How strategy affects performance

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000 nam 22 uu 4500
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245 10|aHow strategy affects performance|ban analysis of the effect of corporate social responsibility engagement strategy on cost of equity capital.
700 1 |aBieber, Lauren|eAuthor
520 |aThis study examines the relationship between corporate social responsibility (CSR) and financial performance, but more specifically, the effects of CSR engagement strategy on cost of equity. The Sample is a panel dataset of 30 firms in the apparel, retail, and textile industry from 2007-2013. Using Fixed-effects, random-effects, and ordinary least squares models, the study finds no significant effect of CSR or CSR engagement strategy on cost of equity. These findings are in line with the majority of existing literature, such that the results indicate no clear relationship between CSR and financial performance exits.
655 7|athesis
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650 1 |a|xCSR|xSocial responsibility of business|xFinancial performance|xEngagement strategy|xCost of equity|xCapital costs|z|y|y2007-2013
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