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Market Perceptions of Corporate Social Responsibility and Cost of Capital

  • Megumi SutoEmail author
  • Hitoshi Takehara
Chapter
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Part of the Advances in Japanese Business and Economics book series (AJBE)

Abstract

This chapter investigates the influence of market perceptions of corporate social responsibility (CSR) on the cost of capital of Japanese listed firms by examining the relationships between composite corporate social performance (CSP) and the cost of capital in terms of the cost of debt, cost of equity, and weighted average cost of capital (WACC).

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Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Waseda UniversityTokyoJapan
  2. 2.Waseda UniversityTokyoJapan

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