{"id":"https://openalex.org/W2882993812","doi":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","title":"Corporate social responsibility, firm value, and influential institutional ownership","display_name":"Corporate social responsibility, firm value, and influential institutional ownership","publication_year":2018,"publication_date":"2018-07-23","ids":{"openalex":"https://openalex.org/W2882993812","doi":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","mag":"2882993812"},"language":"en","primary_location":{"id":"doi:10.1016/j.jcorpfin.2018.07.004","doi":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},"volume":null,"type":"article","indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3227157","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5065339710","display_name":"Bonnie Buchanan","orcid":"https://orcid.org/0000-0002-6970-9742","observed_orcids":["https://orcid.org/0000-0002-6970-9742"]},"institutions":[{"id":"https://openalex.org/I5085271","display_name":"Hanken School of Economics","ror":"https://ror.org/026086s92","country_code":"FI","type":"education","lineage":["https://openalex.org/I5085271"]},{"id":"https://openalex.org/I58610484","display_name":"Seattle University","ror":"https://ror.org/02jqc0m91","country_code":"US","type":"education","lineage":["https://openalex.org/I58610484"]}],"countries":["FI","US"],"is_corresponding":true,"raw_author_name":"Bonnie Buchanan","raw_affiliation_strings":["Department of Finance, Albers School of Business and Economics, Seattle University, 901 12th Avenue, P.O. Box 222000, Seattle, WA 98122, United States of America","HAnken School of Economics in Helsinki Finland"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Albers School of Business and Economics, Seattle University, 901 12th Avenue, P.O. Box 222000, Seattle, WA 98122, United States of America","institution_ids":["https://openalex.org/I58610484"]},{"raw_affiliation_string":"HAnken School of Economics in Helsinki Finland","institution_ids":["https://openalex.org/I5085271"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5046305167","display_name":"Cathy Xuying Cao","orcid":"https://orcid.org/0000-0001-8610-4334","observed_orcids":["https://orcid.org/0000-0001-8610-4334"]},"institutions":[{"id":"https://openalex.org/I58610484","display_name":"Seattle University","ror":"https://ror.org/02jqc0m91","country_code":"US","type":"education","lineage":["https://openalex.org/I58610484"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Cathy Xuying Cao","raw_affiliation_strings":["Department of Finance, Albers School of Business and Economics, Seattle University, 901 12th Avenue, P.O. Box 222000, Seattle, WA 98122, United States of America"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, Albers School of Business and Economics, Seattle University, 901 12th Avenue, P.O. Box 222000, Seattle, WA 98122, United States of America","institution_ids":["https://openalex.org/I58610484"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5115592357","display_name":"Chongyang Chen","orcid":"https://orcid.org/0000-0001-6856-3430","observed_orcids":["https://orcid.org/0000-0001-6856-3430"]},"institutions":[{"id":"https://openalex.org/I60065076","display_name":"Pacific Lutheran University","ror":"https://ror.org/01vh5nd96","country_code":"US","type":"education","lineage":["https://openalex.org/I60065076"]}],"countries":["US"],"is_corresponding":false,"raw_author_name":"Chongyang Chen","raw_affiliation_strings":["Department of Finance, School of Business, Pacific Lutheran University, Parkland, WA, 98447, United States of America"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Finance, School of Business, Pacific Lutheran University, Parkland, WA, 98447, United States of America","institution_ids":["https://openalex.org/I60065076"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":["https://openalex.org/A5065339710"],"corresponding_institution_ids":["https://openalex.org/I5085271","https://openalex.org/I58610484"],"apc_list":{"value":4140,"currency":"USD","value_usd":4140},"apc_paid":null,"fwci":46.3742,"has_fulltext":false,"cited_by_count":632,"citation_normalized_percentile":{"value":0.99855828,"is_in_top_1_percent":true,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":94,"max":100},"biblio":{"volume":"52","issue":null,"first_page":"73","last_page":"95"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9961000084877014,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T10019","display_name":"Corporate Finance and Governance","score":0.0027000000700354576,"subfield":{"id":"https://openalex.org/subfields/1402","display_name":"Accounting"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12675","display_name":"Financial