|
一、中文文獻
池祥麟，2017，「企業社會責任－行為財務學的觀點」，證券市場發展季刊，第29卷第4期，63-104。
李明機，2010，「推動上市上櫃公司履行企業社會責任」，證券暨期貨月刊，第28卷第5期，19-26。
陳振遠、洪世偉，2013，「企業社會責任指數投資績效之研究」，證券櫃檯月刊，第165期，88-97。
楊雅智，2015，「淺談企業社會責任之國際發展趨勢與國內推動現況」，證券暨期貨月刊，第33卷第1期，5-15。
蔡佩蓉、王元章、張眾卓，2009，「投資人情緒、公司特徵與臺灣股票報酬之研究」，經濟研究，第45卷第2期，273-322。
二、英文文獻
Agnese, P., and Giacomini, E., 2023, “Bank’s funding costs: do ESG factors really matter?” Finance Research Letters, Vol. 51, 103437.
Bannier, C. E., Bofinger, Y., and Rock, B., 2019, “Doing safe by doing good: ESG investing and corporate social responsibility in the US and Europe,” CFS Working Paper Series, No. 621.
Banz, R.W., 1981, “The relationship between return and market value of common stocks,” Journal of Financial Economics, Vol. 9, 3-18.
Chih, H. L., Chih, H. H., and Chen, T. Y., 2010, “On the determinants of corporate social responsibility: international evidence on the financial industry,” Journal of Business Ethics, Vol. 93, 115-135.
Ciciretti, R., Dalo, A., and Dam, L., 2019, “The contributions of betas versus characteristics to the ESG premium,” CEIS working paper, No. 413.
Dimson, E., Karakas, O., and Li, X., 2015, “Active ownership,” The Review of Financial Studies, Vol. 28, 3225-3268.
Fama, E. F., and French, K. R., 1993, “Common risk factors in the returns on stocks and bonds,” Journal of Financial Economics, Vol. 33, No. 1, 3-56.
Fama, E. F., and French, K. R., 2015, “A five-factor asset pricing model,” Journal of Financial Economics, Vol. 116, 1-22.
Fama, E. F., and MacBeth, J. D., 1973, “Risk, Return, and Equilibrium: Empirical Tests,” The Journal of Political Economy, Vol. 81, No. 3, 607-636.
Fatemi, A., and Fooladi, I., 2013, “Sustainable finance: A new paradigm,” Global Finance Journal, Vol. 24, 101-113.
Fatemi, A., Fooladi, I., and Tehranian, H., 2015, “Valuation effects of corporate social responsibility,” Journal of Banking and Finance, Vol. 59, 182-192.
Fatemi, A., Glaum, M., and Kaiser, S., 2018, “ESG performance and firm value: the moderating role of disclosure,” Global Finance Journal, Vol. 38, 45-64.
Friede, G., Busch, T., and Bassen, A., 2015, “ESG and financial performance: aggregated evidence from more than 2000 empirical studies,” Journal of Sustainable Finance and Investment, Vol. 5, 210-233.
Gillan, S. L., Hartzell, J. C., Koch, A., and Starks, L. T., 2010, “Firms’ environmental, social and governance (ESG) choices, performance and managerial motivation,” Working paper, University of Texas at Austin.
Gregory, R. P., 2022, “ESG activities and firm cash flow,” Global Finance Journal, Vol. 52, 100698.
Haugen, R. A., and Heins, A. J., 1972, “On the evidence supporting the existence of risk premiums in the capital market,” Working paper, University of Wisconsin.
Hong, H., and Kacperczyk, M., 2009, “The price of sin: the effects of social norms on markets,” Journal of Financial Economics, Vol. 93, 15-36.
Lajili Jarjir, S., Nasreddine, A., and Desban, M., 2022, “Corporate social responsibility as a common risk factor,” Global Finance Journal, Vol. 52, 100577.
Levi, Y., and Welch, I., 2014, “Long-term capital budgeting,” Available at SSRN 2327807.
Lins, K. V., Servaes, H., and Tamayo, A., 2017, “Social capital, trust, and firm performance: the value of corporate social responsibility during the financial crisis,” Journal of Finance, Vol. 72, 1785-1824.
Lintner, J., 1965, “The valuation of risk assets and the selection of risky investments in stock portfolios and capital budgets,” The Review of Economics and Statistics, Vol. 47, No. 1, 13-37.
Maiti, M., 2021, “Is ESG the succeeding risk factor?” Journal of Sustainable Finance and Investment, Vol. 11, 199-213.
Malik, I. A., Chowdhury, H., and Samsul Alam, M., 2023, “Equity market response to natural disasters: Does firm’s corporate social responsibility make difference?” Global Finance Journal, Vol. 55, 100801.
Mossin, J., 1966, “Equilibrium in a capital asset market,” Econometrica, Vol. 34, No. 4, 768-783.
Ni, Y., and Sun, Y., 2023, “Environmental, social, and governance premium in Chinese stock markets,” Global Finance Journal, Vol. 55, 100811.
Reinganum, M., 1981, “Misspecification of capital asset pricing: empirical anomalies based on earnings’ yields and market values,” Journal of Financial Economics, Vol. 9, 19-46.
Reinganum, M., 1982, “A direct test of Roll’s conjecture on the firm size effect,” The Journal of Finance, Vol. 37, No. 1, 27-35.
Sharpe, W., 1964, “Capital asset prices: A theory of market equilibrium under conditions of risks,” Journal of Finance, Vol. 19, 425-442.
Shirasu, Y., and Kawakita, H., 2021, “Long-term financial performance of corporate social responsibility,” Global Finance Journal, Vol. 50, 100532.
Wei, Y. C., Hung, S. W., and Chen, C. Y. R., 2020, “The communication effect of corporate social responsibility: publicize corporate virtue or not,” Paper presented at the 28th Conference on the Theories and Practices of Securities and Financial Markets, National Sun Yat-sen University.
Yu, X., Xiao, K., and Xu, T., 2023, “Does ESG profile depicted in CSR reports affect stock returns? evidence from China,” Physica A, Vol. 627, 129118.
|