- Abdelbaky, A.; Liu, T.; Xu, M.; Shahzad, M.F.; Hassanein, A. Real Earnings Management and ESG Performance in China: The Mediating Role of Corporate Innovations. Int. J. Financ. Econ. 2024, 3074. [CrossRef]
Paper not yet in RePEc: Add citation now
- Adhikari, B.K. Causal effect of analyst following on corporate social responsibility. J. Corp. Financ. 2016, 41, 201â216. [CrossRef] Sustainability 2024, 16, 10938 32 of 33
Paper not yet in RePEc: Add citation now
- Alhajeri, N.S.; Donohoo, P.; Stillwell, A.S.; King, C.W.; Webster, M.D.; Webber, M.E.; Allen, D.T. Using market-based dispatching with environmental price signals to reduce emissions and water use at power plants in the Texas grid. Environ. Res. Lett. 2011, 6,
Paper not yet in RePEc: Add citation now
- Aluchna, M.; Roszkowska-Menkes, M.; KaminÌski, B.; Bosek-Rak, D. Do institutional investors encourage firm to social disclosure? The stakeholder salience perspective. J. Bus. Res. 2020, 142, 674â682. [CrossRef]
Paper not yet in RePEc: Add citation now
- Amihud, Y. Illiquidity and stock returns: Cross-section and time-series effect. J. Financ. Mark. 2002, 5, 31â56. [CrossRef]
Paper not yet in RePEc: Add citation now
- Amihud, Y.; Mendelson, H.; Lauterbach, B. Market microstructure and securities values: Evidence from the Tel Aviv Stock Exchange. J. Financ. Econ. 2002, 45, 365â390. [CrossRef]
Paper not yet in RePEc: Add citation now
- Andrew, T.F. Financial crises, unconventional monetary policy exit strategies, and agentsâ expectations. J. Monet. Econ. 2015, 76, 191â207.
Paper not yet in RePEc: Add citation now
- Ang, J.S.; Hsu, C.; Tang, D.; Wu, C. The Role of Social Media in Corporate Governance. Account. Rev. 2021, 96, 1â32. [CrossRef]
Paper not yet in RePEc: Add citation now
Avramov, D.; Cheng, S.; Lioui, A.; Tarelli, A. Sustainable investing with ESG rating uncertainty. J. Financ. Econ. 2022, 145, 642â664. [CrossRef]
- Baker, E.D.; Boulton, T.J.; Braga-Alves, M.V.; Morey, M.R. ESG government risk and international IPO underpricing. J. Corp. Financ. 2021, 67, 101913. [CrossRef]
Paper not yet in RePEc: Add citation now
Baldini, M.; Maso, L.D.; Liberatore, G.; Mazzi, F.; Terzani, S. Role of Country- and Firm-Level Determinants in Environmental, Social, and Governance Disclosure. J. Bus. Ethics 2018, 150, 79â98. [CrossRef]
Baloria, P.V.; Heese, J. The effects of media slant on firm behavior. J. Financ. Econ. 2018, 129, 184â202. [CrossRef]
- Barber, M.B.; Odean, T. All That Glitters: The Effect of Attention and News on the Buying Behavior of Individual and Institutional Investors. Rev. Financ. Stud. 2008, 21, 785â818. [CrossRef]
Paper not yet in RePEc: Add citation now
Barber, M.B.; Odean, T. Trading Is Hazardous to Your Wealth: The Common Stock Investment Performance of Individual Investors. J. Financ. 2000, 55, 773â806. [CrossRef]
- Bartov, E.; Faurel, L.; Mohanram, P. The Role of Social Media in the Corporate Bond Market: Evidence from Twitter. Manag. Sci. 2023, 69, 5638â5667. [CrossRef]
Paper not yet in RePEc: Add citation now
