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)|
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Citations of this work BETA
The Level of Compliance with the International Code of Marketing of Breast-Milk Substitutes: Does It Matter to Stock Markets?Andreas G. F. Hoepner, Thereza Raquel Sales de Aguiar & Ravi Majithia - 2014 - Journal of Business Ethics 119 (3):329-348.
Corporate Social Responsibility and Firm Value: Disaggregating the Effects on Cash Flow, Risk and Growth.Alan Gregory, Rajesh Tharyan & Julie Whittaker - 2014 - Journal of Business Ethics 124 (4):1-25.
CSR, Innovation, and Firm Performance in Sluggish Growth Contexts: A Firm-Level Empirical Analysis.Rachel Bocquet, Christian Le Bas, Caroline Mothe & Nicolas Poussing - forthcoming - Journal of Business Ethics.
Whistle-Blowing Systems and Legitimacy Theory: A Study of the Motivation to Implement Whistle-Blowing Systems in German Organizations.Esther Pittroff - 2014 - Journal of Business Ethics 124 (3):399-412.
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