Corporate Social and Financial Performance: A Meta-Analysis

By Marc Orlitzky, Frank L. Schmidt, S. Rynes. 2003

7,676 citations recorded by the source corpus.

Subfields: Building and Construction, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/6407b46b6a71f1e4b7f94ea5daebfa3e56a8a2b8

How researchers see this paper

The researchers whose trusted networks rank it highest, strongest advocate first. Every researcher gets a different order.

In Building and Construction

In Marketing

In Strategy and Management

Citations in the corpus

The contribution of corporate social responsibility to organizational commitment (2007, background): “In light of this, significant strands of research have investigated whether there are financial payoffs to increased social responsiveness (Griffin and Mahon, 1997; McWilliams and Siegel, 2000; Orlitzky et al., 2003; Waddock and Graves, 1997), the influence of perceptions concerning corporate social”
How Well Do Social Ratings Actually Measure Corporate Social Responsibility? (2008, neutral): “Many of the more than 100 empirical studies that have investigated the relationship between CSR and financial performance (see Margolis and Walsh, 2003) have found a positive association (e.g., Russo and Fouts, 1997; Orlitzky et al., 2003).”
The effects of environmental, social and governance disclosures and performance on firm value: A review of the literature in accounting and finance (2017, neutral): “Both previous literature reviews (Malik, 2015; Margolis and Walsh, 2003) and meta-analyses (Friede, Busch, and Bassen, 2015; Lu and Taylor, 2016; Margolis et al., 2009; Orlitzky et al., 2003) document that the majority of studies in this field bring forward evidence of this positive link, with a siz”
A Meta-Analytic Review of Corporate Social Responsibility and Corporate Financial Performance (2016, methodology): “The meta-analysis supports the Orlitzky et al. (2003) suggestion that capital market participants dismiss certain concrete behavioral measures of CSR, because there is no theory to explain why stockholders would buy a company’s stock for its high-level donation.”
Strategy and commitments to institutional logics: Organizational heterogeneity in business models and governance (2016, background): “…the relative emphasis on market versus corporate goals (Haleblian and Finkelstein, 1993), market versus family goals (McCann et al., 2001), or on market versus community goals, particularly as related to corporate social responsibility (Orlitzky et al., 2003), on firms’ financial performance.”
Consistency Matters! How and When Does Corporate Social Responsibility Affect Employees’ Organizational Identification? (2016, background): “…John Wiley & Sons Ltd and Society for the Advancement of Management Studies institutional and organizational levels of analysis and mainly considers the financial consequences for organization to adopt a more socially responsible business model (Aguinis and Glavas, 2012; Orlitzky et al., 2003).”
Mainstreaming Corporate Social Responsibility: Developing Markets for Virtue (2007, background): “Although a host of methodological problems continue to plague this research, recent scholarly work has built a case for a significant positive relationship between CSR and profitability.(10) Such a connection is also supported by a number of indexes, such as the Jantzi Social Index that compares the”
Employee reactions to corporate social responsibility: an organizational justice framework (2006, background): “In other words, CSR is typically identified as a macro-level activity that has macro level consequences ( Orlitzky, Schmidt, & Rynes, 2003 ), and as a result, it has received scant attention within the micro organizational behavior literature.”
Corporate Governance Quality and CSR Disclosures (2013, background): “Alternatively, Orlitzky et al. (2003) argue that CSR activities give rise to improved corporate ﬁnancial performance rather than good performance allowing (or compelling) CSR activities.”
Corporate Social Responsibility: Perspectives on the CSR Construct’s Development and Future (2021, methodology): “Based on decades of research, these researchers concluded that “there is a positive association between CSP and CFP across industries and across study contexts” (Orlitzky et al., 2003, p. 423).”
Why would corporations behave in socially responsible ways? an institutional theory of corporate social responsibility (2007, background): “…literature on corporate social responsibility suggests that firms whose financial performance is weak are less likely to engage in socially responsible corporate behavior, conventionally defined, than firms whose financial performance is strong (e.g., Margolis & Walsh 2001; Orlitzky et al., 2003).”