The Downside of Being Responsible: Corporate Social Responsibility and Tail Risk
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DOI: 10.1007/s10551-015-2549-9
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Citations
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Cited by:
- Özge Sahin & Karoline Bax & Claudia Czado & Sandra Paterlini, 2022.
"Environmental, Social, Governance scores and the Missing pillar—Why does missing information matter?,"
Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 29(5), pages 1782-1798, September.
- Ozge Sahin & Karoline Bax & Claudia Czado & Sandra Paterlini, 2021. "Environmental, Social, Governance scores and the Missing pillar -- Why does missing information matter?," Papers 2106.15466, arXiv.org, revised Jun 2022.
- Bannier, Christina E. & Bofinger, Yannik & Rock, Björn, 2019. "Doing safe by doing good: ESG investing and corporate social responsibility in the U.S. and Europe," CFS Working Paper Series 621, Center for Financial Studies (CFS).
- Manuela Gomez‐Valencia & Maria Alejandra Gonzalez‐Perez & Ana Maria Gomez‐Trujillo, 2021. "The “Six Ws” of sustainable development risks," Business Strategy and the Environment, Wiley Blackwell, vol. 30(7), pages 3131-3144, November.
- Henk Berkman & Michelle Li & Helen Lu, 2021. "Trust and the value of CSR during the global financial crisis," Accounting and Finance, Accounting and Finance Association of Australia and New Zealand, vol. 61(3), pages 4955-4965, September.
- Meles, Antonio & Salerno, Dario & Sampagnaro, Gabriele & Verdoliva, Vincenzo & Zhang, Jianing, 2023. "The influence of green innovation on default risk: Evidence from Europe," International Review of Economics & Finance, Elsevier, vol. 84(C), pages 692-710.
- Ford, Jansson M. & Gehricke, Sebastian A. & Zhang, Jin E., 2022. "Option traders are concerned about climate risks: ESG ratings and short-term sentiment," Journal of Behavioral and Experimental Finance, Elsevier, vol. 35(C).
- Fiordelisi, Franco & Ricci, Ornella & Santilli, Gianluca, 2023. "Environmental engagement and stock price crash risk: Evidence from the European banking industry," International Review of Financial Analysis, Elsevier, vol. 88(C).
- Wu, Chia-Ming & Hu, Jin-Li, 2019. "Can CSR reduce stock price crash risk? Evidence from China's energy industry," Energy Policy, Elsevier, vol. 128(C), pages 505-518.
- Chowdhury, Hasibul & Hodgson, Allan & Pathan, Shams, 2020. "Do external labour market incentives constrain bad news hoarding? The CEO's industry tournament and crash risk reduction," Journal of Corporate Finance, Elsevier, vol. 65(C).
- Wei Shi & Kevin Veenstra, 2021. "The Moderating Effect of Cultural Values on the Relationship Between Corporate Social Performance and Firm Performance," Journal of Business Ethics, Springer, vol. 174(1), pages 89-107, November.
- Ling, Aifan & Li, Jinlong & Zhang, Yugui, 2023. "Can firms with higher ESG ratings bear higher bank systemic tail risk spillover?—Evidence from Chinese A-share market," Pacific-Basin Finance Journal, Elsevier, vol. 80(C).
- Arouri, Mohamed & Gomes, Mathieu & Pukthuanthong, Kuntara, 2019.
"Corporate social responsibility and M&A uncertainty,"
Journal of Corporate Finance, Elsevier, vol. 56(C), pages 176-198.
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- Iftekhar Hasan & Hui Li & Haizhi Wang & Yun Zhu, 2021. "Do Affiliated Bankers on Board Enhance Corporate Social Responsibility? US Evidence," Sustainability, MDPI, vol. 13(6), pages 1-27, March.
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- Jean McGuire & Jana Oehmichen & Michael Wolff & Roman Hilgers, 2019. "Do Contracts Make Them Care? The Impact of CEO Compensation Design on Corporate Social Performance," Journal of Business Ethics, Springer, vol. 157(2), pages 375-390, June.
- Bax, Karoline & Sahin, Özge & Czado, Claudia & Paterlini, Sandra, 2023. "ESG, risk, and (tail) dependence," International Review of Financial Analysis, Elsevier, vol. 87(C).
- Sudipta Bose & Chuan Yu, 2023. "Does Earnings Quality Influence Corporate Social Responsibility Performance? Empirical Evidence of the Causal Link," Abacus, Accounting Foundation, University of Sydney, vol. 59(2), pages 493-540, June.
- Jingyan Zhang & Jan De Spiegeleer & Wim Schoutens, 2021. "Implied Tail Risk and ESG Ratings," Mathematics, MDPI, vol. 9(14), pages 1-16, July.
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- Dongyi Zhou & Rui Zhou, 2021. "ESG Performance and Stock Price Volatility in Public Health Crisis: Evidence from COVID-19 Pandemic," IJERPH, MDPI, vol. 19(1), pages 1-15, December.
- Tzouvanas, Panagiotis & Kizys, Renatas & Chatziantoniou, Ioannis & Sagitova, Roza, 2020. "Environmental disclosure and idiosyncratic risk in the European manufacturing sector," Energy Economics, Elsevier, vol. 87(C).
- Chen, Jing & Zhao, Deqiang & Liu, Xinghe & Xu, Cheng & Liu, Luyao, 2022. "Home Sweet Home: Do Local CEOs Curb Stock Price Crash Risk?," Finance Research Letters, Elsevier, vol. 50(C).
- Quang Trinh, Vu & Duong Cao, Ngan & Li, Teng & Elnahass, Marwa, 2023. "Social capital, trust, and bank tail risk: The value of ESG rating and the effects of crisis shocks," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 83(C).
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More about this item
Keywords
Tail risk; Risk management; Corporate social responsibility;All these keywords.
JEL classification:
- C33 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - Models with Panel Data; Spatio-temporal Models
- G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
- G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
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