Triangulating Environmental Performance: What Do Corporate Social Responsibility Ratings Really Capture?

By Magali A. Delmas, Dror Etzion, Nicholas Nairn-Birch. 2013

292 citations recorded by the source corpus.

Subfields: Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/5d714f4de9fc524222017a86d01a9bc0acdb8c9f

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Citations in the corpus

ESG Rating Disagreement and Stock Returns (2019, unknown): “See, for instance, Chatterji, Levine, and Toffel (2009); Bouten, Cho, Michelon, and Roberts (2017); Delmas, Etzion, and Nairn-Birch (2013).”
Do Ratings of Firms Converge? Implications for Managers, Investors and Strategy Researchers (2016, unknown): “Some raters measure environmental performance with indicators of a firm’s environmental processes, while others will concentrate on the firm’s environmental outcomes (Delmas et al., 2013).”
Unraveling the effects of environmental outcomes and processes on financial performance: A non-linear approach (2014, methodology): “Similar studies are methodologically suspicious because, as Delmas et al. (2013) remark, “Process measures indicate the efforts a company invests in attempting to mitigate its environmental impacts.”
Analyzing the Effect of Corporate Environmental Performance on Corporate Financial Performance in Developed and Developing Countries (2017, methodology): “The dependent variable of our model is corporate financial performance (CFP), which is measured through (1) an accounting-based measure such as Return on Assets (ROA), which reflects the short-term CFP [103]; and (2) a market-based measured, such as Tobin’s Q, which reflects the long-term CFP [19].”
Corporate Social Responsibility as a Strategic Shield Against Costs of Earnings Management Practices (2014, background): “Delmas et al. (2013) and Chatterji et al. (2014) finds a lack of consistency among CSR scores Table 5 The combined effect EM and CSR Practices on Corporate Reputation (MODEL B: Reputation; Logit models) (1) (2) (3) (4) (5) EM (Dechow et al. 1995)…”
Walking and Talking Corporate Social Responsibility: Implications of Firm Size and Organizational Cost (2016, unknown): “Indeed, empirical results show that voluntary CSR reporting decreases the cost of equity capital for publicly traded firms that are under greater media and investor scrutiny (Dhaliwal et al., 2011).”