Corporate Social Performance: A Review of Empirical Research Examining the Corporation–Society Relationship Using Kinder, Lydenberg, Domini Social Ratings Data [Book Review]
Business and Society 56 (6):796-839 (2017)
AbstractThis article reviews empirical research of corporate social performance using Kinder, Lydenberg, Domini social ratings data through 2011. The review synthesizes 100 empirical studies, noting consistencies and inconsistencies among studies examining similar constructs. Notable consistencies were that, although accounting measures of financial performance were a positive outcome of CSP, the same was not often true of stock returns. Also, demographics of top management teams increased CSP strengths, but did not reduce concerns, whereas organizational decentralization reduced CSP concerns. Notable inconsistencies were that CEO demographics were not as often related to CSP as were TMT demographics, indicating that managerial discretion may be an important mitigating factor shaping managerial effects on CSP. Also, although CSP for some organizations seemed influenced by institutional pressures, other organizations appeared to be less influenced, perhaps suggesting that some organizations are more able than others to resist institutional pressures. Future research should attempt to probe observed consistencies and inconsistencies, and to test the boundaries of observed relationships, toward a disciplined program of middle-range theory development.
Added to PP
Historical graph of downloads
Similar books and articles
Effectiveness of the KLD Social Ratings as a Measure of Workforce Diversity and Corporate Governance.Jingoo Kang - 2015 - Business and Society 54 (5):599-631.
The Construct Validity of the Kinder, Lydenberg & Domini Social Performance Ratings Data.Mark Sharfman - 1996 - Journal of Business Ethics 15 (3):287 - 296.
Assessing the Concurrent Validity of the Revised Kinder, Lydenberg, and Domini Corporate Social Performance Indicators.Mark Sharfman & Timothy A. Hart - 2015 - Business and Society 54 (5):575-598.
An Empirical Examination of Firm, Industry, and Temporal Effects on Corporate Social Performance.G. Tomas M. Hult, Charles C. Snow, David J. Ketchen, Aaron F. McKenny & Jeremy C. Short - 2016 - Business and Society 55 (8):1122-1156.
Hidden Connections: The Link Between Board Gender Diversity and Corporate Social Performance. [REVIEW]Ioanna Boulouta - 2013 - Journal of Business Ethics 113 (2):185-197.
Measurement of Corporate Social Action Discovering Taxonomy in the Kinder Lydenburg Domini Ratings Data.James E. Mattingly & Shawn L. Berman - 2006 - Business and Society 45 (1):20-46.
The Link Between Corporate Social and Financial Performance: Evidence From the Banking Industry. [REVIEW]W. Gary Simpson & Theodor Kohers - 2002 - Journal of Business Ethics 35 (2):97 - 109.
Is Corporate Social Responsibility Performance Associated with Tax Avoidance?Roman Lanis & Grant Richardson - 2015 - Journal of Business Ethics 127 (2):439-457.
Green Governance: Boards of Directors’ Composition and Environmental Corporate Social Responsibility.Corinne Post - 2011 - Business and Society 50 (1):189-223.
Organizational Attention to Corporate Social Responsibility and Corporate Social Performance: The Moderating Effects of Corporate Governance.Xiaoping Zhao, Shouming Chen & Chan Xiong - 2016 - Business Ethics: A European Review 25 (4):386-399.
Does Social Performance Really Lead to Financial Performance? Accounting for Endogeneity.Roberto Garcia-Castro, Miguel A. Ariño & Miguel A. Canela - 2010 - Journal of Business Ethics 92 (1):107-126.
The Impact of CEO Characteristics on Corporate Social Performance.Mikko H. Manner - 2010 - Journal of Business Ethics 93 (S1):53 - 72.
Institutional Ownership of Stock and Dimensions of Corporate Social Performance: An Empirical Examination. [REVIEW]Betty S. Coffey & Gerald E. Fryxell - 1991 - Journal of Business Ethics 10 (6):437 - 444.
Corporate Social Responsibility: An Empirical Investigation of U.S. Organizations.Adam Lindgreen, Valérie Swaen & Wesley J. Johnston - 2009 - Journal of Business Ethics 85 (S2):303 - 323.
The Corporate Social-Financial Performance Relationship.Lee E. Preston & Douglas P. O’Bannon - 1997 - Business and Society 36 (4):419-429.
References found in this work
No references found.
Citations of this work
The Impact of CSR on Corporate Reputation Perceptions of the Public—A Configurational Multi‐Time, Multi‐Source Perspective.Lisa Maria Rothenhoefer - 2019 - Business Ethics: A European Review 28 (2):141-155.
Harmful Stakeholder Strategies.Jeffrey S. Harrison & Andrew C. Wicks - 2021 - Journal of Business Ethics 169 (3):405-419.
Does A Virtuous Circle Really Exist? Revisiting the Causal Linkage Between CSP and CFP.Xiaoping Zhao & Audrey Murrell - 2022 - Journal of Business Ethics 177 (1):173-192.
The Effect of CEOs’ Turnover on the Corporate Sustainability Performance of French Firms.Yohan Bernard, Laurence Godard & Mohamed Zouaoui - 2018 - Journal of Business Ethics 150 (4):1049-1069.
Three Types of Organizational Boundary Spanning: Predicting CSR Policy Extensiveness Among Global Consumer Products Companies.Alwyn Lim & Shawn Pope - 2020 - Business Ethics: A European Review 29 (3):451-470.