dc.contributor | 風管系 | - |
dc.creator (作者) | Yang, Shou-Lin;Shiu, Yung-Ming;Liu, Tsung-Chi | - |
dc.creator (作者) | 許永明 | - |
dc.date (日期) | 2015 | - |
dc.date.accessioned | 9-Dec-2015 17:18:59 (UTC+8) | - |
dc.date.available | 9-Dec-2015 17:18:59 (UTC+8) | - |
dc.date.issued (上傳時間) | 9-Dec-2015 17:18:59 (UTC+8) | - |
dc.identifier.uri (URI) | http://nccur.lib.nccu.edu.tw/handle/140.119/79619 | - |
dc.description.abstract (摘要) | Purpose– The purpose of this paper is to re-examine the statement of Peloza (2006) that enterprise corporate social responsibility (CSR) investment provides a protection efficacy similar to insurance. Design/methodology/approach– This study uses the event study method and data from the 2008-2010 China listed company social responsibility report and the Taiwan Economic Journal. Findings– The authors find that the insurance-like effect of CSR investment also exists in China. Both short- and long-term CSR investments of Chinese companies provide this efficacy to corporate stock prices. The authors also find diminishing marginal insurance-like effects in China market. Originality/value– The CSR investment of firms in China can reduce company stock-price loss when negative events occur. The authors therefore obtain a better understanding of the value of enterprise CSR investment. | - |
dc.format.extent | 176523 bytes | - |
dc.format.mimetype | application/pdf | - |
dc.relation (關聯) | Chinese Management Studies, Vol. 9 Iss: 3, pp.295 - 310 | - |
dc.subject (關鍵詞) | Corporate social responsibility ; China listed firms ; Insurance-like effect | - |
dc.title (題名) | Reexamination of the insurance-like effect of corporate social responsibility: Empirical evidence from China-listed companies | - |
dc.type (資料類型) | article | - |
dc.identifier.doi (DOI) | 10.1108/CMS-03-2013-0047 | - |
dc.doi.uri (DOI) | http://dx.doi.org/10.1108/CMS-03-2013-0047 | - |