EconPapers    
Economics at your fingertips  
 

Cross-listing and CSR performance: evidence from AH shares

Haina Shi (), Xin Zhang () and Jing Zhou ()
Additional contact information
Haina Shi: Fudan University
Xin Zhang: Fudan University
Jing Zhou: Shanghai University

Frontiers of Business Research in China, 2018, vol. 12, issue 1, 1-15

Abstract: Abstract This study investigates the association between corporate social responsibility (CSR) performance and cross-listing. In a clean setting where a change in CSR performance can be attributed to the cross-listing, we find a statistically significant and economically meaningful increase in CSR performance for the cross-listed firms. Moreover, such an increase comes mostly in technical CSR, which targets the firms’ primary stakeholders. We also find that the positive association between cross-listing and CSR improvements is more pronounced for firms with weak corporate governance. The results hold under a variety of different robustness checks.

Keywords: Corporate social responsibility (CSR); Cross-listing; Bonding; Emerging markets; Corporate governance; Institutional CSR; CRS performance; Technical CRS (search for similar items in EconPapers)
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (12)

Downloads: (external link)
http://link.springer.com/10.1186/s11782-018-0032-z Abstract (text/html)
Access to the full text of the articles in this series is restricted.

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:spr:fobric:v:12:y:2018:i:1:d:10.1186_s11782-018-0032-z

Ordering information: This journal article can be ordered from
https://fbr.springeropen.com/

DOI: 10.1186/s11782-018-0032-z

Access Statistics for this article

Frontiers of Business Research in China is currently edited by Jiye Mao, Ziliang Deng and Steven Shuye Wang

More articles in Frontiers of Business Research in China from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().

 
Page updated 2025-03-20
Handle: RePEc:spr:fobric:v:12:y:2018:i:1:d:10.1186_s11782-018-0032-z