여행운송업에서의 사회적 책임의 효과

초록

The purpose of this research is to examine the effect of corporate social responsibility (CSR) in travel and transportation domain. The theoretical underpinning of this research is tripple bottom line theory. As the three elements of CSR are social, environmental, and corporate governance. The data is collected using WISEfn and ESG score from Korean Corporate Governance Service. The main dependent variable is Tobin’s Q. The number of firms is 10, and the number of observation is 51. The study period is 2011-2016. For the data analysis, this research implemented ordinary least square and feasible generalized least square. The results presented that social CSR is positively associated with the value of firms, whereas environmental CSR is negatively associated with the value of firms.

키워드