Matches in SemOpenAlex for { <https://semopenalex.org/work/W3200434265> ?p ?o ?g. }
- W3200434265 abstract "This paper studies the effect of corporate philanthropy on the stock price of S&P 500 firms and whether this relationship is reinforced by employee involvement in donating money towards Hurricane Harvey. In addition, this paper researches if companies that are known for their corporate irresponsible behaviour are more likely to engage in corporate philanthropy, and whether the donations have a negative effect on the company’s stock price. The event study methodology is used to find the effect of donation announcements and the impact CSiR has on the S&P 500 companies. The market model is extended with GARCH and EGARCH models for return series that showed ARCH effects to obtain more precise results. The results of the event study have been tested with both parametric and non-parametric tests for their significance. The findings show that there are signs that companies that mention employee involvement in their donation announcements have higher abnormal returns compared with companies that do not mention employee involvement. Another finding is that irresponsible companies are more likely to make a donation, however there is no relationship found between irresponsibility and lower stock returns for both the landfall date as for when an irresponsible firm publishes a donation announcement." @default.
- W3200434265 created "2021-09-27" @default.
- W3200434265 creator A5024835641 @default.
- W3200434265 date "2021-01-01" @default.
- W3200434265 modified "2023-09-27" @default.
- W3200434265 title "Corporate Philanthropy during difficult times and the consequences on shareholder value" @default.
- W3200434265 cites W1499755168 @default.
- W3200434265 cites W1528226820 @default.
- W3200434265 cites W1574571290 @default.
- W3200434265 cites W1926149338 @default.
- W3200434265 cites W1968095861 @default.
- W3200434265 cites W1975282621 @default.
- W3200434265 cites W1999996900 @default.
- W3200434265 cites W2028183234 @default.
- W3200434265 cites W2029056003 @default.
- W3200434265 cites W2034378555 @default.
- W3200434265 cites W2035880114 @default.
- W3200434265 cites W2036506917 @default.
- W3200434265 cites W2038553558 @default.
- W3200434265 cites W2038558712 @default.
- W3200434265 cites W2053642119 @default.
- W3200434265 cites W2059216155 @default.
- W3200434265 cites W2065208388 @default.
- W3200434265 cites W2066778800 @default.
- W3200434265 cites W2067772053 @default.
- W3200434265 cites W2090702645 @default.
- W3200434265 cites W2103200671 @default.
- W3200434265 cites W2111741143 @default.
- W3200434265 cites W2113305199 @default.
- W3200434265 cites W2116652331 @default.
- W3200434265 cites W2124758339 @default.
- W3200434265 cites W2128778916 @default.
- W3200434265 cites W2130162792 @default.
- W3200434265 cites W2131773668 @default.
- W3200434265 cites W2132589046 @default.
- W3200434265 cites W2158286266 @default.
- W3200434265 cites W2287455101 @default.
- W3200434265 cites W2433909709 @default.
- W3200434265 cites W2528129951 @default.
- W3200434265 cites W2593188149 @default.
- W3200434265 cites W2905835768 @default.
- W3200434265 cites W300972453 @default.
- W3200434265 cites W3016076986 @default.
- W3200434265 cites W3121521941 @default.
- W3200434265 cites W3122065019 @default.
- W3200434265 cites W3122175738 @default.
- W3200434265 cites W3122638935 @default.
- W3200434265 cites W3123478739 @default.
- W3200434265 cites W3125866812 @default.
- W3200434265 hasPublicationYear "2021" @default.
- W3200434265 type Work @default.
- W3200434265 sameAs 3200434265 @default.
- W3200434265 citedByCount "0" @default.
- W3200434265 crossrefType "dissertation" @default.
- W3200434265 hasAuthorship W3200434265A5024835641 @default.
- W3200434265 hasConcept C10138342 @default.
- W3200434265 hasConcept C106159729 @default.
- W3200434265 hasConcept C119857082 @default.
- W3200434265 hasConcept C120757647 @default.
- W3200434265 hasConcept C121955636 @default.
- W3200434265 hasConcept C127413603 @default.
- W3200434265 hasConcept C12958728 @default.
- W3200434265 hasConcept C143724316 @default.
- W3200434265 hasConcept C144133560 @default.
- W3200434265 hasConcept C151730666 @default.
- W3200434265 hasConcept C162118730 @default.
- W3200434265 hasConcept C162324750 @default.
- W3200434265 hasConcept C162853370 @default.
- W3200434265 hasConcept C200870193 @default.
- W3200434265 hasConcept C204036174 @default.
- W3200434265 hasConcept C2775933685 @default.
- W3200434265 hasConcept C2776291640 @default.
- W3200434265 hasConcept C2777601474 @default.
- W3200434265 hasConcept C2779093199 @default.
- W3200434265 hasConcept C2779343474 @default.
- W3200434265 hasConcept C2988984586 @default.
- W3200434265 hasConcept C39389867 @default.
- W3200434265 hasConcept C41008148 @default.
- W3200434265 hasConcept C50522688 @default.
- W3200434265 hasConcept C556758197 @default.
- W3200434265 hasConcept C78519656 @default.
- W3200434265 hasConcept C80515813 @default.
- W3200434265 hasConcept C86803240 @default.
- W3200434265 hasConceptScore W3200434265C10138342 @default.
- W3200434265 hasConceptScore W3200434265C106159729 @default.
- W3200434265 hasConceptScore W3200434265C119857082 @default.
- W3200434265 hasConceptScore W3200434265C120757647 @default.
- W3200434265 hasConceptScore W3200434265C121955636 @default.
- W3200434265 hasConceptScore W3200434265C127413603 @default.
- W3200434265 hasConceptScore W3200434265C12958728 @default.
- W3200434265 hasConceptScore W3200434265C143724316 @default.
- W3200434265 hasConceptScore W3200434265C144133560 @default.
- W3200434265 hasConceptScore W3200434265C151730666 @default.
- W3200434265 hasConceptScore W3200434265C162118730 @default.
- W3200434265 hasConceptScore W3200434265C162324750 @default.
- W3200434265 hasConceptScore W3200434265C162853370 @default.
- W3200434265 hasConceptScore W3200434265C200870193 @default.
- W3200434265 hasConceptScore W3200434265C204036174 @default.
- W3200434265 hasConceptScore W3200434265C2775933685 @default.
- W3200434265 hasConceptScore W3200434265C2776291640 @default.