WebWe find that the stock price crash risk of energy firms significantly decreases in the post-COVID-19 period. We also find that firms that engage in more corporate social responsibility (CSR) activities are less exposed to stock price crash risk in the post-COVID-19 period than those that engage in less CSR activities. Weblower, stock price crash risk. To test these two opposing views of the relation between CSR and stock price crash risk, we examine how firms’ CSR performance is …

Corporate Social Responsibility Disclosure and Stock Price Crash …

3.2. Regression variables3.2.1. Cost of equity capital. We follow recent research … The directors of such [joint-stock] companies, however, being the … We develop a series of cross-sectional regression specifications to forecast … Tax avoidance on stock price crash risk: The effect of takeover threat (H2). This … In addition, we investigate whether the negative relation between CSR and … Target firm variables include a classified board indicator and controls for the net … Table 2 presents the descriptive statistics for the variables used in our regression … The KLD database provides annual social performance evaluation for around 650 … WebKeywords: Corporate Social Responsibility (CSR); stock price crash risk; academic independent director; institutional investor 1. Introduction Stock price crash risk measures the possibility of a stock price collapse of a listed company, which can be attributed to principal-agent problems and information asymmetry [1,2]. There is a iron bnf

How corporate social responsibility reduces the risk of stock

WebAbstract. This study provides evidence for the differential impacts of corporate social responsibility (CSR) initiatives targeting different stakeholder groups on stock price … WebNov 8, 2024 · The practice of corporate social responsibility (CSR) by firms can play a significant role in mitigating the risk of stock price crashes, particularly in undervalued … WebThe results show that: (1) There is an inverted U-shaped nonlinear relationship between CSR information disclosure and stock price crash risk. That is, as the CSR information disclosure level increases, the CSR information disclosure first aggravates and then reduces the stock price crash risk; (2) under different disclosure motives, there is a ... port moresby tide chart 2023