ABSTRACT Debate on whether firms' corporate social responsibility (CSR) is driven by agency problems or value enhancement is ongoing. This work examines the influence of the implementation of key audit matter (KAM) standards on corporate social activities and finds that after the adoption of KAMs, companies enhance their overall social performance through environment, employee, community and produ...
ABSTRACT Debate on whether firms' corporate social responsibility (CSR) is driven by agency problems or value enhancement is ongoing. This work examines the influence of the implementation of key audit matter (KAM) standards on corporate social activities and finds that after the adoption of KAMs, companies enhance their overall social performance through environment, employee, community and produ...