Rights:
Atribución-NoComercial-SinDerivadas 3.0 España
Abstract:
This Doctoral Thesis includes three empirical essays on financial reporting quality and corporate social responsibility. In chapter one we examine a set of CSR-disasters and argue that stakeholders become more critical of CSR performance in industries affectedThis Doctoral Thesis includes three empirical essays on financial reporting quality and corporate social responsibility. In chapter one we examine a set of CSR-disasters and argue that stakeholders become more critical of CSR performance in industries affected by the disasters. Our setting allows us to study whether socially enforced increases in CSR performance create sufficient improvements in firms' corporate culture to positively affect financial reporting quality. In chapter two we study the consequences of missing analyst forecasts for CSR and non-CSR firms. Finally, in chapter three I study heterogeneous CSR strategies in firms that have the same CSR performance and its consequences.[+][-]