The Relationship Between Corporate Social Performance and Corporate Financial Performance in the Banking Sector

Journal of Business Ethics 104 (1):133-148 (2011)
Since the 1970s, many Anglo-American studies have investigated the theme of corporate social responsibility (CSR) and its costs and benefits. Most studies have tried to test, largely in samples of multiple industries, the relationship between corporate social performance (CSP) and corporate financial performance (CFP). These analyses, however, have produced conflicting results and any attempt to give a generalized and coherent conclusion has proved inadequate. This article examines the ways CSP can be proxied and investigates the possible relationship between CSP (measured by ethical rating) and CFP (measured by market and accounting ratios) in the banking sector using correlation methodology. It emerges that there is no statistically significant link between CSP and CFP.
Keywords Banking sector  Corporate financial performance  Corporate social performance  Corporate social responsibility  Correlation
Categories (categorize this paper)
DOI 10.1007/s10551-011-0894-x
 Save to my reading list
Follow the author(s)
Edit this record
My bibliography
Export citation
Find it on Scholar
Mark as duplicate
Request removal from index
Revision history
Download options
Our Archive

Upload a copy of this paper     Check publisher's policy     Papers currently archived: 30,224
Through your library
References found in this work BETA

View all 14 references / Add more references

Citations of this work BETA

Add more citations

Similar books and articles
Stakeholder Influence Capacity and the Variability of Financial Returns to Corporate Social Responsibility.Michael L. Barnett - 2005 - Proceedings of the International Association for Business and Society 16:287-292.
Corporate Social Performance and Geographical Diversification.Stephen Brammer, Stephen Pavelin & Lynda Porter - 2005 - Proceedings of the International Association for Business and Society 16:81-86.
Added to PP index

Total downloads
115 ( #44,114 of 2,192,041 )

Recent downloads (6 months)
11 ( #17,185 of 2,192,041 )

How can I increase my downloads?

Monthly downloads
My notes
Sign in to use this feature