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  1. Corporate Social Responsibility, Ownership Structure, and Political Interference: Evidence from China. [REVIEW]Wenjing Li & Ran Zhang - 2010 - Journal of Business Ethics 96 (4):631 - 645.
    Prior research suggests that ownership structure is associated to corporate social responsibility (CSR) in developed countries. This article examines whether and how ownership structure affects CSR in emerging markets using Chinese firms' social responsibility ranking. Our empirical evidences show that for non-state-owned firms, corporate ownership dispersion is positively associated to CSR. However, for state-owned firms, whose controlling shareholder is the state, this relation is reversed. We attribute the reversed relationship to political interferences and further test this hypothesis by demonstrating that (...)
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  • Corporate Social Performance and Firm Risk: A Meta-Analytic Review.Marc Orlitzky & John D. Benjamin - 2001 - Business and Society 40 (4):369-396.
    Building on earlier work on the relationship between corporate social performance (CSP) and a firm’s financial performance, this integrative empirical study supports the theoretical argument that the higher a firm’s CSP the lower its financial risk. Specifically, the relationship between CSP and risk appears to be one of reciprocal causality, because prior CSP is negatively related to subsequent financial risk, and prior financial risk is negatively related to subsequent CSP. Additionally, CSP is more strongly correlated with measures of market risk (...)
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  • (1 other version)The relationship between corporate social performance, and organizational size, financial performance, and environmental performance: An empirical examination. [REVIEW]Peter A. Stanwick & Sarah D. Stanwick - 1998 - Journal of Business Ethics 17 (2):195-204.
    The purpose of this study is to examine the relationship between the corporate social performance of an organization and three variables: the size of the organization, the financial performance of the organization, and the environmental performance of the organization. By empirically testing data from 1987 to 1992, the results of the study show that a firm's corporate social performance is indeed impacted by the size of the firm, the level of profitability of the firm, and the amount of pollution emissions (...)
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  • A Model of the Global and Institutional Antecedents of High-Level Corporate Environmental Performance.Mark P. Sharfman, Teresa M. Shaft & Laszlo Tihanyi - 2004 - Business and Society 43 (1):6-36.
    Stories of firms that exceed local compliance requirements in their environmental performance appear routinely. However, we have limited theoretical explanations of what propels these firms to exceed compliance. Our theory suggests that global competitive and institutional pressures lead multinational firms to develop highlevel, environmental management systems (EMS) that make them more competitive. For economic and other reasons, select firms make the choice to rationalize their collective environmental performance to the highest common denominator rather than the lowest. Regulations around the world (...)
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