ArticleF1000Research2026
The Impact of Social Responsibility on the Adoption of Sustainable Development Practices on the risk of stock price collapse.
Article in F1000Research, 2026. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
What it found
Each row is one number read from the abstract, on the scale the paper reported it, with its interval. Left of the dashed line favours the treatment, right favours the comparator. Under each row is the sentence it came from. New to these charts? A ten-minute tutorial.
The abstract states no effect estimate the extractor could read, or names no intervention and outcome on the map, so this paper lights no cell and moves no belief. It is still indexed, cited and linked below.
The trial behind it
Trials whose registry record cites this paper, or whose number appears in the abstract. A trial that started after this paper was published is citing it as background, not reporting it.
Neither the registry nor the abstract names a trial number. If this is a trial report, that itself is worth knowing.
Who cites it
0 citing papers in PubMed.
No citing paper in PubMed yet.
Corrections and comments
PubMed lists nothing against this paper. Absence here is not a guarantee, only a check that was made.
Authors and funding
3 authors.
Funding
No grant is acknowledged in the PubMed record.
Abstract
Background: Corporate social responsibility (CSR) and sustainable development practices have become increasingly important for firms seeking to address stakeholder expectations and improve corporate sustainability. However, their implications for capital-market risk, particularly stock price crash risk, remain unclear in emerging markets. This study examines the relationship between CSR and stock price crash risk and investigates whether the adoption of sustainable development practices mediates this relationship among Saudi-listed firms. Methods: The study examines 95 non-financial companies listed on the Saudi Exchange in 2023, selected from an initial population of 231 listed companies based on predefined eligibility criteria. CSR and sustainable development practices were measured using multi-item instruments adapted from prior literature. Stock price crash risk was assessed using three commonly employed indicators: CRASHdummy, negative conditional skewness (NCSKEW), and down-to-up volatility (DUVOL). The hypothesized direct and indirect relationships were estimated using variance-based partial least squares structural equation modeling (PLS-SEM) with SmartPLS 4. Measurement-model reliability and validity were assessed before testing the structural paths and mediation effect. Results: CSR was not significantly associated with stock price crash risk. In contrast, CSR was positively and significantly associated with the adoption of sustainable development practices. Sustainable development practices were also positively associated with stock price crash risk. The indirect relationship between CSR and stock price crash risk through sustainable development practices was statistically significant, supporting the proposed mediating role of sustainable development practices. Conclusions: The findings indicate that CSR does not have a statistically significant direct relationship with stock price crash risk among Saudi-listed firms. Instead, its association with crash risk operates indirectly through firms' adoption of sustainable development practices. These results highlight the importance of considering sustainability practices as a potential mechanism linking corporate social responsibility with capital-market outcomes in an emerging-market setting.
Indexed as
Identifiers
What OpenQuestion holds
Registered trials
Read under generation 80e0d062 · epoch 390. Bibliography from PubMed, PubMed Central and OpenAlex; grants from NIH RePORTER; trial links from ClinicalTrials.gov; estimates, votes and beliefs from the OpenQuestion graph.