Abbas Zadeh, M. R. & Lari, M. Pouryousof, A. (2022), More corporate social responsibility, less leverage adjustment speed: a reality? Financial Management Strategy, 10(39), 103-124. (In Persian)
Abarbanel, J., & Bernard, V. (2000). Is the U.S. stock market myopic? Journal of Accounting Research, 38(2), 221–242.
Adams, M., & P. Hardwick. 1998. “An Analysis of Corporate Donations: United Kingdom Evidence.” Journal of Management Studies 35 (5): 641–654.
Agnihotri, A., & Bhattacharya, S. (2021). Chief executive officer regulatory focus and competitive action frequency. Group & Organization Management, 46(1), 1–32.
An, H., & Zhang, T. (2013). Stock price synchronicity, crash risk, and institutional investors. Journal of Corporate Finance, 21, 1–15.
Anderson, T. W., & Hsiao, C. (1982). Formulation and estimation of dynamic models using panel data. Journal of Econometrics, 18(1), 47–82.
Asker, J., Farre-Mensa, J., & Ljungqvist, A. (2010). Does the stock market harm investment incentives? Working paper, Stern School of Business, New York University, US.
Ball, R.; Robin, A. & J. S. Wu (2008). “Incentives Versus Standards: Properties of Accounting Income in Four East Asian countries”. Journal of Accounting and Economics, Vol. 36, No. 1- 3, pp. 235-270.
Baker, H. K., Hargrove, M. B., & Haslem, J. A. (1977). An empirical analysis of the risk-return preferences of individual investors. Journal of Financial and Quantitative Analysis, 12(3), 377–389.
Barnea, A., & Rubin, A. (2010). Corporate social responsibility as a conflict between shareholders. Journal of Business Ethics, 97, 71–86.
Barnett, M. L., & Salomon, R. M. (2012). Does it pay to be really good? Addressing the shape of the relationship between social and financial performance. Strategic Management Journal, 33(11), 1304–1320.
Battisti, E., Nirino, N., Leonidou, E., & Thrassou, A. (2022). Corporate venture capital and CSR performance: An extended resource-based view’s perspective.
Journal of Business Research, 139, 1058-1066.
Ben Mohamed, E., & Shehata, M. A. (2017). R&D investment–cash flow sensitivity under managerial optimism. Journal of Behavioral and Experimental Finance, 14, 1–4.
Callen, J. L., & Fang, X. (2015). Religion and stock price crash risk. Journal of Financial and Quantitative Analysis, 50 (1–2), 169–195
Chakravarty, A., & Grewal, R. (2016). Analyst earnings forecasts and advertising and R&D budgets: role of agency theoretic monitoring and bonding costs. Journal of Marketing Research, 53, 580–596.
Chan, C. Y., D. W. Chou, & H. C. Lo. (2017). Do Financial Constraints Matter When Firms Engage in CSR? North American Journal of Economics and Finance 39: 241–259.
Chen Y., Podolski, E. J., Rhee, S.G., & Veera Raghavan, M. (2017). Do progressive social norms affect economic outcomes? Evidence from corporate takeovers. Journal of Empirical Finance, 41, 76–95.
Chintrakarn, P., Jiraporn, P., Sakr, S., & Lee, S. M. (2016). Do co-opted directors mitigate managerial myopia? Evidence from R&D investments. Finance Research Letters, 17, 285–289.
Cho S. Y., Lee C., & Pfeiffer Jr., R. J. (2013). Corporate social responsibility performance and information asymmetry. Journal of Accounting and Public Policy, 32(1), 71–83.
Choi, K. H., & Yoon, S. M. (2020). Investor sentiment and herding behavior in the Korean stock market. International Journal of Financial Studies, 8(2), 34.
Cremers, M., A. Pareek, & Z. Sautner. (2020). Short-Term Investors, Long-Term Investments, and Firm Value: Evidence from Russell 2000 Index Inclusions. Econometric Modeling: Corporate Finance & Governance eJournal 66 (10): 1-39. https://10.1287/mnsc.2019.3361
Dow, J. (2004). Is liquidity self-fulfilling? The Journal of Business, 77(4), 895-908.
Dyck, A., Lins, K. V., Roth, L., & Wagner, H.F. (2018). Do institutional investors drive corporate social responsibility? International evidence. Journal of Financial Economics, 131(3), 693–714.
