Risk or Reward? Assessing the Market Value Implications of CSR Disclosure and Family Ownership

Key Points

• Csr disclosure positively influences market value, especially in family-owned firms.
• Family ownership correlates with lower market sensitivity to csr improvements, indicating unique investor dynamics.
• Analysis utilized diverse financial metrics to evaluate the relationship between csr disclosures and market performance.
• Implications may influence corporate governance strategies in family-owned enterprises.