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Doing Well by Doing Good: Objective Findings, Subjective Assumptions, or Selective Amplification?

In: Toward Integrative Corporate Citizenship

Author

Listed:
  • Marc Orlitzky

    (Pennsylvania State University Altoona)

  • Diane L. Swanson

    (Kansas State University)

Abstract

As the integrative research reviews in the previous three chapters showed, the relationship between corporate social performance (CSP) and corporate financial performance (CFP) has been investigated for over three decades. A meta-analysis (see Chapter 4) shows that the average corrected correlation between CSP and CFP is positive (Orlitzky, Schmidt & Rynes, 2003). However, what previous research reviews failed to examine in depth is the considerable amount of cross-study variability (Ullmann, 1985; Wood & Jones, 1995). In other words, researchers have not conclusively determined why some studies might find economic benefits from CSP while others do not.

Suggested Citation

  • Marc Orlitzky & Diane L. Swanson, 2008. "Doing Well by Doing Good: Objective Findings, Subjective Assumptions, or Selective Amplification?," Palgrave Macmillan Books, in: Toward Integrative Corporate Citizenship, chapter 7, pages 164-187, Palgrave Macmillan.
  • Handle: RePEc:pal:palchp:978-0-230-59470-8_8
    DOI: 10.1057/9780230594708_8
    as

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    Cited by:

    1. Chen, Hong-Yi & Yang, Sharon S., 2020. "Do Investors exaggerate corporate ESG information? Evidence of the ESG momentum effect in the Taiwanese market," Pacific-Basin Finance Journal, Elsevier, vol. 63(C).
    2. Nour Chams & Josep García-Blandón & Khaled Hassan, 2021. "Role Reversal! Financial Performance as an Antecedent of ESG: The Moderating Effect of Total Quality Management," Sustainability, MDPI, vol. 13(13), pages 1-18, June.

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