Do Stock Investors Value Corporate Sustainability? Evidence from an Event Study

By Adrian (Wai Kong) Cheung. 2011

236 citations recorded by the source corpus.

Subfields: Accounting, Finance, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5904da891646368a13df77dd5408a8489a23dca1

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Citations in the corpus

Corporate Social Responsibility That “Pays”: A Strategic Approach to CSR for SMEs ** (2017, background): “…find that CSR has a positive impact on performance (Kapoor and Sandhu 2010; Mishra and Suar 2010; van Beurden and G€ossling 2008), a negative impact (Wright and Ferris 1997), a mixed influence (Cheung 2011; Choi, Kwak, and Choe 2010), or a neutral impact (Chih, Chih, and Chen 2010; Soana 2011).”
How Does the Market Value Corporate Sustainability Performance? (2011, unknown): “An increasing number of studies on the relation between CSP and firm performance considers DJSI as a proxy for CSP (Lo and Sheu 2007; López et al. 2007; Consolandi et al. 2009; Cheung 2011; Robinson et al. 2011; Ziegler and Schröder 2010).”
Does the stock market value the inclusion in a sustainability stock index? An event study analysis for German firms (2013, unknown): “Finally, Cheung (2011) examines US firms with respect to their specific inclusion in the Dow Jones Sustainability World Index (DJSI World), i.e. an index that is based on corporate sustainability performance assessments by the SAM (Sustainable Asset Management) Group together with Dow Jones Indexes.”
The Value Relevance of Reputation for Sustainability Leadership (2014, background): “Some previous literature provides evidence on a positive relation between reputation for good sustainability and financial performance (e.g. Cheung 2011; Consolandi et al. 2009; Lo and Sheu 2007; Robinson et al. 2011; Wagner 2010).”
Sustainable Bonuses: Sign of Corporate Responsibility or Window Dressing? (2014, background): “Wai Kong Cheung A.: 2011, 'Do stock investors value corporate sustainability?”