The Side Effect of Political Standing: Corporate Activism and Its Impact on Stock Returns

The Side Effect of Political Standing: Corporate Activism and Its Impact on Stock Returns

Taking sides on controversial political issues such as gun control, abortion, immigration, or diversity is increasingly common among large companies. What remains unclear, however, is whether this type of strategy—known as “corporate activism”—has positive or negative effects on these companies. The...

Full description

Bibliographic Details
Main Authors:	Teresa Pintado Blanco, Carlota López-Aza, Joaquín Sánchez, Pablo Gutiérrez‐Rodríguez
Format:	Article
Language:	English
Published:	Cogitatio 2023-05-01
Series:	Politics and Governance
Subjects:	corporate activism corporate social advocacy corporate social responsibility firm value
Online Access:	https://www.cogitatiopress.com/politicsandgovernance/article/view/6306

Similar Items

Examining the Case of DICK’s Sporting Goods: Realignment of Stakeholders through Corporate Social Advocacy
by: Barbara Miller Gaither, et al.
Published: (2018-09-01)

THE ROLE OF CORPORATE VALUES TO CORPORATE SOCIAL RESPONSIBILITY AND DIVIDEND POLICIES THAT AFFECT STOCK RETURNS
by: Noviyah N.M.R.
Published: (2019-03-01)

THE ROLE OF PROFITABILITY IN MEDIATING INFLUENCES GOOD CORPORATE GOVERNANCE, BUSINESS RISK, CORPORATE SOCIAL RESPONSIBILITY AND FIRM VALUE OF BANKING COMPANIES LISTED IN INDONESIA STOCK EXCHANGE
by: Purbawangsa I.B.A., et al.
Published: (2019-09-01)

The Mediating Role of Corporate Image on the Relationship between Corporate Social Responsibility and Firm Performance: An Empirical Study
by: Mohammed Alamgir, et al.
Published: (2017-10-01)

Corporate Social Responsibility, Good Corporate Governance, dan Nilai Perusahaan: Kinerja Keuangan sebagai Mediator
by: Rian Surachmad, et al.
Published: (2020-11-01)

THE INFLUENCE OF CORPORATE SOCIAL RESPONSIBILITY AND GOOD CORPORATE GOVERNANCE ON FIRM VALUE WITH FINANCIAL PERFORMANCE AS MODERATING VARIABLES
by: Pinatih M.W.K., et al.
Published: (2021-08-01)

Analysis of the Relationship Between Corporate Social Responsibility and Good Corporate Governance on Fee Audit and Firm Value
by: Retno Cahyaningati, et al.
Published: (2022-03-01)

Rippling effect of corporate governance and corporate social responsibility synergy on firm performance: The mediating role of corporate image
by: Klenam Korbla Ledi, et al.
Published: (2023-12-01)

The Impact of Corporate Social Responsibility and Corporate Governance on Firm Performance: A Study of ESG Quality 45 IDX-KEHATI
by: Fendy Cuandra, et al.
Published: (2023-12-01)

THE EFFECT OF GREEN ACCOUNTING IMPLEMENTATION AND CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE ON FIRM VALUE WITH GOOD CORPORATE GOVERNANCE AS A MODERATING VARIABLE
by: Sari C.P., et al.
Published: (2023-11-01)

Managerial ownership and firm value: The role of corporate social responsibility
by: Luluk M. Ifada, et al.
Published: (2021-12-01)

Firm's Characteristics, Corporate Governance Quality and Corporate Social Responsibility Disclosure
by: Mukhtaruddin Mukhtaruddin, et al.
Published: (2018-10-01)

Corporate Social Responsibility dan Struktur Kepemilikan Serta Perannya terhadap Nilai Perusahaan
by: Nurzanah Ma'rufa, et al.
Published: (2021-11-01)

The association between corporate social responsibility reporting and firm value for South African firms
by: Riana Horn, et al.
Published: (2018-08-01)

The impact of corporate governance on firms’ value in an emerging country: The mediating role of corporate social responsibility and organisational identification
by: Thanh Tiep Le, et al.
Published: (2022-12-01)

An Investigation of How Firm Size Affects Firm Value through Corporate Reputation
by: Fransiskus Eduardus Daromes, et al.
Published: (2022-04-01)

Corporate Social Responsibility disclosure and Indonesian firm value: The moderating effect of profitability and firm’s size
by: Puji Handayati, et al.
Published: (2022-09-01)

