4 found
  1.  55
    The Signaling Effect of Corporate Social Responsibility in Emerging Economies.Weichieh Su, Mike W. Peng, Weiqiang Tan & Yan-Leung Cheung - 2016 - Journal of Business Ethics 134 (3):479-491.
    What signals do firms in emerging economies send to stakeholders when they adopt corporate social responsibility practices? We argue that in emerging economies, firms that adopt CSR practices positively signal investors that their firms have superior capabilities for filling institutional voids. From an institution-based view, we hypothesize that the institutional environment moderates the signaling effect of CSR on a firm’s financial performance. Based on a sample of firms from ten Asian emerging economies, we find a positive relationship between CSR practices (...)
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  2.  23
    Being Good When Being International in an Emerging Economy: The Case of China.Yan-Leung Cheung, Dongmin Kong, Weiqiang Tan & Wenming Wang - 2015 - Journal of Business Ethics 130 (4):805-817.
    The importance imposed on corporate social responsibility is greater in developed economies than in emerging markets. The pressures from various stakeholder groups on the CSR are expected to have substantial spillover impact on companies domiciled in emerging economies that obtain revenues from companies in developed economies. Based on the data from 1,330 listed companies in China, the largest emerging economy in the world, this study provides evidence that the CSR performance of China firms is positively related to the degree of (...)
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  3.  22
    National Stakeholder Orientation, Corporate Social Responsibility, and Bank Loan Cost.Yan-Leung Cheung, Weiqiang Tan & Wenming Wang - 2018 - Journal of Business Ethics 150 (2):505-524.
    Based on a sample of firms from 20 countries around the world, this study investigates how the relationship between corporate social responsibility and bank loan pricing is affected by the degree of national stakeholder orientation. We find that firms with superior CSR performance are more likely to enjoy lower loan costs in more stakeholder-oriented countries than are their counterparts in less stakeholder-oriented countries. This study contributes to the CSR literature by highlighting the importance of national institutional environments in determining the (...)
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  4.  49
    Corporate Social Performance, Firm Valuation, and Industrial Difference: Evidence from Hong Kong. [REVIEW]Yan-Leung Cheung, Kun Jiang, Billy S. C. Mak & Weiqiang Tan - 2013 - Journal of Business Ethics 114 (4):625-631.
    This study addresses two issues. First, does corporate social performance matter in Hong Kong. Second, if yes, is it relevant to some industries more than others. To answer these questions, we develop a corporate social performance index (CSP) to measure the quality of corporate social performance of major Hong Kong listed firms. The criteria are based on the OECD Principles of Corporate Governance. Using the 3-year period from 2002 to 2005, we find that firm valuation is positive and significantly associated (...)
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