David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Ezio Di Nucci
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 102 (S1):59-76 (2011)
For four decades, research on the role and responsibilities of business in society has centered on the business case for corporate social responsibility (CSR) and an increasing number of studies on the corporate social performance (CSP)—corporate financial performance (CFP) link emerged leading to controversial results. Heeding the call for a deeper understanding of the mechanisms linking certain CSR efforts to certain performance outcomes, this study provides a stakeholder-based organizing framework rooted in an extensive review of existing literature on the link between CSP and CFP. In so doing, we aim at guiding research and practice toward less simplistic understandings of the CSP–CFP connection, thus advancing the debate over the consequences of voluntary integrating CSR into business operations and into relationships with stakeholders. By disentangling specific drivers and outcomes of the CSP–CFP link, we underline the importance of setting clear boundaries and specifying levels of analysis to generate comparable results
|Keywords||Corporate social performance Corporate social responsibility CSP–CFP link Multiple bottom line Stakeholder theory|
|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
Elisabet Garriga & Domènec Melé (2004). Corporate Social Responsibility Theories: Mapping the Territory. [REVIEW] Journal of Business Ethics 53 (1-2):51-71.
Sandro Castaldo, Francesco Perrini, Nicola Misani & Antonio Tencati (2009). The Missing Link Between Corporate Social Responsibility and Consumer Trust: The Case of Fair Trade Products. [REVIEW] Journal of Business Ethics 84 (1):1 - 15.
Archie B. Carroll (1999). Corporate Social Responsibility Evolution of a Definitional Construct. Business and Society 38 (3):268-295.
Christine A. Hemingway & Patrick W. Maclagan (2004). Managers' Personal Values as Drivers of Corporate Social Responsibility. Journal of Business Ethics 50 (1):33-44.
Michael C. Jensen (2002). Value Maximization, Stakeholder Theory, and the Corporate Objective Function. Business Ethics Quarterly 12 (2):235-256.
Citations of this work BETA
Andreas G. F. Hoepner, Thereza Raquel Sales de Aguiar & Ravi Majithia (2014). The Level of Compliance with the International Code of Marketing of Breast-Milk Substitutes: Does It Matter to Stock Markets? Journal of Business Ethics 119 (3):329-348.
Alan Gregory, Rajesh Tharyan & Julie Whittaker (2013). Corporate Social Responsibility and Firm Value: Disaggregating the Effects on Cash Flow, Risk and Growth. Journal of Business Ethics 124 (4):1-25.
Esther Pittroff (2014). Whistle-Blowing Systems and Legitimacy Theory: A Study of the Motivation to Implement Whistle-Blowing Systems in German Organizations. Journal of Business Ethics 124 (3):399-412.
Rachel Bocquet, Christian Le Bas, Caroline Mothe & Nicolas Poussing (forthcoming). CSR, Innovation, and Firm Performance in Sluggish Growth Contexts: A Firm-Level Empirical Analysis. Journal of Business Ethics.
Similar books and articles
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.
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.
Isaiah Yeshayahu Marom (2006). Toward a Unified Theory of the CSP–CFP Link. Journal of Business Ethics 67 (2):191 - 200.
Michael L. Barnett (2005). Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility. Proceedings of the International Association for Business and Society 16:287-292.
Philipp Schreck (2011). Reviewing the Business Case for Corporate Social Responsibility: New Evidence and Analysis. [REVIEW] Journal of Business Ethics 103 (2):167-188.
Daisuke Okamoto (2009). Social Relationship of a Firm and the Csp–Cfp Relationship in Japan: Using Artificial Neural Networks. [REVIEW] Journal of Business Ethics 87 (1):117 - 132.
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.
Marc Orlitzky (2001). Does Firm Size Comfound the Relationship Between Corporate Social Performance and Firm Financial Performance? Journal of Business Ethics 33 (2):167 - 180.
Marc Orlitzky (2011). Institutional Logics in the Study of Organizations. Business Ethics Quarterly 21 (3):409-444.
Hoje Jo & Maretno A. Harjoto (2012). The Causal Effect of Corporate Governance on Corporate Social Responsibility. Journal of Business Ethics 106 (1):53-72.
Heather R. Dixon-Fowler, Daniel J. Slater, Jonathan L. Johnson, Alan E. Ellstrand & Andrea M. Romi (2013). Beyond “Does It Pay to Be Green?” A Meta-Analysis of Moderators of the CEP–CFP Relationship. Journal of Business Ethics 112 (2):353-366.
Steven L. Wartick & John F. Mahon (2009). Corporate Social Performance Profiling. Proceedings of the International Association for Business and Society 20:326-336.
Jean-Pascal Gond (2005). Performing the Positive Relationship Between Corporate Social and Financial Performance. Proceedings of the International Association for Business and Society 16:118-123.
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.
José Salazar, Bryan W. Husted & Markus Biehl (2012). Thoughts on the Evaluation of Corporate Social Performance Through Projects. Journal of Business Ethics 105 (2):175-186.
Added to index2012-01-17
Total downloads34 ( #112,908 of 1,790,225 )
Recent downloads (6 months)2 ( #320,604 of 1,790,225 )
How can I increase my downloads?