- Bartov, E.; Faurel, L.; Mohanram, P.S. Can Twitter Help Predict Firm-Level Earnings and Stock Returns? Account. Rev. 2018, 93, 25â57. [CrossRef]
Paper not yet in RePEc: Add citation now
- Bednar, M.K.; Love, E.G.; Kraatz, M. Paying the Price? The Impact of Controversial Governance Practices on Managerial Reputation. Acad. Manag. J. 2015, 58, 1740â1760. [CrossRef]
Paper not yet in RePEc: Add citation now
- Blankespoor, E. Understanding investor interaction with firm information: A discussion of Lee and Zhong. J. Account. Econ. 2022, 74, 101523. [CrossRef]
Paper not yet in RePEc: Add citation now
Blankespoor, E.; Dehaan, E.; Wertz, J.; Christina, Z. Why Do Individual Investors Disregard Accounting Information? The Roles of Information Awareness and Acquisition Costs. J. Account. Res. 2019, 57, 53â84. [CrossRef] Sustainability 2024, 16, 10938 33 of 33
Borghesi, R.; Houston, F.J.; Naranjo, A. Corporate socially responsible investments: CEO altruism, reputation, and shareholder interests. J. Corp. Financ. 2014, 26, 164â181. [CrossRef]
Boubakri, N.; El Ghoul, S.; Wang, H.; Guedhami, O.; Kwok, C.C.Y. Cross-listing and corporate social responsibility. J. Corp. Financ. 2016, 41, 123â138. [CrossRef]
Boulouta, I. Hidden Connections: The Link Between Board Gender Diversity and Corporate Social Performance. J. Bus. Ethics 2013, 113, 185â197. [CrossRef]
Bouteska, A.; Cardillo, G.; Harasheh, M. Is it all about noise? Investor sentiment and risk nexus: Evidence from China. Financ. Res. Lett. 2023, 57, 104197. [CrossRef]
- Bradshaw, M.T. Analyst Information Processing, Financial Regulation, and Academic Research. Account. Rev. 2009, 84, 1073â1083. [CrossRef]
Paper not yet in RePEc: Add citation now
- Brochet, F.; Loumioti, M.; Serafeim, G. Speaking of the short-term: Disclosure horizon and managerial myopia. Rev. Account. Stud. 2015, 20, 1122â1163. [CrossRef]
Paper not yet in RePEc: Add citation now
- Bu, L.; Chan, K.C.; Choi, A.; Zhou, G. Talented inside directors and corporate social responsibility: A tale of two roles. J. Corp. Financ. 2021, 70, 102044. [CrossRef]
Paper not yet in RePEc: Add citation now
- Bushee, B.J.; Jung, M.J.; Miller, G.S. Conference Presentations and the Disclosure Milieu. J. Account. Res. 2011, 49, 1163â1192. [CrossRef] Sustainability 2024, 16, 10938 31 of 33
Paper not yet in RePEc: Add citation now
Bushee, B.J.; Matsumoto, D.A.; Miller, G.S. Open versus closed conference calls: The determinants and effects of broadening access to disclosure. J. Account. Econ. 2003, 34, 149â180. [CrossRef]
- Campello, M.; Cortes, G.S.; dâAlmeida, F.; Kankanhalli, G. Exporting Uncertainty: The Impact of Brexit on Corporate America. J. Financ. Quant. Anal. 2022, 57, 3178â3222. [CrossRef]
Paper not yet in RePEc: Add citation now
Casavecchia, L.; Hulley, H. Are mutual fund investors paying for noise? Int. Rev. Financ. Anal. 2018, 58, 8â23. [CrossRef]
- Chandler, L. The impact of conventional and unconventional monetary policy on investor sentiment. J. Bank. Financ. 2015, 61, 89â105.
