ASIA unversity:Item 310904400/80750
English  |  正體中文  |  简体中文  |  全文笔数/总笔数 : 94286/110023 (86%)
造访人次 : 21692261      在线人数 : 742
RC Version 6.0 © Powered By DSPACE, MIT. Enhanced by NTU Library IR team.
搜寻范围 查询小技巧：
  • 您可在西文检索词汇前后加上"双引号"，以获取较精准的检索结果
  • 若欲以作者姓名搜寻，建议至进阶搜寻限定作者字段，可获得较完整数据
    •  进阶搜寻
    ASIA unversity > 管理學院 > 財務金融學系 > 博碩士論文 >  Item 310904400/80750


    jsp.display-item.identifier=請使用永久網址來引用或連結此文件: http://asiair.asia.edu.tw/ir/handle/310904400/80750


    题名: The Announcement Effect CSR Awards on Abnormal Stock Returns in Downstream Supply Chain Vendors
    作者: Lu, Yan-Yu
    贡献者: 財務金融學系碩士在職專班
    关键词: corporate social responsibility award
    abnormal return
    event study
    industry supply chain
    日期: 2014-07-25
    上传时间: 2014-09-03 08:49:23 (UTC+0)
    出版者: Asia University
    摘要: Under the concept of sustainable development of enterprises, corporate social responsibility is an important core of key. Enterprises should not only fulfill their social responsibility, but also pay attention to a series of supply chain in partnership. The main purpose of this study is to examine the announcement effect of corporate social responsibility awards on abnormal returns of winners and their corporate customers of the supply chain; and further explore the difference of announcement effects between the whole sample and the sub-sample of the first time winners.
    This study adopts Visionary Corporate Social Responsibility Award (from year 2005 to 2013) and World Citizenship Award (from year 2007 to 2013) as a sample of winning companies, and identifies their supply chain downstream customers as the target of research. Accordingly, I explore the stock price reaction around award announcement dates using event study methods.
    I obtained the following main empirical results. First, announcement of Corporate Social Responsibility Awards has a significant positive effect on abnormal returns of winning firms, i.e., investors have positive responses to CSR Awards but the effect seems delayed. Second, downstream customers of CSR Award winning companies exhibit significantly positive average cumulative abnormal return after CSR Awards declaration, indicating the existence of positive contagion effects from award-winning companies to their downstream customers. Finally, both CSR award winning companies and the first time winning companies present positive abnormal stock returns, but the difference between their average cumulative abnormal returns is not significant.
    显示于类别:[財務金融學系] 博碩士論文

    文件中的档案:

    档案 描述 大小格式浏览次数
    index.html0KbHTML650检视/开启


    检视Licence

    在ASIAIR中所有的数据项都受到原著作权保护.

    DSpace Software Copyright © 2002-2004  MIT &  Hewlett-Packard  /   Enhanced by   NTU Library IR team Copyright ©   - 回馈