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Corporate Social Responsibility and the Value of a Firm

In: International Dimensions of Sustainable Management

Author

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  • Yonghyup Oh

    (University of Antwerp)

Abstract

This chapter illustrates a conceptual method of valuing a firm that reflects corporate social responsibility. According to this method, a firm conforming more to environmental standards than others has ceteris paribus a higher firm value. This method combines the ethical aspects of a firm’s activities and the taxation as public policy institution while respecting the cash value of a firm.

Suggested Citation

  • Yonghyup Oh, 2019. "Corporate Social Responsibility and the Value of a Firm," CSR, Sustainability, Ethics & Governance, in: René Schmidpeter & Nicholas Capaldi & Samuel O. Idowu & Anika Stürenberg Herrera (ed.), International Dimensions of Sustainable Management, pages 107-111, Springer.
    • Handle: RePEc:spr:csrchp:978-3-030-04819-8_7
    DOI: 10.1007/978-3-030-04819-8_7
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    Cited by:

    1. Wencheng Yu & Yikang Zhang & Kun Du & Yanzhou Wu, 2023. "Does the Quality of Director Fusion Raise the Risk of Corporate Debt Default?," Sustainability, MDPI, vol. 15(2), pages 1-18, January.

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