Ocena atrakcyjności inwestycji w akcje spółek społecznie odpowiedzialnych na podstawie indeksu RECPECT

• Authors: Gołaszewska-Kaczan, Urszula , Kilon, Jarosław , Marcinkiewicz, Jacek

Title variants

PL

An Assessment of the Attractiveness of Investments in the Shares of Socially Responsible Businesses Based on the RESPECT Index

Abstracts

EN

In both theory and practice, it is emphasised that engaging in CSR actions brings many benefits to companies. One of the commonly listed advantages is more trust from investors, which enables the achievement of superior returns from securities issued by socially responsible firms. The paper endeavours to investigate whether this benefit can be also noticed among businesses in the Polish index of socially responsible companies RESPECT. The study involves firms included in the RESPECT index from its inception (November 2011) to the end of 2015. The authors compared the RESPECT index with selected Polish market indices between 2009 and 2015. Empirical studies, based on an analysis of returns, risk, dividend yields and shareholder structure, facilitated the assessment of the attractiveness of investments in the shares of socially responsible businesses against the background of other firms quoted on the Warsaw Stock Exchange.

Keywords

EN

Corporate Social Responsibility; RESPECT index; Warsaw Stock Exchange; G12; M14; Z13

• Publisher: Uniwersytet Łódzki. Wydawnictwo Uniwersytetu Łódzkiego
• Journal: Annales. Etyka w Życiu Gospodarczym
• Year: 2016
• Volume: 19
• Issue: 3

Dates

published

2016-09-15

Contributors

author

Gołaszewska-Kaczan, Urszula

author

Kilon, Jarosław

author

Marcinkiewicz, Jacek

other

University of Bialystok

other

Bialystok University of Technology

other

University of Bialystok

other

[e-mail]

other

[e-mail]

other

[e-mail]

Identifiers

URI

http://hdl.handle.net/11089/19849

DOI

10.18778/1899-2226.19.3.10