search query: @indexterm FINANCIAL PERFORMANCE / total: 367
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| Author: | Park, S-Y. Lee, S. |
| Title: | Financial rewards for social responsibility: a mixed picture for restaurant companies |
| Journal: | Cornell hospitality quarterly: hospitality leadership through learning
2009 : MAY, VOL 50:2 p. 168-179 |
| Index terms: | corporate responsibility social responsibility restaurants companies financial performance accounting USA |
| Freeterms: | CSR value performance |
| Language: | eng |
| Abstract: | The paper explores the effects of publicly traded U.S restaurant companies' social responsibility activities on accounting performance and value performance. In addition it is examined whether the companies in the U.S financially benefit from their CSR activities. The study was made using regression model and adding a curvilinear function of CSR to it deviating from the previous studies. The findings reveal that responsibility activities have a U-shaped effect on accounting performance. Instead no influence on a firm's value was found. |
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