The Value Relevance of Reputation for Sustainability Leadership

By I. Lourenço, Jeffrey L. Callen, Manuel Castelo Branco, José Dias Curto. 2014

232 citations recorded by the source corpus.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e2f75115b272e1b169c1220acfe242cf97ceb938

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Citations in the corpus

Corporate social responsibility disclosure and market valuation: evidence from Spanish listed firms (2014, methodology): “Lourenço et al. (2014), using the DJSI index as a proxy for reputation for sustainability leadership, find that net income of firms with good sustainability reputation has a higher valuation by the market as compared to those with less sustainability reputation.”
CSR, Innovation, and Firm Performance in Sluggish Growth Contexts: A Firm-Level Empirical Analysis (2015, background): “In Model 2, the ‘‘legitimacy/commitment model’’ (Gössling 2011), firms implementing CSR are more profitable (all else being equal) due to external factors, such as their better reputation (Lourenço et al. 2012), gains in legitimacy, and more market flexibility (‘‘license to operate’’), as well as in”
Are CSR disclosures relevant for investors? Empirical evidence from Germany (2016, unknown): “In line with previous studies (De Villiers and Marques, 2016; De Klerk et al. , 2015; Reverte, 2016; Lourenço et al. , 2014), we estimate the following Ohlson (1995) valuation model: where SP is the share price (of common shares) at the end of the quarter when all relevant reports have been…”
Value Relevance of Accounting Information Under an Integrated Reporting Approach: A Research Note (2016, background): “Similar to Lourenco et al. (2014), our results indicate that by connecting a firm’s financial information with previously disconnected and, to large extent, unbooked pieces of information about its human, social and natural resources, the value relevance of its earnings is significantly increased.”
Impact of Sustainability Reporting and Inadequate Management of ESG Factors on Corporate Performance and Sustainable Growth (2020, unknown): “[59], showed the usefulness of sustainability reporting.”
The Value Relevance of Environmental, Social, and Governance Performance: The Brazilian Case (2018, background): “Second, most studies have used as their corporate sustainability indicators the publication of sustainability reports [15–19] or the inclusion of the company in a socially responsible index [13,18,20,21].”