Garel, Alexandre; Tourani Rad, Alireza; Xu, Shengze - In: Journal of risk and financial management : JRFM 15 (2022) 3, pp. 1-18
In this paper, we investigate whether a firm’s Corporate Social Responsibility initiatives could affect its financial performance. We specifically investigate the firm’s capital allocation efficiency as a moderating channel affecting their performance. We employ a comprehensive sample of...
