Corporate social responsibility and firm financial performance

Article Abstract:

Using Fortune magazine's ratings of corporate reputations, we analyzed the relationships between perceptions of firms' corporate social responsibility and measures of their financial performance. Results show that a firm's prior performance, assessed by both stock-market returns and accounting-based measures, is more closely related to corporate social responsibility than is subsequent performance. Results also show that measures of risk are more closely associated with social responsibility than previous studies have suggested. (Reprinted by permission of the publisher.)

Management, Corporate social responsibility, Industry, Industries

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Corporate Social Responsibility and Financial Performance

Article Abstract:

A debate has existed over the effects of social responsibility on financial performance. The reputations of firms, based on their corporate social responsibility (CSR) indices, were collected. These were compared with the financial performances of the respective companies, using analysis of covariance. There is weak evidence for a clear relationship between CSR and financial performance. It is difficult to measure CSR objectively. Therefore further research in this area may study perceptions of CSR.

Finance, Responsibility

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Corporate support in the aftermath of a natural disaster: effects on employee strains

Article Abstract:

Relief services provided by corporations to employees following a natural disaster were expected to be associated with reduced levels of employee strains. Data from 143 hurricane victims partially supported this prediction, revealing that tangible support meeting employees' primary needs had the most numerous effects over the course of the disaster aftermath. (Reprinted bypermission of the publisher.)

Research, Stress (Psychology), Crisis management, Emergency management, Emergency preparedness, Disaster relief

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