What type of study is this?

The Role of B Corp Certification in Uncertain Times: An Empirical Investigation

View Full Paper

Ask AI

Bookmark

Authors

Empirical investigation reveals b corp certification improves financial performance in firms, suggesting enhanced resilience during crises.

Certified firms exhibited higher financial performance during the COVID-19 pandemic, compared to non-certified firms.
Results are based on an event study and ordinary least squares regression analyzing Italian b corps.
The findings indicate that sustainability practices enhance firm resilience to market disruptions and crises.
Insights gained highlight the importance for managers and policymakers in fostering the diffusion of b corp standards.

Podrecca et al. (2025) studied this question.

View Full Paper

Ask AI

Bookmark

Empirical investigation reveals b corp certification improves financial performance in firms, suggesting enhanced resilience during crises.