Shareholder reaction to corporate water actions and the reputational effects of CSR

Rafia Afrin, Ni Peng, Frances Bowen

Research output: Contribution to conferencePaperpeer-review

7 Downloads (Pure)


This research presents an event study to investigate market reactions to corporate water actions and show that shareholders react positively to responsible water actions, and negatively to irresponsible actions. We also prove that these market reactions are influenced by previous good/bad general CSR performance that creates reputational capital/liability.

Original languageEnglish
Publication statusPublished - 1 Aug 2019
Event79th Annual Meeting of the Academy of Management: Understanding the Inclusive Organization - Boston, United States
Duration: 9 Aug 201913 Aug 2019


Conference79th Annual Meeting of the Academy of Management
Abbreviated titleAOM 2019
Country/TerritoryUnited States

Cite this