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Over the last decades, management scholars have tried to examine whether profitability can be achieved with actions that also improve social and environmental performance. More recently, this debate has gained new traction with the emergence of the so-called "impact investors," who not only...
Persistent link: https://www.econbiz.de/10011318557
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/10003761387
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Environmental, social, and governance (ESG) investing in the corporate real estate industry has notably increased since the mid-2000s. Utilizing PVAR-Granger causality model and a fixed-effects panel data model with a rich dataset comprising 234 ESG-rated REITs across five developed economies...
Persistent link: https://www.econbiz.de/10012543638
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, which only holds in the long-term but not in the short-term. Further, we find support for a moderating effect of innovation … in the long-term, innovation mediates the ESP-CFP relationship suggesting that innovation should be considered as a long …
Persistent link: https://www.econbiz.de/10011383084
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Social innovation is booming as a political buzzword. However, the concept still lacks scientific analysis, a common … corporate social innovation by detaching the concept from the government and NPO sector. It suggests defining social innovation … by its social means and social ends. The term "social" not only refers to the non-material nature of innovation and its …
Persistent link: https://www.econbiz.de/10011392376