Społeczna odpowiedzialność banków giełdowych – korzyści inwestycyjne z tytułu uczestnictwa w RESPECT Index
Corporate social responsibility of stock exchange listed banks – investing profits due to participation in RESPECT Index
Author(s): Michał BuszkoSubject(s): Economy
Published by: Wydawnictwo Uniwersytetu Ekonomicznego we Wrocławiu
Keywords: CSR; banks; RESPECT Index; cumulative abnormal return
Summary/Abstract: This paper relates to the issues of social responsibility of banks in Poland. In particular, the idea, activities and the main fields of CSR engagement of banks are described. The paper also characterizes RESPECT Index – a special stock exchange category serving to promote and distinguish entities implementing particularly high standards of CSR policy. In the next part, the simple and adjusted rates of returns of banks included into RESPECT Index are presented. In the last part, the author places an analysis of investment profits gained due to the introduction of bank shares into the portfolio of RESPECT Index, measured with cumulative abnormal return (CAR).
Journal: Prace Naukowe Uniwersytetu Ekonomicznego we Wrocławiu
- Issue Year: 2014
- Issue No: 330
- Page Range: 52-62
- Page Count: 11
- Language: Polish