Corporate social responsibility and firm risk: Theory and empirical evidence

Abstract

This article was downloaded by: [184.144.77.13] On: 05 May 2026, At: 07:39 Publisher: Institute for Operations Research and the Management Sciences (INFORMS) INFORMS is located in Maryland, USA Management Science Publication details, including instructions for authors and subscription information: http://pubsonline.informs.org Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence Rui Albuquerque, Yrjö Koskinen, Chendi Zhang To cite this article: Rui Albuquerque, Yrjö Koskinen, Chendi Zhang (2019) Corporate Social Responsibility and Firm Risk: Theory and Empirical Evidence. Management Science 65(10):4451-4469. https://doi.org/10.1287/mnsc.2018.3043 This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License. You are free to download this work and share with others, but cannot change in any way or use commercially without permission, and you must attribute this work as “Management Science. Copyright © 2018 The Author(s). https://doi.org/10.1287/mnsc.2018.3043, used under a Creative Commons Attribution License: https:// creative commons.org/licenses/by-nc-nd/4.0/.” Copyright © 2018, The Author(s) Please scroll down for article—it is on subsequent pages With 12,500 members from nearly 90 countries, INFORMS is the largest international association of operations research (O.R.) and analytics professionals and students. INFORMS provides unique networking and learning opportunities for individual …

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