{"id":"https://openalex.org/W7047530043","doi":null,"title":"The impact of CSR activities during times of crisis ::evidence from leisure and travel industry","display_name":"The impact of CSR activities during times of crisis ::evidence from leisure and travel industry","publication_year":2021,"publication_date":"2021-10-11","ids":{"openalex":"https://openalex.org/W7047530043"},"language":"en","primary_location":{"id":"pmh:oai:hesso.tind.io:8703","doi":null,"is_oa":false,"landing_page_url":"http://arodes.hes-so.ch/record/8703","pdf_url":null,"source":{"id":"https://openalex.org/S4306402432","display_name":"ArODES (HES-SO (https://www.hes-so.ch/))","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210088449","host_organization_name":"HES-SO Gen\u00e8ve","host_organization_lineage":["https://openalex.org/I4210088449"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://arodes.hes-so.ch/record/8703","raw_type":"Text"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":false,"oa_status":"closed","oa_url":null,"any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5043580380","display_name":"Ismail El Fassi","orcid":"https://orcid.org/0009-0000-5883-9667","observed_orcids":["https://orcid.org/0009-0000-5883-9667"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"El Fassi, Ismail","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"middle","author":{"id":null,"display_name":"Derchi, Giovanni-Battista","orcid":null,"observed_orcids":[]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Derchi, Giovanni-Battista","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]},{"author_position":"last","author":{"id":"https://openalex.org/A5038122644","display_name":"Daniel F. Oyon","orcid":"https://orcid.org/0009-0004-0102-6832","observed_orcids":["https://orcid.org/0009-0004-0102-6832"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Oyon, Daniel","raw_affiliation_strings":[],"raw_orcid":null,"affiliations":[]}],"institutions":[],"countries_distinct_count":0,"institutions_distinct_count":0,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":false,"cited_by_count":0,"citation_normalized_percentile":{"value":0.51191796,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":null,"biblio":{"volume":null,"issue":null,"first_page":null,"last_page":null},"is_retracted":false,"is_paratext":false,"is_xpac":true,"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/T11711","display_name":"COVID-19 Pandemic Impacts","score":0.0017999999690800905,"subfield":{"id":"https://openalex.org/subfields/2002","display_name":"Economics and Econometrics"},"field":{"id":"https://openalex.org/fields/20","display_name":"Economics, Econometrics and Finance"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12738","display_name":"Corporate Identity and Reputation","score":0.0003000000142492354,"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":0.9990000128746033},{"id":"https://openalex.org/keywords/covid-19","display_name":"COVID-19 pandemic","score":0.8330000042915344},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.8460000157356262},{"id":"https://openalex.org/keywords/idiosyncratic-risk","display_name":"idiosyncratic risk","score":0.925000011920929},{"id":"https://openalex.org/keywords/market-risk","display_name":"market risk","score":0.7229999899864197},{"id":"https://openalex.org/keywords/stock-returns","display_name":"stock returns","score":0.859000027179718},{"id":"https://openalex.org/keywords/environmental-csr","display_name":"environmental CSR","score":0.9509999752044678},{"id":"https://openalex.org/keywords/social-csr","display_name":"social CSR","score":0.9959999918937683}],"concepts":[{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.8439000248908997},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.6615999937057495},{"id":"https://openalex.org/C2780299701","wikidata":"https://www.wikidata.org/wiki/Q475000","display_name":"Stock market","level":3,"score":0.5889000296592712},{"id":"https://openalex.org/C204036174","wikidata":"https://www.wikidata.org/wiki/Q909380","display_name":"Stock (firearms)","level":2,"score":0.5734000205993652},{"id":"https://openalex.org/C198531522","wikidata":"https://www.wikidata.org/wiki/Q485146","display_name":"Sample (material)","level":2,"score":0.550599992275238},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5059999823570251},{"id":"https://openalex.org/C2776035688","wikidata":"https://www.wikidata.org/wiki/Q1606558","display_name":"Affect (linguistics)","level":2,"score":0.46709999442100525},{"id":"https://openalex.org/C202552767","wikidata":"https://www.wikidata.org/wiki/Q1901350","display_name":"Market