Product and environmental social performance: Varying effect on firm performance

• 成果类型: Editorial Material
• 署名作者: Jayachandran, Satish; Kalaignanam, Kartik; Eilert, Meike
• 署名单位: University of South Carolina System; University of South Carolina Columbia; University of Nebraska System; University of Nebraska Lincoln
• 刊物名称: STRATEGIC MANAGEMENT JOURNAL
• ISSN/ISSBN: 0143-2095
• DOI: 10.1002/smj.2054
• 发表日期: 2013
• 页码: 1255-1264
• 关键词: CORPORATE SOCIAL PERFORMANCE; product social performance; environment social performance; firm performance; NEGATIVITY BIAS

摘要

Corporate social performance (CSP) consists of actions in different domains that vary in the information they provide stakeholders, and hence, in their effect on firm performance. To demonstrate this, the authors examine the impact of CSP on firm performance in two areas-the product and the environment, referred to as product social performance (PSP) and environmental social performance (ESP), respectively. PSP has a stronger positive impact on firm performance compared to ESP. The findings using disaggregated measures of PSP and ESP indicate negativity bias in that PSP weakness has a stronger negative impact on firm performance compared to PSP strength. Copyright. (C) 2013 John Wiley & Sons, Ltd.