What is it about?
We investigate the performance of the stock and volume effect associated with changes in the composition of the socially responsible investment (SRI) governance index during a period from 2003 to 2012.
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Why is it important?
It turns out that, in the short term and long term, the announcement of inclusion in the SRI governance index has a positive effect in the stock market; however, exclusion from the SRI governance index has a negative effect.
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This page is a summary of: Performance of stock price with changes in SRI governance index, Corporate Social Responsibility and Environmental Management, July 2018, Wiley,
DOI: 10.1002/csr.1526.
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