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Keywords: Compliance status
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Journal Articles
International Journal of Productivity and Performance Management (2025) 74 (5): 1828–1850.
Published: 19 November 2024
... the theoretical framework of EMH, indicating that all relevant information, including a firm's CSR compliance status, is reflected in its stock prices. We find that the market perceives non-compliance firms as riskier compared to their compliance counterparts, thus demanding a higher risk premium for holding...
