The voice of minority shareholders: Online voting and corporate social responsibility
Tài liệu tham khảo
Andreou, 2016, Corporate governance and firm-specific stock price crashes, Eur. Financ. Manage., 22, 916, 10.1111/eufm.12084
Ashbaugh-Skaife, 2009, The effect of SOX internal control deficiencies on firm risk and cost of equity, J. Account. Res., 47, 1, 10.1111/j.1475-679X.2008.00315.x
Bainbridge, 2006, Director primacy and shareholder disempowerment, Harv. Law Rev., 119, 1735
Barako, 2006, Factors influencing voluntary corporate disclosure by Kenyan companies, Corp. Gov. Int. Rev., 14, 107, 10.1111/j.1467-8683.2006.00491.x
Bebchuk, 2005, The case for increasing shareholder power, Harv. Law Rev., 118, 835
Berkman, 2010, Political connections and minority-shareholder protection: evidence from securities-market regulation in China, J. Financ. Quant. Anal., 45, 1391, 10.1017/S0022109010000608
Bertrand, 2003, Enjoying the quiet life? Corporate governance and managerial preferences, J. Polit. Econ., 111, 1043, 10.1086/376950
Bharath, 2013, Exit as governance: an empirical analysis, J. Finance, 68, 2515, 10.1111/jofi.12073
Biddle, 2006, Accounting quality and firm-level capital investment, Account. Rev., 81, 963, 10.2308/accr.2006.81.5.963
Boubaker, 2018, Product market competition and debt choice, J. Corp. Financ., 49, 204, 10.1016/j.jcorpfin.2018.01.007
Brammer, 2015, Corporate social responsibility, employee organizational identification, and creative effort: the moderating impact of corporate ability, Group Organ. Manage., 40, 323, 10.1177/1059601114562246
Brandt, 2003, Bank discrimination in transition economies: ideology, information, or incentives?, J. Comp. Econ., 31, 387, 10.1016/S0147-5967(03)00080-5
Bushman, 2004, What determines corporate transparency?, J. Account. Res., 42, 207, 10.1111/j.1475-679X.2004.00136.x
Callen, 2013, Institutional investor stability and crash risk: Monitoring versus short-termism?, J. Bank. Financ., 37, 3047, 10.1016/j.jbankfin.2013.02.018
Campello, 2015, Enlarging the contracting space: collateral menus, access to credit, and economic activity, Rev. Financ. Stud., 29, 349, 10.1093/rfs/hhv069
Carmelo, 2009, Determinants of corporate social responsibility disclosure ratings by Spanish listed firms, J. Bus. Ethics, 88, 351
Chen, 2020, What is driving corporate social and environmental responsibility in China? An evaluation of legacy effects, organizational characteristics, and transnational pressures, Geoforum, 110, 116, 10.1016/j.geoforum.2020.02.004
Chen, 2013, Minority shareholders’ control rights and the quality of corporate decisions in weak investor protection countries: a natural experiment from china, Account. Rev., 88, 1211, 10.2308/accr-50424
Chen, 2018, Does crackdown on corruption reduce stock price crash risk? Evidence from China, J. Corp. Financ., 51, 125, 10.1016/j.jcorpfin.2018.05.005
Cheng, 2015, Does investment efficiency improve after the disclosure of material weaknesses in internal control over financial reporting?, J. Account. Econ., 56, 1, 10.1016/j.jacceco.2013.03.001
Cheng, 2020, Raising short-term debt for long-term investment and stock price crash risk: evidence from China, Financ. Res. Lett., 33, 10.1016/j.frl.2019.05.018
Cheng, 2021, Does retail investor attention improve stock liquidity? A dynamic perspective, Econ. Model., 94, 170, 10.1016/j.econmod.2020.10.001
Cheong, 2017, Reactive or proactive? Investor sentiment as a driver of corporate social responsibility, Res. Int. Bus. Financ., 42, 572, 10.1016/j.ribaf.2017.07.002
Claessens, 2002, Disentangling the incentive and entrenchment effects of large shareholdings, J. Finance, 57, 2741, 10.1111/1540-6261.00511
Clarkson, 1995, A stakeholder framework for analyzing and evaluating corporate social performance, Acad. ManagE. Rev., 20, 92, 10.2307/258888
Cormier, 2001, An examination of social and environmental reporting strategies. Accounting, Account. Audit. Account. J., 14, 587, 10.1108/EUM0000000006264
Cox, 2004, An empirical examination of institutional investor preferences for corporate social performance, J. Bus. Ethics, 52, 27, 10.1023/B:BUSI.0000033105.77051.9d
Crisostomo, 2020, Large shareholders’ power and the quality of corporate governance: an analysis of Brazilian firms, Res. Int. Bus. Financ., 51, 10.1016/j.ribaf.2019.101076
Dang, 2018, Corporate debt maturity and stock price crash risk, Eur. Financ. Manage., 24, 451, 10.1111/eufm.12134
