bibtype J - Journal Article
ARLID 0545617
utime 20240402213451.0
mtime 20210919235959.9
SCOPUS 85114872010
WOS 000695753500001
DOI 10.1007/s10551-021-04935-9
title (primary) (eng) Corporate Social Responsibility and Stock Prices After the Financial Crisis: The Role of Strategic CSR Activities
specification
page_count 20 s.
serial
ARLID cav_un_epca*0251139
ISSN 0167-4544
title Journal of Business Ethics
volume_id 182
volume 1 (2023)
page_num 223-242
publisher
name Springer
keyword corporate social responsibility
keyword strategic CSR
keyword business ethics
keyword corporate financial performance
author (primary)
ARLID cav_un_auth*0058139
name1 Havlínová
name2 A.
country CZ
share 50
author
ARLID cav_un_auth*0293468
name1 Kukačka
name2 Jiří
institution UTIA-B
full_dept (cz) Ekonometrie
full_dept Department of Econometrics
department (cz) E
department E
full_dept Department of Econometrics
country CZ
share 50
garant K
fullinstit Ústav teorie informace a automatizace AV ČR, v. v. i.
source
url http://library.utia.cas.cz/separaty/2021/E/kukacka-0545617.pdf
source
url https://link.springer.com/article/10.1007/s10551-021-04935-9
cas_special
project
project_id PRIMUS/19/HUM/17
agency GA UK
country CZ
ARLID cav_un_auth*0409019
abstract (eng) We analyze the relationship between corporate social responsibility and the stock market performance in the post-global financial crisis period. A new measure of social responsibility by Thomson Reuters, called the ESG Combined Score, is used. As a novel feature of our analysis, socially responsible engagement is divided into the strategic activities closely related to the examined companies’ core business and the remaining secondary activities. The results of the fixed effects regression show a positive and statistically, as well as economically, significant impact of the strategic activities on the corporate stock market performance of companies. This impact is up to 103% higher compared to the secondary activities. The empirical results suggest that if companies aim to increase their share prices via the corporate social responsibility channel, they should strategically select their socially responsible initiatives.
result_subspec WOS
RIV AH
FORD0 50000
FORD1 50200
FORD2 50204
reportyear 2024
num_of_auth 2
inst_support RVO:67985556
permalink http://hdl.handle.net/11104/0322310
cooperation
ARLID cav_un_auth*0413959
name Fakulta sociálních věd, Univerzita Karlova
institution FSV UK
country CZ
confidential S
mrcbC91 C
mrcbT16-e BUSINESS|ETHICS
mrcbT16-j 1.93
mrcbT16-s 2.624
mrcbT16-D Q2
mrcbT16-E Q1*
arlyear 2023
mrcbU14 85114872010 SCOPUS
mrcbU24 PUBMED
mrcbU34 000695753500001 WOS
mrcbU63 cav_un_epca*0251139 Journal of Business Ethics Roč. 182 č. 1 2023 223 242 0167-4544 1573-0697 Springer