Reporting and Valuation Research","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"corporate social responsibility","score":1.0},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.984000027179718},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.9789999723434448},{"id":"https://openalex.org/keywords/overinvestment","display_name":"overinvestment","score":0.6639999747276306},{"id":"https://openalex.org/keywords/conflict-resolution","display_name":"conflict resolution","score":0.7620000243186951},{"id":"https://openalex.org/keywords/rollover-risk","display_name":"rollover risk","score":0.9800000190734863},{"id":"https://openalex.org/keywords/institutional-investors","display_name":"institutional investors","score":0.4690000116825104},{"id":"https://openalex.org/keywords/economic-conditions","display_name":"economic conditions","score":0.43799999356269836}],"concepts":[{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.773853063583374},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.7237533926963806},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.629446804523468},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.561265766620636},{"id":"https://openalex.org/C2778300220","wikidata":"https://www.wikidata.org/wiki/Q114380","display_name":"Financial crisis","level":2,"score":0.5475375652313232},{"id":"https://openalex.org/C151913843","wikidata":"https://www.wikidata.org/wiki/Q3454555","display_name":"Dominance (genetics)","level":3,"score":0.4675762951374054},{"id":"https://openalex.org/C556758197","wikidata":"https://www.wikidata.org/wiki/Q580018","display_name":"Monetary economics","level":1,"score":0.4604509472846985},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.3553992509841919},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2599104046821594},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.06944635510444641},{"id":"https://openalex.org/C104317684","wikidata":"https://www.wikidata.org/wiki/Q7187","display_name":"Gene","level":2,"score":0.0},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.0},{"id":"https://openalex.org/C139719470","wikidata":"https://www.wikidata.org/wiki/Q39680","display_name":"Macroeconomics","level":1,"score":0.0},{"id":"https://openalex.org/C185592680","wikidata":"https://www.wikidata.org/wiki/Q2329","display_name":"Chemistry","level":0,"score":0.0},{"id":"https://openalex.org/C55493867","wikidata":"https://www.wikidata.org/wiki/Q7094","display_name":"Biochemistry","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C119857082","wikidata":"https://www.wikidata.org/wiki/Q2539","display_name":"Machine learning","level":1,"score":0.0}],"mesh":[],"locations_count":4,"locations":[{"id":"doi:10.1016/j.jcorpfin.2018.07.004","doi":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","is_oa":false,"landing_page_url":"https://doi.org/10.1016/j.jcorpfin.2018.07.004","pdf_url":null,"source":{"id":"https://openalex.org/S152282257","display_name":"Journal of Corporate Finance","issn_l":"0929-1199","issn":["0929-1199","1872-6313"],"is_oa":false,"is_in_doaj":false,"is_core":true,"listed_in":["abdc-a-star","anvur-class-a","anvur-scientific","cwts-core","erih-plus","fnege-1","jufo-3","norway-2","poland-140","russia-white-list-1","vabb-shw"],"host_organization":"https://openalex.org/P4310320990","host_organization_name":"Elsevier BV","host_organization_lineage":["https://openalex.org/P4310320990"],"host_organization_lineage_names":["Elsevier BV"],"type":"journal"},"license":null,"license_id":null,"version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Corporate Finance","raw_type":"journal-article"},{"id":"mag:3122858877","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3227157","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},{"id":"pmh:oai:RePEc:eee:corfin:v:52:y:2018:i:c:p:73-95","doi":null,"is_oa":false,"landing_page_url":"http://www.sciencedirect.com/science/article/pii/S0929119917307125","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:helda.helsinki.fi:10227/406226","doi":null,"is_oa":true,"landing_page_url":"http://hdl.handle.net/10227/406226","pdf_url":null,"source":{"id":"https://openalex.org/S4210213322","display_name":"Ty\u00f6v\u00e4entutkimus Vuosikirja","issn_l":"0784-1272","issn":["0784-1272","1459-7780"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":["ddh","jufo-1"],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"journal"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"Article"}],"best_oa_location":{"id":"mag:3122858877","doi":null,"is_oa":true,"landing_page_url":"https://papers.ssrn.com/sol3/papers.cfm?abstract_id=3227157","pdf_url":null,"source":{"id":"https://openalex.org/S4210172589","display_name":"SSRN