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Mandatory corporate ESG disclosure and default risk – Evidence from China
16 references·1 citing·45 second hop
Mandatory corporate ESG disclosure and default risk – Evidence from China (2024)Mandatory corporate ESG disclosure and de…Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence (2018)Corporate Social Responsibili…Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis (2017)Social Capital, Trust, and Fi…Is Earnings Quality Associated with Corporate Social Responsibility? (2012)Is Earnings Quality Associate…New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index (2010)New Evidence on Measuring Fin…Corporate Social Responsibility as a Conflict Between Shareholders (2010)Corporate Social Responsibili…Opaque financial reports, R2, and crash risk☆ (2009)Opaque financial reports, R2,…Forecasting Default with the Merton Distance to Default Model (2008)Forecasting Default with the …Financial Constraints Risk (2006)Financial Constraints RiskDefault Risk in Equity Returns (2004)Default Risk in Equity ReturnsCorporate Social Responsibility Theories: Mapping the Territory (2004)Corporate Social Responsibili…Value Maximization, Stakeholder Theory, and the Corporate Objective Function (2002)Value Maximization, Stakehold…Agency Costs and Ownership Structure (2000)Agency Costs and Ownership St…Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints? (1997)Do Investment-Cash Flow Sensi…Corporate financing and investment decisions when firms have information that investors do not have (1984)Corporate financing and inves…Financial Ratios and the Probabilistic Prediction of Bankruptcy (1980)Financial Ratios and the Prob…FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY (1968)FINANCIAL RATIOS, DISCRIMINAN…Influence of ESG on corporate debt default risk: An analysis of the dual risk scenarios (2024)Influence of ESG on corporate…Risk, Return, and Equilibrium: Empirical Tests (1973)Earnings Management During Import Relief Investigations (1991)The economic implications of corporate financial reporting (2005)CFOs versus CEOs: Equity incentives and crashes (2011)Corporate tax avoidance and stock price crash risk: Firm-level analysis (2011)Corporate social responsibility and stock price crash risk (2014)Financing Constraints and Corporate Investment (1988)The determinants and implications of corporate cash holdings (1999)Corporate social responsibility and access to finance (2013)The Economics of Disclosure and Financial Reporting Regulation: Evidence and Suggestions for Future Research (2016)Demand for green finance: Resolving financing constraints on green innovation in China (2021)Theory of the firm: Managerial behavior, agency costs and ownership structure (1976)Separation of Ownership and Control (1983)Agency Costs of Free Cash Flow, Corporate Finance, and Takeovers (1986)Founding‐Family Ownership and Firm Performance: Evidence from the S&P 500 (2003)Are family firms really superior performers? (2007)A review of archival auditing research (2014)Financial Ratios As Predictors of Failure (1966)Conditional logit analysis of qualitative choice behavior (1972)Methodological Issues Related to the Estimation of Financial Distress Prediction Models (1984)The Effect of Audit Quality on Earnings Management* (1998)Forecasting Bankruptcy More Accurately: A Simple Hazard Model (2001)Firm Resources and Sustained Competitive Advantage (1991)Firm resources and sustained competitive advantage (2004)“Implicit” and “Explicit” CSR: A Conceptual Framework for a Comparative Understanding of Corporate Social Responsibility (2008)The New Political Role of Business in a Globalized World: A Review of a New Perspective on CSR and its Implications for the Firm, Governance, and Democracy (2010)What We Know and Don’t Know About Corporate Social Responsibility (2012)Social Capital in the Creation of Human Capital (1988)The Cross-Section of Expected Stock Returns (1992)Bowling alone (2000)Do institutional investors drive corporate social responsibility? International evidence (2018)Firms and social responsibility: A review of ESG and CSR research in corporate finance (2021)Aggregate Confusion: The Divergence of ESG Ratings (2022)Common risk factors in the returns on stocks and bonds (1993)… and the Cross-Section of Expected Returns (2015)Policy Uncertainty and Corporate Investment (2015)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)Information asymmetry, corporate disclosure, and the capital markets: A review of the empirical disclosure literature (2001)The Financial Accelerator in a Quantitative Business Cycle Framework (1998)Managing with Style: The Effect of Managers on Firm Policies (2003)Managerial incentives and risk-taking☆ (2005)How does financial reporting quality relate to investment efficiency? (2009)
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References

  • 1984Corporate financing and investment decisions when firms have information that investors do not have18,936 cited
  • 1968FINANCIAL RATIOS, DISCRIMINANT ANALYSIS AND THE PREDICTION OF CORPORATE BANKRUPTCY14,869 cited
  • 1997Do Investment-Cash Flow Sensitivities Provide Useful Measures of Financing Constraints?6,790 cited
  • 1980Financial Ratios and the Probabilistic Prediction of Bankruptcy6,005 cited
  • 2010New Evidence on Measuring Financial Constraints: Moving Beyond the KZ Index5,574 cited
  • 2004Corporate Social Responsibility Theories: Mapping the Territory3,979 cited
  • 2017Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis3,754 cited
  • 2006Financial Constraints Risk3,702 cited
  • 2009Opaque financial reports, R2, and crash risk☆2,796 cited
  • 2000Agency Costs and Ownership Structure2,517 cited
  • 2010Corporate Social Responsibility as a Conflict Between Shareholders2,311 cited
  • 2008Forecasting Default with the Merton Distance to Default Model2,220 cited
  • 2018Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence2,219 cited
  • 2012Is Earnings Quality Associated with Corporate Social Responsibility?2,009 cited
  • 2004

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Default Risk in Equity Returns
1,997 cited
  • 2002Value Maximization, Stakeholder Theory, and the Corporate Objective Function1,978 cited
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    • 2024Influence of ESG on corporate debt default risk: An analysis of the dual risk scenarios33 cited