Corporate social responsibility, stakeholder risk, and idiosyncratic volatility

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Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021, result): “In addition, Schiller (2018) finds that suppliers’ legal risk is reduced when customers have better environmental policies In contrast to the several papers that document a negative relation between CSR and various types risks, results in Becchetti et al. (2015) support the view that CSR increases f”