Business

Has corporate involvement in government-initiated corporate social responsibility activities increased corporate value? —Evidence from China's Targeted Poverty Alleviation

J. Jing, J. Wang, et al.

This research explores how corporate involvement in China's Targeted Poverty Alleviation program can significantly enhance corporate value. Interestingly, it reveals that government-initiated CSR efforts are more beneficial than those initiated by corporations themselves. Find out how increased institutional investor shareholding, government support, and enhanced corporate reputation play a crucial role in this dynamic, especially among state-owned enterprises. This study was conducted by Jielin Jing, Jianling Wang, and Zhuochen Hu.