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characterized by high clarity from management. We document that firms exhibiting both high purpose and clarity have systematically … is driven by the perceptions of middle management and professional staff rather than senior executives, hourly or …
Persistent link: https://www.econbiz.de/10011873386
According to different types of studies conducted in recent years, not natural but social factors will constitute a major barrier in the process of achieving sustainable development. The barrier will be quickly noticed in the countries and regions of low social capital. The purpose of this...
Persistent link: https://www.econbiz.de/10011537992
This study analyzes the effect that banks' investments in corporate social responsibility (CSR) have on bank performance. I find that banks' investments in CSR have a positive impact on financial performance, measured in terms of both accounting performance and stock market value. However, not...
Persistent link: https://www.econbiz.de/10012321121
The process of converting the economy to more sustainable production forms is the essence of bio-economy, currently becoming more and more important in all the European countries. Sustainability is a complex concept that can be quantified through an entire system of indicators. A "marker" of...
Persistent link: https://www.econbiz.de/10012213781
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
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
The increased interconnection among local and global players induced by globalization, as well as the need for a complete application of the “subsidiarity principle”, calls for a re-thinking of the “corporate social responsibility” concept. This new concept broadens the perspective of...
Persistent link: https://www.econbiz.de/10008736764
This paper empirically examines the theoretically ambivalent relationship between socially responsible investing (SRI) and stock performance. It extends the existing literature by considering both the US and the entire European stock markets as well as by using consistent world-wide corporate...
Persistent link: https://www.econbiz.de/10009533995
, reputation and awards/fellowships granted to the entrepreneur. We find that social investors focus largely on voluntary … accountability efforts of the entrepreneur and the entrepreneur's reputation when judging integrity. For an overall positive judgment … of integrity, it was sufficient if either reputation or voluntary accountability efforts of the entrepreneur were high …
Persistent link: https://www.econbiz.de/10009267748
The growing awareness of the issue of corporate social responsibility (CSR) has raised the questions about how responsible behavior of firms would impact employees' well-being. This paper investigates the link between corporate social responsibility and job satisfaction, which is a more widely...
Persistent link: https://www.econbiz.de/10009315293