- Title
- Opioid abuse and corporate social responsibility
- Creator
- Jia, Jing; Li, Zhongtian
- Relation
- Finance Research Letters Vol. 49, Issue October 2022, no. 103115
- Publisher Link
- http://dx.doi.org/10.1016/j.frl.2022.103115
- Publisher
- Academic Press
- Resource Type
- journal article
- Date
- 2022
- Description
- This study examines the effect of adopting restrictive opioid prescribing laws (i.e., opioid laws) on corporate social responsibility (CSR) performance. Using the staggered adoption of opioid laws by US states, we find that the adoption of opioid laws leads to higher CSR performance. Moreover, the positive impact of opioid laws on firms’ CSR performance is more pronounced in states with stronger enforcement of opioid laws. Given the impacts of opioid abuse in the US, our findings should be of great interest to investors, directors, managers, and public policy makers.
- Subject
- opioid; opioid prescribing laws; corporate social responsibility; opioid abuse; SDG 3; Sustainable Development Goals
- Identifier
- http://hdl.handle.net/1959.13/1492421
- Identifier
- uon:53330
- Identifier
- ISSN:1544-6123
- Language
- eng
- Reviewed
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