Zooming in on CSR: which aspects of CSR are relevant for companies' equity risk? - Research portal of Justus Liebig University Giessen:

Journal article

Zooming in on CSR: which aspects of CSR are relevant for companies' equity risk?

Authors list: Bannier, Christina E.; Bofinger, Yannik; Rock, Björn

Publication year: 2022

Pages: 124-129

Journal: Corporate finance

Volume number: 13

Issue number: 5/6

Publisher: Handelsblatt Fachmedien

Abstract:

This paper investigates a sample of 776 european firms and studies the individual impact of different Corporate Social Responsibility (CSR) sub-categories on firms’ equity risk. The results indicate that environmental innovation, consideration of human rights, community relations as well as the implementation of a CSR strategy are particularly relevant for reducing firms’ equity risk. Taking sustainability information on a more granular level into account hence shows to be highly relevant for both firm managers and investors who want to employ sustainability strategies most effectively.

Authors/Editors

- Uni.-Prof. Dr. Christina Evelies Bannier

Citation Styles

Harvard Citation style: Bannier, C., Bofinger, Y. and Rock, B. (2022) Zooming in on CSR: which aspects of CSR are relevant for companies' equity risk?, Corporate finance, 13(5/6), pp. 124-129

APA Citation style: Bannier, C., Bofinger, Y., & Rock, B. (2022). Zooming in on CSR: which aspects of CSR are relevant for companies' equity risk?. Corporate finance. 13(5/6), 124-129.