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政大機構典藏 > 商學院 > 風險管理與保險學系 > 期刊論文 > Item 140.119/79655

Please use this identifier to cite or link to this item: https://nccur.lib.nccu.edu.tw/handle/140.119/79655

Title:	The effects of ethical work climate on organizational commitment in Taiwanese military units
Authors:	Shiu, Yung-Ming;Yang, Shou-Lin 許永明;楊壽麟
Contributors:	風險管理與保險系
Keywords:	Corporate social responsibility;China listed firms;Insurance-like effect
Date:	2015
Issue Date:	2015-12-15 16:39:09 (UTC+8)
Abstract:	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.
Relation:	Chinese Management Studies, 9(3), 295 - 310
Data Type:	article
DOI 連結:	http://dx.doi.org/10.1108/CMS-03-2013-0047
DOI:	10.1108/CMS-03-2013-0047
Appears in Collections:	[風險管理與保險學系] 期刊論文

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