Does it pay to be different? An analysis of the relationship between corporate social and financial performance

By Stephen Brammer, A. Millington. 2008

1,396 citations recorded by the source corpus.

Subfields: Information Systems and Management, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/9cb1d44747c5d24a5c1547928250533b87d73f77

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Citations in the corpus

How Corporate Social Responsibility Engagement Strategy Moderates the CSR–Financial Performance Relationship (2012, positive): “Thus, this study rests on previous findings regarding the benefits of CSR discovered by RBV scholars (Brammer and Millington, 2008; Russo and Fouts, 1997) but draws heavily on the nascent movement of dynamic CSR (Margolis et al., 2009).”
ESG Ratings and Stock Performance during the COVID-19 Crisis (2021, background): “In this respect, firms which are socially unresponsive have lower costs and could therefore earn higher profits than socially responsive firms [32].”
Firm Litigation Risk and the Insurance Value of Corporate Social Performance (2013, background): “Different aspects of CSP are differently motivated and may, accordingly, have different implications for CFP (Brammer and Millington, 2008).”
The Mirror Effect: Corporate Social Responsibility, Corporate Social Irresponsibility and Firm Performance in Coordinated Market Economies and Liberal Market Economies (2019, background): “The most widely researched area in CSR is the relationship between social responsibility and firms’ financial performance (Brammer and Millington, 2008; McWilliams and Siegel, 2000).”
Does CSR Influence Firm Performance Indicators? Evidence from Chinese Pharmaceutical Enterprises (2019, background): “Prior literature has not yet reached a consensus on the nature of the relationship between CSR and firm performance [5,6].”
The Harm of Symbolic Actions and Green-Washing: Corporate Actions and Communications on Environmental Performance and Their Financial Implications (2012, methodology): “It might also lead to increased environmental performance as these firms seek to appease the increased demands from stakeholders and to avoid or preempt environmental legislation (Brammer and Millington 2008).”
Evolutionary Competition in a Mixed Market with Socially Concerned Firms (2014, neutral): “…Social Performance and Corporate Financial Performance do not show clear-cut results (McWilliams et al., 2006; McWilliams and Siegel, 2000), although newer studies show a tendency towards a positive relation under certain conditions (e.g. Servaes and Tamayo, 2013; Brammer and Millington, 2008).”
Unraveling the effects of environmental outcomes and processes on financial performance: A non-linear approach (2014, background): “Many scholars have countered the dominant assumption of linearity in studies on the relationship between environmental and financial performance (Brammer and Millington, 2008; Marcus and Fremeth, 2009; Wagner et al., 2002).”
Corporate social responsibility and innovative capacity: Intersection in a macro-level perspective (2018, neutral): “Brammer and Millington (2008) denote an association between R&D intensity with charitable contributions (as a surrogate of CSR engagement) while Lopez et al. (2008) also confirm a positive relationship between R&D expenditures and CSR-oriented practices and targets, yet, their findings do not…”
Attention allocation to multiple goals: The case of for‐profit social enterprises (2015, background): “In contrast, high firm performance relaxes the focus of attention on activities associated with short-term performance, which allows firms to divert attention from economic goals to social goals (Brammer and Millington, 2008).”