IDEAS home Printed from https://ideas.repec.org/a/kap/rqfnac/v64y2025i3d10.1007_s11156-024-01336-7.html
   My bibliography  Save this article

Corporate social responsibility and knowledge capital: does corporate social responsibility promote accumulating knowledge capital?

Author

Listed:
  • Shih-Wei Hung

    (National Kaohsiung University of Science and Technology)

Abstract

This study investigated the effects of corporate social responsibility (CSR) on the accumulation of knowledge capital, investment in research and development (R&D), and financial performance. The empirical results revealed that CSR engagement can enhance the accumulation of knowledge capital and R&D investment. Nonetheless, engaging in external CSR, disclosing CSR-related information, and having third-parties authenticate CSR reports is important to avoid agency problems and greenwashing. It is also important that firms establish internal CSR-related policies and measures governing environmental protection and employee and supplier rights to ensure innovative development, the accumulation of knowledge capital, and R&D investment. The resources invested in knowledge capital, R&D, or CSR promotion can negatively impact profitability; however, these effects were shown not to dampen investors’ optimism about future competitive advantage or financial performance.

Suggested Citation

  • Shih-Wei Hung, 2025. "Corporate social responsibility and knowledge capital: does corporate social responsibility promote accumulating knowledge capital?," Review of Quantitative Finance and Accounting, Springer, vol. 64(3), pages 1431-1452, April.
    • Handle: RePEc:kap:rqfnac:v:64:y:2025:i:3:d:10.1007_s11156-024-01336-7
    DOI: 10.1007/s11156-024-01336-7
    as

    Download full text from publisher

    File URL: http://link.springer.com/10.1007/s11156-024-01336-7
    File Function: Abstract
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1007/s11156-024-01336-7?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Corporate social responsibility; Knowledge capital; Research and development; Financial performance;
    All these keywords.

    JEL classification:

    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance
    • G39 - Financial Economics - - Corporate Finance and Governance - - - Other

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:kap:rqfnac:v:64:y:2025:i:3:d:10.1007_s11156-024-01336-7. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sonal Shukla or Springer Nature Abstracting and Indexing (email available below). General contact details of provider: http://springer.com .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.