The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Corporate Social Performance and Firm Risk: A Meta-Analytic Review
Abstract
Building on earlier work on the relationship between corporate social performance (CSP) and a firm’s financial performance, this integrative empirical study supports the theoretical argument that the higher a firm’s CSP the lower its financial risk. Specifically, the relationship between CSP and risk appears to be one of reciprocal causality, because prior CSP is negatively related to subsequent financial risk, and prior financial risk is negatively related to subsequent CSP. Additionally, CSP is more strongly correlated with measures of market risk than measures of accounting risk. Of all CSP measures, reputation for social responsibility appears to be the most important one in terms of its risk implications.
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Cites
Coase, R. H. (1937) · Economica · doi:10.1111/j.1468-0335.1937.tb00002.x · Cited by 23,972
CAPITAL ASSET PRICES: A THEORY OF MARKET EQUILIBRIUM UNDER CONDITIONS OF RISK*
Sharpe, W. F. (1964) · The Journal of Finance · doi:10.1111/j.1540-6261.1964.tb02865.x · Cited by 19,441
STAKEHOLDER MISMATCHING: A THEORETICAL PROBLEM IN EMPIRICAL RESEARCH ON CORPORATE SOCIAL PERFORMANCE
Wood, D. J., & Jones, R. E. (1995) · The International Journal of Organizational Analysis · doi:10.1108/eb028831 · Cited by 1,069
An investigation of corporate social responsibility reputation and economic performance
Herremans, I. M., Akathaporn, P., & McInnes, M. (1993) · Accounting, Organizations and Society · doi:10.1016/0361-3682(93)90044-7 · Cited by 391
Cited by
Environmental risk management and the cost of capital
Sharfman, M. P., & Fernando, C. S. (2008) · Strategic Management Journal · doi:10.1002/smj.678 · Cited by 1,530
The long‐term benefits of organizational resilience through sustainable business practices
Ortiz‐de‐Mandojana, N., & Bansal, P. (2016) · Strategic Management Journal · doi:10.1002/smj.2410 · Cited by 1,260
Signaling through corporate accountability reporting
Lys, T., Naughton, J. P., & Wang, C. (2015) · Journal of Accounting and Economics · doi:10.1016/j.jacceco.2015.03.001 · Cited by 952
Corporate reputation: A combination of social responsibility and industry
Melo, T., & Garrido‐Morgado, A. (2012) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.260 · Cited by 476
MANCHIRAJU, H., & RAJGOPAL, S. (2017) · Journal of Accounting Research · doi:10.1111/1475-679x.12174 · Cited by 440
Busch, T., & Friede, G. (2018) · Corporate Social Responsibility and Environmental Management · doi:10.1002/csr.1480 · Cited by 345
Value in Informational Capitalism and on the Internet
Arvidsson, A., & Colleoni, E. (2012) · The Information Society · doi:10.1080/01972243.2012.669449 · Cited by 281
Signaling Sustainability Leadership: Empirical Evidence of the Value of DJSI Membership
Robinson, M., Kleffner, A., & Bertels, S. (2011) · Journal of Business Ethics · doi:10.1007/s10551-011-0735-y · Cited by 260
Bridging corporate social responsibility and social impact assessment
Bice, S. (2015) · Impact Assessment and Project Appraisal · doi:10.1080/14615517.2014.983710 · Cited by 36
Metadata
- Authors
- Orlitzky, M., & Benjamin, J. D.
- Venue
- Business & Society
- Publisher
- SAGE Publications
- Published
- 2001-12
- Volume
- 40
- Issue
- 4
- Pages
- 369-396
- ISSN
- 0007-6503 (ISSN-L)
- 1552-4205
- OpenAlex
- W2048220963
- Cited by
- 1,060
- References
- 4
- FWCI
- 11.05
- Type
- journal article
- Language
- en
- Open access
- closed
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Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
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