Corporate Social Responsibility and Firm Performance: The Moderating Role of Reputation and Institutional Investors

作者: Marwan Alshammari

DOI: 10.5539/IJBM.V10N6P15

关键词:

摘要: Drawing on the institutional theory, stakeholder perspective, and ownership literature corporate social responsibility, this article sheds light relationship between firm performance financial of firm. Singularly, paper explores a moderating effect both reputation as proxy for activities’ publicity investors in The proposes that expected positive impact CSR performance. Such that, can best benefit from activities when it has good among major stakeholders. owners is to positively moderate Overall, suggests structure, well consistent will have influence extent which may its would open new avenue research governance structure with regard Implications academics practitioners are discussed suggestions future provided.

参考文章(61)
Brian J. Bushee, The Influence of Institutional Investors on Myopic R&D Investment Behavior Social Science Research Network. ,(1999)
Zhi Tang, Clyde Eiríkur Hull, Sandra Rothenberg, How Corporate Social Responsibility Engagement Strategy Moderates the CSR-Financial Performance Relationship Journal of Management Studies. ,vol. 49, pp. 1274- 1303 ,(2012) , 10.1111/J.1467-6486.2012.01068.X
Christine M. Riordan, Robert D. Gatewood, Jodi Barnes Bill, Corporate image: Employee reactions and implications for managing corporate social performance Journal of Business Ethics. ,vol. 16, pp. 401- 412 ,(1997) , 10.1023/A:1017989205184
Margaret L. Andersen, Lori Olsen, Corporate Social and Financial Performance: A Canonical Correlation Analysis Academy of Accounting and Financial Studies Journal. ,vol. 15, pp. 17- ,(2011)
Collins G. Ntim, Teerooven Soobaroyen, Corporate Governance and Performance in Socially Responsible Corporations: New Empirical Insights from a Neo‐Institutional Framework Corporate Governance: An International Review. ,vol. 21, pp. 468- 494 ,(2013) , 10.1111/CORG.12026
Frank den Hond, Kathleen A. Rehbein, Frank G. A. de Bakker, Hilde Kooijmans-van Lankveld, Playing on Two Chessboards: Reputation Effects between Corporate Social Responsibility (CSR) and Corporate Political Activity (CPA) Journal of Management Studies. ,vol. 51, pp. 790- 813 ,(2014) , 10.1111/JOMS.12063
Paul Cox, Stephen Brammer, Andrew Millington, An Empirical Examination of Institutional Investor Preferences for Corporate Social Performance Journal of Business Ethics. ,vol. 52, pp. 27- 43 ,(2004) , 10.1023/B:BUSI.0000033105.77051.9D
Shih-wei Wu, Fengyi Lin, Chia-ming Wu, Corporate Social Responsibility and Cost of Capital: An Empirical Study of the Taiwan Stock Market Emerging Markets Finance and Trade. ,vol. 50, pp. 107- 120 ,(2014) , 10.2753/REE1540-496X5001S107
Michael V. Russo, Paul A. Fouts, A Resource-Based Perspective On Corporate Environmental Performance And Profitability Academy of Management Journal. ,vol. 40, pp. 534- 559 ,(1997) , 10.5465/257052
P. L. Cochran, R. A. Wood, Corporate Social Responsibility and Financial Performance Academy of Management Journal. ,vol. 27, pp. 42- 56 ,(1984) , 10.2307/255956