Corporate social responsibility (CSR) practices by SIN firms

Zenu Sharma and Liang Song

Asian Review of Accounting, 2018, vol. 26, issue 3, 359-372

Abstract: Purpose - The purpose of this paper is to examine corporate social responsibility (CSR) practices of SIN firms. SIN firms are firms from controversial sectors such as tobacco, alcohol, gambling and firearms. Design/methodology/approach - This paper explains contrasts CSR practices of SIN firms with similar size and industry non-SIN counterparts. Findings - This paper shows that SIN firms conduct more CSR practices than non-SIN firms. This paper also finds that CSR practices of SIN firms are value relevant only when these firms are performing below their peers. Originality/value - The motivation for SIN firms to engage in higher CSR is the competitive advantage hypothesis and not moral rebalancing.

Keywords: Corporate social responsibility; Firm value; SIN stocks; Nonfinancial disclosure; M41; M48 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (text/html)
https://www.emerald.com/insight/content/doi/10.110 ... d&utm_campaign=repec (application/pdf)
Access to full text is restricted to subscribers

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:eme:arapps:ara-06-2017-0102

DOI: 10.1108/ARA-06-2017-0102

Access Statistics for this article

Asian Review of Accounting is currently edited by Prof. Haiyan Zhou

More articles in Asian Review of Accounting from Emerald Group Publishing Limited
Bibliographic data for series maintained by Emerald Support ().