Stakeholder welfare and firm value

By Yawen Jiao. 2010

418 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/86dda9e32e29080de348ce14d4398786cacd4831

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Citations in the corpus

Corporate social responsibility and CEO confidence (2017, neutral): “This approach follows previous literature, including Jiao (2010), El Ghoul et al.”
Corporate social responsibility and financial performance: A non-linear and disaggregated approach (2016, methodology): “Most research in this field heavily relies on the dataset provided by Kinder, Lydenberg and Domini (KLD) (see, inter alia, Andersen and Dejoy, 2011; Jiao, 2010; Callan and Thomas, 2009; Brammer et al., 2009; Becchetti and Ciciretti; 2006; Hillman and Keim, 2001; McWilliams and Siegel, 2000).”
Corporate social responsibility and M&A uncertainty (2019, neutral): “…studies show that CSR impacts the market value of firms (Buchanan et al., 2018; Fauver et al., 2018; Ferrell et al., 2016; Gao and Zhang, 2015; Jiao, 2010; Lins et al., 2017; Servaes and Tamayo, 2013), the cost of capital (El Ghoul et al., 2011; Dhaliwal et al, 2014; Martínez-Ferrero et al.,…”
Environmental regulation and the cost of bank loans: International evidence (2020, background): “Studies in this camp generally focus on firms’ social and environmental profiles and document a significant positive (negative) effect on firms with a good (concerning) profile (Sharfman and Fernando, 2008; Oates et al., 1993; El Ghoul et al., 2011; El Ghoul et al., 2018; Chava, 2014; Goss and Rober”
Corporate Social Performance: A Review of Empirical Research Examining the Corporation–Society Relationship Using Kinder, Lydenberg, Domini Social Ratings Data (2017, background): “Although stock returns were not consistently related to environmental performance, Jiao (2010) observed that environmental and employee-related CSPs were positively related to Tobin’s Q, a measure of a firm’s overall value.”
Stock return and financial performance as moderation variable in influence of good corporate governance towards corporate value (2019, background): “Jiao (2010) showed higher stock return resulted in higher shareholder’s trust as well as improving performance and corporate value.”
Banks and environmental, social and governance drivers: Follow the market or the authorities? (2021, neutral): “The two CFP, derived from the banking valuation carried out by the capital markets, are based, by definition, not only on historical data but also on future expectations (Jiao, 2010).”