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Tekijä:Callan, S.J.
Thomas, J.M.
Otsikko:Corporate financial performance and corporate social performance: An update and reinvestigation
Lehti:Corporate Social Responsibility and Environmental management
2009 : MAR/APR, VOL. 16:2, p. 61-78
Asiasana:financial performance
business ethics
corporate responsibility
social responsibility
growth
models
Kieli:eng
Tiivistelmä:This paper performs an updated study of the corporate social performance-corporate financial performance (CSP-CFP) relationship, testing two approaches to measuring CSP, controlling for key variables (here as: vrbls.), and testing for non-linearity of certain independent vrbls. A positive CSP-CFP relationship is found to support proponents of stakeholder theory. It is also determined that empirical models specifying two CSP component measures are stronger than those using a fully aggregated measure. Control vrbls. are found to be obliged to be properly specified to avoid bias etc.
SCIMA tietueen numero: 267949
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