Chen, Hung-Yu; Lin, Ming-Chin; Lin, Zong-Han - In: Cogent economics & finance 12 (2024) 1, pp. 1-12
CSR activities enhance firm value remains a subject of debate. From the perspective of agency theory, high-CSR companies …. According to stakeholder theory, high-CSR companies face a positive relationship to financial performance and vament as a result … CSR activities bring a positive effect on firm value. Therefore, our evidence supports the stakeholder theory that high …