Abstract
A Context of Contracts: Rethinking the Link between Corporate Social and Financial Performance
Academy of Management Annual Meeting Proceedings, Vol.2014(1), p.10277
01/2014
DOI: 10.5465/ambpp.2014.10277abstract
Abstract
Abstract only
Extant research is equivocal as to the relationship between corporate social performance and corporate financial performance. We propose that this equivocality is largely based on the aggregation of many stakeholders within the corporate social performance construct. Drawing upon stakeholder theory, we hypothesize that social performance directed towards stakeholders with which the firm has a contractual relationship positively influences financial performance, while social performance directed towards non-contractual stakeholders does not. Through empirical analyses of 300 firms, we find support for our expectations.
Details
- Title: Subtitle
- A Context of Contracts: Rethinking the Link between Corporate Social and Financial Performance
- Creators
- David Gras - Texas Christian UniversityRyan Adam Krause - Texas Christian University
- Resource Type
- Abstract
- Publication Details
- Academy of Management Annual Meeting Proceedings, Vol.2014(1), p.10277
- DOI
- 10.5465/ambpp.2014.10277abstract
- eISSN
- 2151-6561
- Language
- English
- Date published
- 01/2014
- Academic Unit
- Management and Entrepreneurship
- Record Identifier
- 9984937928202771
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