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2016 | 19 | nr 4 | 67--84
Tytuł artykułu

The Relationship between Corporate Social Responsibility and Corporate Financial Performance - Evidence from Empirical Studies

Warianty tytułu
Zależność między społeczną odpowiedzialnością przedsiębiorstw a ich wynikami finansowymi - dowody z badań empirycznych
Języki publikacji
Społeczna odpowiedzialność biznesu (CSR) jest przedmiotem intensywnych badań naukowych na przestrzeni ostatnich kilku dekad i niewątpliwie ewoluowała od działalności filantropijnej do cennego elementu zarządzania przedsiębiorstwem, głównie w zakresie tworzenia wartości dla interesariuszy, zostając tym samym włączona do strategicznych modeli efektywności działalności przedsiębiorstw. Mimo, że relacje pomiędzy CSR a wynikami finansowymi przedsiębiorstw były przedmiotem wielu analiz teoretycznych i empirycznych, ich ustalenia pozostają często mieszane, wskazując na ewentualnie dwukierunkową relację pomiędzy badanymi zmiennymi. Celem artykułu jest poszukiwanie zależności pomiędzy CSR i wynikami finansowymi przedsiębiorstw, na podstawie badań empirycznych przeprowadzonych przez innych autorów w różnych krajach. Łącznie analizą objęto 53 badania i wyniki uzyskane dla 16119 przedsiębiorstw. (abstrakt oryginalny)
Socially responsible investment (SRI) has experienced strong growth in recent years. In 2012, $1 out of every $9 US assets under professional management was invested in some form of sustainable investment.1 Global sustainable investment assets have expanded dramatically, rising from $13.3 trillion at the outset of 2012 to reach a total of $21.4 trillion at the start of 2014. Most of the SRI assets are in Europe (63.7 percent), but the relative contribution of the United States has increased from 28.2 percent in 2012 to 30.8 percent in 2014, and over this two-year period, the fastest growing region has been the United States, followed by Canada and Europe. These three regions are also the largest regions in terms of assets, accounting for 99 percent of global SRI.2 With this growth one most important issues is whether it pays for organizations to concern themselves with social responsibility, and whether there are any tradeoffs to sustainable investing. Much of the present research on this question is based on the views of Friedman and Freeman. But changes in economic development, national and local security, and the growing expectations of stakeholders influence how social performance is defined, and thus corporate performance as well. The aim of this article is to examine correlations between CSR and financial corporate performance, based on empirical studies conducted by other authors in different countries. In total, the analysis comprises 53 studies and the results obtained for 16,119 companies. (original abstract)
Opis fizyczny
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