Corporate Social Responsibility and the Equity Markets: A quantitative analysis

Douhan, Olle
Nirbrant, Aron
University of Gothenburg/Department of Economics
Göteborgs universitet/Institutionen för nationalekonomi med statistik
University of Gothenburg/Department of Business Administration
Göteborgs universitet/Företagsekonomiska institutionen
2020-11-12T13:33:43Z
2020-11-12T13:33:43Z
2020-11-12
The purpose of this thesis is to examine the relationship between Corporate Social Responsibility (CSR) disclosure and equity prices in the financial markets. An event study combined with a textual analysis is used to research this relationship. The thesis is based on the European market and the sample period is between 2018 and 2019. Insight is given into the immediate and short-term effects of CSR disclosure and the significant results suggest that we can conclude that there exists a relationship between CSR disclosure and equity market reactions. The results indicate both a negative effect on abnormal return but also a positive effect in terms of lower volatility.sv
http://hdl.handle.net/2077/66966
engsv
202011:121sv
Uppsatssv
SocialBehaviourLaw
Corporate Social Responsibility and the Equity Markets: A quantitative analysissv
Företags samhällsansvar och finansiella marknader: en kvantitativ analyssv
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Student essay
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