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Does Corporate Social Responsibility Affect the Performance of Firms? AgEcon
Poddi, Laura; Vergalli, Sergio.
Over the last two decades in OECD countries increasingly more firms are certifying as Socially Responsible (CSR is the acronym for Corporate Social Responsibility). This kind of certification is assigned by private companies that guarantee that a certain firm’s behaviour is environmentally and sociologically correct. Some papers (including Preston and O’Bannon, 1997; Waddock and Graves, 1997; McWilliams and Sieger, 2001; Ullman, 1985) tried to establish if there exists a link between Social Responsibility certification and the performance of firms. Their results were ambiguous and did not show any common connection. This ambiguity depends mainly on the static nature of their analyses and on the problem of whether performance is affected more by...
Tipo: Working or Discussion Paper Palavras-chave: Corporate Social Responsibility; Growth; Institutional and Behavioral Economics; M14; C23; O10.
Ano: 2009 URL: http://purl.umn.edu/52531
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