Investment & Social Responsibility eJournal最新文献

Chasing the ESG Factor 追求ESG因素

Investment & Social Responsibility eJournal Pub Date : 2021-07-01 DOI: 10.2139/ssrn.3878314

Abraham Lioui, Andrea Tarelli

引用次数: 21

Unlocking ESG Premium from Options 从期权中解锁ESG溢价

Investment & Social Responsibility eJournal Pub Date : 2021-07-01 DOI: 10.2139/ssrn.3878123

Jie Cao, Amit Goyal, Xintong Zhan, Weiming Elaine Zhang

引用次数: 5

Renewable Governance: Good for the Environment? 可再生治理:有利于环境?

Investment & Social Responsibility eJournal Pub Date : 2020-12-21 DOI: 10.2139/ssrn.3224680

I. Dyck, Karl V. Lins, Lukáš Roth, Mitch Towner, Hannes F. Wagner

引用次数: 16

Corporate Social Irresponsibility and Portfolio Performance: A Cross-National Study 企业社会不负责任与投资组合绩效:一个跨国研究

Investment & Social Responsibility eJournal Pub Date : 2020-08-29 DOI: 10.2139/ssrn.3683170

M. Harjoto, Andreas G. F. Hoepner, Qian Li

引用次数: 16

Climate Change and India’s Capital Market: Do Investors Care about Climate Change 气候变化与印度资本市场:投资者关心气候变化吗

Investment & Social Responsibility eJournal Pub Date : 2020-08-01 DOI: 10.2139/ssrn.3670290

Labanya Prakash Jena

引用次数: 0

Indicateurs Environnementaux: Caractéristiques D’une Mesure Agrégée Pertinente (Environmental Indicators: Conditions for a Relevant Aggregated Measure) 环境指标:有关综合衡量标准的条件(环境指标)

Investment & Social Responsibility eJournal Pub Date : 2020-06-13 DOI: 10.2139/ssrn.3629231

Jean-Guillaume Peladan, J. Raynaud, Peter Tankov, O. Zerbib

{"title":"Indicateurs Environnementaux: Caractéristiques D’une Mesure Agrégée Pertinente (Environmental Indicators: Conditions for a Relevant Aggregated Measure)","authors":"Jean-Guillaume Peladan, J. Raynaud, Peter Tankov, O. Zerbib","doi":"10.2139/ssrn.3629231","DOIUrl":"https://doi.org/10.2139/ssrn.3629231","url":null,"abstract":"French Abstract: Apres avoir presente les grands indicateurs environnementaux existants et leurs limites, nous proposons une definition des caracteristiques d’un indicateur pertinent et efficace dans une approche holistique : embrassant l’ensemble des enjeux environnementaux, analysant le cycle de vie complet, utilisant des mesures physiques, portant sur un perimetre d’analyse mondial, pouvant etre calcule sur les differentes classes d’actifs, etant modulable, operationnel, lisible, neutre, transparent, stable dans le temps et utilisant les informations deja disponibles compte tenu de l’urgence environnementale. Nous rappelons enfin les principales methodes d’agregation d’indicateurs environnementaux et presentons leurs avantages et inconvenients. \u0000 \u0000English Abstract: After presenting the main existing environmental indicators and their limitations, we propose a definition of the (non-exhaustive) characteristics of a relevant and efficient metric in a holistic approach: encompassing all environmental issues, analyzing the entire life cycle, using physical measures, covering a global scope of analysis, being computable across all asset classes, being modular, operational, readable, neutral, transparent, stable over time and using the information already available, given the environmental emergency. Finally, we review the main available methods for aggregating environmental indicators with their advantages and drawbacks.","PeriodicalId":185902,"journal":{"name":"Investment & Social Responsibility eJournal","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-06-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123889487","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

The Role of Academics and Empirical Studies in the Debate on the Economic Role of Futures Trading 期货交易的经济作用之争中的学术和实证研究的作用

Investment & Social Responsibility eJournal Pub Date : 2020-06-01 DOI: 10.2139/ssrn.3634051

H. Till

引用次数: 0

The Effect of Political Risk on Shareholder Value and the Mitigating Role of Corporate Social Responsibility (CSR) 政治风险对股东价值的影响及企业社会责任的缓解作用

Investment & Social Responsibility eJournal Pub Date : 2020-04-18 DOI: 10.2139/ssrn.3579209

