IDEAS home Printed from https://ideas.repec.org/a/mes/emfitr/v61y2025i1p188-215.html
   My bibliography  Save this article

Media Coverage of Corporate Social Irresponsibility and Firm value: The Moderating Role of CSR Contracting

Author

Listed:
  • Hsuan-Lien Chu
  • Albert Tsang
  • Chih-Wei Chang

Abstract

This study investigates the role of CSR contracting in the relationship between negative media coverage of corporate social irresponsibility (CSiR) and firm value. By analyzing firms from 44 countries spanning the period 2003–2016, we find that media coverage of CSiR motivates firms to employ CSR contracting as a means of restoring their reputation, which in turn, leads to increased levels of CSR engagement and higher firm value. These findings align with theoretical arguments suggesting that CSR contracting can serve as an effective mechanism for improving a firm’s CSR reputation, thus enabling them to remedy damage caused by media coverage of CSiR and boost firm value.

Suggested Citation

  • Hsuan-Lien Chu & Albert Tsang & Chih-Wei Chang, 2025. "Media Coverage of Corporate Social Irresponsibility and Firm value: The Moderating Role of CSR Contracting," Emerging Markets Finance and Trade, Taylor & Francis Journals, vol. 61(1), pages 188-215, January.
    • Handle: RePEc:mes:emfitr:v:61:y:2025:i:1:p:188-215
    DOI: 10.1080/1540496X.2024.2379470
    as

    Download full text from publisher

    File URL: http://hdl.handle.net/10.1080/1540496X.2024.2379470
    Download Restriction: Access to full text is restricted to subscribers.
    File URL: https://libkey.io/10.1080/1540496X.2024.2379470?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

    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:mes:emfitr:v:61:y:2025:i:1:p:188-215. 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: Chris Longhurst (email available below). General contact details of provider: http://www.tandfonline.com/MREE20 .

    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.