scholarly journals Modelling of Social Key Performance Indicators of Corporate Sustainability Performance

2018 ◽  
Vol 66 (1) ◽  
pp. 303-312 ◽  
Author(s):  
Marie Pavláková Dočekalová ◽  
Alena Kocmanová ◽  
Iveta Šimberová ◽  
Jiří Koleňák
Keyword(s):  
Performance Indicators ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Corporate Sustainability ◽  
Health And Safety ◽  
Key Performance Indicators ◽  
Collective Agreement ◽  
Manufacturing Companies ◽  
Basic Set ◽  
Corporate Social

Corporate social performance is discussed in this paper. The aim of this article is to propose indicators of social performance in the context of corporate sustainability. Relevance of the proposal has been verified through a questionnaire that focused on large manufacturing companies in the Czech Republic. Using statistical methods, it was found that a basic set of sixteen indicators can be replaced by six key performance indicators – Percentage of employees covered by collective agreement, Wage discrimination, Occupational diseases, Violations of ethical code, Expenditures on identifying and ensuring customer satisfaction and Percentage of products and services assessed for their influence on health and safety of customers. These results aim to contribute to both academy and corporate practitioners, who want to improve corporate social performance and through the use of key performance indicators to support transparency and sustainability of their business. This study, however, has some limitations. The key performance indicators are designed specifically for large manufacturing companies of group 27.1 CZ‑NACE.

scholarly journals Corporate Social Performance, Financialization, and Real Investment in US Manufacturing Firms

2019 ◽  
Vol 11 (7) ◽  
pp. 1836 ◽  
Author(s):  
Sebastiano Cupertino ◽  
Costanza Consolandi ◽  
Alessandro Vercelli
Keyword(s):  
Capital Accumulation ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Corporate Sustainability ◽  
Manufacturing Firms ◽  
Business And Society ◽  
Corporate Social ◽  
Real Investment

In recent years, the global financial and economic crisis are rewriting the relationship between business and society, focusing, among other things, on the role of the process of financialization, not only in the economy as a whole but also within non-financial companies. Shareholder value maximization, together with the commoditization of business, has led to a general short-term approach at the expense of capital accumulation and core business activity, to the detriment of not only firms’ competitiveness and productivity but also of human capital, strategic innovation, business ethics, and long-term growth. Within this framework, this study investigates the role of corporate sustainability, analyzing the nexus between financialization, accumulation of real capital, and corporate social performance, an issue that has been neglected so far. Using a sample of US manufacturing firms from 2002 to 2017, we found that, while financialization was negatively correlated with corporate real investment, the environmental and social firm performance positively impacted corporate capital accumulation. Our results support the belief that a focus on environmental, social, and governance standards, fostering real investments, may enhance a firm’s long-term growth with a positive effect on its long-term value.

The Concept of Corporate Social Responsibility

2021 ◽  
pp. 1-17
Author(s):  
Jaime González-Masip
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Corporate Sustainability ◽  
Business Activity ◽  
Environmental Commitment ◽  
New Research ◽  
Corporate Social

The concept of corporate social responsibility continues in a state of lack of academic consensus, which makes it difficult to propose new research proposals on the company's social and environmental commitment. With the aim of facilitating research tasks, this chapter systematically compiles a list of definitions of the concept and lists a set of dimensions or drivers that are either present in these definitions or can be considered as fundamental elements or perspectives for the study of corporate social responsibility. As conclusions, the most relevant ideas presented in the chapter are compiled. The incorporation, in academic studies, of perspectives based on impacts of business activity rather than principles of action is also proposed, since they present a possible greater operability. These concepts are corporate social performance or corporate sustainability.

scholarly journals Do CEO Rhetorical Strategies Affect Corporate Social Performance? Evidence from China

2019 ◽  
Vol 11 (18) ◽  
pp. 4907 ◽  
Author(s):  
Chang Liu ◽  
Shouming Chen ◽  
Qiuyue Shao
Keyword(s):  
Corporate Social Performance ◽  
Stock Exchange ◽  
Social Performance ◽  
Rhetorical Strategies ◽  
Manufacturing Companies ◽  
Positive Effects ◽  
Upper Echelons Theory ◽  
Corporate Social ◽  
The Impact ◽  
The Relationship

How can chief executive officers (CEOs) persuade employees to participate in corporate social responsibility (CSR) activities, so as to enhance firms’ corporate social performance (CSP)? The purpose of this study is to examine the relationship between CEO rhetorical strategies and firms’ CSP. According to Aristotle’s classification, we divide CEO rhetorical strategies into three categories: pathos, ethos, and logos, using the text analysis method. We apply a Probit model to predict whether CEOs use rhetorical strategies and then adopt fixed-effect multiple regression models to measure the impact of various rhetorical strategies on CSP. An empirical analysis based on data on the listed manufacturing companies in the Shanghai Stock Exchange and Shenzhen Stock Exchange from 2014 to 2016 shows that both CEO pathos strategy and CEO logos strategy have positive effects on CSP; however, the relationship between the CEO ethos strategy and CSP is not significant. Our findings contribute to upper echelons theory and CSR research and provide suggestions for CEOs to apply proper rhetorical strategies.

