资产可调配性与企业社会责任

IF 1.9 Q2 BUSINESS, FINANCE

Review of Quantitative Finance and Accounting Pub Date : 2024-08-29 DOI:10.1007/s11156-024-01341-w

Joel T. Harper, Li Sun

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引用次数: 0

摘要

我们研究了持有更多可调配资产对企业社会责任（CSR）的影响。通过使用美国上市公司的大型面板样本，我们假设并发现资产可调配性与企业社会责任绩效之间存在显著的负相关关系，这表明拥有更多可调配资产的公司表现出较低的整体企业社会责任绩效。我们的研究结果对不同时期、其他可调配性衡量标准、变化分析和两阶段回归分析都是稳健的。

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Asset redeployability and corporate social responsibility

We examine the impact of holding more redeployable assets on corporate social responsibility (CSR). Using a large panel sample of U.S. public companies, we posit and find a significant negative relation between asset redeployability and CSR performance, suggesting that firms with more redeployable assets demonstrate lower overall CSR performance. Our findings are robust to different time periods, alternative measures of redeployability, a changes analysis, and a two-stage regression analysis.

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来源期刊

Review of Quantitative Finance and Accounting BUSINESS, FINANCE-

CiteScore

3.20

自引率

17.60%

发文量

期刊介绍： Review of Quantitative Finance and Accounting deals with research involving the interaction of finance with accounting, economics, and quantitative methods, focused on finance and accounting. The papers published present useful theoretical and methodological results with the support of interesting empirical applications. Purely theoretical and methodological research with the potential for important applications is also published. Besides the traditional high-quality theoretical and empirical research in finance, the journal also publishes papers dealing with interdisciplinary topics.