value","level":2,"score":0.3921999931335449},{"id":"https://openalex.org/C4249254","wikidata":"https://www.wikidata.org/wiki/Q3044431","display_name":"Demographic economics","level":1,"score":0.3747999966144562},{"id":"https://openalex.org/C23032112","wikidata":"https://www.wikidata.org/wiki/Q1344727","display_name":"Enterprise value","level":2,"score":0.3495999872684479},{"id":"https://openalex.org/C147598955","wikidata":"https://www.wikidata.org/wiki/Q3427818","display_name":"Social responsibility","level":2,"score":0.3456999957561493},{"id":"https://openalex.org/C166052673","wikidata":"https://www.wikidata.org/wiki/Q83021","display_name":"Empirical evidence","level":2,"score":0.3407000005245209},{"id":"https://openalex.org/C188897","wikidata":"https://www.wikidata.org/wiki/Q5333508","display_name":"Economic impact analysis","level":2,"score":0.3151000142097473},{"id":"https://openalex.org/C80212096","wikidata":"https://www.wikidata.org/wiki/Q1975416","display_name":"Systematic risk","level":2,"score":0.2851000130176544},{"id":"https://openalex.org/C120936955","wikidata":"https://www.wikidata.org/wiki/Q2155640","display_name":"Empirical research","level":2,"score":0.2840999960899353},{"id":"https://openalex.org/C12958728","wikidata":"https://www.wikidata.org/wiki/Q1002530","display_name":"Event study","level":3,"score":0.2728999853134155},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.2628999948501587},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.26249998807907104},{"id":"https://openalex.org/C145236788","wikidata":"https://www.wikidata.org/wiki/Q28161","display_name":"Labour economics","level":1,"score":0.25679999589920044},{"id":"https://openalex.org/C2777601474","wikidata":"https://www.wikidata.org/wiki/Q4668178","display_name":"Abnormal return","level":3,"score":0.2565999925136566}],"mesh":[],"locations_count":1,"locations":[{"id":"pmh:oai:hesso.tind.io:8703","doi":null,"is_oa":false,"landing_page_url":"http://arodes.hes-so.ch/record/8703","pdf_url":null,"source":{"id":"https://openalex.org/S4306402432","display_name":"ArODES (HES-SO (https://www.hes-so.ch/))","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I4210088449","host_organization_name":"HES-SO Gen\u00e8ve","host_organization_lineage":["https://openalex.org/I4210088449"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"http://arodes.hes-so.ch/record/8703","raw_type":"Text"}],"best_oa_location":null,"sustainable_development_goals":[{"id":"https://metadata.un.org/sdg/8","display_name":"Decent work and economic growth","score":0.7257999777793884}],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":false,"grobid_xml":false},"content_urls":null,"referenced_works_count":0,"referenced_works":[],"related_works":["https://openalex.org/W7047684548","https://openalex.org/W4286620362","https://openalex.org/W6912899085","https://openalex.org/W3102283286","https://openalex.org/W4200274649","https://openalex.org/W4308330915","https://openalex.org/W4412089653","https://openalex.org/W4318616928","https://openalex.org/W4390509858","https://openalex.org/W4388572076"],"abstract_inverted_index":{"This":[0],"paper":[1],"examines":[2],"the":[3,18,26,51,62,66,121,137],"impact":[4,46],"of":[5,33,36,91,128],"Corporate":[6],"Social":[7],"Responsibility":[8],"(CSR)":[9],"activities":[10,42,59],"on":[11,47],"market":[12,74,87],"performance":[13],"and":[14,28,107],"idiosyncratic":[15],"risk":[16,119],"during":[17,50,65,120,136],"Covid-19":[19],"health":[20,138],"crisis":[21],"across":[22],"global":[23],"firms":[24,38],"in":[25,89],"Travel":[27],"Leisure":[29],"industry.":[30],"Empirical":[31],"analysis":[32,104],"a":[34,44],"sample":[35],"225":[37],"shows":[39],"that":[40,57,80,126],"CSR":[41,58,81,112],"have":[43],"negative":[45],"firm":[48],"value":[49,64],"crisis.":[52,94,122,139],"In":[53],"addition,":[54],"we":[55,96],"document":[56],"positively":[60],"affect":[61],"firm\u2019s":[63],"pre-crisis":[67],"period":[68,90],"through":[69],"moderating":[70],"its":[71],"exposure":[72],"to":[73],"risk.":[75],"Overall,":[76],"our":[77,103],"results":[78],"suggest":[79],"is":[82,113],"perceived":[83],"as":[84],"value-destroying":[85],"by":[86,105],"participants":[88],"exogenous":[92],"economic":[93],"Interestingly,":[95],"also":[97,124],"find":[98],"asymmetrical":[99],"effects":[100],"when":[101],"disentangling":[102],"environmental":[106],"social":[108],"CSR.":[109],"Environmental":[110],"(social)":[111],"negatively":[114,131],"(positively)":[115],"associated":[116,132],"with":[117,133],"stock":[118,134],"We":[123],"observe":[125],"both":[127],"them":[129],"are":[130],"return":[135]},"counts_by_year":[],"updated_date":"2026-10-14T16:39:01.820549","created_date":"2025-10-10T00:00:00"}
