Corporate social responsibility performance and information asymmetry

By Seong-Yeon Cho, Cheol Lee, Ray J. Pfeiffer. 2013

580 citations recorded by the source corpus.

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Corporate social responsibility reporting and firm performance: evidence from China (2015, background): “Externally, CSR reporting helps reduce information asymmetry between firms and outside stakeholders (Cho et al. 2013).”
Corporate Social Responsibility and Investment Efficiency (2016, unknown): “…investigating whether companies exhibiting high CSR reduce earnings management and disclose more transparent and reliable information to investors, Cho et al. (2013) and Kim et al. (2012) show robust evidence that high CSR firms are less likely to engage in earnings management or manipulate real…”
Corporate social responsibility, the cost of equity capital and ownership structure: An analysis of Chinese listed firms (2015, background): “Dhaliwal et al. (2011) and Cho et al. (2012) show empirically that firms with better CSR tend to disclose more information because they seek to project a positive image as responsible corporate citizens to investors and other stakeholders.”
Green Bonds, Corporate Performance, and Corporate Social Responsibility (2019, background): “Companies can positively influence investor perception by reducing information asymmetry [54].”
The contents of assurance statements for sustainability reports and information asymmetry (2017, background): “Cho et al. (2013) find a significant relationship between a company’s sustainability performance and the bid-ask spread.”