Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency

By Dan S. Dhaliwal, Oliver Zhen Li, Albert H. C. Tsang, Yong George Yang. 2014

322 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/da7bbf34ffb5c8dc53caad8ebd1389c2495194e7

Citations in the corpus

• Are CSR disclosures relevant for investors? Empirical evidence from Germany (2016, unknown): “Understanding this relation is of increasing interest to academics and practitioners (Dhaliwal et al. , 2014) as CSR reporting is costly, yet has also been argued to improve financial performance (Arendt and Brettel, 2010), increase firm value (Reverte, 2016), reduce financial risk (Mishra and…”
• On the Value of Corporate Social Responsibility Disclosure: An Empirical Investigation of Corporate Bond Issues in China (2018, unknown): “In support of this argument, Dhaliwal et al. (2014) suggest that CSR disclosures can be viewed as a substitute for financial disclosures in terms of improving a firm’s information environment.”
• Impact of disclosure and assurance quality of corporate sustainability reports on access to finance (2019, unknown): “Overall, the role of the quantity of CSR information has beenwidely studied in the existing investment literature (Dhaliwal et al., 2012, 2014) yet the usefulness of the sustainability information for financial market participants is an open‐ended empirical research question, which deserves further…”
• Carbon disclosure, emission intensity and cost of equity capital: multi‐country evidence (2019, unknown): “Our study extends research on the influence of firms’ environmental reporting in lowering COC (e.g. El Ghoul et al., 2011; Dhaliwal et al., 2014; Kim et al., 2015).”
• Tax avoidance, corporate governance, and corporate social responsibility: The case of the Egyptian capital market (2020, unknown): “…such as enforcement, political, and culture systems, affect firms’ ESG disclosure practices and its economic consequences (Baldini et al., 2018; Dhaliwal et al., 2014). e Therefore, it is pivotal to understand the relationship between CSR disclosure and firm performance within country-specific…”
• The expansion of non-financial reporting: an exploratory study (2018, unknown): “Finally, we also find a significant increase in CSR/sustainability reporting both in the U.S. and Europe over the period 2002–2015, and identify factors influencing the likelihood of issuance of a CSR/sustainability report.”
• Environmental policy, environmental performance, and financial distress in China: Do top management team characteristics matter? (2018, unknown): “Accordingly, this risk shielding nature of corporate social and environmental performance is not just limited to cost of equity capital (Dhaliwal et al., 2014; El Ghoul et al., 2016; La Rosa et al., 2017), credit risk (Stellner et al.”