Stakeholder preservation or appropriation? The influence of target CSR on market reactions to acquisition announcements
This study examines how target corporate social responsibility (CSR) affects the economic gains for acquirers, as reflected in market reaction to acquisition announcement, from two distinct perspectives: stakeholder preservation versus stakeholder appropriation. The stakeholder preservation perspect...
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Main Authors: | TONG, Li, WANG, Heli, XIA, Jun |
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Format: | text |
Language: | English |
Published: |
Institutional Knowledge at Singapore Management University
2020
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Subjects: | |
Online Access: | https://ink.library.smu.edu.sg/lkcsb_research/6513 https://ink.library.smu.edu.sg/context/lkcsb_research/article/7512/viewcontent/Stakeholder_preservation_pv.pdf |
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Institution: | Singapore Management University |
Language: | English |
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