This study investigates the association between corporate social responsibility (CSR) performance and cross-listing. In a clean setting where a change in CSR performance can be attributed to the cross-listing, we find a statistically significant and economically meaningful increase in CSR performance for the cross-listed firms. Moreover, such an increase comes mostly in technical CSR, which targets the firms’ primary stakeholders. We also find that the positive association between cross-listing and CSR improvements is more pronounced for firms with weak corporate governance. The results hold under a variety of different robustness checks.

中文翻译：

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交叉上市与企业社会责任表现：来自AH股的证据

本研究调查了企业社会责任 (CSR) 绩效与交叉上市之间的关联。在 CSR 绩效变化可归因于交叉上市的干净环境中，我们发现交叉上市公司的 CSR 绩效在统计上显着且具有经济意义的增长。此外，这种增长主要来自技术型企业社会责任，其目标是公司的主要利益相关者。我们还发现，对于公司治理薄弱的公司，交叉上市与企业社会责任改善之间的正相关关系更为明显。结果在各种不同的稳健性检查下成立。