社会责任公司的股票表现

José Luis Miralles Marcelo, María del Mar Miralles Quirós, José Luis Miralles Quirós
{"title":"社会责任公司的股票表现","authors":"José Luis Miralles Marcelo,&nbsp;María del Mar Miralles Quirós,&nbsp;José Luis Miralles Quirós","doi":"10.1016/j.cede.2012.06.002","DOIUrl":null,"url":null,"abstract":"<div><p>The objectives of this study are firstly, to analyze the return performance of sustainable firms quoted on the Spanish stock market over the 2001-2010 period. Secondly, we compare risk exposure for sustainable and conventional firms. Thirdly, we analyze the abnormal profits that may be obtained with a zero cost trading strategy based on being long in sustainable firms and short in conventional firms. Finally, we study the sustainable policies effects on stock return cross variations. These results are especially relevant for institutional and individual investors, for academics, and the professional managers of these companies.</p></div>","PeriodicalId":100345,"journal":{"name":"Cuadernos de Economía y Dirección de la Empresa","volume":"15 4","pages":"Pages 221-230"},"PeriodicalIF":0.0000,"publicationDate":"2012-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://sci-hub-pdf.com/10.1016/j.cede.2012.06.002","citationCount":"14","resultStr":"{\"title\":\"Performance bursátil de las empresas socialmente responsables\",\"authors\":\"José Luis Miralles Marcelo,&nbsp;María del Mar Miralles Quirós,&nbsp;José Luis Miralles Quirós\",\"doi\":\"10.1016/j.cede.2012.06.002\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><p>The objectives of this study are firstly, to analyze the return performance of sustainable firms quoted on the Spanish stock market over the 2001-2010 period. Secondly, we compare risk exposure for sustainable and conventional firms. Thirdly, we analyze the abnormal profits that may be obtained with a zero cost trading strategy based on being long in sustainable firms and short in conventional firms. Finally, we study the sustainable policies effects on stock return cross variations. These results are especially relevant for institutional and individual investors, for academics, and the professional managers of these companies.</p></div>\",\"PeriodicalId\":100345,\"journal\":{\"name\":\"Cuadernos de Economía y Dirección de la Empresa\",\"volume\":\"15 4\",\"pages\":\"Pages 221-230\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2012-10-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"https://sci-hub-pdf.com/10.1016/j.cede.2012.06.002\",\"citationCount\":\"14\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Cuadernos de Economía y Dirección de la Empresa\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S1138575812000588\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Cuadernos de Economía y Dirección de la Empresa","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S1138575812000588","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 14

摘要

本研究的目的是首先,分析2001-2010年期间在西班牙股票市场上上市的可持续公司的回报表现。其次,我们比较了可持续发展企业和传统企业的风险敞口。第三,分析了在可持续企业做多、传统企业做空的零成本交易策略下可能获得的异常利润。最后,我们研究了可持续政策对股票收益交叉变化的影响。这些结果与机构和个人投资者、学者以及这些公司的职业经理人尤其相关。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Performance bursátil de las empresas socialmente responsables

The objectives of this study are firstly, to analyze the return performance of sustainable firms quoted on the Spanish stock market over the 2001-2010 period. Secondly, we compare risk exposure for sustainable and conventional firms. Thirdly, we analyze the abnormal profits that may be obtained with a zero cost trading strategy based on being long in sustainable firms and short in conventional firms. Finally, we study the sustainable policies effects on stock return cross variations. These results are especially relevant for institutional and individual investors, for academics, and the professional managers of these companies.

求助全文
通过发布文献求助,成功后即可免费获取论文全文。 去求助
来源期刊
自引率
0.00%
发文量
0
×
引用
GB/T 7714-2015
复制
MLA
复制
APA
复制
导出至
BibTeX EndNote RefMan NoteFirst NoteExpress
×
提示
您的信息不完整,为了账户安全,请先补充。
现在去补充
×
提示
您因"违规操作"
具体请查看互助需知
我知道了
×
提示
确定
请完成安全验证×
copy
已复制链接
快去分享给好友吧!
我知道了
右上角分享
点击右上角分享
0
联系我们:info@booksci.cn Book学术提供免费学术资源搜索服务,方便国内外学者检索中英文文献。致力于提供最便捷和优质的服务体验。 Copyright © 2023 布克学术 All rights reserved.
京ICP备2023020795号-1
ghs 京公网安备 11010802042870号
Book学术文献互助
Book学术文献互助群
群 号:481959085
Book学术官方微信