Tag Archives | beneficial owners

Active Ownership Increases Corporate Returns

Elroy Dimson, Oguzhan Karakas, and Xi Li analyze an extensive proprietary database of corporate social responsibility engagements with US public companies over 1999–2009. Engagements address environmental, social, and governance concerns. They are followed by a one-year abnormal return that averages 1.8%, comprising 4.4% for successful and zero for unsuccessful engagements. (more…)

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