Do investors in Spain react to news on sustainability and corporate social responsibility?
Ver/ Abrir
Impacto
Scholar |
Otros documentos de la autoría: Fernandez-Izquierdo, Maria Angeles; Aragó, Vicent; Matallín Sáez, Juan Carlos; Nieto Soria, Luisa
Metadatos
Mostrar el registro completo del ítemcomunitat-uji-handle:10234/9
comunitat-uji-handle2:10234/8648
comunitat-uji-handle3:10234/8649
comunitat-uji-handle4:
INVESTIGACIONMetadatos
Título
Do investors in Spain react to news on sustainability and corporate social responsibility?Autoría
Fecha de publicación
2009Editor
Inderscience EnterprisesISSN
1756-5804Tipo de documento
info:eu-repo/semantics/articleVersión
info:eu-repo/semantics/acceptedVersionPalabras clave / Materias
Resumen
We analyse whether sustainability and corporate social responsibility-related news affects returns of stocks traded on the Spanish stock market. We used event methodology and an approach consistent with the active ... [+]
We analyse whether sustainability and corporate social responsibility-related news affects returns of stocks traded on the Spanish stock market. We used event methodology and an approach consistent with the active management of investment portfolios. Results show that in the short term, investors do not consider these news items to be relevant, and they therefore have no effect on the price of the stocks analysed. This result holds when the study is conditioned to the type of news (positive or negative) and whether or not the stocks belong to an index formed following socially responsible investment criteria [-]
Publicado en
International journal of sustainable economy, vol. 1, no. 3 (2009), pp. 227-244Derechos de acceso
© 2009 Inderscience Enterprises
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/openAccess
http://rightsstatements.org/vocab/InC/1.0/
info:eu-repo/semantics/openAccess
Aparece en las colecciones
- COFIN_Articles [218]