Debreceny, 2005, Firm-specific determinants of continuous corporate disclosures, Int. J. Account., 40, 249, 10.1016/j.intacc.2005.06.002
Dhaliwal, 2011, Internal control disclosures, monitoring, and the cost of debt, Account. Rev., 86, 1131, 10.2308/accr-10043
Djankov, 2008, The law and economics of self-dealing, J. financ. econ., 88, 430, 10.1016/j.jfineco.2007.02.007
Dolinsek, 2014, The determinants of internet financial reporting in Slovenia, Online Inf. Rev., 38, 842, 10.1108/OIR-02-2014-0025
Ducassy, 2015, Corporate social performance, ownership structure, and corporate governance in France, Res. Int. Bus. Financ., 34, 383, 10.1016/j.ribaf.2015.02.002
Duchin, 2013, Divisional managers and internal capital markets, J. Finance, 68, 387, 10.1111/jofi.12003
Eng, 2003, Corporate governance and voluntary disclosure, J. Account. Public Policy, 22, 325, 10.1016/S0278-4254(03)00037-1
Falck, 2007, Corporate social responsibility: doing well by doing good, Bus. Horiz., 50, 247, 10.1016/j.bushor.2006.12.002
Fama, 1980, Agency problems and the theory of the firm, J. Polit. Econ., 88, 288, 10.1086/260866
Gao, 2020, Responsible investment in the Chinese stock market, Res. Int. Bus. Financ., 52, 10.1016/j.ribaf.2019.101173
Garcia-Sanchez, 2019, An empirical analysis of the complementarities and substitutions between effects of CEO ability and corporate governance on socially responsible performance, J. Clean. Prod., 215, 1288, 10.1016/j.jclepro.2019.01.130
Grossman, 1980, Takeover bids, the free-rider problem, and the theory of the corporation, Bell. J. Econ., 11, 42, 10.2307/3003400
Haleblian, 1993, Top management team size, CEO dominance, and firm performance: the moderating roles of environmental turbulence and discretion, Acad. Manage. J., 36, 844, 10.2307/256761
Hamdani, 2013, Institutional investors as minority shareholders, Rev. Financ., 17, 691, 10.1093/rof/rfr039
Haniffa, 2002, Culture, corporate governance, and disclosure in Malaysian corporations, Abacus, 38, 317, 10.1111/1467-6281.00112
Harjoto, 2015, Board diversity and corporate social responsibility, J. Bus. Ethics, 132, 641, 10.1007/s10551-014-2343-0
Hass, 2016, Equity incentives and corporate fraud in China, J. Bus. Ethics, 138, 723, 10.1007/s10551-015-2774-2
He, 2016, Moral identity centrality and cause-related marketing: the moderating effects of brand social responsibility image and emotional brand attachment, Eur. J. Mark., 50, 236, 10.1108/EJM-10-2014-0613
Herman, 2013, What we know and do not know about corporate social responsibility: a Review, J. Manage., 38, 932
Hu, 2018, Governance effects of minority shareholders under the Internet environment: from a perspective of agency cost (in Chinese), J. Financ. Econ., 44, 109
Huson, 1997, Does governance matter? Evidence from CalPERS interventions, J. Finance, 51, 227
Hutton, 2009, Opaque financial reports, R2, and crash risk, J. financ. econ., 94, 67, 10.1016/j.jfineco.2008.10.003
Jiang, 2015, Corporate governance in China: a modern perspective, J. Corp. Financ., 32, 190, 10.1016/j.jcorpfin.2014.10.010
Jiang, 2010, Tunneling through intercorporate loans: the China experience, J. financ. econ., 98, 1, 10.1016/j.jfineco.2010.05.002
Johnson, 2000, Tunneling, Am. Econ. Rev., 90, 22, 10.1257/aer.90.2.22
Johnstone, 2011, Changes in corporate governance associated with the revelation of internal control material weaknesses and their subsequent remediation, Contemp. Account. Res., 28, 331, 10.1111/j.1911-3846.2010.01037.x
Ke, 2015, The effect of China’s weak institutional environment on the quality of Big 4 audits, Account. Rev., 90, 1591, 10.2308/accr-50943
Khan, 2013, Corporate governance and corporate social responsibility disclosures: evidence from an emerging economy, J. Bus. Ethics, 114, 207, 10.1007/s10551-012-1336-0
Kim, 2001, The relation among disclosure, returns, and trading volume information, Account. Rev., 76, 633, 10.2308/accr.2001.76.4.633
Kim, 2011, Corporate tax avoidance and stock price crash risk: firm-level analysis, J. financ. econ., 99, 639, 10.1016/j.jfineco.2010.07.007
Kim, 2016
Kim, 2018, Stakeholder influence, institutional duality, and CSR involvement of MNC subsidiaries, J. Bus. Res., 91, 40, 10.1016/j.jbusres.2018.05.044
La Porta, 2002, Investor protection and corporate valuation, J. Finance, 57, 1147, 10.1111/1540-6261.00457
Liao, 2019, Transboundary, information disclosure and analyst forecast (in Chinese), System Eng. Theory & Practice, 39, 330
