@article{THESIS,
      recid = {3264},
      author = {Li, Mengqi},
      title = {Corporate social responsibility and stock return: evidence  from China},
      publisher = {University of Chicago},
      school = {M.A.},
      address = {2021-08},
      number = {THESIS},
      abstract = {Abstract. Corporate social responsibility (CSR) is a  recent introduction to the Chinese stock markets, and  related research is limited. Using a sample of Chinese  listed firms on the A-share market in China, this paper  investigates whether CSR ratings can influence the stock  returns and how that influence differs across state-owned  and non-state-owned firms. Conflicting with existing  research in the US and European countries, CSR ratings have  no significant influence on stock returns in China,  regardless of government ownership. Robustness checks show  that CSR does not affect the values of those companies  either. I show that the insignificance of government  ownership in this paper does not result from selection  bias. The explanation for the insignificant results remains  an open question.},
      url = {http://knowledge.uchicago.edu/record/3264},
      doi = {https://doi.org/10.6082/uchicago.3264},
}