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The Corporate Social Performance-Financial Performance Link

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Reports positive relationships between corporate social performance and financial performance, indicating managerial implications.

To explore the relationship between corporate social performance and financial performance using enhanced data.
Utilized an improved dataset on corporate social performance.
Conducted a rigorous empirical analysis to assess linkages.
Examined both prior and future financial performance in relation to corporate social performance.
Corporate social performance is positively associated with prior financial performance.
Good management practices show a positive relationship with corporate social performance.
Future financial performance is also positively associated with corporate social performance.

Waddock et al. (1997) studied this question.

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