 Corporate social responsibility and corporate investments: does research and development intensity matter?Sari Rahmadhani, Faisal Faisal, Corina Joseph and Indira Januarti Cogent Business & Management, 2024, vol. 11, issue 1, 2375618 Abstract: The objective of the study is to investigate the relationship between corporate social and environmental responsibility expenditure, research and development (R&D) intensity, and corporate investment in 47 basic industrial and chemical companies listed on the Indonesian Stock Exchange from 2015 to 2019. The study found a positive correlation between corporate social and environmental responsibility expenditure and R&D intensity and that R&D intensity fully mediates the relationship between corporate social and environmental responsibility expenditure and corporate investment. The results suggest that R&D intensity is crucial in enhancing corporate investment performance. This study contributes to the literature on corporate social and environmental responsibility expenditure, R&D intensity, and investment in emerging markets by providing empirical evidence that R&D intensity plays a key role in boosting corporate investment. Date: 2024 Downloads: (external link) Related works: Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text Persistent link: https://EconPapers.repec.org/RePEc:taf:oabmxx:v:11:y:2024:i:1:p:2375618 Ordering information: This journal article can be ordered from DOI: 10.1080/23311975.2024.2375618 Access Statistics for this article Cogent Business & Management is currently edited by Len Tiu Wright and Tahir Nisar More articles in Cogent Business & Management from Taylor & Francis Journals |
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