It happens when firms stop leading by example and markets start punishing their behavior, according to research by Antonio Marra, Francesco Momentè and Eli Bartov. Read the whole story: [ Ссылка ]
Why CSR Can Destroy Value
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bocconiunibocconiBocconi universityuniversità bocconibocconi universityl'Università BocconiCSRCorporate social responsibilityvaluefirm valuestock pricereputational premiumfinancial restatementstrustfinancial fraudcsr performanceaccountingfinanceus stock exchangewall streetstockstock exchangecompaniesresponsible companiesESGinvestmentseli bartovbartovantonio marramarrafrancesco momentèmomentè