The Triple Bottom Line: What is the Impact on the Returns to Agribusiness?
Year: 2011
Type: article
Abstract: The objective of this research is to examine the share values of publicly traded U.S. agribusiness firms to determine if they are influenced by the adoption of Corporate Social Responsibility (CSR) practices. Adoption of sustainability initiatives that are in line with the requirements of CSR were made based upon a firm’s inclusion on a Dow Jones Sustainability Index (DJSI). To accomplish this task, we utilize an event study methodology. Typically, we find that the share values of agribusinesses react negatively, at least in the short-term, when the announcement is made that the firm will become a member of the DJSI.
Authors: Detre, Joshua D., Gunderson, Michael A.
Institutions: Louisiana State University, University of Florida
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
SDG: Zero hunger
Open Access status: green
OpenAlex ID: W2160474377