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The nexus between social leisure and life satisfaction is riddled with endogeneity problems. In investigating the causal relationship going from the first to the second variable we start from considering that retirement is an event after which the time investable in (the outside job) relational...
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Corporate social responsibility (CSR) is increasingly a core component of corporate strategy in the global economy. In … reputational damage to listed companies. While corporations are busy adopting and enhancing CSR practices, there is (beyond very … few notable exceptions) no established empirical research on CSR’s impact and relevance in the capital market. This paper …
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In today's global economy, corporate social responsibility (CSR) is a core component of corporate strategy. Due in part … crucial instrument for minimizing conflicts with stakeholders. While corporations are busy adopting and enhancing CSR … 400 Social Index (a recognized CSR benchmark) between 1990 and 2004. Our paper highlights two main findings: i) a …
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We analyse the performance of a large sample of Socially Responsible (SR) stocks relative to a Control Sample (CS) of equivalent size for 14 years. We find that individual SR stocks have on average significantly lower returns and unconditional variance than CS stocks when controlling for...
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