Artikel
Does corporate social responsibility lead to superior performance?
In view of the inconsistent empirical findings in the literature and the limitations of least squares regressions, this paper employs a quantile regression method to investigate the impact that engagement in corporate social responsibility (CSR) activities has on corporate performance in China. An important finding of this work is that a significant, negative relationship across all quantiles exists between engagement in CSR activities and corporate performance in China when using return on assets (ROA), return on equity (ROE), and earnings per share (EPS) as performance measures. However, a significant, negative relationship between engagement in CSR activities and corporate performance only exists at low quantiles when using gross profit to net sales (GP) as a performance measure.
- Sprache
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Englisch
- Erschienen in
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Journal: Financial Studies ; ISSN: 2066-6071 ; Volume: 22 ; Year: 2018 ; Issue: 3 (81) ; Pages: 6-22 ; Bucharest: Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research
- Klassifikation
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Wirtschaft
Econometric Modeling: General
Corporate Finance and Governance: General
- Thema
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Corporate Performance
Quantile Regression
- Ereignis
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Geistige Schöpfung
- (wer)
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Liu, Shu-Bing
Kang, Hsin-Hong
Hsueh, Shun-Jen
- Ereignis
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Veröffentlichung
- (wer)
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Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research
- (wo)
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Bucharest
- (wann)
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2018
- Handle
- Letzte Aktualisierung
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10.03.2025, 11:41 MEZ
Datenpartner
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.
Objekttyp
- Artikel
Beteiligte
- Liu, Shu-Bing
- Kang, Hsin-Hong
- Hsueh, Shun-Jen
- Romanian Academy, National Institute of Economic Research (INCE), "Victor Slăvescu" Centre for Financial and Monetary Research
Entstanden
- 2018