Does it Pay to Be Really Good? Addressing the Shape of the Relationship between Social and Financial Performance

By Michael L. Barnett, Robert Salomon. 2012

1,266 citations recorded by the source corpus.

Subfields: Accounting, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/d6c933a94b68ab5a6517f536267d00bb9b520412

How researchers see this paper

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

In Accounting

1. Cuili Qian
2. Nan Zhou
3. Weiqiang Tan
4. Mike W. Peng
5. K. Maas
6. Ping-Sheng Koh
7. W. Su
8. Yan-leung Cheung

In Marketing

1. Timo Busch
2. Stefan Lewandowski
3. Cuili Qian
4. Bahaaeddin Alareeni
5. Stefano Pogutz
6. Nicola Misani
7. K. Maas
8. R. E. Khoury

In Strategy and Management

1. Cuili Qian
2. Timo Busch
3. Nan Zhou
4. Stefan Lewandowski
5. Mike W. Peng
6. K. Maas
7. Nicola Misani
8. Stefano Pogutz

Citations in the corpus

• Corporate Carbon and Financial Performance Revisited (2020, result): “This claim is supported by subsequent empirical findings (Barnett & Salomon, 2012).”
• Companies, Meet Ethical Consumers: Strategic CSR Management to Impact Consumer Choice (2019, background): “…irrelevant to consumers, as signified by pessimism of ethical consumerism due to the limited popularity of ethical brands (Irwin, 2015) and the somewhat positive, but inconclusive, link between corporate social and financial performance (Barnett and Salomon, 2012; Peloza, 2009; Wang et al., 2016).”
• Virtuous nexus between corporate social performance and financial performance: a study of construction enterprises in China (2016, background): “…Salomon (2012) also point out the effect of corporate stakeholder influence capacity (SIC) on turning CSP into profit, and argue that “different firms, at any given point in time, have different profit-maximising levels of CSP due to their different stocks of SIC” (Barnett and Salomon, 2012: 1317).”
• Does a Board Characteristic Moderate the Relationship between CSR Practices and Financial Performance? Evidence from European ESG Firms (2021, methodology): “Many accounting and financial ratios: Tobin’s q (TOBINQ), return on assets (ROA), return on equity (ROE), and market-to-book value (MTBV), were used as the indicators of business performance (Barnett and Salomon 2012; Delmas et al. 2015).”
• Relationships between Corporate Social Responsibility and Financial Performance: What is the Causality? (2015, neutral): “Moreover recent literature demonstrates that the topic is still relevant (Bingham, Dyer Jr., Smith, & Adams, 2011; Perrini, Russo, Tencati, & Vurro, 2011; Baird, Geylani & Roberts, 2012; Barnett & Salomon, 2012).”
• The value of a firm’s engagement in ESG practices: Are we looking at the right side? (2021, background): “ESG practices can enhance stakeholders’ trust by accumulating social capital and strengthening their attachment to the firm (Barnett and Salomon, 2012; Fombrun et al., 2000; Godfrey, 2005; Husted, 2005; Lins et al., 2017).”
• Corporate social responsibility and financial performance: A non-linear and disaggregated approach (2016, methodology): “In line with the above we introduce the assumption of Barnett and Salomon (2012, 2006) considering that firms with higher CSP score in the index have invested more financial resources in CSR comparing to those firms with lower CSP.”