Corporate social performance, cost of capital and the ownership in Taiwanese advantage technology industry
2012 ◽
Vol 9
(3)
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pp. 195-203
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Keyword(s):
The Cost
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This study discusses how corporate social responsibility (CSR) affects firm’s cost of capital in Taiwan advantage technology industry including semiconductor and photoelectric industry in the Taiwan Stock Market with different ownership structure. We match sample by propensity matching method and analyze the relationship between corporate social performance (CSP) and the cost of capital. Our results show the CSP has negative significant effects with cost of capital under family-owned companies, but no significant effects with non-family-owned companies. This study further address how media reported CSR news affects both shareholders’ reaction and firm’s cost of capital.
2014 ◽
Vol 5
(12)
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pp. 2235-2245
2010 ◽
Vol 27
(4)
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pp. 320-334
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2013 ◽
Vol 24
(1)
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pp. 27-52
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2020 ◽
Vol ahead-of-print
(ahead-of-print)
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2001 ◽
Vol 32
(1)
◽
pp. 49-55
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2015 ◽
Vol 170
◽
pp. 445-456
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