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The Link Between Corporate Social and Financial Performance: Evidence from the Banking Industry

The Link Between Corporate Social and Financial Performance: Evidence from the Banking Industry The purpose of this investigation is to extend earlier research on the relationship between corporate social and financial performance. The unique contribution of the study is the empirical analysis of a sample of companies from the banking industry and the use of Community Reinvestment Act ratings as a social performance measure. The empirical analysis solidly supports the hypothesis that the link between social and financial performance is positive. http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Business Ethics Springer Journals

The Link Between Corporate Social and Financial Performance: Evidence from the Banking Industry

Journal of Business Ethics , Volume 35 (2) – Oct 10, 2004

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Publisher
Springer Journals
Copyright
Copyright © 2002 by Kluwer Academic Publishers
Subject
Philosophy; Ethics; Business and Management, general; Management; Business Ethics; Quality of Life Research
ISSN
0167-4544
eISSN
1573-0697
DOI
10.1023/A:1013082525900
Publisher site
See Article on Publisher Site

Abstract

The purpose of this investigation is to extend earlier research on the relationship between corporate social and financial performance. The unique contribution of the study is the empirical analysis of a sample of companies from the banking industry and the use of Community Reinvestment Act ratings as a social performance measure. The empirical analysis solidly supports the hypothesis that the link between social and financial performance is positive.

Journal

Journal of Business EthicsSpringer Journals

Published: Oct 10, 2004

References