Revisiting the Vexing Question: Does Superior Corporate Social Performance Lead to Improved Financial Performance?

By Darren D. Lee, R. Faff, Kim Langfield-Smith. 2009

227 citations recorded by the source corpus.

Subfields: Accounting, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/7c31aa3e0090f13532139b2491e442f38300150e

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Citations in the corpus

Do customer satisfaction and reputation mediate the CSR–FP link? Evidence from Australia (2012, methodology): “For example, a recent study on CSR and FP by Australian researchers omitted the use of a sample of local firms (Lee et al., 2009).”
Corporate Social Responsibility and Financial Performance: An Empirical Analysis on Greek Companies (2010, methodology): “Return On Assets (ROA) was widely used as we observed in the following studies: Hull and Rothenberg, 2008; Mahoney and Roberts, 2007; Waddock and Graves, 1997; Lee et al., 2009; D'Arcimoles and Trebucq, 2002; Aras et al., 2010; Bhagat and Bolton, 2008; Fernandez-Sanchez and Sotorrıo, 2007).”
Sustainability Matter and Financial Performance of Companies (2017, background): “In previous literature, while some papers focus their research on one determined industry, such as [20,68], others explore firms belonging to different industries, such as [54,58,59].”
Disclose or not disclose: determinants of social reporting for STOXX Europe 600 firms (2010, unknown): “Lo and Sheu (2007), Lopez et al. (2007), Lee and Faff (2009) and Lee et al. (2009) .”
Post-innovation CSR Performance and Firm Value (2015, unknown): “…a negative or lack of association between CSR and financial/market performance (e.g., Fombrun and Shanley 1990; Hamilton et al. 1993; Klassen and Whybark 1999; McWilliams and Siegel 2000; Miles et al. 2002, 2004; Bauer et al. 2005; Brammer et al. 2006; Renneboog et al. 2008; Lee et al. 2009, 2013).”
Sustainability Practices and Corporate Financial Performance: A Study Based on the Top Global Corporations (2011, unknown): “Lee et al. (2009) suggest that the leading corporate social performance (CSP) firms proactively manage their CSP profile and obtain lower cost of equity capital, thereby indicating that financial markets value CSP.”
Do socially responsible investment indexes outperform conventional indexes? (2012, background): “Although it is not the focus of this study, it is worth noting that the literature examining CSR issues at the stock level include Kempf and Osthoff (2007), Filbeck et al. (2008) and Lee et al. (2009).”
How does corporate social responsibility contribute to firm financial performance? The mediating role of competitive advantage, reputation, and customer satisfaction (2015, result): “The findings of the current study about the effects of control variables are consistent with those (e.g. Galbreath & Shum, 2012; Lee et al., 2009; Orlitzky et al., 2011; Webb, 2004) who confirmed the lack of influence of these variables in studies of CSR.”