UM E-Theses Collection (澳門大學電子學位論文庫)
Government policies, corporate social responsibility and investors' reactions :an empirical analysis
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This study empirically analyzes the effect of government policies on the relationship between corporate social responsibility (CSR) and investors’ reactions in China. The results indicate that Chinese investors are more sensitive to CSR information after the government launched policies. On this basis, this study further analyzes the effect of companies’ financial performance, and concludes that investors are more sensitive to CSR information of the companies with positively annual profit but negatively annual profit growth rate.
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Peng, Li Zhe
Faculty of Business Administration
Investments -- Government policy.
Social responsibility of business
Accounting -- Department of Accounting and Information Management
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