Corporate social responsibility and shareholder value of restaurant firms

Corporate Social Responsibility and Firm Financial Performance by the Jordanian Telecommunication Firms

“…However, most measures of CFP divided into two broad categories; accounting based measure (Bayoud, Kavanagh, & Slaughter, 2012;Mishra & Suar, 2010) and market based measure (Lioui & Sharma, 2012). Some researcher adopts both of this measure (Kim & Kim, 2014). Nevertheless, following the precedent of the previous studies, the used of accounting based measure has been received vast attention and mostly used by researcher.…”

Corporate Social Responsibility and Firm Value in the Sport Recreation Sector: A Review

“…According to Kim and Kim (2014), CSR enhances firm's goodwill and improves its image to the society which in turn improves financial performance in the sense that encourages stakeholders (employees, customers, etc. ) to support firm's core business, favoring shareholders interests.…”

“…Empirical evidence ISSN 2157-6068 2015 provides support to the argument that CSR enhances financial performance in various terms. Two recent studies by Kim and Kim (2014) and Elliott et al (2014), indicate that CSR improves firm stock market valuation and the assessment of investor's estimates (perception) of fundamental value. Put it differently, investors incorporate information of corporate CSR activities on their assessments of firm valuation since they believe that those activities enhance corporate value (are value relevant).…”

“…Barney (1991), Balabanis et al (1998) and Jones (1995) document that corporate relations with stakeholders based on honesty, mutual trust and cooperation have greater probability to lead to competitive advantages which in turn can lead to enhance financial performance. Several researchers have provided empirical evidence that CSR could be a source of competitive advantage (Porter and Kramer, 2006;Inoue and Lee, 2011) and that CSR activities positively affect various aspects of firm performance within various sectors of economic activity (industrial, financial firms, services firms, etc) like firm reputation (Brammer and Millington, 2005), consumer satisfaction (Luo and Bhattacharya, 2006), employee commitment (Peterson, 2004;Plewa and Quester, 2011), cost of capital (Cheng et al, 2006), improved profitability and stock market performance (Kim and Kim, 2014;Elliott et al, 2014;Hillman and Keim, 2001;McGuire et al, 1988;Nelling and Webb, 2009;Hamil and Morrow, 2011). Also a recent study by Mallin et al (2014) indicated that CSR activities in Islamic banks adhere to the stakeholder theory which suggests a positive association between CSR and financial performance.…”

Evaluating the Corporate Social Responsibility and Organizational Performance based on Large-Scale Data Access and Management

“…In the social background of China's economic transformation, change of the relationship between the employee and the organization is more complex, enterprise employee performance and corporate social responsibility has become the enterprises cannot withstand the pressure and motive force of development. At the macro level and enterprise financial performance of corporate social responsibility on the one hand, although there is a certain theoretical and practical significance [3], however, it is difficult to organize from the micro level to explain its mechanism of action and mechanism. The core content of big data as expected the next round of technological change, will in many aspects affect the corporate social responsibility information disclosure.…”