Paper not yet in RePEc: Add citation now
- Chen, H.; Fang, X.; Xiang, E.; Ji, X.; An, M. Do online media and investor attention affect corporate environmental information disclosure? Evidence from Chinese listed companies. Int. Rev. Econ. Financ. 2023, 86, 1022â1040. [CrossRef]
Paper not yet in RePEc: Add citation now
Chen, T.; Dong, H.; Lin, C. Institutional shareholders and corporate social responsibility. J. Financ. Econ. 2020, 135, 483â504. [CrossRef]
- Chen, Z.; Ke, B.; Yang, Z. Minority Shareholdersâ Control Rights and the Quality of Corporate Decisions in Weak Investor Protection Countries: A Natural Experiment from China. Account. Rev. 2013, 88, 1211â1238. [CrossRef]
Paper not yet in RePEc: Add citation now
Cheng, Z.; Chen, X.; Wen, H. How Does Environmental Protection Tax Affect Corporate Environmental Investment? Evidence from Chinese Listed Enterprises. Sustainability 2022, 14, 2932. [CrossRef]
- Christophe, S.E.; Hsieh, J.; Lee, H. Reputation and recency: How do aggressive short sellers assess ESG-Related Information? J. Bus. Res. 2024, 180, 114718. [CrossRef]
Paper not yet in RePEc: Add citation now
- Cortes, G.; Sethuraman, M.; Silva, F.B.G. Monetary Policy and Corporate Communication: Evidence from Conference Calls. SSRN 2023, 3798794. [CrossRef]
Paper not yet in RePEc: Add citation now
- Cortes, G.S.; Gao, G.P.; Silva, F.B.; Song, Z. Unconventional Monetary Policy and Disaster Risk: Evidence from the Subprime and COVID-19 Crises. J. Int. Money Financ. 2022, 122, 102543. [CrossRef]
Paper not yet in RePEc: Add citation now
- Dantas, M. Are ESG Funds More Transparent? SSRN 2021, 3269939. [CrossRef]
Paper not yet in RePEc: Add citation now
- Dhaliwal, D.S.; Li, O.Z.; Tsang, A.; Yang, Y.G. Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility Reporting. Account. Rev. 2011, 86, 59â100. [CrossRef]
Paper not yet in RePEc: Add citation now
- Dong, D.; Xu, B.; Shen, N.; He, Q. The Adverse Impact of Air Pollution on Chinaâs Economic Growth. Sustainability 2021, 16, 9056. [CrossRef]
Paper not yet in RePEc: Add citation now
- Drake, M.S.; Roulstone, D.T.; Thornock, J.R. Investor Information Demand: Evidence from Google Searches Around Earnings Announcements. J. Account. Res. 2012, 50, 1001â1040. [CrossRef] Disclaimer/Publisherâs Note: The statements, opinions and data contained in all publications are solely those of the individual author(s) and contributor(s) and not of MDPI and/or the editor(s). MDPI and/or the editor(s) disclaim responsibility for any injury to people or property resulting from any ideas, methods, instructions or products referred to in the content.
Paper not yet in RePEc: Add citation now
Drempetic, S.; Klein, C.; Zwergel, B. The Influence of Firm Size on the ESG Score: Corporate Sustainability Ratings Under Review. J. Bus. Ethics 2020, 167, 333â360. [CrossRef]
Dyck, A.; Lins, K.V.; Roth, L.; Wagner, H.F. Do institutional investors drive corporate social responsibility? International evidence. J. Financ. Econ. 2019, 131, 693â714. [CrossRef]
Dyck, A.; Volchkova, N.; Zingales, L. The Corporate Governance Role of the Media: Evidence from Russia. J. Financ. 2008, 63, 1093â1135. [CrossRef]
EI Ghoul, S.; Guedhami, O.; Kwok, C.C.; Mishra, D.R. Does Corporate Social Responsibility Affect the Cost of Capital? J. Bank. Financ. 2011, 35, 2388â2406. [CrossRef]
Elliott, W.B.; Grant, S.M.; Hodge, F.D. Negative News and Investor Trust: The Role of $Firm and #CEO Twitter Use. J. Account. Res. 2018, 56, 1483â1519.
