Journal article

Impact of corporate social responsibility dimensions on firm value: some evidence from Hong Kong and China

PJ Singh, K Sethuraman, JY Lam

Sustainability | MDPI AG | Published : 2017

Abstract

© 2017 by the authors. Licensee MDPI, Basel, Switzerland. There has been significant interest and debate on the impact that a firm's investments in corporate social responsibility (CSR) practices and initiatives have on its market value. In this paper, we target an area that is relatively under-researched: the relevance of CSR practices and initiatives for firms in the emerging economic region of mainland China and Hong Kong, where market development and the institutional environment lag that of developed economies. Using independent CSR assessment data on a sample of large mainland Chinese and Hong Kong firms listed on the Hong Kong Stock Exchange, we evaluate the impact of six CSR dimensio..

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