The Impact of Four Types of Corporate Social Performance on Reputation and Financial Performance

Verfasser / Beitragende:
[Yijing Wang, Guido Berens]
Ort, Verlag, Jahr:
2015
Enthalten in:
Journal of Business Ethics, 131/2(2015-10-01), 337-359
Format:
Artikel (online)
ID: 605484007
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024 7 0 |a 10.1007/s10551-014-2280-y  |2 doi 
035 |a (NATIONALLICENCE)springer-10.1007/s10551-014-2280-y 
245 0 4 |a The Impact of Four Types of Corporate Social Performance on Reputation and Financial Performance  |h [Elektronische Daten]  |c [Yijing Wang, Guido Berens] 
520 3 |a The goal of this paper was to investigate whether and how a firm that engages in different kinds of corporate social performance (CSP) can create a favorable corporate reputation among its stakeholders, and as a result achieve a good financial performance. Building on stakeholder theory, we distinguish two types of reputation—reputation among public stakeholders and reputation among financial stakeholders. We argue that CSP activities affect these two reputations differently. In addition, we empirically test the relationship among different types of CSP, reputation among public and financial stakeholders, and financial performance. Our results suggest that (1) Carroll's four types of CSP (i.e., economic, legal, ethical, and philanthropic) affect financial performance differently, and (2) their effects are mediated by reputation among public and financial stakeholders. Our findings provide guidelines for managers on choosing to emphasize certain CSP aspects in their communication, depending on the specific stakeholder group they are targeting. 
540 |a Springer Science+Business Media Dordrecht, 2014 
690 7 |a Corporate social performance  |2 nationallicence 
690 7 |a Corporate reputation  |2 nationallicence 
690 7 |a Financial performance  |2 nationallicence 
690 7 |a Information asymmetry  |2 nationallicence 
690 7 |a Stakeholder management  |2 nationallicence 
700 1 |a Wang  |D Yijing  |u TiasNimbas Business School, Tilburg University, P.O. Box 90153, 5000 LE, Tilburg, The Netherlands  |4 aut 
700 1 |a Berens  |D Guido  |u Department of Business Society Management, Office T11-46, Rotterdam School of Management, Erasmus University, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands  |4 aut 
773 0 |t Journal of Business Ethics  |d Springer Netherlands  |g 131/2(2015-10-01), 337-359  |x 0167-4544  |q 131:2<337  |1 2015  |2 131  |o 10551 
856 4 0 |u https://doi.org/10.1007/s10551-014-2280-y  |q text/html  |z Onlinezugriff via DOI 
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900 7 |a Metadata rights reserved  |b Springer special CC-BY-NC licence  |2 nationallicence 
908 |D 1  |a research-article  |2 jats 
949 |B NATIONALLICENCE  |F NATIONALLICENCE  |b NL-springer 
950 |B NATIONALLICENCE  |P 856  |E 40  |u https://doi.org/10.1007/s10551-014-2280-y  |q text/html  |z Onlinezugriff via DOI 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Wang  |D Yijing  |u TiasNimbas Business School, Tilburg University, P.O. Box 90153, 5000 LE, Tilburg, The Netherlands  |4 aut 
950 |B NATIONALLICENCE  |P 700  |E 1-  |a Berens  |D Guido  |u Department of Business Society Management, Office T11-46, Rotterdam School of Management, Erasmus University, P.O. Box 1738, 3000 DR, Rotterdam, The Netherlands  |4 aut 
950 |B NATIONALLICENCE  |P 773  |E 0-  |t Journal of Business Ethics  |d Springer Netherlands  |g 131/2(2015-10-01), 337-359  |x 0167-4544  |q 131:2<337  |1 2015  |2 131  |o 10551