The Impact of Corporate Social Responsibility on Risk Taking and Firm Value
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DOI: 10.1007/s10551-016-3202-y
Abstract: We hypothesize that CSR serves as a control mechanism to reduce deviations from optimal risk taking, and therefore, CSR curbs excessive risk taking and reduces excessive risk avoidance. Based on the stakeholder theory, firms with… read more here.
Keywords: risk; firm value; excessive risk; value impact ... See more keywords