Corporate Social Responsibility and Shareholder Reaction: The Environmental Awareness of Investors

By Caroline Flammer. 2013

1,531 citations recorded by the source corpus.

Subfields: Economics and Econometrics, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/bf293394aae4d36c0361d0a0b58aa577189bc8e0

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Citations in the corpus

Do Stakeholder Orientation and Environmental Proactivity Impact Firm Profitability? (2017, positive): “This has led to a shift in practices, with sustainability activities now seen as a way to build strategic resources, including stakeholder relationships and a reputation for environmental awareness (Flammer 2013).”
Investor rewards to environmental responsibility: Evidence from the COVID-19 crisis (2021, neutral): “…environmental issues8 such as industrial disasters (Capelle-Blancard and Laguna, 2010), the announcement of corporate news related to environment (Flammer, 2013), Donald Trump’s election and his nomination of Scott Pruitt, a climate skeptic, to lead the Environmental Protection Agency (Ramelli…”
Socially Responsible Firms (2016, background): “Several studies resort to policy and market-wide shocks as quasi-experiments to help identify a causal relationship between CSR and agency proxies (e.g., Hong et al., 2012; Cheng et al., 2013; Flammer, 2013), but this approach is hard to apply in a multi-country context.”
Does Corporate Social Responsibility Lead to Superior Financial Performance? A Regression Discontinuity Approach (2015, background): “______________________ * Correspondence to: Caroline Flammer, Richard Ivey School of Business, University of Western Ontario, 1255 Western Road, Office 3351, London, ON N6G 0N1, Canada.”
Does a Long-Term Orientation Create Value? Evidence from a Regression Discontinuity (2017, methodology): “, Atanassov, 2013; Flammer and Kacperczyk, 2016). 17 In Table A4 of the online appendix we show that our results are robust if we use the alternative cutoffs proposed by Benner and Tushman (2002). 18 A related question is whether firm risk increases following the adoption of long-term compensation p”
The Valuation Relevance of Greenhouse Gas Emissions under the European Union Carbon Emissions Trading Scheme (2015, methodology): “Klassen and McLaughlin (1996) and Flammer (2013) find significant positive returns for strong environmental management as indicated by positive news related to winning environmental performance awards, and significant negative returns for weak environmental 7We did not implement an event study…”
The relationship between Corporate Environmental Responsibility, employees’ biospheric values and pro-environmental behaviour at work (2017, background): “Many organizations aim to reduce their environmental impact (Flammer, 2013; Tebini, M'Zali, Lang, & Perez-Gladish, 2015), and profile themselves as environmentally responsible.”