메뉴 건너뛰기




Volumn 16, Issue 3, 2008, Pages 213-232

Stakeholder relations and financial performance

Author keywords

Corporate social responsibility; Financial performace; Return; Risk; Stakeholder management; Theory of the firm

Indexed keywords

CONFERENCE PROCEEDING; CORPORATE STRATEGY; FINANCIAL SYSTEM; HUMAN RIGHTS; STAKEHOLDER;

EID: 47849106725     PISSN: 09680802     EISSN: 10991719     Source Type: Journal    
DOI: 10.1002/sd.364     Document Type: Conference Paper
Times cited : (54)

References (48)
  • 1
    • 0000891979 scopus 로고
    • Corporate social responsibility and stock market performance
    • Alexander G, Bucholtz R. 1978. Corporate social responsibility and stock market performance. Academy of Management Journal 21: 479-486.
    • (1978) Academy of Management Journal , vol.21 , pp. 479-486
    • Alexander, G.1    Bucholtz, R.2
  • 2
    • 47849122638 scopus 로고    scopus 로고
    • The relationship between corporate social responsibility and corporate financial performance: A survey
    • Allouche J ed, Palgrave MacMillan: Basingstoke;
    • Allouche J, Laroche P. 2006, The relationship between corporate social responsibility and corporate financial performance: a survey. In Corporate Social Responsibility: Performance and Stakeholders, Allouche J (ed.). Palgrave MacMillan: Basingstoke; 3-40.
    • (2006) Corporate Social Responsibility: Performance and Stakeholders , pp. 3-40
    • Allouche, J.1    Laroche, P.2
  • 3
    • 18144388600 scopus 로고    scopus 로고
    • International evidence on ethical mutual fund performance and investment style
    • Bauer R, Koedijk K, Otten R. 2005. International evidence on ethical mutual fund performance and investment style. Journal of Banking and Finance 29: 1751-1767.
    • (2005) Journal of Banking and Finance , vol.29 , pp. 1751-1767
    • Bauer, R.1    Koedijk, K.2    Otten, R.3
  • 5
    • 14844299824 scopus 로고    scopus 로고
    • Socially responsible investing and portfolio diversification
    • Bello ZY. 2005. Socially responsible investing and portfolio diversification. Journal of Financial Research 28: 41-57.
    • (2005) Journal of Financial Research , vol.28 , pp. 41-57
    • Bello, Z.Y.1
  • 7
    • 0033247292 scopus 로고    scopus 로고
    • Does stakeholder orientation matter? The relationship between stakeholder management models and firm financial performance
    • Berman S, Wicks A, Kotha S, Jones T. 1999. Does stakeholder orientation matter? The relationship between stakeholder management models and firm financial performance. The Academy of Management Journal 42: 488-506.
    • (1999) The Academy of Management Journal , vol.42 , pp. 488-506
    • Berman, S.1    Wicks, A.2    Kotha, S.3    Jones, T.4
  • 8
    • 33750522004 scopus 로고    scopus 로고
    • Corporate social performance and stock returns: UK evidence from disaggregate measures
    • Brammer S, Brooks C, Pavelin S. 2006. Corporate social performance and stock returns: UK evidence from disaggregate measures. Financial Management 35: 97-116.
    • (2006) Financial Management , vol.35 , pp. 97-116
    • Brammer, S.1    Brooks, C.2    Pavelin, S.3
  • 11
    • 0000088369 scopus 로고
    • Corporate stakeholders and corporate finance
    • Cornell B, Shapiro A. 1987. Corporate stakeholders and corporate finance. Financial Management 16: 5-14.
    • (1987) Financial Management , vol.16 , pp. 5-14
    • Cornell, B.1    Shapiro, A.2
  • 14
    • 84977737676 scopus 로고
    • The cross-section of expected stock returns
    • Fama EF, French KR. 1992. The cross-section of expected stock returns. Journal of Finance 427-465.
    • (1992) Journal of Finance , pp. 427-465
    • Fama, E.F.1    French, K.R.2
  • 16
    • 0001788578 scopus 로고
    • The social responsibility of business is to increase its profits
    • 13 September
    • Friedman M. 1970. The social responsibility of business is to increase its profits. New York Times Magazine 13 September: 32-33.
    • (1970) New York Times Magazine , pp. 32-33
    • Friedman, M.1
  • 18
    • 0038159332 scopus 로고    scopus 로고
