dc.contributor.author
Martí-Ballester, Carmen-Pilar
dc.contributor.author
Rovira Val, Ma. Rosa
dc.contributor.author
Drescher, Lisa G. J.
dc.identifier
https://ddd.uab.cat/record/141565
dc.identifier
urn:10.1002/csr.1347
dc.identifier
urn:oai:ddd.uab.cat:141565
dc.identifier
urn:recercauab:ARE-72876
dc.identifier
urn:articleid:15353958v22n5p257
dc.identifier
urn:scopus_id:84942297456
dc.identifier
urn:wos_id:000362981100004
dc.identifier
urn:oai:egreta.uab.cat:publications/fa60ebaa-dbf6-4b70-bf1b-407f5a8fb832
dc.description.abstract
The aim of this study is to analyze the effect exerted by corporate social strategies on (short-term and long-term) corporate financial performance (CFP). To this end, we use data on firms listed in the Stoxx Europe 600 index and Stoxx Europe Sustainability index from 2007 to 2010. On the sample data, we implement random and fixed effects panel data methodology corrected by heteroskedasticity, serial correlation, and/or cross-sectional dependence. The results obtained show that the implementation of corporate social responsibility (CSR) strategy, the level of economic development of the country and firm size determine CFP. In addition, the investment in research and development influences the return on assets while the company's financial slack affects the Tobin's Q. So, companies that contribute to sustainable development incur higher CFP Environment
dc.format
application/pdf
dc.relation
Corporate Social Responsibility and Environmental Management ; Vol. 22, Num. 5 (2015), p. 257-319
dc.rights
Aquest material està protegit per drets d'autor i/o drets afins. Podeu utilitzar aquest material en funció del que permet la legislació de drets d'autor i drets afins d'aplicació al vostre cas. Per a d'altres usos heu d'obtenir permís del(s) titular(s) de drets.
dc.rights
https://rightsstatements.org/vocab/InC/1.0/
dc.subject
Responsabilitat social de l'empresa
dc.subject
Corporate social responsibility
dc.subject
Sustainable development
dc.subject
Corporate social performance
dc.subject
Corporate financial performance
dc.title
Are firms that contribute to sustainable development better financially?
