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Corporate social responsibility and bankruptcy...
Journal article

Corporate social responsibility and bankruptcy probability: Exploring the role of market competition, intellectual capital, and equity cost

Abstract

Abstract This research investigates the relationship between corporate social responsibility and the probability of bankruptcy and explains the moderating role of the structure of market competition, intellectual capital, and equity cost on this relationship. Using a sample of the Tehran Stock Exchange during 2009–2016, panel data, and logit‐ranking model, we find an inverse relationship between corporate social responsibility and the …

Authors

Kamalirezaei H; Rostamy AAA; Saeedi A; Zaghard MKV

Journal

Journal of Corporate Accounting & Finance, Vol. 31, No. 1, pp. 53–63

Publisher

Wiley

Publication Date

January 2020

DOI

10.1002/jcaf.22417

ISSN

1044-8136