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Social and Behavioral Sciences Commons

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Finance and Financial Management

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Full-Text Articles in Social and Behavioral Sciences

When Does Csr Payoff?, John A. Doukas, Rongyao Zhang Jan 2023

When Does Csr Payoff?, John A. Doukas, Rongyao Zhang

Finance Faculty Publications

We investigate whether firms engaging in corporate social responsibility (CSR) can preserve firm value during normal and unprecedented exogenous adverse events. Our evidence shows, in regular times, a negative relation between CSR engagement and firm value, but under adverse economic conditions, CSR protects firm value by decreasing firm risks. We also find that firms with high managerial attributes engage in greater CSR activities that benefit shareholders in both normal and aberrant financial times. Despite the controversy surrounding CSR, our evidence points out that CSR can be viewed as a set of intangible assets that can improve firm value across good …


A History Of Financial Regulation In The Usa From The Beginning Until Today: 1789 To 2011, Gary Richardson Dec 2013

A History Of Financial Regulation In The Usa From The Beginning Until Today: 1789 To 2011, Gary Richardson

Gary Richardson

No abstract provided.


Quarterly Data On The Categories And Causes Of Bank Distress During The Great Depression, Gary Richardson Dec 2007

Quarterly Data On The Categories And Causes Of Bank Distress During The Great Depression, Gary Richardson

Gary Richardson

No abstract provided.