Evidence item

The excerpt directly states that CSR engagement subsequently reduces future business risk. EXPERT_ANALYSIS

Authenticity UNVERIFIED · extraction UNVERIFIED · independence group none (unreviewed) · created seq 15431

Source: Trade frictions and corporate social responsibility (CSR): evidence from the risk mitigation perspective · locator {} · excerpt hash sha256:b7b68f4c8f6dcfa8e2bd9d4e084c98f66293ac3e9cd0760969c31f29624b97bc

Exact excerpt

Using trade remedy investigations as a proxy for trade friction, we find that trade frictions increase CSR engagement, ... A motivation-based mechanism analysis shows that trade frictions increase firms’ business risk, which strengthens incentives to engage in CSR as a risk-management response. ... CSR engagement subsequently reduces future business risk.

Linked claims

Claim	Direction	Relevance	Steps	Counted
186eb249	SUPPORT	DIRECT	0	yes

Audits

None.