People and profits? : the search for a link between a company's social and financial performance

By Joshua D. Margolis, James P. Walsh. 2001

1,106 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/51e4ea83265760cfc903a930d023dc678387c56f

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Citations in the corpus

Corporate Social Responsibility and Stock Price Crash Risk (2014, neutral): “A large number of studies have investigated the link between corporate social performance and corporate financial performance (e.g., Roman et al., 1999; Margolis and Walsh, 2001; Jiao, 2010; Kim and Statman, 2012).”
Introduction: Contributions to the Discipline of Positive Organizational Scholarship (2004, background): “Mayne (1999) found that studies of the relationship between negative phenomena and health outnumbered, by 11 to 1, studies of the relationship between positive phenomena and health.”
The Impact of Corporate Social Responsibility on Firm Value: The Role of Customer Awareness (2012, neutral): “The relation between CSR activities and firm value is unclear partly because of methodological concerns (Margolis and Walsh 2001) and, in particular, model misspecification.”
The Complementarity between Corporate Governance and Corporate Social Responsibility (2005, neutral): “32 Margolis and Walsh (2001).”
Institutional Logics in the Study of Organizations: The Social Construction of the Relationship between Corporate Social and Financial Performance (2011, background): “…extant measures of CSP and CFP are far from perfect (see, e.g., Chatterji & Levine, 2006; Chatterji, Levine & Toffel, 2009; Griffin & Mahon, 1997; Margolis & Walsh, 2001; Mattingly & Berman, 2006; Meyer & Gupta, 1994; Orlitzky & Benjamin, 2001; Orlitzky et al., 2003; Rowley & Berman, 2000;…”
Is Doing Good Good for You? How Corporate Charitable Contributions Enhance Revenue Growth (2009, neutral): “Findings from this research generally indicate a positive relation between CSR and corporate economic performance, particularly in recent years (Capon, Farley, and Hoenig, 1990; Roman, Hayibor, and Agle, 1999; Margolis and Walsh, 2001; Orlitzky, Schmidt, and Rynes, 2003).”
Corporate social responsibility: Doing well by doing good (2007, background): “Among scholars, Margolis and Walsh (2001) and Orlitzky, Schmidt, and Rynes (2003) present a broad review of the existing literature, arriving at the same conclusion that the market rewards enterprises' social activities.”
An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance (2015, methodology): “After reviewing 18 papers of previous CSR literature, Margolis and Walsh [14] determined that only 53% of these papers showed a positive relationship between CSR and financial performance, implying the unidentified and confused relationship between these two variables [16].”
Is Corporate Social Responsibility Performance Associated with Tax Avoidance? (2014, neutral): “…and Van Staden 2006, 2010, 2011; Clarkson et al. 2008, 2011), and to a smaller degree the association between CSR and financial performance (e.g., Margolis and Walsh 2001; Scholtens 2008; Callan and Thomas 2009), CSR and earnings management (e.g., Patten and Trompeter 2003; Yip et al. 2011; Kim…”
Evaluation of strategic and financial variables of corporate sustainability and ESG policies on corporate finance performance (2021, background): “Scholtens (2008), Margolis and Walsh (2001), Ingio and Albareda (2019), and Miralles-Quiros, Miralles-Quiros, and Nogueria (2019) all state that it is very difficult to measure the sustainability of firms for this very reason.”
Green Management Matters Only if it Yieds More Green: An Economic/Strategic Perspective (2009, methodology): “Marvel (1977) described an example of this type of political strategy in the British textile industry in the early 1800s (on a nonenvironmental issue). The first child labor law was enacted in the United Kingdom after the mill owners who employed modern technology banded together and lobbied for res”
Legitimacy, Visibility, and the Antecedents of Corporate Social Performance: An Investigation of the Instrumental Perspective (2011, result): “Overall, this finding is important because it unveils linkages between visibility, profitability, and CSP, and provides further insights into the mixed results of previous research on profitability and CSP (Margolis & Walsh, 2001; Orlitzky et al., 2003; Wu, 2006).”