    • Shareholder value, stakeholder management, and social issues: What's the bottom line?
    • Hillman AJ, Keim GD. 2001. Shareholder value, stakeholder management, and social issues: what's the bottom line? Strategic Management Journal 22: 125-139.
    • (2001) Strategic Management Journal , vol.22 , pp. 125-139
    • Hillman, A.J.1    Keim, G.D.2
  • 20
    • 0141884754 scopus 로고    scopus 로고
    • Value maximization, stakeholder theory, and the corporate objective function
    • Jensen MC. 2001. Value maximization, stakeholder theory, and the corporate objective function. Journal of Applied Corporate Finance 14(3): 8-21.
    • (2001) Journal of Applied Corporate Finance , vol.14 , Issue.3 , pp. 8-21
    • Jensen, M.C.1
  • 21
    • 44649197264 scopus 로고
    • Theory of the firm: Managerial behavior, agency costs, and ownership structure
    • Jensen MC, Meckling WH. 1976. Theory of the firm: managerial behavior, agency costs, and ownership structure. Journal of Financial Economics 3: 305-360.
    • (1976) Journal of Financial Economics , vol.3 , pp. 305-360
    • Jensen, M.C.1    Meckling, W.H.2
  • 22
    • 0030217190 scopus 로고    scopus 로고
    • The impact of environmental management on firm performance
    • Klassen R, McLaughlin C. 1996. The impact of environmental management on firm performance. Management Science 42: 1199-1214.
    • (1996) Management Science , vol.42 , pp. 1199-1214
    • Klassen, R.1    McLaughlin, C.2
  • 23
    • 47849128308 scopus 로고    scopus 로고
    • KLD Ratings Data: Inclusive Social Rating Criteria. 2003. KLD.
    • KLD Ratings Data: Inclusive Social Rating Criteria. 2003. KLD.
  • 24
    • 0001749596 scopus 로고    scopus 로고
    • No effect, or no net effect? Studies on socially responsible investing
    • Winter
    • Kurtz L. 1997. No effect, or no net effect? Studies on socially responsible investing. Journal of Investing 6(Winter): 37-57.
    • (1997) Journal of Investing , vol.6 , pp. 37-57
    • Kurtz, L.1
  • 26
    • 33645167569 scopus 로고    scopus 로고
    • Corporate social responsibility in management research: Focus, nature, salience and sources of influence
    • Lockett A, Moon J, Visser W. 2006. Corporate social responsibility in management research: focus, nature, salience and sources of influence. Journal of Management Studies 43: 115-136.
    • (2006) Journal of Management Studies , vol.43 , pp. 115-136
    • Lockett, A.1    Moon, J.2    Visser, W.3
  • 29
    • 0031510754 scopus 로고    scopus 로고
    • Event studies in management research: Theoretical and empirical research
    • McWilliams A, Siegel D. 1997. Event studies in management research: theoretical and empirical research. Academy of Management Journal 40: 626-657.
    • (1997) Academy of Management Journal , vol.40 , pp. 626-657
    • McWilliams, A.1    Siegel, D.2
  • 30
    • 0000253595 scopus 로고    scopus 로고
    • Corporate social responsibility and financial performance: Correlation or misspecification?
    • McWilliams A, Siegel D. 2000. Corporate social responsibility and financial performance: correlation or misspecification? Strategic Management Journal 21(5): 603-609.
    • (2000) Strategic Management Journal , vol.21 , Issue.5 , pp. 603-609
    • McWilliams, A.1    Siegel, D.2
  • 31
    • 0035529262 scopus 로고    scopus 로고
    • Corporate social responsibility: A theory of the firm perspective
    • McWilliams A, Siegel D. 2001. Corporate social responsibility: a theory of the firm perspective. Academy of Management Review 26: 117-127.
    • (2001) Academy of Management Review , vol.26 , pp. 117-127
    • McWilliams, A.1    Siegel, D.2
  • 33
    • 0002246374 scopus 로고
    • Choosing socially responsible stocks
    • Moskowitz M. 1972. Choosing socially responsible stocks. Business and Society 1: 71-75.
    • (1972) Business and Society , vol.1 , pp. 71-75
    • Moskowitz, M.1
  • 34
    • 0042090748 scopus 로고    scopus 로고
    • Corporate social and financial performance: A meta-analysis
    • Orlitzky M, Schmidt FL, Rynes SL. 2003. Corporate social and financial performance: a meta-analysis. Organization Studies 24: 403-441.
