企业社会责任委员会和新冠疫情期间的企业价值

IF 0.9 Q3 ECONOMICS

Economics and Business Letters Pub Date : 2023-07-13 DOI:10.17811/ebl.12.2.2023.137-146

Yu-Lin Hsu, Ya-Ching Chu

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引用次数: 0

摘要

本文研究了在新冠肺炎大流行期间，企业社会责任委员会的存在是否对企业价值（以托宾Q衡量）有缓解作用。通过分析英国上市公司的数据，我们发现，尽管疫情导致公司价值下降，但企业社会责任委员会的存在有助于减轻新冠肺炎对公司价值的负面影响。研究结果表明，企业社会责任委员会的成立不是一种象征性的印象管理工具，而是危机期间一种有效的可持续性治理机制。我们的研究结果应该有助于监管机构和公司做出与企业社会责任委员会相关的决策。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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CSR committee and firm value during the COVID-19 pandemic

This paper investigates whether the presence of CSR committees has a mitigating effect on firm value (measured by Tobin’s Q) during the COVID-19 pandemic. Analyzing UK listed firm data, we find that although the pandemic results in lower firm value, the presence of CSR committees helps to mitigate the negative impact of COVID-19 on firm value. The results suggest that the formation of CSR committees is not a symbolic impression management tool but an effective sustainability governance mechanism during the crisis. Our results should be helpful for regulators and companies in making decisions related to CSR committees.

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来源期刊

Economics and Business Letters ECONOMICS-

CiteScore

1.80

自引率

11.10%

发文量

期刊介绍： Economics and Business Letters is an open access journal that publishes both theoretical and empirical quality original papers in all economics and business fields. In addition, relevant discussions on current policy issues will be considered for the Policy Watch section. As general strategy of EBL, the journal will launch calls for papers for special issues on topics of interest, generally with invited guest editors. The maximum length of the letters is limited to 2,500 words.