Management Science· 2015Q1
Does Corporate Social Responsibility Lead to Superior Financial Performance? A Regression Discontinuity Approach
- 1,810citations
- Q1SCImago
- 2015year
Short summary
Adopting corporate social responsibility (CSR) proposals that pass by a narrow margin increases announcement returns by 0.58% and boosts accounting performance, driven by higher labor productivity and sales growth.
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Strategy and ManagementBusiness, Management and Accounting