2022
DOI: 10.1057/s41260-022-00291-z
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Explainable artificial intelligence modeling for corporate social responsibility and financial performance

Abstract: In this paper, we examine the relation between corporate social responsibility and corporate financial performance in a bullish market. Previous studies have heterogeneous results, mainly due to differences in the samples and statistical approaches used. To resolve these issues, we use an innovative approach through explainable artificial intelligence (XAI). To reflect the recent expansions of CSR practices, we propose a longitudinal analysis of the US market from 2014–2019. We find that in a bullish market, C… Show more

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Cited by 7 publications
(2 citation statements)
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“…For example, an XAI system could thoroughly explain why a specific credit decision was made or a specific stock was recommended for investment. Credit-based score decisions are being studied to make them more understandable [19][20][21][22][23][59][60][61][62][63][64][65][66][67].…”
Section: 3mentioning
confidence: 99%
“…For example, an XAI system could thoroughly explain why a specific credit decision was made or a specific stock was recommended for investment. Credit-based score decisions are being studied to make them more understandable [19][20][21][22][23][59][60][61][62][63][64][65][66][67].…”
Section: 3mentioning
confidence: 99%
“…Zhao (2018) explores the possibilities of improving the social responsibility of artificial intelligence and the achievement of sustainable development of artificial intelligence, through the adoption of international social responsibility (ISO 26000 standard). Lachuer and Jabeur (2022) examine the relationship between corporate social responsibility and corporate financial performance in a rising market. For their purposes, they use an innovative approach based on artificial intelligence (XAI).…”
Section: The Place Of Artificial Intelligence In Csrmentioning
confidence: 99%