Toward a Unified Theory of the CSP-CFP Link

This article proposes a unified theory of the relationship between corporate social performance (CSP) and corporate financial performance (CFP). The theory provides a framework for rationalizing the various and contradictory findings in past empirical research. The theory is based on the parallels b...

Ausführliche Beschreibung

Bibliographische Detailangaben
Veröffentlicht in:Journal of Business Ethics. - Springer Science + Business Media. - 67(2006), 2, Seite 191-200
1. Verfasser: Marom, Isaiah Yeshayahu (VerfasserIn)
Format: Online-Aufsatz
Sprache:English
Veröffentlicht: 2006
Zugriff auf das übergeordnete Werk:Journal of Business Ethics
Schlagworte:Corporate financial performance Corporate social performance Profit maximization Social products Stakeholder management Stakeholders utility Unified theory Business Philosophy Economics
Beschreibung
Zusammenfassung:This article proposes a unified theory of the relationship between corporate social performance (CSP) and corporate financial performance (CFP). The theory provides a framework for rationalizing the various and contradictory findings in past empirical research. The theory is based on the parallels between the business and CSR domains, and thus draws on models from economics.
ISSN:15730697