Fama, E.F. Agency Problems and the Theory of the Firm. J. Political Econ. 1980, 88, 288â307. [CrossRef]
Feng, X.; Johansson, A.C. Top executives on social media and information in the capital market: Evidence from China. J. Corp. Financ. 2019, 58, 824â857. [CrossRef]
- Frankel, R.; Mayew, J.W.; Sun, Y. Do pennies matter? Investor relations consequences of small negative earnings surprises. Rev. Account. Stud. 2010, 15, 220â242. [CrossRef]
Paper not yet in RePEc: Add citation now
- Godsell, D.; Jung, B.; Mescall, D. Investor relations and investment efficiency. Contemp. Account. Res. 2023, 40, 1966â1998. [CrossRef]
Paper not yet in RePEc: Add citation now
Green, T.C.; Jame, R.; Markov, S.; Subasi, M. Access to management and the informativeness of analyst research. J. Financ. Econ. 2014, 114, 239â255. [CrossRef]
Gu, Y.; Ho, K.C.; Yan, C.; Gozgor, G. Public environmental concern, CEO turnover, and green investment: Evidence from a quasi-natural experiment in China. Energy Econ. 2021, 100, 105379. [CrossRef]
- Guo, S.; Yu, X.; Faff, R. When Investors Can Talk to Firms, Is It a Meaningful Conversation? Evidence from Investor Postings on Interactive Platforms. Eur. Account. Rev. 2022, 33, 771â795. [CrossRef]
Paper not yet in RePEc: Add citation now
Hales, J. Are investors really willing to agree to disagree? An experimental investigation of how disagreement and attention to disagreement affect trading behavior. Organ. Behav. Hum. Decis. Process. 2009, 108, 230â241. [CrossRef]
Hirshleifer, D.; Teoh, H.S. Limited attention, information disclosure, and financial reporting. J. Account. Econ. 2003, 36, 337â386. [CrossRef]
Kim, T.; Kim, Y. Does corporate environmental responsibility create value?: The role of investorsâ ESG preferences. Econ. Lett. 2024, 241, 111790. [CrossRef]
- Kimbrough, M.D. The Effect of Conference Calls on Analyst and Market Underreaction to Earnings Announcements. Account. Rev. 2005, 80, 189â219. [CrossRef]
Paper not yet in RePEc: Add citation now
- Korukonda, A.R.; Bathala, C.R.T. Ethics, Equity, and Social Justice in The New Economic Order: Using Financial Information for Keeping Social Score. J. Bus. Ethics 2004, 54, 1â15. [CrossRef]
Paper not yet in RePEc: Add citation now
- Lee, C.M.C.; Zhong, Q. Shall we talk? The role of interactive investor platforms in corporate communication. J. Account. Econ. 2022, 74, 101524. [CrossRef]
Paper not yet in RePEc: Add citation now
Lee, D.S.; McCrary, J.; Moreira, M.J.; Porter, J. Valid t-ratio inference for iv. Am. Econ. Rev. 2022, 112, 3260â3290. [CrossRef]
Li, F. Annual report readability, current earnings, and earnings persistence. J. Account. Econ. 2008, 45, 221â247. [CrossRef]
Li, Q.; Li, T.; Chen, H.; Xiang, E.; Ruan, W. Executivesâ excess compensation, legitimacy, and environmental information disclosure in C hinese heavily polluting companies: The moderating role of media pressure. Corp. Soc. Responsib. Environ. Manag. 2019, 26, 248â256. [CrossRef]
- Li, Y.; Wang, P.; Zhang, W. Does online interaction between firms and investors reduce stock price crash risk? Br. Account. Rev. 2023, 55, 101168. [CrossRef]
Paper not yet in RePEc: Add citation now
LiaukonyteÌ, J.; Žaldokas, A. Background Noise? TV Advertising Affects Real-Time Investor Behavior. Manag. Sci. 2022, 68, 2465â2484. [CrossRef]
- Lins, K.V.; Servaes, H.; Tamayo, A. Social Capital, Trust, and Firm Performance: The Value of Corporate Social Responsibility during the Financial Crisis. J. Financ. 2017, 72, 1785â1824. [CrossRef]
Paper not yet in RePEc: Add citation now
Loughran, T.; Mcdonald, B. Measuring Readability in Financial Disclosures. J. Financ. 2014, 69, 1643â1671. [CrossRef]
