Buffering or Backfiring? A Meta-Analysis of the Effects of Corporate Social (Ir)responsibility on Firm Risk
Business & Society: Founded at Roosevelt University
Published online on June 29, 2025
Abstract
Business & Society, Ahead of Print.
Corporate social responsibility (CSR) and irresponsibility (CSIR) impact firm risk in complex, dynamic ways, rather than as mere opposites. In a meta-analysis of 197 empirical studies, we find asymmetric patterns in which CSIR’s risk-generation effects ...
Corporate social responsibility (CSR) and irresponsibility (CSIR) impact firm risk in complex, dynamic ways, rather than as mere opposites. In a meta-analysis of 197 empirical studies, we find asymmetric patterns in which CSIR’s risk-generation effects ...