The Corporate Social Performance and Corporate Financial Performance Debate
The Corporate Social Performance and Corporate Financial Performance Debate
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DOI：
10.1177/000765039703600102
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发表时间：
1997-03
影响因子：
7
通讯作者：
J. Griffin;J. Mahon
中科院分区：
文献类型：
--
作者：
J. Griffin;J. Mahon
本文扩展了早期关于企业社会绩效和企业财务绩效之间关系的研究，特别强调方法的不一致性。该领域的研究扩展到三个关键领域。首先，它集中在一个特定的行业，化学工业。其次，它使用多个数据源-两个是基于感知的（KLD指数和财富声誉调查），两个是基于绩效的（TRI数据库和企业慈善事业），以三角评估企业的社会绩效。第三，它使用五个最常用的会计措施，在企业社会绩效和企业财务绩效（CSP/CFP）的文献，以评估企业的财务业绩。结果表明，先验使用的措施，实际上可能预先确定的CSP/CFP关系的结果。令人惊讶的是，《财富》和KLD指数非常紧密地相互跟踪，而TRI和企业慈善事业区分了高和低社会绩效者，并且与公司的财务业绩无关。
This article extends earlier research concerning the relationship between corporate social performance and corporate financial performance, with particular emphasis on methodological inconsistencies. Research in this area is extended in three critical areas. First, it focuses on a particular industry, the chemical industry. Second, it uses multiple sources of data-two that are perceptual based (KLD Index and Fortune reputation survey), and two that are performance based (TRI database and corporate philanthropy) in order to triangulate toward assessing corporate social performance. Third, it uses the five most commonly applied accounting measures in the corporate social performance and corporate financial performance (CSP/CFP) literature to assess corporate financial performance. The results indicate that the a priori use of measures may actually predetermine the CSP/CFP relationship outcome. Surprisingly, Fortune and KLD indices very closely track one another, whereas TRI and corporate philanthropy differentiate between high and low social performers and do not correlate to the firm's financial performance.