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題名 Socially Responsible Investment Returns and News: Evidence from Asia
作者 許永明
Shiu, Yung‐Ming
Wang, Chi-Feng
Yen, Meng‐Feng
貢獻者 風管系
關鍵詞 corporate social responsibility ; individual investors ; news advertisement effect ` socially responsible investment
日期 2019-07
上傳時間 20-Apr-2020 14:39:30 (UTC+8)
摘要 We set out in this study to examine (a) whether “socially responsible investment” (SRI) portfolios can outperform less‐SRI portfolios in the emerging Asian stock markets and (b) whether investors within these emerging markets achieve awareness of SRI through publicly available news. On the basis of 2009–2013 data, we find that SRI portfolios tend to perform better in Japan. However, firms in the emerging Asian markets do not earn rewards for superior corporate social responsibility (CSR) practices. We also find that investors in the emerging Asian markets are indeed aware of SRI through public CSR news releases; in particular, investors in these markets reward high environmental‐, social‐, and governance‐rated firms for their good CSR practices a
關聯 Corporate Social Responsibilty and Enviornmental Management, Vol.26, No.6, pp.1565-1578
資料類型 article
DOI https://doi.org/10.1002/csr.1833
dc.contributor 風管系-
dc.creator (作者) 許永明-
dc.creator (作者) Shiu, Yung‐Ming-
dc.creator (作者) Wang, Chi-Feng-
dc.creator (作者) Yen, Meng‐Feng-
dc.date (日期) 2019-07-
dc.date.accessioned 20-Apr-2020 14:39:30 (UTC+8)-
dc.date.available 20-Apr-2020 14:39:30 (UTC+8)-
dc.date.issued (上傳時間) 20-Apr-2020 14:39:30 (UTC+8)-
dc.identifier.uri (URI) http://nccur.lib.nccu.edu.tw/handle/140.119/129290-
dc.description.abstract (摘要) We set out in this study to examine (a) whether “socially responsible investment” (SRI) portfolios can outperform less‐SRI portfolios in the emerging Asian stock markets and (b) whether investors within these emerging markets achieve awareness of SRI through publicly available news. On the basis of 2009–2013 data, we find that SRI portfolios tend to perform better in Japan. However, firms in the emerging Asian markets do not earn rewards for superior corporate social responsibility (CSR) practices. We also find that investors in the emerging Asian markets are indeed aware of SRI through public CSR news releases; in particular, investors in these markets reward high environmental‐, social‐, and governance‐rated firms for their good CSR practices a-
dc.format.extent 409807 bytes-
dc.format.mimetype application/pdf-
dc.relation (關聯) Corporate Social Responsibilty and Enviornmental Management, Vol.26, No.6, pp.1565-1578-
dc.subject (關鍵詞) corporate social responsibility ; individual investors ; news advertisement effect ` socially responsible investment-
dc.title (題名) Socially Responsible Investment Returns and News: Evidence from Asia-
dc.type (資料類型) article-
dc.identifier.doi (DOI) 10.1002/csr.1833-
dc.doi.uri (DOI) https://doi.org/10.1002/csr.1833-