Edmans, A., Fang, V. W., & Lewellen, K. A. (2015). Equity vesting and managerial myopia. SSRN, Working Paper.
Economou, F., Hassapis, C., & Philippas, N. (2018). Investors’ fear and herding in the stock market. Applied Economics, 50(34–35), 3654-3663.
El Ghoul, S., Guedhami, O., Kwok, C. C. Y., & Mishra, D. (2011). Does corporate social responsibility affect the cost of capital? Journal of Banking & Finance, 35(9), 2388–2406.
Ferreruela, S., & Mallor, T. (2021). Herding in the bad times: The 2008 and COVID-19 crises. The North American Journal of Economics and Finance, 58.
Fu, X. Tang, T., & Yan, X. (2019). why do institutions like corporate social responsibility investments? evidence from horizon heterogeneity. Journal of Empirical Finance, 51, 44–63.
Fung, H. G., Qiao, P., Yau, J., & Zeng, Y. (2020). Leader narcissism and outward foreign direct investment: Evidence from Chinese firms. International Business Review, 29(1), 101–632.
Graham, J.R., Harvey, C.R. & Rajgopal, S. (2005). The Economic Implications of Corporate Financial Reporting. Journal of Accounting and Economics, 40(1–3), 3–73.
Griffin, J. J., & Mahon, J. F. (1997). The Corporate Social Performance and Corporate Financial Performance Debate: Twenty-Five Years of Incomparable Research. Business & society, 36(1): 5-31.
Gul Arzi, G. & Piri, S. (2022), Investigating the impact of investors' emotional decisions on the occurrence of crisis in Tehran Stock Exchange, Financial Management Strategy, 10(2): 116-99. (In Persian)
Guthrie, J., Cuganesan, S. & Ward, L. (2008). Industry specific social and environmental reporting: The Australian Food and Beverage Industry. Accounting Forum, 32(1), 1–15.
Haniffa, R.M., & Cooke, T.E. (2005). The impact of culture and governance on corporate social reporting. Journal of Accounting and Public Policy, 24(5), 391–430.
Hassan, N. T. (2010). Corporate social responsibility disclosure: An examination of framework of determinants and consequences. Doctoral thesis, Durham University.
Hengelbrock, J., Theissen, E., & Westheide, C. (2009). Market response to investor sentiment. Journal of Business Finance and Accounting, 40(7–8), 901–917.
Ho, L. J., & Taylor, M. E. (2007). An empirical analysis of triple bottom-line reporting and its determinants: Evidence from the United States and Japan. Journal of International Financial Management & Accounting, 18(2), 123–150.
Hong, Z., Shuting, Y., & Meng, Z. (2012). Relationship between free cash flow and financial performance evidence from the listed real estate companies in China. IPCSIT, 36, 331–335.
Hong, B., Li, Z., & Minor, D. (2016). Corporate governance and executive compensation for corporate social responsibility. Journal of Business Ethics, 136(1), 199–213.
Hudson, Y., Yan, M., & Zhang, D. (2020). Herd behavior & investor sentiment: Evidence from UK mutual funds. International Review of Financial Analysis, 71.
Hung, M., Jing, S., & Wang, Y. (2013). The effect of mandatory CSR disclosure on information asymmetry: Evidence from a quasi-natural experiment in China. Asian Finance Association (AsFA) 2013 Conference, Available at: https://ssrn.com/abstract=2206877.
Hwang, S., & Salmon, (2004). Market stress and herding. Journal of Empirical Finance, 11(4), 585–616.
Hwang, S., Rubesam, A., & Salmon, M. (2021). Beta herding through overconfidence: A behavioral explanation of the low-beta anomaly. Journal of International Money and Finance, 111.
Iglesias, O., Markovic, S., Bagherzadeh, M., & Singh, J. J. (2020). Co-creation: A key link between corporate social responsibility, customer trust, and customer loyalty. Journal of Business Ethics, 163, 151–166.
Jensen, M., & Meckling, W. (1976) Theory of the firm: Managerial behavior, agency costs, and ownership structure. Journal of Financial Economics, 3 (4
Jiang, X. & Zhang, G. (2016). Managerial myopia, measurement rules and investment efficiency. Working Paper.
Jlassi, M., & BenSaida, A. (2014). Herding behavior and trading volume: Evidence from the American indexes. International Review of Management and Business Research, 3, 705–722.