Electronic Journal","issn_l":"1556-5068","issn":["1556-5068"],"is_oa":true,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I1318003438","host_organization_name":"RELX Group (Netherlands)","host_organization_lineage":["https://openalex.org/I1318003438"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"SSRN Electronic Journal","raw_type":null},"sustainable_development_goals":[],"sustainable_development_goals_aurora":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":93,"referenced_works":["https://openalex.org/W1495009347","https://openalex.org/W1507782914","https://openalex.org/W1560350676","https://openalex.org/W1591099623","https://openalex.org/W1784978739","https://openalex.org/W1903910408","https://openalex.org/W1934412383","https://openalex.org/W1949455802","https://openalex.org/W1977657880","https://openalex.org/W1978352128","https://openalex.org/W1978751571","https://openalex.org/W1979131917","https://openalex.org/W1980073692","https://openalex.org/W1985721027","https://openalex.org/W1994451842","https://openalex.org/W2005998587","https://openalex.org/W2013708414","https://openalex.org/W2036829732","https://openalex.org/W2042061542","https://openalex.org/W2047155746","https://openalex.org/W2047585676","https://openalex.org/W2047735993","https://openalex.org/W2073928172","https://openalex.org/W2077907699","https://openalex.org/W2083242060","https://openalex.org/W2084169808","https://openalex.org/W2086560845","https://openalex.org/W2095177382","https://openalex.org/W2103212465","https://openalex.org/W2105094633","https://openalex.org/W2113208252","https://openalex.org/W2117543241","https://openalex.org/W2118467222","https://openalex.org/W2120744852","https://openalex.org/W2126045346","https://openalex.org/W2126555709","https://openalex.org/W2128017766","https://openalex.org/W2128264241","https://openalex.org/W2131859993","https://openalex.org/W2134142947","https://openalex.org/W2141003613","https://openalex.org/W2141958938","https://openalex.org/W2146200864","https://openalex.org/W2167599156","https://openalex.org/W2170436279","https://openalex.org/W2183801748","https://openalex.org/W2211074832","https://openalex.org/W2271674507","https://openalex.org/W2282044143","https://openalex.org/W2316509495","https://openalex.org/W2739916346","https://openalex.org/W2785606188","https://openalex.org/W2889649708","https://openalex.org/W2972588609","https://openalex.org/W3003883893","https://openalex.org/W3021302892","https://openalex.org/W3021333694","https://openalex.org/W3021500571","https://openalex.org/W3022527834","https://openalex.org/W3121227745","https://openalex.org/W3121345957","https://openalex.org/W3121464887","https://openalex.org/W3121850914","https://openalex.org/W3122389145","https://openalex.org/W3122638935","https://openalex.org/W3122685541","https://openalex.org/W3122751847","https://openalex.org/W3122772247","https://openalex.org/W3122793424","https://openalex.org/W3122984618","https://openalex.org/W3122985187","https://openalex.org/W3123073555","https://openalex.org/W3123108749","https://openalex.org/W3123115626","https://openalex.org/W3123216815","https://openalex.org/W3123588944","https://openalex.org/W3123667852","https://openalex.org/W3123730452","https://openalex.org/W3123774229","https://openalex.org/W3123853500","https://openalex.org/W3123870998","https://openalex.org/W3124376508","https://openalex.org/W3124690645","https://openalex.org/W3124747412","https://openalex.org/W3124796920","https://openalex.org/W3124803286","https://openalex.org/W3124859647","https://openalex.org/W3125001718","https://openalex.org/W3125012689","https://openalex.org/W3125234929","https://openalex.org/W3125518972","https://openalex.org/W3125933001","https://openalex.org/W4301443221"],"related_works":["https://openalex.org/W2992756445","https://openalex.org/W4226354988","https://openalex.org/W7159638091","https://openalex.org/W4321391388","https://openalex.org/W2894771655","https://openalex.org/W3043366482","https://openalex.org/W4412422021","https://openalex.org/W4388680882","https://openalex.org/W2521774041","https://openalex.org/W2912812513"],"abstract_inverted_index":null,"counts_by_year":[{"year":2026,"cited_by_count":62},{"year":2025,"cited_by_count":124},{"year":2024,"cited_by_count":130},{"year":2023,"cited_by_count":111},{"year":2022,"cited_by_count":92},{"year":2021,"cited_by_count":59},{"year":2020,"cited_by_count":28},{"year":2019,"cited_by_count":17},{"year":2018,"cited_by_count":7},{"year":2017,"cited_by_count":2}],"updated_date":"2026-10-25T09:29:13.331239","created_date":"2018-08-03T00:00:00"}