Agcayazi, Busra; Lonare, Gunratan; Tuncez, Ahmet M. - 2023
This paper delves into the primary association between corporate social responsibility (CSR) and hedging strategies. By … employing textual analysis of 10-K filings to measure corporate hedging, we demonstrate that firms with higher levels of CSR are … more inclined to engage in hedging practices and with greater intensity. We also show that a reduction in cash flow …