What Corporate Social Responsibility Activities are Valued by the Market?

By R. Bird, A. D. D. Hall, Francesco Momente’, Francesco Reggiani. 2007

562 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/c10358cc9f004a416651c15354aa1483b5d45a73

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. Jinhua Cui
2. James E. Mattingly
3. E. Akben-Selcuk
4. Lammertjan Dam
5. Li Cai
6. Bert Scholtens
7. E. Trahan
8. H. Jo

In Strategy and Management

1. Lammertjan Dam
2. Bert Scholtens
3. Jinhua Cui
4. James E. Mattingly
5. Li Cai
6. E. Akben-Selcuk
7. H. Jo
8. Carmen Stoian

Citations in the corpus

• Are CSR disclosures relevant for investors? Empirical evidence from Germany (2016, unknown): “…1374 ,6 as specific stakeholder groups may have dissimilar influences on firms ’ operations and financial performance (Flammer, 2015; Dhaliwal et al. , 2012); in addition, investors may be interested in specific CSR activities (Harjoto and Jo, 2015; Mishra and Modi, 2013; Bird et al. , 2007).”
• Labor-Friendly Corporate Practices: Is What is Good for Employees Good for Shareholders? (2011, background): “Bird et al. (2007) study employee strengths and concerns in the KLD database. They find some positive relation between employee strengths and future stock returns and market-to-book ratio. Our study differs significantly from these in many respects. First, while they both focus on stock market retur”
• The Link between Firm Financial Performance and Investment in Sustainability Initiatives (2014, background): “The firms then communicate their initiatives to stakeholders, including investors, customers, media, and regulatory authorities on the expectation that this will encourage brand loyalty, build reputation, and proactively prevent onerous regulation (Bird et al. 2007; Miles, Covin, and Heeley 2000).”
• The Supply of Corporate Social Responsibility Disclosures Among U.S. Firms (2009, unknown): “Bird et al. (2007) adopt a traditional economic approach to the question, suggesting that managers should apply net present value (NPV) analysis to all potential CSR activities and take only the actions that result in a positive NPV and thus, increase shareholder wealth.”
• Corporate Social Responsibility That “Pays”: A Strategic Approach to CSR for SMEs ** (2017, background): “Furthermore, CSR activities are easily observable and measurable (Bird et al. 2007), which facilitates a quantitative investigation of their impact on firm growth.”
• Does Ownership Type Matter for Corporate Social Responsibility (2012, methodology): “In order to account for the criticism of Bird et al. (2007) and Margolis et al. (2007) about the neglect of heterogeneity of CSR, we will also look into the relationship between ownership and three constituting dimensions of CSR.”
• Corporate Environmental Responsibility and Firm Risk (2015, background): “Recently, the environmental dimension has been one of the greatest interests in terms of the market’s attitude toward CSR (Bird et al. 2007; Wahba 2008).”