5 found
  1.  19
    Corporate Social Responsibility and Resource-Based Perspectives.Manuel Castelo Branco & Lúcia Lima Rodrigues - 2006 - Journal of Business Ethics 69 (2):111-132.
    Firms engage in corporate social responsibility (CSR) because they consider that some kind of competitive advantage accrues to them. We contend that resource-based perspectives (RBP) are useful to understand why firms engage in CSR activities and disclosure. From a resource-based perspective CSR is seen as providing internal or external benefits, or both. Investments in socially responsible activities may have internal benefits by helping a firm to develop new resources and capabilities which are related namely to know-how and corporate culture. In (...)
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  2.  12
    Factors Influencing Social Responsibility Disclosure by Portuguese Companies.Manuel Castelo Branco & Lúcia Lima Rodrigues - 2008 - Journal of Business Ethics 83 (4):685-701.
    This study compares the Internet (corporate web pages) and annual reports as media of social responsibility disclosure (SRD) and analyses what influences disclosure. It examines SRD on the Internet by Portuguese listed companies in 2004 and compares the Internet and 2003 annual reports as disclosure media. The results are interpreted through the lens of a multi-theoretical framework. According to the framework adopted, companies disclose social responsibility information to present a socially responsible image so that they can legitimise their behaviours to (...)
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  3.  12
    The Value Relevance of Reputation for Sustainability Leadership.Isabel Costa Lourenço, Jeffrey Lawrence Callen, Manuel Castelo Branco & José Dias Curto - 2014 - Journal of Business Ethics 119 (1):17-28.
    This study investigates whether the market valuation of the two summary accounting measures, book value of equity and net income, is higher for firms with reputation for sustainability leadership, when compared to firms that do not enjoy such reputation. The results are interpreted through the lens of a framework combining signalling theory and resource-based theory, according to which firms signal their commitment to sustainability to influence the external perception of reputation. A firm’s reputation for being committed to sustainability is an (...)
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    Disclosure Responses to a Corruption Scandal: The Case of Siemens AG.Renata Blanc, Charles H. Cho, Joanne Sopt & Manuel Castelo Branco - 2019 - Journal of Business Ethics 156 (2):545-561.
    In the current study, we examine the changes in disclosure practices on compliance and the fight against corruption at Siemens AG, a large German multinational corporation, over the period 2000–2011 during which a major corruption scandal was revealed. More specifically, we conduct a content analysis of the company’s annual reports and sustainability reports during that period to investigate the changes of Siemens’ corruption and compliance disclosure using both quantitative and qualitative methods. Through the lens of legitimacy theory, stakeholder analysis, and (...)
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    How Does the Market Value Corporate Sustainability Performance?Isabel Costa Lourenço, Manuel Castelo Branco, José Dias Curto & Teresa Eugénio - 2012 - Journal of Business Ethics 108 (4):417 - 428.
    This study provides empirical evidence on how corporate sustainability performance (CSP), as proxied by membership of the Dow Jones sustainability index, is reflected in the market value of equity. Using a theoretical framework combining institutional perspectives, stake-holder theory, and resource-based perspectives, we develop a set of hypotheses that relate the market value of equity to CSP. For a sample of North American firms, our preliminary results show that CSP has significant explanatory power for stock prices over the traditional summary accounting (...)
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