This research note analyzes the relationship between indicators of corporate social and financial performance within a comprehensive theoretical framework. The results, based on data for 67 large U.S. corporations for 1982-1992, reveal no significant negative social-financial performance relationships and strong positive correlations in both contemporaneous and lead-lag formulations.

The purpose of this paper is to set the stage by presenting a sketch of the global economic setting within which the environmental issues, which are our main concerns here, have arisen. It is important to note that this is also the setting within which any human, social and technological responses to these issues and concerns win have to be developed and implemented. There is no use thinking about arrangements that will work only in some other world. This world-the Planet (...) Earth, with all its demographic, physical and climatological characteristics—is the only one we have to work with. (shrink)

The purpose of this paper is to set the stage by presenting a sketch of the global economic setting within which the environmental issues, which are our main concerns here, have arisen. It is important to note that this is also the setting within which any human, social and technological responses to these issues and concerns win have to be developed and implemented. There is no use thinking about arrangements that will work only in some other world. This world-the Planet (...) Earth, with all its demographic, physical and climatological characteristics—is the only one we have to work with. (shrink)