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The Relationship between Social and Financial Performance: Repainting a Portrait
Abstract
A primary issue in the field of business and society over the past 25 years has been the relationship between corporate social performance and corporate financial performance. Recently, Griffin and Mahon (1997) presented a table categorizing studies that have investigated this relationship. Motivated by concerns with this table, as well as a desire to account for progress in research in this area, the authors reconstructed it. The authors present a portrait of this relationship that is (a) substantially different from that shown in the Griffin and Mahon table and (b) more consistent with the latest research on the topic.
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Citations
Cited by
Corporate Social and Financial Performance: A Meta-Analysis
Orlitzky, M., Schmidt, F. L., & Rynes, S. L. (2003) · Organization Studies · doi:10.1177/0170840603024003910 · Cited by 7,641
Misery Loves Companies: Rethinking Social Initiatives by Business
Margolis, J. D., & Walsh, J. P. (2003) · Administrative Science Quarterly · doi:10.2307/3556659 · Cited by 5,130
Godfrey, P. C. (2005) · Academy of Management Review · doi:10.5465/amr.2005.18378878 · Cited by 2,839
The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness
Servaes, H., & Tamayo, A. (2013) · Management Science · doi:10.1287/mnsc.1120.1630 · Cited by 2,534
Barnett, M. L. (2007) · Academy of Management Review · doi:10.5465/amr.2007.25275520 · Cited by 2,060
Metadata
- Authors
- Roman, R. M., Hayibor, S., & Agle, B. R.
- Venue
- Business & Society
- Publisher
- SAGE Publications
- Published
- 1999-03
- Volume
- 38
- Issue
- 1
- Pages
- 109-125
- ISSN
- 0007-6503 (ISSN-L)
- 1552-4205
- OpenAlex
- W2011210549
- Cited by
- 577
- References
- 0
- FWCI
- 22.21
- Type
- journal article
- Language
- en
- Open access
- closed
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- CoChat. (2026). Citation check: The Relationship between Social and Financial Performance: Repainting a Portrait. https://app.cochat.ai/papers/10.1177/000765039903800105
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- Roman, R. M., Hayibor, S., & Agle, B. R. (1999). The Relationship between Social and Financial Performance: Repainting a Portrait. Business & Society. https://doi.org/10.1177/000765039903800105
Data sources
Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.
