Corporate social responsibility as a defense against knowledge spillovers: Evidence from the inevitable disclosure doctrine

Research Summary: We examine whether companies respond to the threat of knowledge leakage by strategically increasing their engagement in corporate social responsibility (CSR). To obtain exogenous variation in the threat of knowledge leakage, we exploit a natural experiment provided by the rejection...

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Bibliographic Details
Main Authors: Flammer, C. (Author), Kacperczyk, A. (Author)
Format: Article
Language:English
Published: John Wiley and Sons Ltd 2019
Subjects:
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