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Management scholars have sought to answer the question: is there a financial payoff for ad-dressing ecological and social issues? We move beyond this question and include a time com-ponent for corporate financial performance (CFP) and a firm’s innovativeness in order to ask: when does it pay?...
Persistent link: https://www.econbiz.de/10010325873
This paper provides new empirical evidence for the effect of corporate social responsibility (CSR) on corporate financial performance. In contrast to former studies, we examine two different regions, namely the USA and Europe. Our econometric analysis shows that environmental and social...
Persistent link: https://www.econbiz.de/10011753149
This study analyses the social and environmental research published in Spanish journals between 2004 and 2012. The main areas of concern of the Spanish researcher are analysis of Spanish practices, external publication, attitude studies and the different theoretical frameworks. There are also...
Persistent link: https://www.econbiz.de/10011984985
Sustainability aims at a responsible use of natural resources and the environment as well as at shaping corporate … relations and restructuring the constitution of the firm. As such, sustainability is commonly and successfully used by small …, medium as well as large enterprises. Enterprises that turn sustainability into a strategic business goal, going beyond legal …
Persistent link: https://www.econbiz.de/10010335863
This discussion paper examines the relationship between co-determination and corporate social responsibility (CSR) in German companies, thereby addressing two distinct literatures. On the one hand, most quantitative studies of co-determination focus on its economic impact, with relatively little...
Persistent link: https://www.econbiz.de/10011947546
The purpose of this article is to develop an ordonomic conceptualization of corporate citizenship and new governance that (a) provides a framework for positively explaining the political participation of companies in new governance processes and (b) does not weaken but instead strengthens the...
Persistent link: https://www.econbiz.de/10011733779
, misalignment, or non-alignment. Our research is based on an empiric analysis of the sustainability rating of U.S. companies and its … sustainability rating and the annual expenditures of the corporate foundation. Hence, we call for further studies on the exclusive …
Persistent link: https://www.econbiz.de/10012164441
Measures of corporate environmental justice performance can be a valuable tool in efforts to promote corporate social responsibility and to document systematic patterns of environmental injustice. This paper develops such a measure based on the extent to which toxic air emissions from industrial...
Persistent link: https://www.econbiz.de/10010287876
Certain types of corporate social responsibility (CSR) activities can generate an ‘insurance-like’ benefit for firms (Godfrey, 2005). Thus far, this risk management hypothesis has been verified for the effects of firm-specific negative events. We argue that this insurance-like benefit of...
Persistent link: https://www.econbiz.de/10010326481
Passion – in the sense of fervent commitment to action – and compassion – understood as sensitive openness for social and ecological concerns – are not a sure formula for business success. Whether social or ecological entrepreneurs, who find themselves under pressure from market...
Persistent link: https://www.econbiz.de/10011733836