How does corporate social performance affect investment inefficiency? An empirical study of China market
This study investigates the relationship between corporate social performance (CSP) and investment inefficiency in the Chinese stock market. Using the unique CSP ratings scores from the Rankins CSP Ratings (RKS), we find that socially responsible firms are more efficient in their investment. We furt...
Main Authors: | , , |
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Format: | Article |
Language: | English |
Published: |
Elsevier
2022-05-01
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Series: | Borsa Istanbul Review |
Subjects: | |
Online Access: | http://www.sciencedirect.com/science/article/pii/S2214845021000740 |