Exploring Arbitrage Strategies in Corporate Social Responsibility Companies

被引：8

作者：

Montoya-Cruz, Estefania ^{[1
]}

Ramos-Requena, Jose Pedro ^{[1
]}

Trinidad-Segovia, Juan Evangelista ^{[1
]}

Sanchez-Granero, Miguel Angel ^{[2
]}

机构：

[1] Univ Almeria, Dept Econ & Empresa, Carretera Sacramento S-N, Almeria 04120, Spain

[2] Univ Almeria, Dept Matemat, Carretera Sacramento S-N, Almeria 04120, Spain

来源：

SUSTAINABILITY | 2020年 / 12卷 / 16期

关键词：

Corporate Social Responsibility; Hurst exponent; Pairs Trading; correlation; co-movement; FINANCIAL PERFORMANCE; HURST EXPONENT; ECONOMIC-PERFORMANCE; RETURNS; RISK;

D O I：

10.3390/su12166293

中图分类号：

X [环境科学、安全科学];

学科分类号：

08 ; 0830 ;

摘要：

Today, Socially Responsible financial investment has taken on particular importance. Investors normally select their most profitable investments, but over the years they have appreciated that companies develop Socially Responsible policies. Financial indices have also created Socially Responsible versions. In this paper, we run a statistical arbitrage technique known as Pairs Trading using stocks of the FTSE4GOOD Socially Responsible Index. Different strategies will be tested to demonstrate that there are no significant differences between the performance of the portfolio composed by Corporate Social Responsibility (CSR) stocks and those composed by ordinary stocks.

引用

页数：17

共 50 条

[1] Exploring the responsiveness of companies: corporate social responsibility to stakeholders
Trebeck, Katherine
SOCIAL RESPONSIBILITY JOURNAL, 2008, 4 (03) : 349 - +
[2] Corporate social responsibility communication strategies of hotel companies
Enser, Irem
Kucukaltan, Ebru Gunlu
COGENT SOCIAL SCIENCES, 2024, 10 (01):
[3] Strategies of Corporate Social Responsibility in the construction sector companies of Medellin
Rincon Quintero, Yanyn
Montoya Alvarez, Daniela
Velez Patino, Paola
RETOS-REVISTA DE CIENCIAS DE LA ADMINISTRACION Y ECONOMIA, 2018, 8 (16): : 79 - 94
[4] Exploring Talent Management Practices and Corporate Social Responsibility in Finnish Companies
Cajander, Niko
Reiman, Arto
EMPLOYEE RESPONSIBILITIES AND RIGHTS JOURNAL, 2024,
[5] Corporate volunteering within social responsibility strategies of IBEX 35 companies
Manas-Viniegra, Luis
RETOS-REVISTA DE CIENCIAS DE LA ADMINISTRACION Y ECONOMIA, 2018, 8 (16): : 19 - 32
[6] CORPORATE SOCIAL RESPONSIBILITY IN CYPRIOT COMPANIES
Gorovaia, Nina
5TH ANNUAL EUROMED CONFERENCE OF THE EUROMED ACADEMY OF BUSINESS: BUILDING NEW BUSINESS MODELS FOR SUCCESS THROUGH COMPETITIVENESS AND RESPONSIBILITY, 2013, : 1774 - 1775
[7] CORPORATE SOCIAL RESPONSIBILITY IN THE POLISH COMPANIES
Werenowska, Agnieszka
Stankiewicz, Tomasz
EQUILIBRIUM-QUARTERLY JOURNAL OF ECONOMICS AND ECONOMIC POLICY, 2011, 6 (04): : 97 - 109
[8] Fortune 100 companies' Facebook strategies: corporate ability versus social responsibility
Kim, Sora
Kim, Soo-Yeon
Sung, Kang
JOURNAL OF COMMUNICATION MANAGEMENT, 2014, 18 (04) : 343 - +
[9] Making sense of Corporate Social Responsibility: Exploring organizational processes and strategies
van der Heijden, Angela
Driessen, Peter P. J.
Cramer, Jacqueline M.
JOURNAL OF CLEANER PRODUCTION, 2010, 18 (18) : 1787 - 1796
[10] Corporate social responsibility and the purpose of corporations: How are Brazilian companies adapting their strategies?
Machado, CAP
Zylbersztajn, D
DYNAMICS IN CHAINS AND NETWORKS, 2004, : 142 - 148

← 1 2 3 4 5 →