Corporate social responsibility and corporate disclosures : an investigation of investors’ and analysts’ perceptions

• Main Authors: Koh, Kevin Whee Ling, Tong, Yen Hee, Hsu, Audrey, Liu, Sophia
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2019
• Subjects: Managerial Ethics; Business::Operations management::Business ethics; Corporate Social Responsibility
• Online Access: https://hdl.handle.net/10356/90315; http://hdl.handle.net/10220/50474
• Institution: Nanyang Technological University

We conjecture that corporate social responsibility (CSR) can be indicative of managerial ethics and integrity and examine whether equity investors and financial analysts consider CSR performance when they assess firms’ disclosures of actual and forecasted earnings. We find that only adverse CSR perf...