Recent corporate scandals have drawn public attention toward the ethics of firms. Although researchers have demonstrated a small correlation between the ethical activities (broadly speaking, ... Read More »
Managers often anecdotally claim that their firm’s investments in CSR initiatives have “paid off.” But much research seeking to quantify the effects of CSR on ... Read More »
With trillions in assets in socially screened portfolios on the line, investors are increasingly turning to third-party social indices to help them assess a company’s ... Read More »
Numerous high-profile, profitable firms have engaged in illegal activities to improve their performance. In recent history, we can easily recall the experiences of Enron, Arthur ... Read More »
Charitable donations by companies have grown in value over the past 20 years. In 2007, U.S. firms spent $15.7 billion on philanthropy. Sears Roebuck attributed ... Read More »
This study shows that a firm’s improved environmental performance reduces the firm’s cost of capital. The researchers found that investors perceive a firm’s risk more ... Read More »
How can companies extend periods of exceptional financial performance and end those of substandard performance? This study found that good stakeholder relations were a key ... Read More »
This study investigates whether CSR improves long-term financial performance by satisfying customers. It finds returns on CSR can be positive or negative depending on a ... Read More »