The aim of this paper is to investigate the influence of corporate social performance (CSP) dimensions on corporate financial performance (CFP). It contributes to the literature by exploring a new CSP dataset, by using a more fine-grained CSP measure than prior studies, by explicitly taking...

In this paper, we re-examine the notion that socially-responsible behavior by firms will lead to increased financial performance. By identifying the underlying processes, institutional settings and actors involved, we present a framework that is more attentive to the multiplicity and...

In this article, we use a meta-analysis to examine the performance of socially responsible investing (SRI). After a thorough literature search, we review 153 empirical studies containing 1,047 observations of SRI performance. We find that, on average, SRI neither outperforms nor underperforms...

Shareholder activism constitutes an increasingly prominent feature of corporate governance landscape. There is a controversy in prior research over whether and how much value activism creates. We examine whether estimates of the impact of shareholder activism are published selectively in prior...

I collect 1,186 reported estimates of long-run value creation from 49 studies and present the first meta-analysis of the literature on shareholder activism and its effect on firm value in the longrun. This synthesis is necessary because shareholder activism is increasing over time and across...

Die Implementierung einer gesellschaftlichen Verantwortung von Unternehmen, auch Corporate Social Responsibility (CSR) genannt, entwickelt sich zunehmend zu einem bedeutenden Managementkonzept der strategischen Unternehmensführung in der Praxis. Von dieser Entwicklung ist insbesondere das...

Einhergehend mit der fortschreitenden ganzheitlichen Integration von Corporate Social Responsibility (CSR) in die Geschäftsmodelle und -strategien global agierender Unternehmen wächst die Herausforderung an das Management, ein umfassendes nachhaltiges Unternehmensleitbild zu gestalten....