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    題名: The effects of ethical work climate on organizational commitment in Taiwanese military units
    作者: Shiu, Yung-Ming;Yang, Shou-Lin
    許永明;楊壽麟
    貢獻者: 風險管理與保險系
    關鍵詞: Corporate social responsibility;China listed firms;Insurance-like effect
    日期: 2015
    上傳時間: 2015-12-15 16:39:09 (UTC+8)
    摘要: Purpose– The purpose of this paper is to re-examine the statement of Peloza (2006) that enterprise corporate social responsibility (CSR) investment provides a protection efficacy similar to insurance. Design/methodology/approach– This study uses the event study method and data from the 2008-2010 China listed company social responsibility report and the Taiwan Economic Journal. Findings– The authors find that the insurance-like effect of CSR investment also exists in China. Both short- and long-term CSR investments of Chinese companies provide this efficacy to corporate stock prices. The authors also find diminishing marginal insurance-like effects in China market. Originality/value– The CSR investment of firms in China can reduce company stock-price loss when negative events occur. The authors therefore obtain a better understanding of the value of enterprise CSR investment.
    關聯: Chinese Management Studies, 9(3), 295 - 310
    資料類型: article
    DOI 連結: http://dx.doi.org/10.1108/CMS-03-2013-0047
    DOI: 10.1108/CMS-03-2013-0047
    顯示於類別:[風險管理與保險學系 ] 期刊論文

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