scholarly journals Social Performance vs. Financial Performance

2013 ◽  
Vol 2 (2) ◽  
pp. 53-65 ◽  
Author(s):  
Ilker Yilmaz
Keyword(s):  
Financial Performance ◽  
Performance Indicators ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Annual Reports ◽  
Financial Indicators ◽  
Financial Position ◽  
Low Levels ◽  
Corporate Social ◽  
The Relationship

In recent decades, it is gaining more and more dominance in both academic and business life that the company exists for and has responsibilities toward a wider group of stakeholders and it must have some objectives other than profitability. To achieve sustainable development and growth, the companies must assume more duties, which is called the term “corporate social responsibility (CSR).” In the literature, it is questioned whether CSR activities benefit the company or not; whether there is any relationship exists between CSR activities and the company’s financial performance and the direction of the relationship. We aimedto explore that whether there is any effect corporate social performance (CSP) on financial performance and position and vice versa. We performed content analysis through annual reports and derived a social score composed of the items included in disclosure guidelines and some criteria used in CSR ratings. We also used several financial position and financial performance indicators. In order to explore the relationship between CSP and financial indicators, we run panel data regressions. We found significant results for some of the indicators, where some of the indicators gave insignificant results. The reporting of CSR activities is in very low levels. The conscious toward CSR and sustainability must be promoted and the companies must assume more active roles. The reporting of those activities is also important.

The Corporate Sustainability and Responsibility Proposition

2017 ◽  
pp. 1-16 ◽  
Author(s):  
Mark Anthony Camilleri
Keyword(s):  
Corporate Social Performance ◽  
Corporate Citizenship ◽  
Social Performance ◽  
Empirical Studies ◽  
Corporate Sustainability ◽  
Business Case ◽  
Shared Value ◽  
Creating Shared Value ◽  
Rival Firms ◽  
Corporate Social

This chapter deliberates on the business case for CSR. It contends that corporations are capable of implementing responsible behaviors as they pursue their profit-making activities. A thorough literature review suggests that there is a link between corporate social responsibility (CSR) or corporate social performance (CSP) and financial performance. In addition, there are relevant theoretical underpinnings and empirical studies that have used other constructs, including corporate citizenship, stakeholder engagement and business ethics. In this light, this contribution reports on how CSR is continuously evolving to reflect today's societal realities. Therefore, it raises awareness of key notions representing strategic CSR, creating shared value and corporate sustainability and responsibility (CSR2.0). This latter perspective suggests that responsible behavioral practices may be strategically re-conceived to confer competitive advantage over rival firms. Therefore, this chapter makes reference to laudable investments that could unleash shared value. It implies that CSR2.0 demands business to build adaptive approaches with stakeholders for the benefit of the firm and for societal advancement.

Does Corporate Social Performance (CSP) Matter After the Financial Crisis?

2020 ◽  
Vol 5 (2) ◽  
pp. 143-156
Author(s):  
Zulfikar Ali Ahmad ◽  
Fachmi Pachlevi Yandra
Keyword(s):  
Corporate Social Performance ◽  
Stock Exchange ◽  
Social Performance ◽  
Employee Relations ◽  
Business Practices ◽  
Manufacturing Companies ◽  
Crisis Period ◽  
Community Issues ◽  
Corporate Social ◽  
Better Than

This study aims to examine whether corporate social performance (CSP) increase after the crisis period. This study also examined whether CSP in the Jakarta Islamic Index (JII) member better than non-member JII. The content analysis method was used, and CSP data was measured using the item developed by Michael Jantzi Research Associate (MJRA) Inc. MJRA made a comprehensive measurement for measuring CSP. It dimensions consist of community issues, workplace diversity, environmental performance, employee relations, international issues, business practices and products, and others. The samples on this study are manufacturing companies listed in Indonesia Stock Exchange after the crisis period, 2009-2010. The result indicated that CSP in 2010 higher than in 2009. CSP in the member of JII also better than non-members of JII. This result indicated that CSP was relevant to the Jakarta Islamic Index member even after a crisis period.

scholarly journals Green Competitive Advantage Moderate:Environmental Performance, Corporate Image And Corporate Social Performance On Economic Performance

2021 ◽  
Vol 2 (5) ◽  
pp. 1468-1478
Author(s):  
Arry Eksandy ◽  
Murtanto ◽  
Regina J. Arsjah
Keyword(s):  
Competitive Advantage ◽  
Economic Performance ◽  
Environmental Performance ◽  
Corporate Social Performance ◽  
Stock Exchange ◽  
Social Performance ◽  
Corporate Image ◽  
Manufacturing Companies ◽  
Corporate Social ◽  
Positive Effect

This research aims to determine the effect of environmental performance, corporate image, and corporate social performance on economic performance with moderated by green competitive advantage partially on manufacturing companies in Indonesia. The population in this research is all manufacturing companies listed on Indonesia Stock Exchange during the period 2013-2017. The total samples tested were 13 companies selected by purposive sampling technique. Data type in this research use secondary data obtained from Indonesia Stock Exchange and site respectively of company being sampled. Data analysis technique use panel data regression with Eviews 9.0 program. The result indicates that environmental performance have a positive effect on economic performance and after moderated by green competitive advantage of environmental performance has a positive effect on economic performance with a larger coefficient value. Corporate image have no effect on economic performance but after moderated by green competitive advantage of Corporate image has a positive effect on economic performance. Corporate social performance have no effect on economic performance and after moderated by green competitive advantage of Corporate image also has not effect on economic performance.

Sign in / Sign up

Export Citation Format

Share Document