The DOI matches its Crossref record; 4 of the 4 references it cites were found in a registry or an index.
Using Corporate Social Responsibility as Insurance for Financial Performance
Abstract
This article provides a framework for simultaneously assessing the affirmative and defensive functions of Corporate Social Responsibility. It is based on integrating two traditionally distinct approaches to CSR: one views it as compatible with economic objectives, while the other regards it as incompatible with them. By bringing these two approaches together and recognizing CSR's multiple functions, this article analyzes how CSR can offer a crucial advantage to managers by providing a means of insuring financial performance against negative events. This latent insurance value is often ignored in traditional evaluations of the relationship between CSR and financial performance.
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Citations
Cites
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
Does Doing Good Always Lead to Doing Better? Consumer Reactions to Corporate Social Responsibility
Sen, S., & Bhattacharya, C. B. (2001) · Journal of Marketing Research · doi:10.1509/jmkr.38.2.225.18838 · Cited by 4,659
When Is Honesty the Best Policy? The Effect of Stated Company Intent on Consumer Skepticism
Foreh, M. R., & Grier, S. (2003) · Journal of Consumer Psychology · doi:10.1207/s15327663jcp1303_15 · Cited by 1,003
Environmental disclosures, regulatory costs, and changes in firm value
Blacconiere, W. G., & Patten, D. M. (1994) · Journal of Accounting and Economics · doi:10.1016/0165-4101(94)90026-4 · Cited by 782
Cited by
Corporate social responsibility and shareholder reaction: The environmental awareness of investors
Flammer, C. (2013) · Academy of Management Journal · doi:10.5465/amj.2011.0744 · Cited by 1,744
Reaping relational rewards from corporate social responsibility: The role of competitive positioning
Du, S., Bhattacharya, C. B., & Sen, S. (2007) · International Journal of Research in Marketing · doi:10.1016/j.ijresmar.2007.01.001 · Cited by 1,295
Luo, X., & Bhattacharya, C. B. (2009) · Journal of Marketing · doi:10.1509/jmkg.73.6.198 · Cited by 962
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 social responsibility in the extractive industries: Experiences from developing countries
Hilson, G. (2012) · Resources Policy · doi:10.1016/j.resourpol.2012.01.002 · Cited by 361
Metadata
- Authors
- Peloza, J.
- Venue
- California Management Review
- Publisher
- SAGE Publications
- Published
- 2006-01
- Volume
- 48
- Issue
- 2
- Pages
- 52-72
- ISSN
- 0008-1256 (ISSN-L)
- 2162-8564
- OpenAlex
- W2131863305
- Cited by
- 551
- References
- 4
- FWCI
- 32.36
- 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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