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Relationship between corporate social responsibility and violations

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  • He, Xinxin
  • Ma, Jun
  • Song, Jiayi
  • Guo, Jingyi

Abstract

This study reveals a substantial negative correlation between corporate social responsibility (CSR) performance and corporate violations, highlighting the mediating role of internal controls. Enhanced CSR strengthens internal controls, reducing corporate violations. These findings are supported by robustness tests and endogeneity analysis, confirming CSR's crucial role in governance, minimizing breaches.

Suggested Citation

  • He, Xinxin & Ma, Jun & Song, Jiayi & Guo, Jingyi, 2024. "Relationship between corporate social responsibility and violations," Finance Research Letters, Elsevier, vol. 65(C).
    • Handle: RePEc:eee:finlet:v:65:y:2024:i:c:s1544612324005403
    DOI: 10.1016/j.frl.2024.105510
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    References listed on IDEAS

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    1. Minghui Yang & Shaoming Chen & Jiawen Wang & Yan Wang, 2023. "Corporate social responsibility and stock price crash risk: does analyst coverage matter?," Applied Economics, Taylor & Francis Journals, vol. 55(10), pages 1045-1061, February.
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    Cited by:

    1. Sun, Zeyu & Zhou, Ye & Yang, Xiaoguang, 2025. "Open government and corporate misconduct: Evidence from China," Finance Research Letters, Elsevier, vol. 75(C).
    2. Waghmare Ganesh & Dash Pranati & Jogalekar Jaee & Killedar Murshaduddin & Rao Mvk Srinivasa & Biswas Mitrajit, 2025. "Corporate Social Responsibility: Economic Impacts on Consumer Loyalty and Brand Value in the Digital Era," Economics, Sciendo, vol. 13(2), pages 507-527.

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