Corporate social and financial performance: An investigation in the U.k. Supermarket industry [Book Review]
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 34 (3-4):299 - 315 (2001)
The comparison of corporate social performance with corporate financial performance has been a popular field of study over the past 25 years. The results, while broadly conclusive of a positive relationship, are not entirely consistent. In addition, most of the previous studies have concentrated on large-scale cross-industry studies and often with a single variable for corporate social performance, in order to produce statistically significant results. This weakens the richness of understanding that might be obtained from a single industry study with multiple social variables, which would also allow investigation of inter-relationships between individual and sub-sets of social performance measures and between individual and sub-sets of social performance and financial performance measures. There have also been criticisms that the results lack a rigorous theoretical basis, and the paper demonstrates clearly how stakeholder theory must form the basis for this area of research. Following a review of the literature this paper presents the initial findings from a study of the U.K. Supermarket industry which suggest that contemporaneous social and financial performance are negatively related, while prior-period financial performance is positively related with subsequent social performance. Positive relationships between both age and size of the company with social performance are also found.
|Keywords||business-ethics corporate-financial-performance corporate-social-performance corporate-social-responsibility U.K.-supermarkets|
|Categories||categorize this paper)|
Setup an account with your affiliations in order to access resources via your University's proxy server
Configure custom proxy (use this if your affiliation does not provide a proxy)
|Through your library|
References found in this work BETA
No references found.
Citations of this work BETA
Supriti Mishra & Damodar Suar (2010). Does Corporate Social Responsibility Influence Firm Performance of Indian Companies? Journal of Business Ethics 95 (4):571 - 601.
Belaid Rettab, Anis Ben Brik & Kamel Mellahi (2009). A Study of Management Perceptions of the Impact of Corporate Social Responsibility on Organisational Performance in Emerging Economies: The Case of Dubai. [REVIEW] Journal of Business Ethics 89 (3):371 - 390.
Niklas Egels-Zandén & Joakim Sandberg (2010). Distinctions in Descriptive and Instrumental Stakeholder Theory: A Challenge for Empirical Research. Business Ethics: A European Review 19 (1):35-49.
Robert C. Padgett & Jose I. Galan (2010). The Effect of R&D Intensity on Corporate Social Responsibility. Journal of Business Ethics 93 (3):407 - 418.
Chung-Hua Shen & Yuan Chang (2009). Ambition Versus Conscience, Does Corporate Social Responsibility Pay Off? The Application of Matching Methods. Journal of Business Ethics 88 (1):133 - 153.
Similar books and articles
Bruce Seifert, Sara A. Morris & Barbara R. Bartkus (2003). Comparing Big Givers and Small Givers: Financial Correlates of Corporate Philanthropy. [REVIEW] Journal of Business Ethics 45 (3):195 - 211.
Maria-Gaia Soana (2011). The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector. Journal of Business Ethics 104 (1):133-148.
Curtis C. Verschoor (1998). A Study of the Link Between a Corporation's Financial Performance and its Commitment to Ethics. Journal of Business Ethics 17 (13):1509-1516.
Gerwin Van Der Laan, Hans Van Ees & Arjen Van Witteloostuijn (2008). Corporate Social and Financial Performance: An Extended Stakeholder Theory, and Empirical Test with Accounting Measures. Journal of Business Ethics 79 (3):299 - 310.
Geoff Moore & Andy Robson (2002). The UK Supermarket Industry: An Analysis of Corporate Social and Financial Performance. Business Ethics 11 (1):25–39.
William Q. Judge (1994). Correlates of Organizational Effectiveness: A Multilevel Analysis of a Multidimensional Outcome. [REVIEW] Journal of Business Ethics 13 (1):1 - 10.
Bernadette M. Ruf, Krishnamurty Muralidhar, Robert M. Brown, Jay J. Janney & Karen Paul (2001). An Empirical Investigation of the Relationship Between Change in Corporate Social Performance and Financial Performance: A Stakeholder Theory Perspective. [REVIEW] Journal of Business Ethics 32 (2):143 - 156.
Philip L. Baird, Pinar Celikkol Geylani & Jeffrey A. Roberts (2012). Corporate Social and Financial Performance Re-Examined: Industry Effects in a Linear Mixed Model Analysis. [REVIEW] Journal of Business Ethics 109 (3):367-388.
Peter A. Stanwick & Sarah D. Stanwick (1998). The Relationship Between Corporate Social Performance, and Organizational Size, Financial Performance, and Environmental Performance: An Empirical Examination. [REVIEW] Journal of Business Ethics 17 (2):195-204.
W. Gary Simpson & Theodor Kohers (2002). The Link Between Corporate Social and Financial Performance: Evidence From the Banking Industry. [REVIEW] Journal of Business Ethics 35 (2):97 - 109.
Added to index2009-01-28
Total downloads38 ( #71,355 of 1,699,807 )
Recent downloads (6 months)5 ( #128,702 of 1,699,807 )
How can I increase my downloads?