Corporate Social Responsibility and Market-Adjusted Stock Returns: An Asian Perspective

• Main Authors: Mutuc, Eugene Burgos, Lee, Jen-Sin
• Format: text
• Published: Animo Repository 2019
• Subjects: Asian markets; corporate finance; corporate social responsibility; market-adjusted stock return
• Online Access: https://animorepository.dlsu.edu.ph/apssr/vol19/iss3/8; https://animorepository.dlsu.edu.ph/context/apssr/article/1242/viewcontent/RA_207.pdf
• Institution: De La Salle University

This study investigates the short-run and long-run effects of corporate social responsibility (CSR) on firms’ financial performance through market-adjusted stock returns from one year to three years holding periods. We analyze the year 2015 CSR data of 958 publicly-listed companies from 11 countries...