Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models

Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models

Bibliographic Details
Main Author: Drake, Jordan C.
Language:English
Published: Ohio University Honors Tutorial College / OhioLINK 2014
Subjects:
Finance
Labor union
socially responsible investing
shareholder proposal
Online Access:http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1399938140
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spelling ndltd-OhioLink-oai-etd.ohiolink.edu-ouhonors13999381402021-08-03T06:24:49Z Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models Drake, Jordan C. Finance Labor union socially responsible investing shareholder proposal This article aims to answer the research question “Do labor union proposals promote socially responsible investing and thus improve pricing and investment models?” Through the use of a financial event study I found a positive correlation between Social SRI proposals and returns on securities of the corresponding companies. From a sample of 573 SRI proposals submitted by labor unions between 2003 and 2010, subsets were created, establishing 504 results for Corporate SRI proposals, 38 Environmental SRI proposals, 31 Social SRI proposals. Total SRI proposals, Corporate SRI proposals, and Environmental SRI proposals were found to have no statistically significant influence on security pricing. Given these results, further research should be conducted to determine what differentiates Social SRI proposals from the other subsets as well as the effects of SRI proposals submitted by labor unions on the value of debt for a company. 2014-05-14 English text Ohio University Honors Tutorial College / OhioLINK http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1399938140 http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1399938140 unrestricted This thesis or dissertation is protected by copyright: all rights reserved. It may not be copied or redistributed beyond the terms of applicable copyright laws.
collection NDLTD
language English
sources NDLTD
topic Finance
Labor union
socially responsible investing
shareholder proposal
spellingShingle Finance
Labor union
socially responsible investing
shareholder proposal
Drake, Jordan C.
Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
author Drake, Jordan C.
author_facet Drake, Jordan C.
author_sort Drake, Jordan C.
title Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
title_short Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
title_full Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
title_fullStr Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
title_full_unstemmed Labor Union Proposals, Socially Responsible Investing, and Pricing and Investment Models
title_sort labor union proposals, socially responsible investing, and pricing and investment models
publisher Ohio University Honors Tutorial College / OhioLINK
publishDate 2014
url http://rave.ohiolink.edu/etdc/view?acc_num=ouhonors1399938140
work_keys_str_mv AT drakejordanc laborunionproposalssociallyresponsibleinvestingandpricingandinvestmentmodels
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