Liu, 2014, Can external monitoring affect corporate financial reporting and disclosure? Evidence from earnings and expectations management, Account. Horiz., 28, 529, 10.2308/acch-50771
Liu, 2016, Corruption culture and corporate misconduct, J. financ. econ., 122, 307, 10.1016/j.jfineco.2016.06.005
Mackey, 2007, Corporate social responsibility and firm performance: investor preferences and corporate strategies, Acad. Manag. Rev., 32, 817, 10.5465/amr.2007.25275676
Mcguinness, 2017, The role of board gender and foreign ownership in the CSR performance of Chinese listed firms, J. Corp. Financ., 42, 75, 10.1016/j.jcorpfin.2016.11.001
McWilliams, 2001, Corporate social responsibility: a theory of the firm perspective, Acad. Manage. Rev., 26, 117, 10.2307/259398
Meng, 2013, From voluntarism to regulation: a study on ownership, economic performance, and corporate environmental information disclosure in China, J. Bus. Ethics, 116, 217, 10.1007/s10551-012-1462-8
Oh, 2011, The effect of ownership structure on corporate social responsibility: empirical evidence from Korea, J. Bus. Ethics, 104, 283, 10.1007/s10551-011-0912-z
Pan, 2014, Relationship between corporate social responsibility and financial performance in the mineral industry: evidence from Chinese mineral firms, Sustainability, 6, 4077, 10.3390/su6074077
Pinnuck, 2007, Profits versus losses: Does reporting an accounting loss act as a heuristic trigger to exercise the abandonment option and divest employees?, Account. Rev., 82, 1031, 10.2308/accr.2007.82.4.1031
Piotroski, 2015, Political incentives to suppress negative financial information: evidence from state-controlled Chinese firms, J. Accounting Rev., 53, 401
Rashid, 2020, CEO power and corporate social responsibility (CSR) disclosure: does stakeholder influence matter?, Manage. Audit. J., 35, 1279, 10.1108/MAJ-11-2019-2463
Rhou, 2016, CSR and financial performance: the role of CSR awareness in the restaurant industry, Int. J. Hosp. Manage., 57, 30, 10.1016/j.ijhm.2016.05.007
Rim, 2016, How negative becomes less negative: understanding the effects of comment valence and response sidedness in social media, J. Commun., 66, 475, 10.1111/jcom.12205
Shaukat, 2016, Board attributes, corporate social responsibility strategy, and corporate environmental and social performance, J. Bus. Ethics, 135, 569, 10.1007/s10551-014-2460-9
Shleifer, 1997, A survey of corporate governance, J. Finance, 52, 737, 10.1111/j.1540-6261.1997.tb04820.x
Smith, 1996, Shareholder activism by institutional investors: evidence from CalPERS, J. Finance, 51, 227, 10.1111/j.1540-6261.1996.tb05208.x
Tagesson, 2010, What explains the extent and content of social and environmental disclosures on corporate websites: a study of social and environmental reporting in Swedish listed corporations, Corp. Soc. Responsib. Environ. Manage., 16, 352, 10.1002/csr.194
Vig, 2013, Access to collateral and corporate debt structure: evidence from a natural experiment, J. Finance, 68, 881, 10.1111/jofi.12020
Waldman, 2008, Defining the socially responsible leader, Leadersh. Q., 19, 117, 10.1016/j.leaqua.2007.12.008
Wang, 2018, Ownership, institutions and firm value: cross-provincial evidence from China, Res. Int. Bus. Financ., 44, 547, 10.1016/j.ribaf.2017.07.125
Wang, 2018, Political embeddedness and the diffusion of corporate social responsibility practices in China: A trade-off between financial and CSR performance?, J. Clean. Prod., 198, 1185, 10.1016/j.jclepro.2018.07.116
Xu, 2014, Excess perks and stock price crash risk: evidence from China, J. Corp. Financ., 25, 419, 10.1016/j.jcorpfin.2014.01.006
Yang, 2017, Do peer firms affect firm corporate social responsibility?, Sustainability, 9, 1967, 10.3390/su9111967
Yao, 2019, Idiosyncratic skewness, gambling preference, and cross-section of stock returns: evidence from China, Pacific-basin Financ. J., 53, 464, 10.1016/j.pacfin.2019.01.002
Yasser, 2017, Corporate social responsibility and gender diversity: insights from Asia-Pacific, Corp. Soc. Responsib. Environ. Manage., 24, 210, 10.1002/csr.1400
Yuan, 2016, Directors’ and officers’ liability insurance and stock price crash risk, J. Corp. Financ., 37, 173, 10.1016/j.jcorpfin.2015.12.015
Zu, 2009, Determinants of managerial values on corporate social responsibility: evidence from China, J. Bus. Ethics, 88, 105, 10.1007/s10551-008-9828-7