The DOI matches its Crossref record; 7 of the 7 references it cites were found in a registry or an index.
Corporate social responsibility and firm performance: Investor preferences and corporate strategies
Open accessAbstract
We address the debate about whether firms should engage in socially responsible behavior by proposing a theoretical model in which the supply of and demand for socially responsible investment opportunities determine whether these activities will improve, reduce, or have no impact on a firm's market value. The theory shows that managers in publicly traded firms might fund socially responsible activities that do not maximize the present value of their firm's future cash flows yet still maximize the market value of the firm.
Overview
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Integrity signals
Registry
Cites
Statistics
Verification
Claims the paper makes
The claims and statistics of this paper haven’t been checked yet.
Run the check — free, no account needed. It reads the open-access text and checks the sources it cites.
Self-check
Percentages, sums and reported differences re-computed from the paper’s own numbers.
The self-check needs the paper’s full text.
Citations
Cites
Firm Resources and Sustained Competitive Advantage
Barney, J. (1991) · Journal of Management · doi:10.1177/014920639101700108 · Cited by 48,334
Self-citationTversky, A., & Kahneman, D. (1974) · Science · doi:10.1126/science.185.4157.1124 · Cited by 28,810
Efficient capital markets: A review of theory and empirical work
Fama, E. F. (1970) · The Journal of Finance · doi:10.2307/2325486 · Cited by 13,635
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
Strategic Factor Markets: Expectations, Luck, and Business Strategy
Barney, J. B. (1986) · Management Science · doi:10.1287/mnsc.32.10.1231 · Cited by 5,548
Self-citationTheory of the Firm: Managerial Behavior, Agency Costs and Ownership Structure
Jensen (Deceased), M. C., & Meckling, W. H. (1998) · doi:10.2139/ssrn.94043 · Cited by 2,749
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
Research works printed but not linked: 53
- Aguilera R. V., 2007, Academy of Management Review, 32, 836, 10.5465/AMR.2007.25275678 · DOI · Paper page
- Alchian A., 1950, Journal of Political Economy, 58, 211, 10.1086/256940 · DOI
- Banfield E. C. 1985.Are homo economicus and homo politicus kin? In Here the people rule: Selected essays: 384–395. New York: Plenum Press. · DOI
- Barney J. B., 2002, Gaining and sustaining competitive advantage
- Belkaoui A., 1976, Financial Management, 5, 26, 10.2307/3665454 · DOI · Paper page
- Bragdon J. H., 1972, Risk Management, 19, 9
- Brealey R., 2003, Principles of corporate finance
- Carroll A. B., 1995, Understanding stakeholder thinking, 47
- Clarkson M. B. E., 1995, Academy of Management Review, 20, 92, 10.5465/amr.1995.9503271994 · DOI
- Copeland T., 1994, Valuation
- Coyne K. R., 2002, Harvard Business Review, 80, 68
- Davis K., 1973, Academy of Management Journal, 16, 312
- Dierickx I., 1989, Management Science, 35, 1504, 10.1287/mnsc.35.12.1504 · DOI · Paper page
- Donaldson T., 1995, Academy of Management Review, 20, 65, 10.5465/amr.1995.9503271992 · DOI · Paper page
- Fairfax L. M., 2002, Washington and Lee Law Review, 59, 409
- Fama E. F., 1998, Journal of Financial Economics, 49, 283, 10.1016/S0304-405X(98)00026-9 · DOI
- Freedman M., 1991, Accounting, Auditing and Accountability Journal, 4, 68, 10.1108/09513579110142480 · DOI
- Freeman R., 1984, Strategic management: A stakeholder perspective
- Friedman M., 1962, Capitalism and freedom
- Geczy C. C, 2003, Working paper, Wharton School
- Godfrey P. C., 2004, Academy of Management Review, 30, 777, 10.5465/amr.2005.18378878 · DOI · Paper page
- Grass M., 1999, Michigan Daily, October, 29, 7
- Jensen M., 1976, Journal of Financial Economics, 3, 305, 10.1016/0304-405X(76)90026-X · DOI · Paper page
- Karpoff J. M., 1987, Journal of Financial and Quantitative Analysis, 22, 109, 10.2307/2330874 · DOI · Paper page
- Lavelle L., 2004, Business Week, 7, 114
- Margolis J. D., 2003, Administrative Science Quarterly, 48, 268, 10.2307/3556659 · DOI · Paper page
- Margolis J. D., 2001, People and profits? The search for a link between a company’s social and financial performance, 10.4324/9781410600622 · DOI · Paper page
- McWilliams A., 2001, Academy of Management Review, 26, 117, 10.5465/amr.2001.4011987 · DOI · Paper page
