Are Red or Blue Companies More Likely to Go Green? Politics and Corporate Social Responsibility

By Alberta Di Giuli, Leonard Kostovetsky. 2014

1,289 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/b0ad319fe175a907473d49895c60bdb4818a6e9d

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Accounting

1. Omrane Guedhami
2. Sadok El Ghoul
3. Christian Leuz
4. Hans B. Christensen
5. Luzi Hail
6. Philipp Krueger
7. Laura T. Starks
8. Andrew Koch

In Strategy and Management

1. Luzi Hail
2. Christian Leuz
3. Hans B. Christensen
4. Omrane Guedhami
5. Philipp Krueger
6. Sadok El Ghoul
7. Laura T. Starks
8. Jeroen Derwall

Citations in the corpus

• Greed or Good Deeds: An Examination of the Relation between Corporate Social Responsibility and the Financial Performance of U.S. Commercial Banks around the Financial Crisis (2016, positive): “Di Giuli and Kostovetsky (2014) find that Democratic-leaning firms spend $20 million more on CSR than Republican-leaning firms, or roughly 10% of net income.”
• The Bright Side of Political Uncertainty: The Case of R&D (2015, background): “In a recent study, Giuli and Kostovetsky (2014) further show that Democratic-leaning firms are more socially responsible than Republican-leaning firms. the year.”
• Corporate Governance and Executive Compensation for Corporate Social Responsibility (2015, neutral): “For an example of the latter, the firm may experience an increase in promotions for women but a reduction in promotions for minorities.”
• Corporate social responsibility and capital allocation efficiency (2017, neutral): “Fourth, this study also contributes to the literature on the implications of CRS for firm performance (e.g., Ameer and Othman, 2012; Di Giuli and Kostovetsky, 2014; Jain et al., 2016; Margolis et al., 2007).”
• Corporate social responsibility and corporate cash holdings (2016, methodology): “Di Giuli and Kostovetsky (2014) argue that “political affiliation is a natural measure of preferences for social responsibility.”
• Peer Effects of Corporate Social Responsibility (2019, neutral): “, Goss (2009)), a lower cost of capital ((El Ghoul et al. (2011), Dhaliwal et al.”
• ESG Ratings and Stock Performance during the COVID-19 Crisis (2021, background): “Following this argument, a firm’s CSR performance is either unrelated to its value or can even damage a firm’s valuation because of high agency costs [12,23,24,29].”