Corporate Social Responsibility Reporting
Peer reviewed
Abstract
Abstract
ABSTRACT Drawing on a sample of A‐share listed firms in China from 2011 to 2023, this study examines the impact of ESG rating disagreement on corporate philanthropy. We find that firms with higher ESG rating disagreement are more likely to increase charitable donations in the subsequent year. Mechanism analyses indicate that this effect operates through both operational and reputational risks. Heterogeneity analyses show that the effect is more pronounced for firms facing higher performance pressure, lower business diversification, weaker market status, higher advertising expenditures, closer consumer proximity, or operating in non‐heavily polluting industries. Additional analysis shows that social rating disagreement is the primary driver of philanthropic contributions. Economic consequence analysis demonstrates that ESG‐induced philanthropy alleviates financing constraints. The study contributes to the literature on the economic consequences of ESG rating disagreement, emphasizes the context‐dependent nature of managerial decisions under information uncertainty, and highlights their economic value. It provides insights for regulators, firms, and investors in interpreting corporate ESG behavior, helps market participants better understand corporate philanthropy, and offers useful implications for addressing ESG rating disagreement.
Direct answer
What can I do from this paper page?
Use this page to scan "The Impact of ESG Rating Disagreement on Corporate Philanthropy" quickly: start with the summary and abstract, then check the authors, source, topics, and related papers. From here, open Scollr to follow Corporate Social Responsibility Reporting research, save the paper, or map adjacent work.
Research areas
Follow related topics
Citation
BibTeX
@article{Gu2026Impact,
title = {The Impact of ESG Rating Disagreement on Corporate Philanthropy},
author = {Fenling Gu and Boyuan Tian and Yue Cao},
journal = {Managerial and Decision Economics},
year = {2026},
doi = {10.1002/mde.70119},
url = {https://doi.org/10.1002/mde.70119}
}FAQ
Using this paper in a discovery workflow
How do I find related work for this paper?
Use the related papers and topic links on this page as starting points. In Scollr, you can also open the paper and build a literature map around its references, citing papers, and related work.
How can I keep up with new Corporate Social Responsibility Reporting research papers?
Follow Corporate Social Responsibility Reporting research in Scollr. New papers from the topic flow into a personalized feed, and you can save useful studies to revisit later.
Can I cite this paper from this page?
This page includes a static BibTeX block for The Impact of ESG Rating Disagreement on Corporate Philanthropy. Always verify the DOI, source, and publication details against the publisher record before submitting a manuscript.
Follow this research in Scollr
Follow the topics and authors behind this paper, save useful studies, and build a literature map when you are ready to go deeper.
Get the app