Analysis Of The Effect Of Financial Performance On Company Value With Corporate Social Responsibility And Good Corporate Governance Moderation
by: Eko Edy Susanto, et al.
Published: (2021-07-01)

Pengaruh Profitabilitas (ROA) dan Leverage (DER) Terhadap Nilai Perusahaan (Tobin’s Q) dengan Corporate Social Responsibility (CSR) Sebagai Variabel Intervening
by: Achmad Agus Yasin Fadli
Published: (2022-06-01)

Women In Moderating Corporate Social Responsibility
by: Happy Sista Devy, et al.
Published: (2021-06-01)

PENGARUH PENGELUARAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP REPUTASI PERUSAHAAN
by: Febri Luthfi Fadhila, et al.
Published: (2024-04-01)

The effect firm characteristic on corporate social responsibility disclosure in the firms listed in Indonesia Sharia Stock Index
by: Ahmad Rifani Irham, et al.
Published: (2018-12-01)

Ultra-Processed Profits: The Political Economy of Countering the Global Spread of Ultra-Processed Foods – A Synthesis Review on the Market and Political Practices of Transnational Food Corporations and Strategic Public Health Responses
by: Rob Moodie, et al.
Published: (2021-12-01)

The Effect Of Good Corporate Governance And Political Connection On Firm Value (Case Study On Manufacturing Companies Listed On The Indonesia Stock Exchange 2015-2020)
by: Mellia Fitriana, et al.
Published: (2023-01-01)

Nilai Perusahaan ditinjau dari aspek Manajemen Laba dan Pengungkapan Corporate Social Responsibility (CSR)
by: Nasrul Warid
Published: (2022-08-01)

Determinants of agricultural companies’ firm value listed on the Indonesia Stock Exchange
by: Valencia Valencia, et al.
Published: (2023-07-01)

PENGARUH PENGUNGKAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN DENGAN KEPEMILIKAN INSTITUSIONAL SEBAGAI VARIABEL MODERATING PADA PERUSAHAAN MANUFAKTUR YANG TERDAFTAR DI BEI
by: Jenny Puspita Halim, et al.
Published: (2020-07-01)

Corporate social responsibility disclosure and firm performance: Evidence from Vietnam
by: Ngoc Mai Tran, et al.
Published: (2022-07-01)

Corporate social responsibility, financial fraud, and firm's value in Indonesia and Malaysia
by: Tarjo Tarjo, et al.
Published: (2022-12-01)

Linking Corporate Social Responsibility with Reputation and Brand of the Firm
by: Jintao Lu, et al.
Published: (2019-05-01)

Corporate sustainability and shareholder return: A comparative study on the return of the shares that make up the B3 corporate sustainability index
by: Alessandra Godinho Serra, et al.
Published: (2023-03-01)

Simultaneous Relationship Between Ownership Structure, Corporate Governance, and Firm Value in Indonesia
by: Kim Sung Suk
Published: (2016-03-01)

The Moderating Role of Corporate Governance on The Relationship Between Tax Avoidance and Firm Value
by: Shelly Eka P. Budiman, et al.
Published: (2021-08-01)

Corporate Governance, Environmental Responsibility and Firm Value: An Empirical Study in Indonesia and Malaysia
by: Rintan Nuzul Ainy, et al.
Published: (2019-04-01)

The role of corporate governance and reputation in the disclosure of corporate social responsibility and firm performance
by: Faiza Siddiqui, et al.
Published: (2023-05-01)

Influence of ecological protection on the corporate image of oil and gas firms in Nigeria
by: Deborah Bolanle Motilewa, et al.
Published: (2019-01-01)

Implementation of the Corporate Governance and Index Value of Manufacturing Companies in Stock Exchanges (Case Study in Indonesia)
by: Tutik Arniati
Published: (2019-04-01)

Does firm value matter for corporate disclosure? A study of Covid-19-related disclosure by Vietnamese listed firms
by: Hoàng Thị Thanh Thanh, et al.
Published: (2023-08-01)

Corporate social responsibility in the context of sport in Azerbaijan
by: Namig MIRZAYEV
Published: (2023-07-01)

The Relation between Corporate Governance and Firm Value in Tehran Stock Exchange
by: A. Modarres, et al.
Published: (2008-09-01)