The impact of socially responsible investment index constituent announcements on firm price: evidence from the JSE
This paper examines whether Socially Responsible Investment (SRI) Index constituent announcements have any impact on the returns of firms listing on the JSE SRI Index. The event study methodology is utilised to estimate abnormal returns for the firms included in the Index. The results indicate insig...
Main Authors: | , |
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Format: | Article |
Language: | English |
Published: |
AOSIS
2012-11-01
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Series: | South African Journal of Economic and Management Sciences |
Online Access: | https://sajems.org/index.php/sajems/article/view/236 |