Since 2014
Investments in stock of banks implementing high social responsibility standards listed on the Warsaw Stock Exchange
Copernican Journal of Finance & Accounting
View Archive Info| Field | Value | |
| Title |
Investments in stock of banks implementing high social responsibility standards listed on the Warsaw Stock Exchange
Investments in stock of banks implementing high social responsibility standards listed on the Warsaw Stock Exchange |
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| Creator |
Buszko, Michał; Department of Finance Management, Faculty of Economic Sciences and Management, Nicolaus Copernicus University, Gagarina 13a, 87-100 Toruń
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| Subject |
CSR; RESPECT Index; Profitability
G11 CSR; RESPECT Index; Profitability G11 |
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| Description |
The paper characterizes benefits and evaluates profitability of investments in stock of banks participating in RESPECT Index, i.e. a special index distinguishing companies that implement high standards of corporate social responsibility. In the paper, there is a brief characteristics of RESPECT Index, its nature, goals and ways of functioning. After that, there are presented base statistics of investors’ return and risk related to the RESPECT Index. In the next part the author describes banks listed on WSE in Poland and their role in RESPECT Index. Further, there are included rates of return from investments in socially responsible banks versus WIG Banking index. The last part of the paper is related to analysis of the bank stock prices around the day of their entrance to RESPECT Index and their cumulative returns since listing within the Index on WSE.
The paper characterizes benefits and evaluates profitability of investments in stock of banks participating in RESPECT Index, i.e. a special index distinguishing companies that implement high standards of corporate social responsibility. In the paper, there is a brief characteristics of RESPECT Index, its nature, goals and ways of functioning. After that, there are presented base statistics of investors’ return and risk related to the RESPECT Index. In the next part the author describes banks listed on WSE in Poland and their role in RESPECT Index. Further, there are included rates of return from investments in socially responsible banks versus WIG Banking index. The last part of the paper is related to analysis of the bank stock prices around the day of their entrance to RESPECT Index and their cumulative returns since listing within the Index on WSE. |
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| Publisher |
Uniwersytet Mikołaja Kopernika w Toruniu
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| Contributor |
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| Date |
2014-04-07
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — — — |
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| Format |
application/pdf
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| Identifier |
http://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.004
10.12775/CJFA.2014.004 |
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| Source |
Copernican Journal of Finance & Accounting; Vol 3, No 1 (2014); 45-60
Copernican Journal of Finance & Accounting; Vol 3, No 1 (2014); 45-60 2300-3065 2300-1240 |
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| Language |
eng
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| Relation |
http://apcz.umk.pl/czasopisma/index.php/CJFA/article/view/CJFA.2014.004/3220
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| Coverage |
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