- Luo, X.; Zhang, R.; Liu, W. Environmental legitimacy pressure, political connection and impression management of carbon information disclosure. Carbon Manag. 2022, 13, 90â104. [CrossRef]
Paper not yet in RePEc: Add citation now
- Matsumoto, D.; Pronk, M.; Roelofsen, E. What Makes Conference Calls Useful? The Information Content of Managersâ Presentations and Analystsâ Discussion Sessions. Account. Rev. 2011, 86, 1383â1414. [CrossRef]
Paper not yet in RePEc: Add citation now
- McCahery, J.A.; Pudschedl, P.C.; Steindl, M. Institutional Investors, Alternative Asset Managers, and ESG Preferences. Eur. Bus. Organ. Law Rev. 2022, 23, 821â868. [CrossRef]
Paper not yet in RePEc: Add citation now
McCarthy, S.; Oliver, B.; Song, S. Corporate social responsibility and CEO confidence. J. Bank. Financ. 2017, 75, 280â291. [CrossRef]
- Meng, Q.; Ju, C.; Huang, Q.; Wang, S. The informativeness of investor communication with corporate insiders: Evidence from China. Int. Financ. 2023, 26, 189â207. [CrossRef]
Paper not yet in RePEc: Add citation now
Miller, G.S.; Skinner, D.J. The Evolving Disclosure Landscape: How Changes in Technology, the Media, and Capital Markets Are Affecting Disclosure. J. Account. Res. 2015, 53, 221â239. [CrossRef]
Riedl, A.; Smeets, P. Why Do Investors Hold Socially Responsible Mutual Funds? J. Financ. 2017, 72, 2505â2550. [CrossRef]
Serafeim, G.; Yoon, A. Stock price reactions to ESG news: The role of ESG ratings and disagreement. Rev. Account. Stud. 2023, 28, 1500â1530. [CrossRef]
- Shen, H.; Lin, H.; Han, W.; Wu, H. ESG in China: A review of practice and research, and future research avenues. China J. Account. Res. 2023, 16, 100325. [CrossRef]
Paper not yet in RePEc: Add citation now
Wang, Y.; Lin, Y.; Fu, X.; Chen, S. Institutional ownership heterogeneity and ESG performance: Evidence from China. Financ. Res. Lett. 2023, 51, 103448. [CrossRef]
Wang, Z.; Hsieh, T.; Sarkis, J. CSR Performance and the Readability of CSR Reports: Too Good to be True? Corp. Soc. Responsib. Environ. Manag. 2018, 25, 66â79. [CrossRef]
- Welch, K.; Yoon, A. Do high-ability managers choose ESG projects that create shareholder value? Evidence from employee opinions. Rev. Account. Stud. 2023, 28, 2448â2475. [CrossRef]
Paper not yet in RePEc: Add citation now
Xia, D.; Shi, J. Individual investorsâ online voice and corporate environmental information disclosure. Financ. Res. Lett. 2024, 62,
Xie, Y.; Jiang, J.; Wang, D. Green finance policy and labor demand: Evidence from China. Pac.-Basin Financ. J. 2024, 86, 102434. [CrossRef]
- Xu, Q.; Li, Q.; Jiang, C.; Wu, J.; Zhang, X. Social media, interaction information and stock market efficiency: Evidence from the Shenzhen stock exchange easy interaction platform in China. Asia-Pac. J. Account. Econ. 2020, 29, 1469â1496. [CrossRef]
Paper not yet in RePEc: Add citation now
Xu, W.; Luo, Z.; Li, D. Investor-firm interactions and corporate investment efficiency: Evidence from China. J. Corp. Financ. 2024, 84, 102539. [CrossRef]
- Yang, Y.; Chi, Y. Path selection for enterprisesâ green transition: Green innovation and green mergers and acquisitions. J. Clean. Prod. 2023, 412, 137397. [CrossRef]
Paper not yet in RePEc: Add citation now
- Youssouf, K. Unconventional monetary policy and capital flows. Econ. Model. 2016, 54, 412â424.
Paper not yet in RePEc: Add citation now
- Zhao, Y.; Yao, Z.; Li, Y.; Zhou, P. Can high-quality interactions lower the cost of debt? Insights from interactive investor platforms. Financ. Res. Lett. 2023, 58, 104600. [CrossRef]
Paper not yet in RePEc: Add citation now
- Zhu, H.; Li, X. Can green finance improve corporate ESG performance? Empirical evidence from Chinese A-share listed companies. Asia-Pac. J. Account. Econ. 2024, 1â18. [CrossRef]
Paper not yet in RePEc: Add citation now