Open Access Repository

Corporate social responsibility performance, financial distress and firm life cycle: evidence from Australia

Al Hadi, A, Chatterjee, B ORCID: 0000-0003-0504-8858, Yaftian, A, Taylor, G and Hasan, MM 2019 , 'Corporate social responsibility performance, financial distress and firm life cycle: evidence from Australia' , Accounting and Finance, vol. 59, no. 2019 , 961–989 , doi: 10.1111/acfi.12277.

Full text not available from this repository.

Abstract

This study examines the association between corporate social responsibility(CSR) performance and financial distress and additionally the moderatingimpact of firm life cycle stages on that association. Based on a sample of 651publicly listed Australian firm-years’ data covering the 2007–2013 period, ourregression results show that positive CSR activity significantly reduces financialdistress of the firm. In addition, the negative association between positive CSRperformance and financial distress is more pronounced for firms in mature lifecycle stages. Our results are robust to alternative proxy measures of financialdistress, CSR performance and life cycle stages

Item Type: Article
Authors/Creators:Al Hadi, A and Chatterjee, B and Yaftian, A and Taylor, G and Hasan, MM
Keywords: corporate social responsibility, financial distress, corporate life cycle
Journal or Publication Title: Accounting and Finance
Publisher: Wiley-Blackwell Publishing Ltd
ISSN: 1467-629X
DOI / ID Number: 10.1111/acfi.12277
Copyright Information:

© 2017 AFAANZ

Item Statistics: View statistics for this item

Actions (login required)

Item Control Page Item Control Page
TOP