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In the preceding chapter, I examined alternative models of enterprise restructuring and relationships between CSR, corporate governance and firm performance. Draw ing on the models and theories from the literature, in this Chapter, the theoretical framework and the hypotheses are developed. In Sect. 4.1, the theoretical framework is set up based on the stakeholder theory, and Sect. 4.2 describes the hypotheses with regard to relationships between corporate social performance (CSP) and financial performance (FP) during pre- and post-restructuring.

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(2009). Theoretical Framework and Hypotheses. In: Corporate Social Responsibility, Corporate Restructuring and Firm's Performance. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-540-70896-4_4

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