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Social capital during the coronavirus pandemic: the value of corporate benevolence

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In this paper, we explore market reaction to announcements of corporate donations associated with the COVID-19 crisis. Companies with larger firm size, higher leverage, higher institutional ownersh... Click to show full abstract

In this paper, we explore market reaction to announcements of corporate donations associated with the COVID-19 crisis. Companies with larger firm size, higher leverage, higher institutional ownersh...

Keywords: capital coronavirus; value corporate; corporate benevolence; coronavirus pandemic; pandemic value; social capital

Journal Title: Applied Economics
Year Published: 2021

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