Toward a Unified Theory of the CSP–CFP Link

Isaiah Marom ()

Journal of Business Ethics, 2006, vol. 67, issue 2, 200 pages

Abstract: This article proposes a unified theory of the relationship between corporate social performance (CSP) and corporate financial performance (CFP). The theory provides a framework for rationalizing the various and contradictory findings in past empirical research. The theory is based on the parallels between the business and CSR domains, and thus draws on models from economics. Copyright Springer Science+Business Media, Inc. 2006

Keywords: corporate financial performance; corporate social performance; profit maximization; social products; stakeholder management; stakeholders utility; unified theory (search for similar items in EconPapers)
Date: 2006
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Citations: View citations in EconPapers (5)

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Persistent link: https://EconPapers.repec.org/RePEc:kap:jbuset:v:67:y:2006:i:2:p:191-200

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DOI: 10.1007/s10551-006-9023-7

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