    • (2003) Organization Studies , vol.24 , pp. 403-441
    • Orlitzky, M.1    Schmidt, F.L.2    Rynes, S.L.3
  • 35
    • 0000259681 scopus 로고
    • Green and competitive: Ending the stalemate
    • Porter ME, Van der Linde C. 1995. Green and competitive: ending the stalemate. Harvard Business Review 73(5): 120-134.
    • (1995) Harvard Business Review , vol.73 , Issue.5 , pp. 120-134
    • Porter, M.E.1    Van der Linde, C.2
  • 36
    • 54249086465 scopus 로고    scopus 로고
    • The corporate social-financial performance relationship: A typology and analysis
    • Preston LE, O'Bannon DP. 1997. The corporate social-financial performance relationship: a typology and analysis. Business and Society 36: 419-429.
    • (1997) Business and Society , vol.36 , pp. 419-429
    • Preston, L.E.1    O'Bannon, D.P.2
  • 37
    • 0031510753 scopus 로고    scopus 로고
    • A resource-based perspective on corporate environmental performance and profitability
    • Russo M, Fouts P. 1997. A resource-based perspective on corporate environmental performance and profitability. Academy of Management Journal 40: 534-559.
    • (1997) Academy of Management Journal , vol.40 , pp. 534-559
    • Russo, M.1    Fouts, P.2
  • 38
    • 84938052368 scopus 로고
    • A conceptual framework for environmental analysis of social issues and evaluation of business response patterns
    • Sethi SP. 1979. A conceptual framework for environmental analysis of social issues and evaluation of business response patterns. Academy of Management Review 4: 63-74.
    • (1979) Academy of Management Review , vol.4 , pp. 63-74
    • Sethi, S.P.1
  • 39
    • 0030101083 scopus 로고    scopus 로고
    • The construct validity of the Kinder, Lydenberg & Domini social performance rating data
    • Sharfman M. 1996. The construct validity of the Kinder, Lydenberg & Domini social performance rating data. Journal of Business Ethics 15: 287-296.
    • (1996) Journal of Business Ethics , vol.15 , pp. 287-296
    • Sharfman, M.1
  • 41
    • 0009333581 scopus 로고    scopus 로고
    • Socially responsible mutual funds
    • Statman M. 2000. Socially responsible mutual funds. Financial Analysts Journal 56(3): 30-39.
    • (2000) Financial Analysts Journal , vol.56 , Issue.3 , pp. 30-39
    • Statman, M.1
  • 42
    • 33744513685 scopus 로고    scopus 로고
    • Socially responsible indexes: Composition, performance, and tracking error
    • Statman M. 2006. Socially responsible indexes: composition, performance, and tracking error. Journal of Portfolio Management 32(3): 100-109.
    • (2006) Journal of Portfolio Management , vol.32 , Issue.3 , pp. 100-109
    • Statman, M.1
  • 43
    • 0002424013 scopus 로고    scopus 로고
    • Corporate governance
    • Tirole J. 2001. Corporate governance. Econometrica 69: 1-35.
    • (2001) Econometrica , vol.69 , pp. 1-35
    • Tirole, J.1
  • 45
    • 0001062886 scopus 로고
    • Data in search of a theory: A critical examination of the relationships among social performance, social disclosure, and economic performance
    • Ullmann A. 1985. Data in search of a theory: a critical examination of the relationships among social performance, social disclosure, and economic performance. Academy of Management Review 10: 540-577.
    • (1985) Academy of Management Review , vol.10 , pp. 540-577
    • Ullmann, A.1
  • 46
    • 0041295400 scopus 로고    scopus 로고
    • Institutional owners and corporate social performance
    • Waddock SA, Graves S. 1997. Institutional owners and corporate social performance. Academy of Management Journal 31: 195-200.
    • (1997) Academy of Management Journal , vol.31 , pp. 195-200
    • Waddock, S.A.1    Graves, S.2
  • 48
    • 34249747182 scopus 로고    scopus 로고
    • Corporate social performance, corporate financial performance and firm size: A meta-analysis
    • Wu ML. 2006. Corporate social performance, corporate financial performance and firm size: a meta-analysis. Journal of American Academy of Business 8: 163-171.
    • (2006) Journal of American Academy of Business , vol.8 , pp. 163-171
    • Wu, M.L.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.