Corporate Social Responsibility and Firm Productivity: Evidence from the Chemical Industry in the United States
David Bourget (Western Ontario)
David Chalmers (ANU, NYU)
Rafael De Clercq
Jack Alan Reynolds
Learn more about PhilPapers
Journal of Business Ethics 118 (2):251-263 (2013)
Prior research suggests that participating in corporate social responsibility (CSR) activities can lead to higher future productivity. However, the empirical evidence is still scarce. The purpose of this study is to examine the relationship between CSR and future firm productivity in the U.S. chemical industry. Specifically, this study examines the relationship between CSR in year t and firm productivity in year (t + 1), (t + 2), and (t + 3). We use Data Envelopment Analysis, a non-parametric method, to measure firm productivity. Results from the regression analysis support a significantly positive relationship between CSR and future firm productivity, suggesting that CSR can lead to higher productivity in the chemical industry. The findings add to the validity of the proposition in prior research
|Keywords||Corporate social responsibility Firm productivity Chemical industry|
|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
Pieter Van Beurden & Tobias Gössling (2008). The Worth of Values: A Literature Review on the Relation Between Corporate Social and Financial Performance. Journal of Business Ethics 82 (2):407 - 424.
Jennifer C. Chen, Dennis M. Patten & Robin W. Roberts (2008). Corporate Charitable Contributions: A Corporate Social Performance or Legitimacy Strategy? [REVIEW] Journal of Business Ethics 82 (1):131 - 144.
Charles H. Cho, Dennis M. Patten & Robin W. Roberts (2006). Corporate Political Strategy: An Examination of the Relation Between Political Expenditures, Environmental Performance, and Environmental Disclosure. [REVIEW] Journal of Business Ethics 67 (2):139 - 154.
Geoff Moore (2001). Corporate Social and Financial Performance: An Investigation in the U.K. Supermarket Industry. [REVIEW] Journal of Business Ethics 34 (3-4):299 - 315.
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.
Citations of this work BETA
No citations found.
Similar books and articles
Christopher Orpen (1987). The Attitudes of United States and South African Managers to Corporate Social Responsibility. Journal of Business Ethics 6 (2):89 - 96.
Diana C. Robertson & Nigel Nicholson (1996). Expressions of Corporate Social Responsibility in U.K. Firms. Journal of Business Ethics 15 (10):1095 - 1106.
Sara A. Morris (2005). Corporate Social Performance in Family Firms. Proceedings of the International Association for Business and Society 16:154-159.
Andrea K. Young (2007). Using Industry Analysis to Develop Boundary Conditions for Responding to the Social Environment. Proceedings of the International Association for Business and Society 18:289-293.
Junwei Shi, Haiyan Fu & Lijun Hu (2007). Social Responsibility, Social Capital, and Corporate Competitive Advantage in Transitional China. International Corporate Responsibility Series 3:377-394.
Louis H. Amato & Christie H. Amato (2007). The Effects of Firm Size and Industry on Corporate Giving. Journal of Business Ethics 72 (3):229 - 241.
James Weber & Jennifer J. Griffin (2005). Industry Social Standings. Proceedings of the International Association for Business and Society 16:190-195.
Hoje Jo & Maretno A. Harjoto (2011). Corporate Governance and Firm Value: The Impact of Corporate Social Responsibility. [REVIEW] Journal of Business Ethics 103 (3):351-383.
Richard H. Guerrette (1986). Environmental Integrity and Corporate Responsibility. Journal of Business Ethics 5 (5):409 - 415.
Johanne Grosvold & Stephen Brammer (2009). Country, Industry, and Firm-Level Influences on the Prevalence of Women on Corporate Boards. Proceedings of the International Association for Business and Society 20:261-277.
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.
Jacob Dahi Rendtorff (2007). The Idea of Corporate Social Responsibility. The Proceedings of the Twenty-First World Congress of Philosophy 1:111-117.
Bryan W. Husted (2005). Risk Management, Real Options, Corporate Social Responsibility. Journal of Business Ethics 60 (2):175 - 183.
Qi Li, Wei Luo, Yaping Wang & Liansheng Wu (2013). Firm Performance, Corporate Ownership, and Corporate Social Responsibility Disclosure in China. Business Ethics 22 (1):159-173.
Maria Joutsenvirta (2011). Setting Boundaries for Corporate Social Responsibility: Firm–NGO Relationship as Discursive Legitimation Struggle. [REVIEW] Journal of Business Ethics 102 (1):57-75.
Added to index2012-12-02
Total downloads7 ( #263,048 of 1,696,514 )
Recent downloads (6 months)2 ( #246,076 of 1,696,514 )
How can I increase my downloads?