Ambition Versus Conscience, Does Corporate Social Responsibility Pay off? The Application of Matching Methods

By Chung-Hua Shen, Yuanchen Chang. 2009

184 citations recorded by the source corpus.

Subfields: Accounting, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/884e6a2fbbdc0654ffd63dbbbf244768f109f6e5

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Citations in the corpus

Revisiting the impact of ESG on financial performance of FTSE350 UK firms: Static and dynamic panel data analysis (2021, background): “…maximize profit (Friedman, 1970) as engaging in CSR activities involves higher costs, thereby increasing the conflict of interest (Greening & Turban, 2000) among stakeholders (Barnett, 2007), which triggers competitive disadvantages and eventually diminishes firms’ performance (Shen & Chang, 2009).”
Corporate social responsibility in the banking industry: Motives and financial performance (2013, methodology): “4 For example, using Taiwanese data, Shen and Chang (2009, 2011a) suggest that CSR firms exhibit a positive relation to CSR activities and earnings.”
Modeling Corporate Citizenship, Organizational Trust, and Work Engagement Based on Attachment Theory (2010, background): “Despite many studies linking corporate citizenship to instrumental factors (e.g., performance, profit, and purchase) (e.g., Maxfield, 2008; Shen and Chang, 2009), our current knowledge about how corporate citizenship impacts affective or relational factors, particularly organizational trust and…”
Impact of corporate social responsibility initiatives on Taiwanese banking customers (2011, background): “Yet in Taiwan, faced with scrutiny from overseas customers and market regulators, companies are taking heed of CSR ( Shen and Chang, 2009”
An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance (2015, background): “According to Barnett [2], and Shen and Chang [3], a firm’s investment in CSR generally does not benefit a firm and its shareholders.”