Matches in SemOpenAlex for { <https://semopenalex.org/work/W4285388119> ?p ?o ?g. }
- W4285388119 endingPage "000765032211104" @default.
- W4285388119 startingPage "000765032211104" @default.
- W4285388119 abstract "Corporations, which in the past have been hesitant to contribute to conversations regarding political and social issues, are increasingly speaking out on current issues such as race, sexual orientation, gender, immigration, and environmental issues. Despite this trend, limited academic research has focused on how corporate sociopolitical activism (CSA) efforts impact firm value. In addition, extant studies have not fully identified the extent to which the firm and their message influence the outcomes of this approach. The current study explores how sociopolitical stances communicated on Twitter affect firms’ stock prices. Results from an event study of 260 incidents of CSA show that CSA efforts decrease firm value by an average of 0.22%, indicating that wading into social or political issues is a risky strategy. However, further analysis highlights the importance of clearly articulating stances on social issues that align with the firm’s core values." @default.
- W4285388119 created "2022-07-14" @default.
- W4285388119 creator A5029764013 @default.
- W4285388119 creator A5051146389 @default.
- W4285388119 creator A5054779254 @default.
- W4285388119 date "2022-07-14" @default.
- W4285388119 modified "2023-09-26" @default.
- W4285388119 title "#Activism: Investor Reactions to Corporate Sociopolitical Activism" @default.
- W4285388119 cites W1869132657 @default.
- W4285388119 cites W1967368105 @default.
- W4285388119 cites W1968242447 @default.
- W4285388119 cites W1980492754 @default.
- W4285388119 cites W1996758810 @default.
- W4285388119 cites W2002682770 @default.
- W4285388119 cites W2011659350 @default.
- W4285388119 cites W2021378946 @default.
- W4285388119 cites W2024141569 @default.
- W4285388119 cites W2039622030 @default.
- W4285388119 cites W2040346823 @default.
- W4285388119 cites W2040908169 @default.
- W4285388119 cites W2042061542 @default.
- W4285388119 cites W2046173622 @default.
- W4285388119 cites W2050849884 @default.
- W4285388119 cites W2051139236 @default.
- W4285388119 cites W2051563249 @default.
- W4285388119 cites W2052734753 @default.
- W4285388119 cites W2054905293 @default.
- W4285388119 cites W2055584923 @default.
- W4285388119 cites W2060674524 @default.
- W4285388119 cites W2063169022 @default.
- W4285388119 cites W2063171535 @default.
- W4285388119 cites W2066778800 @default.
- W4285388119 cites W2068316173 @default.
- W4285388119 cites W2073362362 @default.
- W4285388119 cites W2086102611 @default.
- W4285388119 cites W2089322967 @default.
- W4285388119 cites W2090356717 @default.
- W4285388119 cites W2091284916 @default.
- W4285388119 cites W2097235580 @default.
- W4285388119 cites W2097285951 @default.
- W4285388119 cites W2098362615 @default.
- W4285388119 cites W2101327777 @default.
- W4285388119 cites W2103967303 @default.
- W4285388119 cites W2105325236 @default.
- W4285388119 cites W2105326339 @default.
- W4285388119 cites W2108752510 @default.
- W4285388119 cites W2116947996 @default.
- W4285388119 cites W2120194710 @default.
- W4285388119 cites W2120907018 @default.
- W4285388119 cites W2123453159 @default.
- W4285388119 cites W2123919220 @default.
- W4285388119 cites W2124784051 @default.
- W4285388119 cites W2125785987 @default.
- W4285388119 cites W2128614305 @default.
- W4285388119 cites W2128778916 @default.
- W4285388119 cites W2133069936 @default.
- W4285388119 cites W2136120210 @default.
- W4285388119 cites W2139122730 @default.
- W4285388119 cites W2139331609 @default.
- W4285388119 cites W2151134010 @default.
- W4285388119 cites W2151817029 @default.
- W4285388119 cites W2156936111 @default.
- W4285388119 cites W2166215547 @default.
- W4285388119 cites W2172200757 @default.
- W4285388119 cites W2179200719 @default.
- W4285388119 cites W2195984408 @default.
- W4285388119 cites W2256350061 @default.
- W4285388119 cites W2278404291 @default.
- W4285388119 cites W2333930280 @default.
- W4285388119 cites W2335180684 @default.
- W4285388119 cites W2521065206 @default.
- W4285388119 cites W2525260579 @default.
- W4285388119 cites W2527356190 @default.
- W4285388119 cites W2555510919 @default.
- W4285388119 cites W2558627311 @default.
- W4285388119 cites W2560377044 @default.
- W4285388119 cites W2604584490 @default.
- W4285388119 cites W2727726856 @default.
- W4285388119 cites W2745097390 @default.
- W4285388119 cites W2753242336 @default.
- W4285388119 cites W2776315477 @default.
- W4285388119 cites W2781956785 @default.
- W4285388119 cites W2784037731 @default.
- W4285388119 cites W2799430063 @default.
- W4285388119 cites W2810047324 @default.
- W4285388119 cites W2901886042 @default.
- W4285388119 cites W2902878535 @default.
- W4285388119 cites W2904152473 @default.
- W4285388119 cites W2904897888 @default.
- W4285388119 cites W2930247041 @default.
- W4285388119 cites W2943622567 @default.
- W4285388119 cites W2943633405 @default.
- W4285388119 cites W2995786282 @default.
- W4285388119 cites W3033129021 @default.
- W4285388119 cites W3037159728 @default.
- W4285388119 cites W3039126109 @default.
- W4285388119 cites W3049554738 @default.
- W4285388119 cites W3088943525 @default.