Business

Value relevance of multifaceted corporate social performance: how do country-specific factors matter?

B. Jitmaneeroj

This study by Boonlert Jitmaneeroj uncovers the intricate link between corporate social performance and shareholder value across Asian-Pacific emerging markets. It highlights how specific dimensions of corporate social performance, rather than an aggregate measure, greatly influence valuation, varying by stakeholder group. The research emphasizes the importance of tailoring CSP strategies based on economic and political contexts to maximize positive outcomes.