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?...

Der Unternehmensmonitor Familienfreundlichkeit 2013 zeigt, dass die Vereinbarkeit von Familie und Beruf in der Wirtschaft weiterhin eine hohe Aufmerksamkeit genießt. Dies gilt fast ausnahmslos vor allem für die knapp 30 Prozent der Betriebe, in denen die Geschäftsleitung eine ausgeprägt...

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...

Die Frage, was eine erfolgreiche Genossenschaft kennzeichnet, ist eine ebensoalte wie aktuelle Thematik. Denn Genossenschaften agieren in einer sich wandelnden Welt und daher liegt die Vermutung nahe, dass sich die Art ihres Erfolges ebenso wie dessen Ursachen im Laufe der Zeit geändert haben...

The paper investigates whether the presence and tenure of Private Equity (PE) investment in European companies improves their performance. Previous studies documented the unambiguous merit of a buyout during the 1980s and 1990s for listed firms in the US and UK markets. This study analyzes such...

Business leaders, government officials, and academics are focusing considerable attention on the concept of "corporate social responsibility" (CSR), particularly in the realm of environmental protection. Beyond complete compliance with environmental regulations, do firms have additional moral or...

This paper empirically investigates how Chinese executives and managers perceive and interpret corporate social responsibility (CSR), to what extent firms' productive characteristics influence managers' attitudes towards their CSR rating, and whether their values in favour of CSR are positively...

Over the last two decades in OECD countries an increasing number of firms are obtaining certification as Socially Responsible (CSR is the acronym for Corporate Social Responsibility). Several studies (including Preston and O'Bannon, 1997; Waddock and Graves, 1997; McWilliams and Sieger, 2001; Ullman, 1985)...

In this study we examine the relationship between the proportion of women in top management positions at banks and these institutions' financial performance. Using prudential data from supervisory reporting for all credit institutions in the Grand-Duchy of Luxembourg from 1999 to 2013, we find a...