The association between corporate social-responsibility and financial performance: The paradox of social cost
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Some studies suggest that a genuine commitment to sustainability can inversely impact firm performance.
“Some studies suggest that a genuine commitment to sustainability can inversely impact firm performance (Pava & Krausz, 1996) while others show that both variables (sometimes through a mediator) are mutually compatible and have a positive sum (Ren, Fan, & Tang, 2022;Ren, Jiang, & Tang, 2022;Úbeda-García et al., 2021).”
From Advancing the sustainability agenda through strategic human resource management: Insights and suggestions for future research (2023) · cites this paper as Pava & Krausz, 1996
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The Sustainability Balanced Scorecard—Linking sustainability management to business strategy
Figge, F., Hahn, T., Schaltegger, S., & Wagner, M. (2002) · Business Strategy and the Environment · doi:10.1002/bse.339 · Cited by 1,245 · see citing works
Ren, S., Cooke, F. L., Stahl, G. K., Fan, D., & Timming, A. R. (2023) · Human Resource Management · doi:10.1002/hrm.22169 · Cited by 148 · see citing works
Constructing a Corporate Social Responsibility Reputation Using Corporate Image Advertising
Pomering, A., & Johnson, L. W. (2009) · Australasian Marketing Journal · doi:10.1016/j.ausmj.2009.05.006 · Cited by 144 · see citing works
- Authors
- Pava, M. L., & Krausz, J.
- Affiliations
- Yeshiva University (US)
- ORCID
- Pava, Moses L.
- Venue
- Journal of Business Ethics
- Published
- 1996-03
- Volume
- 15
- Issue
- 3
- Pages
- 321-357
- ISSN
- 0167-4544 (ISSN-L)
- 1573-0697
- OpenAlex
- W1973295309
- Cited by
- 883
- References
- 0
- Citations by year
- 2026: 12 · 2025: 11 · 2024: 29 · 2023: 23 · 2022: 35 · 2021: 48 · 2020: 45 · 2019: 76 · 2018: 43 · 2017: 45 · 2016: 49 · 2015: 58 · 2014: 61 · 2013: 45 · 2012: 41
- FWCI
- 17.29
- Type
- journal article
- Language
- en
- Open access
- closed
- Licence
- www.springer.com/tdm (tdm)
- Locations
- Journal of Business Ethics (publishedVersion)
- DigitalGeorgetown (Georgetown University Library) (submittedVersion)
- Topics
- Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
- Social Sciences › Economics, Econometrics and Finance › Finance › Sustainable Finance and Green Bonds
- Social Sciences › Economics, Econometrics and Finance › Finance › Financial Markets and Investment Strategies
- Keywords
- corporate social responsibility, financial performance, socially responsible investment, social screening, investor preferences, institutional investors, portfolio diversification
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Registry, retraction, Cites and statistics results are computed, not judged, with one exception: a printed reference that no index lists is read once by a model before it counts as a citation error. Claims are extracted by a model and kept only when their quote appears verbatim in the text; each cited source is then checked, with a model’s help, for whether it says what the claim relies on. Those verdicts can be wrong — read the claim’s quote and the cited source before relying on one.
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