- Mitchell R., 1997, Academy of Management Review, 22, 853, 10.5465/amr.1997.9711022105 · DOI · Paper page
- Moskowitz M., 1975, Business and Society Review, 13, 28
- Paine L. S., 2002, Value shift
- Peteraf M. A., 2003, Managerial and Decision Economics, 24, 309, 10.1002/mde.1126 · DOI · Paper page
- Schiller R. J., 1999, Handbook of macroeconomics, 1, 1305, 10.1016/S1574-0048(99)10033-8 · DOI
- Schiller R. J., 2000, Irrational exuberance
- Schneider S. C., 2005, Working paper
- Shane P. B., 1983, Accounting Review, 58, 521
- Shefrin H., 2000, Beyond greed and fear: Understanding behavioral finance and the psychology of investing
- Simon W. H., 1993, Washington and Lee Law Review, 50, 1697
- Spicer B. H., 1978, Accounting Review, 53, 94
- Swanson D. L., 1999, Academy of Management Review, 24, 506, 10.5465/amr.1999.2202134 · DOI · Paper page
- Thaler R., 1987, Journal of Economic Perspectives, 1, 197, 10.1257/jep.1.1.197 · DOI · Paper page
- Thaler R., 1987, Journal of Economic Perspectives, 1, 169, 10.1257/jep.1.2.169 · DOI
- Waddock S. A., 2004, Business and Society Review, 109, 5, 10.1111/j.0045-3609.2004.00002.x · DOI · Paper page
- Waddock S. A., 2006, The accountable corporation, 4, 75
- Waddock S. A., 1997, Strategic Management Journal, 18, 303, 10.1002/(SICI)1097-0266(199704)18:4<303::AID-SMJ869>3.0.CO;2-G · DOI · Paper page
- Wang J., 1994, Journal of Political Economy, 102, 127, 10.1086/261924 · DOI · Paper page
- Wartick S. L., 1985, Academy of Management Review, 10, 758, 10.5465/amr.1985.4279099 · DOI · Paper page
- Whetten D. A., 2004, An identity-congruence explanation of consistently high corporate social performance ratings
- Whetten D. A., 2001, Handbook of strategy and management, 373
- Windsor D., 2001, Academy of Management Review, 26, 502
- Wood D. J., 1991, Academy of Management Review, 16, 691, 10.5465/amr.1991.4279616 · DOI
- Wood D. J., 1991, Journal of Management, 17, 383, 10.1177/014920639101700206 · DOI · Paper page
- Wright P., 1997, Strategic Management Journal, 18, 77, 10.1002/(SICI)1097-0266(199701)18:1<77::AID-SMJ810>3.0.CO;2-R · DOI
Cited by
Scherer, A. G., & Palazzo, G. (2011) · Journal of Management Studies · doi:10.1111/j.1467-6486.2010.00950.x · Cited by 2,131
Mandatory CSR and sustainability reporting: economic analysis and literature review
Christensen, H. B., Hail, L., & Leuz, C. (2021) · Review of Accounting Studies · doi:10.1007/s11142-021-09609-5 · Cited by 1,923
ESG: Research Progress and Future Prospects
Li, T.-T., Wang, K., Sueyoshi, T., & Wang, D. D. (2021) · Sustainability · doi:10.3390/su132111663 · Cited by 779
Business sustainability performance and cost of equity capital
Ng, A. C., & Rezaee, Z. (2015) · Journal of Corporate Finance · doi:10.1016/j.jcorpfin.2015.08.003 · Cited by 650
Keeping up Appearances: Reputational Threat and Impression Management after Social Movement Boycotts
McDonnell, M.-H., & King, B. (2013) · Administrative Science Quarterly · doi:10.1177/0001839213500032 · Cited by 618
Metadata
- Authors
- Mackey, A., Mackey, T. B., & Barney, J. B.
- Venue
- Academy of Management Review
- Publisher
- Academy of Management
- Published
- 2007-07
- Volume
- 32
- Issue
- 3
- Pages
- 817-835
- ISSN
- 0363-7425 (ISSN-L)
- 1930-3807
- OpenAlex
- W2087008239
- Cited by
- 1,182
- References
- 7
- FWCI
- 113.75
- Type
- journal article
- Language
- en
- Open access
- green
About these checks
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.
Statistics and arithmetic are recomputed, not judged.
Confidence bands are shown only for fields calibrated on our annotated test set. None is calibrated yet, so no band is shown.
What counts as a claim ›How we measure confidence ›How we check this ›
Are you an author, or do you see a problem with this page? Request a review
How to cite
Cite CoChat for the checks on this page, and the paper for its own findings.
- This page
- CoChat. (2026). Citation check: Corporate social responsibility and firm performance: Investor preferences and corporate strategies. https://app.cochat.ai/papers/10.5465/amr.2007.25275676
- The paper
- Mackey, A., Mackey, T. B., & Barney, J. B. (2007). Corporate social responsibility and firm performance: Investor preferences and corporate strategies. Academy of Management Review. https://doi.org/10.5465/amr.2007.25275676
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.