CSR related management practices and firm performance: An empirical analysis of the quantity–quality trade-off on French data

Crifo, Patricia; Diaye, Marc-Arthur; Peković, Sanja

doi:10.1016/j.ijpe.2014.12.019

Cited by 128 publications

(90 citation statements)

References 64 publications

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“…The literature [9][10][11][12][13][14][15][41][42][43][44] has fully considered the consumer surplus caused by CSR but not the investment cost of CSR. Crifo et al [45] analyzed the impact of different combinations of CSR on economic performance, and compared the results from the quality and quantity of CSR. Wu et al [46] proposed two contracts, flexible quantity discount contract and wholesale price contract, in order to encourage suppliers to invest in CSR.…”

Section: Literature Reviewmentioning

confidence: 99%

A Supply Chain Coordination Mechanism with Cost Sharing of Corporate Social Responsibility

Liu

Quan

et al. 2018

Sustainability

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Abstract:The competition of modern enterprises has shifted from brand competition among enterprises of the past to that of supply chains; and considering corporate social responsibility (CSR) within supply chain management has become an inevitable requirement for improving the competitiveness of enterprises and conforms to the trend of standardization of social responsibility guidelines. This paper deals with channel coordination and decision-making in a CSR supply chain that is comprised of a dominant retailer and n homogeneous suppliers. The Stackelberg game is employed to analyze the optimal decision-making of this supply chain under either decentralized or centralized decision-making processes. After that, the thought and method of super conflict equilibrium are used to design the coordination decision-making mechanism of this supply chain based on the cost sharing of CSR to solve channel conflict and to optimize the decision. The results show that the proposed mechanism based on the cost sharing of CSR is better than those with only either the retailer or the suppliers being CSR; and it can well describe the relationship between the retailer and the suppliers, and increase the eagerness of the retailer and suppliers to carry out their CSR under various circumstances without having the profits adversely affected. As a matter of fact, this mechanism maximizes the profits of the entire supply chain system and also enhances the competitiveness of the chain.

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Section: Literature Reviewmentioning

confidence: 99%

A Supply Chain Coordination Mechanism with Cost Sharing of Corporate Social Responsibility

Liu

Quan

et al. 2018

Sustainability

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“…Due to the nature of CSR's multi-dimensional facets, such as human rights, environment, community, employee relations, corporate governance, and business behaviors toward customers and suppliers, the determination of a corporate's CSR performance is a challenging and critical task (Crifo et al, 2016;. To overcome this obstacle and offer decision makers a thorough assessment on CSR, Global Views, which is one of Taiwan's most prestigious publishing groups, takes the Principle of ISO 26000 Social Responsibility (International Organization for Standardization) when it issues its Corporate Social Responsibility Award based on 7 core subjects: organization governance, consumer issues, community involvement and development, human rights, labor practices, environment, and fair operating practices.…”

Section: Corporate's Csr Performance Determination and Csr-related Comentioning

confidence: 99%

“…CSR considers the voluntary integration of social and environmental concerns in a corporate's operations and in its interaction with stakeholders (Commission of the European Communities, 2001), turning it into one of the most attractive topics of the global economy (Isaksson & Steimle, 2009;Crifo, Diaye, & Pekovic, 2016;Zhu, Liu, & Lai, 2016). Although there are various definitions and dimensions of CSR in the extant context, Carroll's (1979Carroll's ( , 1991Carroll's ( , 1998 definition with four CSR dimensions has been widely utilized: a corporate should (1) comply with laws and regulations announced by public sectors or governments in its operations, (2) meet stakeholders' expectations and protect them regardless if these activities are not codified into law, (3) make goods or services for buyers to gain appropriate profitability in the process, and (4) meet stakeholders' expectations in the corporate's engagement of strengthening and increasing human welfare or firm reputation.…”

