A study of the link between a corporation's financial performance and its commitment to ethics

Journal of Business Ethics 17 (13):1509-1516 (1998)
  Copy   BIBTEX


A number of studies have tested the relationship between a corporation's social and ethical performance and its financial performance. In contrast, this is the first study to demonstrate a link between overall financial performance and an emphasis on ethics as an aspect of corporate governance. It identifies the 26.8 percent of the 500 largest U.S. public corporations that, in their annual report to shareholders, commit to ethical behavior toward their stakeholders or emphasize compliance with their code of conduct. The financial performance of these corporations ranks higher than that of those who do not at a significance level of p = < 0.005, using the 1997 Business Week ranking which averages eight publicly-reported measures of historical financial performance. These findings should motivate more corporations to utilize the principles of Social and Ethical Accounting, Auditing and Reporting (SEAAR).



    Upload a copy of this work     Papers currently archived: 93,127

External links

Setup an account with your affiliations in order to access resources via your University's proxy server

Through your library

Similar books and articles

Toward a Unified Theory of the CSP–CFP Link.Isaiah Yeshayahu Marom - 2006 - Journal of Business Ethics 67 (2):191-200.
The business value of ESG performance: the Indian context.Indra Vardhan Trivedi & Hemlata Chelawat - 2016 - Asian Journal of Business Ethics 5 (1 - 2):195-210.
Business Ethics and the Social Sciences.Linda Klebe Treviño - 1999 - In Robert Frederick (ed.), A companion to business ethics. Malden, Mass.: Blackwell. pp. 218–230.


Added to PP

14 (#1,020,370)

6 months
198 (#15,226)

Historical graph of downloads
How can I increase my downloads?