Access the full text.
Sign up today, get DeepDyve free for 14 days.
Loading next page...
/lp/emerald-publishing/corporate-governance-and-social-responsibility-7yOf0TLPfz
References (40)
-
L. Brown, M. Caylor (2006)
Corporate governance and firm operating performanceReview of Quantitative Finance and Accounting, 32
-
A. Abdel-khalik (2002)
Reforming Corporate Governance Post Enron: Shareholders’ Board of Trustees and the AuditorCorporate Governance: Actors & Players eJournal
-
C. Shropshire, A. Hillman (2007)
A Longitudinal Study of Significant Change in Stakeholder ManagementBusiness & Society, 46
-
J. McGuire, Alison Sundgren, T. Schneeweis (1988)
Corporate Social Responsibility and Firm Financial PerformanceAcademy of Management Journal, 31
-
Dietrich Earnhart, Lubomír Lízal (2002)
Effects of Ownership and Financial Status on Corporate Environmental PerformanceCEPR Discussion Paper Series
-
John Deckop, K. Merriman, Shruti Gupta (2006)
The Effects of CEO Pay Structure on Corporate Social PerformanceJournal of Management, 32
-
A. Kelton, Ya‐wen Yang (2008)
The impact of corporate governance on Internet financial reportingJournal of Accounting and Public Policy, 27
-
S. Bronson, Joseph Carcello, Carl Hollingsworth, T. Neal (2009)
Are fully independent audit committees really necessaryJournal of Accounting and Public Policy, 28
-
K. Kanagaretnam, Gerald Lobo, Dennis Whalen (2007)
Does Good Corporate Governance Reduce Information Asymmetry Around Quarterly Earnings Announcements?LSN: Empirical Studies (Topic)
-
10.1016/j.jaccpubpol.2006.05.005
-
P. Beurden, T. Gössling (2008)
The Worth of Values – A Literature Review on the Relation Between Corporate Social and Financial PerformanceJournal of Business Ethics, 82
-
10.2308/accr-10209
-
Donal Byard, Ying Li, J. Weintrop (2006)
Corporate governance and the quality of financial analysts' informationJournal of Accounting and Public Policy, 25
-
B. Jaggi, Sidney Leung, F. Gul (2009)
Family control, board independence and earnings management: Evidence based on Hong Kong firmsJournal of Accounting and Public Policy, 28
-
L. Brown, M. Caylor (2006)
Corporate Governance and Firm ValuationS&P Global Market Intelligence Research Paper Series
-
10.2307/256342
-
Ronald Roman, S. Hayibor, Bradley Agle (1999)
The Relationship between Social and Financial PerformanceBusiness & Society, 38
-
S. Waddock (2003)
Myths and Realities of Social InvestingOrganization & Environment, 16
-
10.2307/256611
-
Philipp Schreck (2013)
Nonfinancial Disclosure and Analyst Forecast Accuracy: International Evidence on Corporate Social Responsibility DisclosureSocial and Environmental Accountability Journal, 33
-
M. Vilanova, J. Lozano, Daniel Arenas (2008)
Exploring the Nature of the Relationship Between CSR and CompetitivenessJournal of Business Ethics, 87
-
Samuel Graves, S. Waddock (1994)
Institutional Owners and Corporate Social PerformanceAcademy of Management Journal, 37
-
D. Dhaliwal, Oliver Li, Albert Tsang, Yong Yang (2011)
Voluntary Nonfinancial Disclosure and the Cost of Equity Capital: The Initiation of Corporate Social Responsibility ReportingThe Accounting Review, 86
-
10.1007/s11156-007-0082-3
-
Charles Cho, Dennis Patten, R. Roberts (2006)
Corporate Political Strategy: An Examination of the Relation between Political Expenditures, Environmental Performance, and Environmental DisclosureJournal of Business Ethics, 67
-
S. Waddock, Samuel Graves (1997)
The corporate social performance-financial performance linkStrategic Management Journal, 18
-
Yohanes Riyanto, Linda Toolsema (2007)
Corporate Social Responsibility in a Corporate Governance FrameworkCorporate Social Responsibility (CSR) eJournal
-
10.2139/ssrn.1499809
-
R. Freeman (2010)
Strategic Management: A Stakeholder Approach -
J. Griffin, J. Mahon (1997)
The Corporate Social Performance and Corporate Financial Performance DebateBusiness & Society, 36
-
F. DeZoort, D. Hermanson, R. Houston (2003)
Audit committee support for auditors: The effects of materiality justification and accounting precisionJournal of Accounting and Public Policy, 22
-
F. Gul, Sidney Leung (2004)
BOARD LEADERSHIP, OUTSIDE DIRECTORS EXPERTISE AND VOLUNTARY CORPORATE DISCLOSURESJournal of Accounting and Public Policy, 23
-
B. Ruf, K. Muralidhar, Robert Brown, J. Janney, K. Paul (2001)
An Empirical Investigation of the Relationship Between Change in Corporate Social Performance and Financial Performance: A Stakeholder Theory PerspectiveJournal of Business Ethics, 32
-
10.2308/accr-10218
-
Jennifer Chen, Dennis Patten, R. Roberts (2008)
Corporate Charitable Contributions: A Corporate Social Performance or Legitimacy Strategy?Journal of Business Ethics, 82
-
Richard Johnson, D. Greening (1999)
The Effects of Corporate Governance and Institutional Ownership Types on Corporate Social PerformanceAcademy of Management Journal, 42
-
Philip Cochran, R. Wood (1984)
Corporate Social Responsibility and Financial PerformanceAcademy of Management Journal, 27
-
10.2307/256977
-
C. Hill, T. Jones (1992)
Stakeholder‐Agency TheoryJournal of Management Studies, 29
-
Edward Nelling, E. Webb (2009)
Corporate social responsibility and financial performance: the “virtuous circle” revisitedReview of Quantitative Finance and Accounting, 32
- Publisher
- Emerald Publishing
- Copyright
- Copyright © Emerald Group Publishing Limited
- ISSN
- 1754-243X
- DOI
- 10.1108/IJLMA-04-2014-0034
- Publisher site
- See Article on Publisher Site
Abstract
Purpose – This paper aims to draw on the stakeholder theory to examine the association between corporate governance and social responsibility. Design/methodology/approach – This paper hypothesized that corporate governance is positively associated with corporate social responsibility (CSR), and good corporate governance also leads to good social responsibility in the following year. Corporate governance was measured by using the corporate governance index provided by Brown and Caylor (2006, 2009). CSR data come from Kinder, Lydenberg and Domini (KLD), Inc. Findings – Regression analysis documents significant evidence to support a positive association between corporate governance and social responsibility. Evidence suggests that good governance leads to good CSR performance. Originality/value – The results should interest managers who engage in behavior leading to or maintaining strong corporate governance mechanisms, financial analysts who conduct research on corporate governance and firm performance and policymakers who design and implement guidelines on corporate governance mechanisms. Moreover, results of this study can increase individual investors’ confidence in investing in companies with stronger corporate governance.
Journal
International Journal of Law and Management – Emerald Publishing
Published: Feb 9, 2015