This article examines the effects on cost stickiness of firms' involvement in corporate social responsibility (CSR) activities. Cost stickiness represents asymmetric cost behavior whereby the magnitude of cost increases in response to an increase in the activity level is greater than the...

We examine whether regional social capital has any impact on idiosyncratic return volatility. Using US data, we find that firms headquartered in high social capital counties exhibit significantly lower idiosyncratic return volatility. This effect is more pronounced in the presence of financial...

In this systematic literature review we synthesize the empirical archival research on the consequences of local social norms (i.e. social capital, religiosity, gambling, and corruption) on accounting, finance, and corporate governance outcomes in an international setting. This review focuses on...