Corporate social investments: Do they pay? [Book Review]
Journal of Business Ethics 15 (3):309-314 (1996)
The stock market reaction to two very different corporate social investments is explored. A market model event study methodology is employed using daily stock returns. The results are that the stock market appears to have ignored the 1977 announcement, but rewarded the 1990 event. Future research and possible managerial implications are discussed
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References found in this work BETA
Institutional Ownership of Stock and Dimensions of Corporate Social Performance: An Empirical Examination. [REVIEW]Betty S. Coffey & Gerald E. Fryxell - 1991 - Journal of Business Ethics 10 (6):437 - 444.
The Effect of the Recent Insider-Trading Scandal on Stock Prices of Securities Firms.Khalil M. Torabzadeh, Dan Davidson & Hamid Assar - 1989 - Journal of Business Ethics 8 (4):299 - 303.
Corporate Social Monitoring in South Africa: A Decade of Achievement, an Uncertain Future. [REVIEW]Karen Paul - 1989 - Journal of Business Ethics 8 (6):463 - 469.
Citations of this work BETA
The Financial Impact of ISO 14001 Certification: Top-Line, Bottom-Line, or Both?Pieter Jong, Antony Paulraj & Constantin Blome - 2014 - Journal of Business Ethics 119 (1):131-149.
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