Do stock investors value corporate sustainability? Evidence from an event study
This paper analyzes the impacts of index inclusions and exclusions on corporate sustainable firms by studying a sample of US stocks that are added to or deleted from the Dow Jones Sustainability World Index over the period 2002–2008. The impacts are measured in terms of stock return, risk and liquid...
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| Format: | Journal Article |
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Springer Netherlands
2011
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| Online Access: | http://hdl.handle.net/20.500.11937/45995 |