Arbeitspapier

Corporate social responsibility and firms' performance: A stratigraphical analysis

Over the last two decades in OECD countries an increasing number of firms are obtaining certification as Socially Responsible (CSR is the acronym for Corporate Social Responsibility). Several studies (including Preston and O'Bannon, 1997; Waddock and Graves, 1997; McWilliams and Sieger, 2001; Ullman, 1985) have sought to test whether there is a relation between Social Responsibility certification and the firms' performance. Our work builds a CSR index that intersects two of the three main international indices (Domini 400 Social Index, Dow Jones Sustainability World Index, FTSE4Good Index), in order to overcome some problems related to the multiplicity of CSR definitions and certifications. By using this database, our work carries out a stratigraphical analysis in order to verify whether some variables are statistically different in the CSR group with respect to the benchmark case (non-CSR). The main results show that there are several interesting differences in some economic indicators between CSR and non-CSR firms and between USA and EU, and among different industrial sectors.

Language
Englisch

Bibliographic citation
Series: Nota di Lavoro ; No. 77.2012

Classification
Wirtschaft
Corporate Culture; Diversity; Social Responsibility
Single Equation Models; Single Variables: Panel Data Models; Spatio-temporal Models
Economic Development: General
Subject
Corporate Social Responsibility
Growth

Event
Geistige Schöpfung
(who)
Comincioli, Nicola
Poddi, Laura
Vergalli, Sergio
Event
Veröffentlichung
(who)
Fondazione Eni Enrico Mattei (FEEM)
(where)
Milano
(when)
2012

Handle
Last update
10.03.2025, 11:43 AM CET

Data provider

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ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Arbeitspapier

Associated

  • Comincioli, Nicola
  • Poddi, Laura
  • Vergalli, Sergio
  • Fondazione Eni Enrico Mattei (FEEM)

Time of origin

  • 2012

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