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Corporate social responsibility disclosure and market valuation: evidence from Spanish listed firms
16 references·16 citing·40 second hopsampled
Corporate social responsibility disclosure and market valuation: evidence from Spanish listed firms (2014)Corporate social responsibility disclosur…Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting (2010)Voluntary Nonfinancial Disclo…International Accounting Standards and Accounting Quality (2008)International Accounting Stan…Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches (2008)Estimating Standard Errors in…Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis (2007)Revisiting the relation betwe…Misery Loves Companies: Rethinking Social Initiatives by Business (2003)Misery Loves Companies: Rethi…Corporate Social and Financial Performance: A Meta-Analysis (2003)Corporate Social and Financia…Introduction (2002)IntroductionInformation asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)Information asymmetry, corpor…INSTITUTIONAL EVOLUTION AND CHANGE: ENVIRONMENTALISM AND THE U.S. CHEMICAL INDUSTRY. (1999)INSTITUTIONAL EVOLUTION AND C…The Corporate Social Performance and Corporate Financial Performance Debate (1997)The Corporate Social Performa…Managing Legitimacy: Strategic and Institutional Approaches (1995)Managing Legitimacy: Strategi…Earnings, Book Values, and Dividends in Equity Valuation* (1995)Earnings, Book Values, and Di…Corporate social and environmental reporting (1995)Corporate social and environm…Positive Accounting Theory (1985)Positive Accounting TheoryCorporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Theory of the firm: Manageria…Geopolitical risk and stock liquidity (2023)Geopolitical risk and stock l…Environmental, social and governance impact on financial performance: evidence from the Levant countries (2022)Environmental, social and gov…Determinants of the extent and quality of corporate social responsibility disclosure in the industrial and services sectors: the case of Jordan (2022)Determinants of the extent an…The moderating effects of corporate social responsibility assurance in the relationship between corporate social responsibility disclosure and corporate performance (2021)The moderating effects of cor…How do Stock Market Participants Value ESG Performance? Evidence from Middle Eastern and North African Countries (2021)How do Stock Market Participa…Does corporate social responsibility disclosure impact firm performance? An industry-wise analysis of Indian firms (2021)Does corporate social respons…The role of sustainability reporting in shareholder perception of tax avoidance (2020)The role of sustainability re…The revision of nonfinancial reporting directive: A critical lens on the comparability principle (2020)The revision of nonfinancial …The effect of institutional investors’ distraction on firms’ corporate social responsibility engagement: evidence from China (2020)The effect of institutional i…Does CEO media exposure affect corporate social responsibility? (2019)Does CEO media exposure affec…Corporate non-financial disclosure, firm value, risk, and agency costs: evidence from Italian listed companies (2019)Corporate non-financial discl…The Value Relevance of Operating Lease Liabilities: Economic Effects of IFRS 16 (2018)The Value Relevance of Operat…Quality of Corporate Social Responsibility Disclosure and Cost of Equity Capital: Lessons from China (2018)Quality of Corporate Social R…Corporate scandals and the reliability of ESG assessments: evidence from an international sample (2017)Corporate scandals and the re…Value Relevance of Stakeholder Engagement: The Influence of National Culture (2016)Value Relevance of Stakeholde…Factors influencing board of directors’ decision-making process as determinants of CSR engagement (2016)Factors influencing board of …A theory of justice original editionSensemaking in Organizations (1996)Why would corporations behave in socially responsible ways? an institutional theory of corporate social responsibility (2007)Strategic management a stakeholder approach (2010)The Impact of Corporate Sustainability on Organizational Processes and Performance (2014)ESG and financial performance: aggregated evidence from more than 2000 empirical studies (2015)The Cost of Capital, Corporation Finance and the Theory of Investment (1958)Dividend Policy, Growth, and the Valuation of Shares (1961)The Theory and Measurement of Business Income (1961)Valuation and Clean Surplus Accounting for Operating and Financial Activities* (1995)Capital markets research in accounting (2001)Does Corporate Social Responsibility Affect the Cost of Capital? (2010)Institutionalized Organizations: Formal Structure as Myth and Ceremony (1977)The Iron Cage Revisited: Institutional Isomorphism and Collective Rationality in Organizational Fields (1983)Toward a Theory of Stakeholder Identification and Salience: Defining the Principle of who and What Really Counts (1997)WHY COMPANIES GO GREEN: A MODEL OF ECOLOGICAL RESPONSIVENESS. (2000)The iron cage revisited institutional isomorphism and collective rationality in organizational fields (2004)Modes of Network Governance: Structure, Management, and Effectiveness (2007)Firm resources and sustained competitive advantage (2004)The Nature of the Firm (1937)CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK* (1964)The Pricing of Options and Corporate Liabilities (1973)Separation of Ownership and Control (1983)Law and Finance (1998)Large Shareholders and Corporate Control (1986)The Cross-Section of Expected Stock Returns (1992)Corporate social responsibility and access to finance (2013)Corporate Sustainability: First Evidence on Materiality (2016)The Market for "Lemons": Quality Uncertainty and the Market Mechanism (1970)Determinants of corporate borrowing (1977)The Capital Structure Puzzle (1984)A Survey of Corporate Governance (1997)Risk, Return, and Equilibrium: Empirical Tests (1973)Specification Tests in Econometrics (1978)Econometric Analysis of Cross Section and Panel Data (2001)Robust Standard Errors for Panel Regressions with Cross-Sectional Dependence (2007)Robust Inference With Multiway Clustering (2011)Policy Uncertainty and Corporate Investment (2015)Performance matched discretionary accrual measures (2005)The economic implications of corporate financial reporting (2005)
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References

