Does CSR Reduce Firm Risk? Evidence from Controversial Industry Sectors

By H. Jo, Haejung Na. 2012

809 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/e434ec6115a6922e94e9332b18c5fbb0a45f9c65

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. Sadok El Ghoul
2. Omrane Guedhami
3. A. Cheung
4. Jinhua Cui
5. H. Jo
6. Ioannis Oikonomou
7. Li Cai
8. Hakkon Kim

In Strategy and Management

1. Sadok El Ghoul
2. A. Cheung
3. Omrane Guedhami
4. Jinhua Cui
5. Li Cai
6. H. Jo
7. Hakkon Kim
8. Kwangwoo Park

Citations in the corpus

• Do Socially Responsible Firms Pay More Taxes (2016, result): “This conservative approach ensures that we control for the extent to which these variables determine both CSR and Cash ETR and results in an equation similar to Jo and Na (2012) and Callan and Thomas (2011). preprint accepted manuscript 25”
• Corporate social responsibility and dividend policy (2018, neutral): “…2011),  stronger  loyalty  from  investor  or  customer  (Luo  and  Bhattacharya,  2009;  Albuquerque  et  al.,  2014;  Jo  and  Na,  2012),  good  reputation  or  social  capital  (Luo  and  Bhattacharya,  2009),  and/or  larger …”
• The influence of corporate social responsibility on investment efficiency and innovation (2019, neutral): “First, it is possible that managers undertake low-cost CSR initiatives as “window dressing” (Jo and Na 2012) or “greenwashing” (Chatterji et al. 2009), meaning highly visible, well publicized CSR projects that are designed to satisfy stakeholders’ demand for CSR without having any real impact on…”
• Corporate Environmental Responsibility and Firm Risk (2015, methodology): “The literature supports the risk-reduction effect of CSR (e.g., Jo and Na 2012).”
• Corporate social responsibility and corporate cash holdings (2016, methodology): “Following the literature on idiosyncratic risk (e.g., Ferreira and Laux, 2007; Luo and Bhattacharya, 2009; and Jo and Na, 2012), we use the market model to compute idiosyncratic risk and systematic risk.”
• ESG Shareholder Engagement and Downside Risk (2018, background): “…that negative events occur (Kim, Li, and Li, 2014; Krueger, 2015), and also reduce firm risk more generally (Albuquerque, Koskinen, and Zhang, 2019; Jo and Na, 2012; Godfrey, Merrill, and Hansen, 2009; Luo and Bhattacharya, 2009; Oikonomou, Brooks, and Pavelin, 2012; Monti et al., 2018).”