Section: Introductionmentioning

confidence: 99%

“…Moreover, CSR may function similarly to advertising, by increasing demand for products and services, reducing consumer price sensitivity (Navarro, 1988;Sen & Bhattacharya, 2001;Cheng, Ioannou, & Serafeim, 2014;Fatma, Rahman, & Khan, 2016;, facilitating corporates to establish intangible assets (Hull & Rothenberg, 2008), mitigating the likelihood of legislative procedure (Freeman, 1984), increasing the buying intention of socially conscious consumers (Hillman & Keim, 2001), and attracting economic resources from socially responsible investors (Kapstein, 2001). However, even if several studies conclude that the relationship between corporate operating performance and CSR is positive, there is no concrete consensus so far (Crifo et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

“…Consequently, implementing a singular item as a proxy to represent the corporate's CSR status would mislead the research outcome about the relationship between CSR and operating performance (Surroca, Tribo, & Waddock, 2010) -that is, some forms of socially responsible behaviors have positive impacts on corporate operating performance while others do not. Therefore, there is an urgent requirement to break down CSR among the multiple dimensions in order to examine its potential impact on corporate operating performance (Barcos, Barroso, Surroca, & Tribó, 2013;Crifo et al, 2016).…”

Section: Introductionmentioning

confidence: 99%

See 2 more Smart Citations

Decision Making by Extracting Soft Information From CSR News Report

Lin

Hsu

2018

Technological and Economic Development of Economy

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Abstract. This study examines the impact of corporate social responsibility (CSR) news reports on corporate operating performance forecasting using a large database of publicly-listed electronics firms in Taiwan. Applying text mining techniques and latent topic modelling, we construct and measure the intensity of the CSR-corpus index (ICSRI), which can compress tremendous amounts of CSR textual information content into synthesized meaningful dimensions. By doing so, we are able to break down CSR news reports into multiple dimensions and then examine which dimension(s) affects operating performance. To offer decision-makers with a comprehensive, overarching view of the corporate's operations, this study incorporates balanced scorecards (BSC) and multiple criteria decision analysis (MCDA) to form a final performance rank. The proposed approach, supported by real samples, can assist both internal and external stakeholders in allocating scarce resources to specific CSR dimensions to enhance a corporate's growth potential as well as to achieve a win-win situation.

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Corporate ESG reporting quantity, quality and performance: Where to now for environmental policy and practice?

2021

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Environmental, social and governance (ESG) issues are driving corporate strategy and performance. However, does this mean more ESG reporting is being done? If so, is the quality of ESG reports improving? And what about ESG performance? In this paper, we examine these three trends in ESG reporting-quantity, quality and corporate ESG performance. With a Swedish multinational corporate focus, we analyse data from Sustainalytics, corporateregister.com and the Alliance for Corporate Transparency to answer our research questions. Our analysis shows that, while the quality of ESG information in Sweden has steadily improved, performance plateaued around 2015. Mitigating problems such as the impacts of climate change and COVID-19 call for improved ESG performance, not improved ESG reporting quantity or quality. Thus, rather than focusing on improving ESG reporting regulations, we need to redirect our focus towards creating better ESG outcomes. Therefore, we argue that companies must be asked to provide data that are more timely, relevant, credible and comparable and that demonstrate improved ESG performance. With this information, financial analysts and investors can redirect and accelerate capital flows towards corporate investments that help tackle important problems related to climate crises and the reaching of a sustainable development. Our analysis reveals that we need more research focusing on consumers, investors and policymakers. Future scholars could explore how changing consumer preferences are driving improvements in ESG performance and how changing capital market allocations affect ESG performance.

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CSR related management practices and firm performance: An empirical analysis of the quantity–quality trade-off on French data

Cited by 128 publications

References 64 publications

A Supply Chain Coordination Mechanism with Cost Sharing of Corporate Social Responsibility

A Supply Chain Coordination Mechanism with Cost Sharing of Corporate Social Responsibility

Decision Making by Extracting Soft Information From CSR News Report

Corporate ESG reporting quantity, quality and performance: Where to now for environmental policy and practice?

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