Corporate Social Responsibility and Stakeholder Value Maximization: Evidence from Mergers
By Xin Deng, Jun-Koo Kang, Buen Sin Low. 2013
1,467 citations recorded by the source corpus.
Subfields: Accounting, Strategy and Management
View Paper: https://www.semanticscholar.org/paper/d0d61d171b96d8f8076a5ec9ed13e3a1119381b1
How researchers see this paper
The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.
In Accounting
- Sadok El Ghoul
- Omrane Guedhami
- George Serafeim
- Philipp Krueger
- Luc Renneboog
- Stuart L. Gillan
- Rajna Gibson
- Hao Liang
In Strategy and Management
- Sadok El Ghoul
- George Serafeim
- Omrane Guedhami
- Luc Renneboog
- A. Cheung
- Hao Liang
- Philipp Krueger
- Rajna Gibson
Citations in the corpus
- Corporate Environmental Responsibility and the Cost of Capital: International Evidence (2016, methodology): “Following Hail and Leuz (2006), Dhaliwal et al. (2006), and El Ghoul et al.”
- Post-innovation CSR Performance and Firm Value (2015, neutral): “…(e.g., Porter and van der Linde 1995; Hart and Ahuja 1996; Feldman et al. 1997; King and Lenox 2001; Pil and Rothenberg 2003; Derwall et al. 2005; Hong and Kacperczyk 2009; Goss and Roberts 2011; Aktas et al. 2011; El Ghoul et al. 2011; Deng et al. 2013; Xiao et al. 2013; Cheng et al. 2014).”
- Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021, background): “Deng, Kang, and Low (2013) approach the value effect question by examining merger announcement returns for high versus low ESG/CSR firms.”
- Determinants and Economic Consequences of Non-financial Disclosure Quality (2016, positive): “CSR activities such as environmental protection inevitably affect a firm’s operations such as reforming costs and production costs (Deng, Kang, & Low, 2013; Heinkel, Kraus, & Zechner, 2001).”
- Do Investors Value Sustainability? A Natural Experiment Examining Ranking and Fund Flows (2019, methodology): “2015), or because corporate goodness could be used as a method for deterring harmful regulation or enforcement (Baron 2001; Hong and Liskovich 2015; Werner 2015) or broadly signal good governance (Deng et al. 2013; Dimson et al. 2015; Ferrell et al. 2016).(18) If an investor believed that the market”