Abstract
This study analyzed the correlation between the Social Responsibility Index and KOSPI200 to confirm the usefulness(profit and risk) of socially responsible investment. The results are as follows. The trends between the social responsibility index and the KOSPI200 are very similar and highly correlated. In addition, the average return of the social responsibility index is lower than that of the KOSPI200, the standard deviation is larger, and the gap between them in the post-COVID-19 period is larger than in the previous period. granger causal analysis showed that the social responsibility index and KOSPI200 have strong antecedents in both directions, and this phenomenon is more evident in the post-COVID-19 period. Based on these results, the differentiation and usefulness of the social responsibility index in Korea is currently low and the usefulness is declining, but it is expected that the interest and impact on it will increase in the future. Therefore, it is considered that it will be of utmost importance to show differentiation by clarifying the selection criteria of the sports incorporated in the social responsibility index.
Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callMore From: Crisis and Emergency Management: Theory and Praxis
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
