File Download

There are no files associated with this item.

  Links for fulltext
     (May Require Subscription)
Supplementary

Conference Paper: Measuring Csr By Aim, Approach And Action: The Impact On Accounting And Market Performance In China

TitleMeasuring Csr By Aim, Approach And Action: The Impact On Accounting And Market Performance In China
Authors
Issue Date2020
PublisherAcademy of Management. The Journal's web site is located at https://journals.aom.org/journal/amproc
Citation
The 80th Annual Meeting of the Academy of Management: 20/20: Broadening Our Sight, Virutal Meeting, 7-11 August 2020. In Academy of Management Annual Meeting Proceedings, 2020, v. 20 n. 1 How to Cite?
AbstractWe adopt a new model called SDV (Sustainable Development Value), built upon 3A (Aim, Approach, and Action) as a strategic management process to measure CSR. We explore the CSR-CFP relationship by distinguishing accounting performance (return on assets) and market performance (risk-adjusted return on stock). Regression results from 1,245 observations of large listed companies in China from 2014 - 2019 prove that SDV has a significant positive relationship with accounting performance but no significant relationship with market performance when controlling for factors like company size and industry. However, if we divide SDV into three groups of 415 (with low, middle and high SDV), the t-test demonstrates the high SDV group has the highest market performance. The contradictory results indicate different mechanisms of CSR-CFP relationship with regards to accounting and market performance, which are further explained by the 3A model.
DescriptionCSR and Firm Performance/Value (session 967)
Persistent Identifierhttp://hdl.handle.net/10722/287339
ISSN

 

DC FieldValueLanguage
dc.contributor.authorLu, K-
dc.contributor.authorWang, R-
dc.date.accessioned2020-09-22T02:59:33Z-
dc.date.available2020-09-22T02:59:33Z-
dc.date.issued2020-
dc.identifier.citationThe 80th Annual Meeting of the Academy of Management: 20/20: Broadening Our Sight, Virutal Meeting, 7-11 August 2020. In Academy of Management Annual Meeting Proceedings, 2020, v. 20 n. 1-
dc.identifier.issn2151-6561-
dc.identifier.urihttp://hdl.handle.net/10722/287339-
dc.descriptionCSR and Firm Performance/Value (session 967)-
dc.description.abstractWe adopt a new model called SDV (Sustainable Development Value), built upon 3A (Aim, Approach, and Action) as a strategic management process to measure CSR. We explore the CSR-CFP relationship by distinguishing accounting performance (return on assets) and market performance (risk-adjusted return on stock). Regression results from 1,245 observations of large listed companies in China from 2014 - 2019 prove that SDV has a significant positive relationship with accounting performance but no significant relationship with market performance when controlling for factors like company size and industry. However, if we divide SDV into three groups of 415 (with low, middle and high SDV), the t-test demonstrates the high SDV group has the highest market performance. The contradictory results indicate different mechanisms of CSR-CFP relationship with regards to accounting and market performance, which are further explained by the 3A model.-
dc.languageeng-
dc.publisherAcademy of Management. The Journal's web site is located at https://journals.aom.org/journal/amproc-
dc.relation.ispartofAcademy of Management Proceedings-
dc.titleMeasuring Csr By Aim, Approach And Action: The Impact On Accounting And Market Performance In China-
dc.typeConference_Paper-
dc.identifier.doi10.5465/AMBPP.2020.21466abstract-
dc.identifier.hkuros314372-
dc.identifier.volume20-
dc.identifier.issue1-
dc.publisher.placeUnited States-

Export via OAI-PMH Interface in XML Formats


OR


Export to Other Non-XML Formats