Khan, M. H. (2010). The effect of corporate governance elements on corporate social responsibility (CSR) reporting: Empirical evidence from private commercial banks of Bangladesh. International Journal of Law and Management, 52(2), 82–109.
Kim, Y., Park, M., & Wier, B. (2012). Is earnings quality associated with corporate social responsibility? Accounting Review, 87(3), 761–796.
Kraft, A., Rahul, V., & Mohan, V. (2018). Frequent Financial Reporting and Managerial Myopia. Accounting Review, 2018, 93(2), 249–275.
Krueger, P. (2015). Corporate goodness and shareholder wealth. Journal of Financial Economics, 115, 304–329.
Ladika, T., & Sautner, Z. (2016). Managerial short-termism and investment: Evidence from accelerated option vesting. Review of Finance, 24(2), 305–344.
Lanis, R., & Richardson, G. (2015). Is corporate social responsibility performance associated with tax avoidance? Journal of Business Ethics, 127, 439–457.
Li, Y. Wang, J., & Wu, X. (2019). Distracted institutional shareholders and managerial myopia: Evidence from R&D expenses. Finance Research Letters, 29, 30–40.
Merli, M., & Roger, T. (2013). What drives the herding behavior of individual Investors? Finance, 34(3), 67–104.
Mizik, N. (2010). The theory and practice of myopic management. Journal of Marketing Research, 47(4), 594–611.
Mizik, N., & Jacobson, R. (2007). Myopic marketing management: Evidence of the phenomenon and its long-term performance consequences in the SEO context. Marketing Science, 26(3), 361–379.
Ng, A. C., & Rezaee, Z. (2015). Business sustainability performance and cost of equity capital. Journal of Corporate Finance, 34, 128–149.
Ohlson, J. (1995). Earnings, book values, and dividends in security valuation. Contemporary Accounting Research, 11, 661-687.
Oriyai, Z. Mohammadi, S. & Ivani, F. (2021), The impact of corporate social responsibility on performance, stability and financial soundness, Financial Accounting Quarterly, 13(51): 95-126. (In Persian)
Petersen, M. A. (2009). Estimating standard errors in finance panel data sets: Comparing approaches. Review of Financial Studies, 22(1), 435–480.
Ridge, J. Dave, K., & White, M. (2014). The influence of managerial myopia on firm strategy. Management Decision, 52(3), 602–623.
Sharifi, A., Ebrahimi Kehrizsangi, K. & Aghaee Chadgani, A. (2022), the influence of the source of control on the decisions of investors in the Tehran Stock Exchange according to their degree of risk tolerance. Financial Accounting Quarterly, 14 (56), 44- 61. (In Persian)
Shiller, R. J. (1984). Stock prices and social dynamics. Brookings Papers on Economic Activity, 2, 457–510.
Shleifer, A., & Summers, L. H. (1990). The noise trader approach to finance. Journal of Economic Perspectives, 4(2), 19–33.
Tai, T, D. (2022). Impact of corporate social responsibility on social and economic sustainability. Economic Research-Ekonomska Istraživanja, 1-20.
Tang, T. L. P., Sutarso, T., Ansari, M. A., Lim, V. K. G., Teo, T. S. H., Arias-Galicai, F., et al. (2015). Monetary intelligence and behavioral economics across 32 cultures: Good apples enjoy good quality of life in good barrels.
Journal of Business Ethics. doi:
10.1007/s10551-015-2980-y.
Xiang, C., F. Chen, P. Jones, & Xia., S. (2021). The Effect of Institutional Investors’ Distraction on Firms’ Corporate Social Responsibility Engagement: Evidence from China. Review of Managerial Science 15 (6): 1645–1681.
Wu, J., & Chen, Z. (2022). Corruption culture and corporate social responsibility: evidence from China. ASIA-PACIFIC JOURNAL OF ACCOUNTING & ECONOMICS, 1-19.
Xu, X., Ramiah, V., Moosa, I., & Davidson, S. (2016). An application of the information-adjusted noise model to the Shenzhen stock market. International Journal of Managerial Finance, 12(1), 71–91.
Yi, H., & Yang, X. (2019). Managers’ overconfidence, risk preference, herd behavior and non-efficient investment. Independent Journal of Management & Production, 10(1), 56–75.
Zhang, J. (2016). Does corporate social responsibility affect financial performance of listed manufacturing firms in Germany? Master Thesis, University of Twente.
)