Social Performance and Financial Performance: A Controversial Relationship

Hajer Tebini (), Bouchra M’Zali (), Pascal Lang () and Paz Méndez-Rodrı́guez ()
Additional contact information
Hajer Tebini: ESG-UQAM, Canada
Bouchra M’Zali: affiliated researcher at CRG-ESCA
Pascal Lang: Universitè Laval
Paz Méndez-Rodrı́guez: Universidad de Oviedo

Chapter Chapter 3 in Socially Responsible Investment, 2015, pp 53-73 from Springer

Abstract: Abstract Different factors explaining divergent results on the relationship between corporate Social Performance (SP) and Financial Performance (FP) can be found in the academic literature. The main objective of this chapter is to test the impact of these factors on these divergent results. It also aims to assess the intensity of the sensitivity of this relationship to these factors considered individually or in combination. The results of our experimental research show that the estimated relationship depends on the methodological choice. More specifically, the relationship varies according to the measurement of the SP, the measurement of FP and the chosen sample. This relationship is neither stable nor necessarily linear, as many relevant academic works in the literature assume. This work concentrates on the knowledge gained from this literature and suggests lines of reflection to better understand the studied relationship in a field which is still evolving.

Keywords: Social Performance; Financial Performance; Corporate Social Performance; Financial Impact; Balance Sample (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

There are no downloads for this item, see the EconPapers FAQ for hints about obtaining it.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:spr:isochp:978-3-319-11836-9_3

Ordering information: This item can be ordered from
http://www.springer.com/9783319118369

DOI: 10.1007/978-3-319-11836-9_3

Access Statistics for this chapter

More chapters in International Series in Operations Research & Management Science from Springer
Bibliographic data for series maintained by Sonal Shukla () and Springer Nature Abstracting and Indexing ().