  • 1976Theory of the firm: Managerial behavior, agency costs and ownership structure71,441 cited
  • 1995Managing Legitimacy: Strategic and Institutional Approaches19,858 cited
  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 2008Estimating Standard Errors in Finance Panel Data Sets: Comparing Approaches10,793 cited
  • 2003Corporate Social and Financial Performance: A Meta-Analysis7,627 cited
  • 2001Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature7,391 cited
  • 1985Positive Accounting Theory5,837 cited
  • 2003Misery Loves Companies: Rethinking Social Initiatives by Business5,126 cited
  • 1995Earnings, Book Values, and Dividends in Equity Valuation*5,061 cited
  • 2010Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting4,332 cited
  • 2002Introduction3,817 cited
  • 2007Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis3,357 cited
  • 1995Corporate social and environmental reporting3,320 cited
  • 2008International Accounting Standards and Accounting Quality3,050 cited

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1999
INSTITUTIONAL EVOLUTION AND CHANGE: ENVIRONMENTALISM AND THE U.S. CHEMICAL INDUSTRY.
2,406 cited
  • 1997The Corporate Social Performance and Corporate Financial Performance Debate2,285 cited
  • Cited by

    • 2022Environmental, social and governance impact on financial performance: evidence from the Levant countries142 cited
    • 2016Factors influencing board of directors’ decision-making process as determinants of CSR engagement132 cited
    • 2017Corporate scandals and the reliability of ESG assessments: evidence from an international sample110 cited
    • 2021Does corporate social responsibility disclosure impact firm performance? An industry-wise analysis of Indian firms102 cited
    • 2023Geopolitical risk and stock liquidity96 cited
    • 2019Corporate non-financial disclosure, firm value, risk, and agency costs: evidence from Italian listed companies96 cited
    • 2020The revision of nonfinancial reporting directive: A critical lens on the comparability principle92 cited
    • 2020The role of sustainability reporting in shareholder perception of tax avoidance87 cited
    • 2021How do Stock Market Participants Value ESG Performance? Evidence from Middle Eastern and North African Countries80 cited
    • 2020The effect of institutional investors’ distraction on firms’ corporate social responsibility engagement: evidence from China72 cited
    • 2018Quality of Corporate Social Responsibility Disclosure and Cost of Equity Capital: Lessons from China68 cited
    • 2022Determinants of the extent and quality of corporate social responsibility disclosure in the industrial and services sectors: the case of Jordan67 cited
    • 2021The moderating effects of corporate social responsibility assurance in the relationship between corporate social responsibility disclosure and corporate performance65 cited
    • 2016Value Relevance of Stakeholder Engagement: The Influence of National Culture65 cited
    • 2019Does CEO media exposure affect corporate social responsibility?64 cited
    • 2018The Value Relevance of Operating Lease Liabilities: Economic Effects of IFRS 1663 cited