The Relationship between Disclosure of Corporate Social Responsibility Information and Stock Synchronicity: Evidence from Listed Liquor Companies
Lan Guo, Yu Chen
Available Online September 2017.
- https://doi.org/10.2991/icsshe-17.2017.52How to use a DOI?
- stock synchronicity, corporate social responsibility, information disclosure, listed liquor companies
- This paper discussed the relationship between listed liquor companies' stock synchronicity and the disclosure and its quality of corporate's social responsibility information. The study showed that investors would not take the disclosure of corporate's social responsibility information into consideration when making investment decisions. While with the improvement of the disclosure quality of corporate's social responsibility information, investors would take social responsibility information as an important source of information. And corporate social responsibility about customer was key social responsibility information that investors concern about. Shareholders' and employees' responsibility and environmental responsibility could reduce stock synchronicity, but were insignificant.
- Open Access
- This is an open access article distributed under the CC BY-NC license.
Cite this article
TY - CONF AU - Lan Guo AU - Yu Chen PY - 2017/09 DA - 2017/09 TI - The Relationship between Disclosure of Corporate Social Responsibility Information and Stock Synchronicity: Evidence from Listed Liquor Companies BT - 2017 3rd International Conference on Social Science and Higher Education PB - Atlantis Press SP - 206 EP - 211 SN - 2352-5398 UR - https://doi.org/10.2991/icsshe-17.2017.52 DO - https://doi.org/10.2991/icsshe-17.2017.52 ID - Guo2017/09 ER -