Pattanaporn Chatjuthamard, P. Jiraporn, Pattarake Sarajoti, Manohar Singh

{"title":"The Effect of Political Risk on Shareholder Value and the Mitigating Role of Corporate Social Responsibility (CSR)","authors":"Pattanaporn Chatjuthamard, P. Jiraporn, Pattarake Sarajoti, Manohar Singh","doi":"10.2139/ssrn.3579209","DOIUrl":"https://doi.org/10.2139/ssrn.3579209","url":null,"abstract":"PurposeThe study investigates the effect of political risk on shareholder value, using an event study and a novel measure of firm-level political risk recently developed by Hassan et al. (2017). In addition, the authors explore how corporate social responsibility (CSR) influences the effect of political risk on shareholder wealth.Design/methodology/approachThe authors exploit the guilty plea of Jack Abramoff, a well-known lobbyist, on January 3, 2006, as an exogenous shock that made lobbying less effective and less useful in the future, depriving firms of an important tool to reduce political exposure.FindingsThe results show that the market reactions are significantly more negative for firms with more political exposure. Additional analysis corroborates the results, including propensity score matching, instrumental-variable analysis and Oster's (2019) method for testing coefficient stability. Finally, the authors note that the adverse effect of political risk on shareholder value is substantially mitigated for firms with strong social responsibility, consistent with the risk mitigation hypothesis.Originality/valueThis study is the first to explore the effect of political risk on shareholder value using a novel measure. Furthermore, it is also the first to show that CSR alleviates the cost of political risk to shareholders.","PeriodicalId":185902,"journal":{"name":"Investment & Social Responsibility eJournal","volume":"39 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-04-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134064239","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 2

Sustainable Practices in Hotels: A Study of Five Star Hotels in Northern India 酒店的可持续实践:印度北部五星级酒店的研究

Investment & Social Responsibility eJournal Pub Date : 2020-01-23 DOI: 10.2139/ssrn.3524171

Ashutosh Kumar, A. Mahajan, Shikha Sharma

{"title":"Sustainable Practices in Hotels: A Study of Five Star Hotels in Northern India","authors":"Ashutosh Kumar, A. Mahajan, Shikha Sharma","doi":"10.2139/ssrn.3524171","DOIUrl":"https://doi.org/10.2139/ssrn.3524171","url":null,"abstract":"The hospitality sector is one of the fast growing and dynamic sectors in India. Of late not only has there been a change in demand and supply trends, but consumer preferences and desires are also changing, which has led to an eruption of innovative management practices. One of the critical issues facing this industry today is that of sustainability. Therefore, many hotel chains, particularly five-star hotels, have incorporated a number of green practices to reduce their carbon footprints. This in turn has a considerable effect on consumers’ willingness to pay for their services. \u0000 This study aimed to explore the factors of consumer awareness, consumer attitude and willingness to pay premium that impact choice of sustainable 5-star hotels of Northern India. Based on the study aim, a quantitative research was conducted using survey of 447 customers or visitors of the chosen hotels. The questionnaire pertained to elements crucial for this research consisting list of important sustainable practices and how these practices are affecting their preference for the hotel chains. Data was gathered using a close-ended questionnaire from the customers of these hotels. KMO factor analysis method was applied to identify the most significant factors of consumer awareness; consumer attitude and willingness to pay premium that impact their choice of the sustainable five star hotels of Northern India.","PeriodicalId":185902,"journal":{"name":"Investment & Social Responsibility eJournal","volume":"383 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2020-01-23","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132013498","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 1

Life on Land: Bottom-Up Sustainability Conscientiousness 陆地上的生命:自下而上的可持续性尽责

Investment & Social Responsibility eJournal Pub Date : 2019-09-12 DOI: 10.2139/ssrn.3452827

Julia M. Puaschunder

{"title":"Life on Land: Bottom-Up Sustainability Conscientiousness","authors":"Julia M. Puaschunder","doi":"10.2139/ssrn.3452827","DOIUrl":"https://doi.org/10.2139/ssrn.3452827","url":null,"abstract":"Bottom-up sustainability conscientiousness is discussed in the focal point of law, economics and governance. The implementation of sustainability accounts for the most challenging contemporary global governance predicaments that seems to pit today’s against future generations in the trade-off of economic growth versus sustainability. As a novel angle towards sustainability, the Sustainable Development Goals are set out to implement sustainability around the globe on a large scale. In the bottom-up implementation of sustainability, tax ethics, public-private-partnerships (PPPs) and Corporate Social Responsibility (CSR) are discussed. Behavioral insight nudges to steer bottom-up sustainability action include social status manipulations and joint decision making presentation advantages, which account for easily implementable bottom-up democracy in action tools to ensure natural sustainability choices. Strengthening financial social responsibility, social welfare and environmental protection through future-oriented and socially responsible economic market approaches of capitalism in the 21st century is aimed at alleviating predictable economic, social and environmental crises to ensure a future sustainable humankind for this generation and the following.","PeriodicalId":185902,"journal":{"name":"Investment & Social Responsibility eJournal","volume":"60 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-09-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"122143667","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0