Abstract
The relationship between corporate social responsibility and financial performance is reexamined using a new methodology, improved technique, and industry-specific control groups. Average age of corporate assets is found to be highly correlated with social responsibility ranking. After controlling for this factor, there still is some correlation between corporate social responsibility andfinancial performance.
Keywords
Corporate social responsibilityBusinessAccountingSocial responsibilityFinancePublic relationsPolitical science
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Publication Info
- Year
- 1984
- Type
- article
- Volume
- 27
- Issue
- 1
- Pages
- 42-56
- Citations
- 1819
- Access
- Closed
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Cite This
Philip L. Cochran,
Robert A. Wood
(1984).
Corporate Social Responsibility and Financial Performance..
Academy of Management Journal
, 27
(1)
, 42-56.
https://doi.org/10.2307/255956
Identifiers
- DOI
- 10.2307/255956