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A Framework to Explicate the Relationship Between CSER and Financial Performance: an Intellectual Capital-Based Approach and Knowledge-Based View of Firm

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  • Ioannis E. Nikolaou

    (Democritus University of Thrace)

Abstract

Recently some emphasis has been placed on measuring social and environmental intellectual capital. The major weight of current literature focuses on explaining its mediating role between corporate environmental and social responsibility and corporate financial performance. This mediation approach aims at overcoming the weaknesses of previous methodological frameworks, which recognized a direct casual relationship between corporate social and environmental responsibility and financial performance. This paper outlines a theoretical framework to comprehensively explain the interrelationship among some mediating components for corporate environmental and financial performance, such as social and environmental responsibility, intellectual capital, innovation and competitive advantage. The analysis falls into the knowledge-based view of firms and intellectual capital-based approach of firms and depends on some rational and deductive epistemological reflections which assist in overcoming some existing theoretical weaknesses in the field of corporate environmental and social management.

Suggested Citation

  • Ioannis E. Nikolaou, 2019. "A Framework to Explicate the Relationship Between CSER and Financial Performance: an Intellectual Capital-Based Approach and Knowledge-Based View of Firm," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 10(4), pages 1427-1446, December.
    • Handle: RePEc:spr:jknowl:v:10:y:2019:i:4:d:10.1007_s13132-017-0491-z
    DOI: 10.1007/s13132-017-0491-z
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    Cited by:

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    2. Feras Izzat Kasasbeh, 2021. "Impact of financing decisions ratios on firm accounting-based performance: evidence from Jordan listed companies," Future Business Journal, Springer, vol. 7(1), pages 1-10, December.
    3. Thomas A. Tsalis & Maria Terzaki & Dimitrios Koulouriotis & Konstantinos P. Tsagarakis & Ioannis E. Nikolaou, 2023. "The nexus of United Nations' 2030 Agenda and corporate sustainability reports," Sustainable Development, John Wiley & Sons, Ltd., vol. 31(2), pages 784-796, April.
    4. Antonis Skouloudis & Thomas Tsalis & Ioannis Nikolaou & Konstantinos Evangelinos & Walter Leal Filho, 2020. "Small & Medium-Sized Enterprises, Organizational Resilience Capacity and Flash Floods: Insights from a Literature Review," Sustainability, MDPI, vol. 12(18), pages 1-17, September.
    5. Nikolaos S. Trevlopoulos & Thomas A. Tsalis & Konstantinos I. Evangelinos & Konstantinos P. Tsagarakis & Konstantinos I. Vatalis & Ioannis E. Nikolaou, 2021. "The influence of environmental regulations on business innovation, intellectual capital, environmental and economic performance," Environment Systems and Decisions, Springer, vol. 41(1), pages 163-178, March.
    6. Oleg Sergeevich Sukharev, 2023. "Intellectual Firm: Key Features and Development Models," Journal of the Knowledge Economy, Springer;Portland International Center for Management of Engineering and Technology (PICMET), vol. 14(2), pages 1091-1119, June.

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