• Publications
  • Influence
Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility
This study investigates the effects of internal and external corporate governance and monitoring mechanisms on the choice of corporate social responsibility (CSR) engagement and the value of firmsExpand
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The Impact of Security Analysts' Monitoring and Marketing Functions on the Market Value of Firms
In this study, we examine the impact of security analysts' monitoring and marketing functions on firms' market value. We postulate that security analysts' monitoring of corporate performance helpsExpand
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The Causal Effect of Corporate Governance on Corporate Social Responsibility
In this article, we examine the empirical association between corporate governance (CG) and corporate social responsibility (CSR) engagement by investigating their causal effects. Employing a largeExpand
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Corporate Governance and CSR Nexus
Some argue that managers over-invest in corporate social responsibility (CSR) activities to build their personal reputations as good global citizens. Others claim that CEOs strategically choose CSRExpand
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Does CSR Reduce Firm Risk? Evidence from Controversial Industry Sectors
In this paper, we examine the relation between corporate social responsibility (CSR) and firm risk in controversial industry sectors. We develop and test two competing hypotheses of risk reductionExpand
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Doing Well While Doing Bad? CSR in Controversial Industry Sectors
In this article, we examine the empirical association between firm value and CSR engagement for firms in sinful industries, such as tobacco, gambling, and alcohol, as well as industries involved withExpand
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Disclosure frequency and earnings management
Using a sample of seasoned equity offerings (SEOs), we examine the relation between disclosure frequency and earnings management and the impact of this relation on SEOs' post-issue performance. WeExpand
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Vice or Virtue? The Impact of Corporate Social Responsibility on Executive Compensation
We empirically examine the impact of corporate social responsibility (CSR) on CEO compensation using a large sample of the US firms from 1996 to 2010. We develop and test two hypotheses, theExpand
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Corporate Environmental Responsibility and Firm Risk
In this study, we examine the relation between corporate environmental responsibility (CER) and risk in U.S. public firms. We develop and test the risk-reduction, resource-constraint, andExpand
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Legal vs. Normative CSR: Differential Impact on Analyst Dispersion, Stock Return Volatility, Cost of Capital, and Firm Value
This study examines how the sell-side analysts interpret firms’ corporate social responsibility (CSR) activities. Specifically, we examine the differential impact of overall, legal, and normative CSRExpand
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