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...

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Bibliographic Details
Main Authors: Kung-Cheng Ho, Hui-Min Li, Yujing Gong
Format: Article
Language:English
Published: Elsevier 2022-05-01
Series:Borsa Istanbul Review
Subjects:
Online Access:http://www.sciencedirect.com/science/article/pii/S2214845021000740