Does Corporate Social Responsibility Affect Information Asymmetry?

In this study, we examine the empirical association between corporate social responsibility (CSR) and information asymmetry by investigating their simultaneous and endogenous effects. Employing an extensive U.S. sample, we find an inverse association between CSR engagement and the proxies of informa...

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Bibliographic Details
Published in:	Journal of business ethics Vol. 148; no. 3; pp. 549 - 572
Main Authors:	Cui, Jinhua, Jo, Hoje, Na, Haejung
Format:	Journal Article
Language:	English
Published:	Dordrecht Springer 01.03.2018 Springer Netherlands Springer Nature B.V
Subjects:	Asymmetric information Asymmetry Business and Management Business Ethics Corporate responsibility Education Endogenous Ethics Generalized method of moments High risk Information Management Philosophy Quality of Life Research Reputation management Reputations Risk Social responsibility Studies United States > US Firm risk Information environment Corporate social responsibility Information asymmetry Reputation building
ISSN:	0167-4544, 1573-0697
Online Access:	Get full text
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