Measuring Corporate Social Performance: A Review

The David W. Wilson Chair in Business Ethics, University of Northern Iowa, Cedar Falls, IA 50614, USA
International Journal of Management Reviews (Impact Factor: 3.58). 02/2010; 12(1):50 - 84. DOI:10.1111/j.1468-2370.2009.00274.x

ABSTRACT This paper reviews the literature on corporate social performance (CSP) measurement and sets that literature into a theoretical context. Following a review of CSP theory development and the literature on relationships between CSP and corporate financial performance, Wood's CSP model (Wood, D.J. (1991). Corporate social performance revisited. Academy of Management Review, 16, pp. 691–718) is used as an organizing device to present and discuss studies that use particular measures of CSP. Conclusions emphasize the need for CSP scholars to refocus on stakeholders and society, and to incorporate relevant literatures from other scholarly domains.

0 0
  • Source
    [show abstract] [hide abstract]
    ABSTRACT: This study develops and applies a multicriteria analytic hierarchy process (AHP) to assess the level of exposure to the so-called carbon risk for a selected group of oil companies. Within this framework, the study identified the properties that might positively or negatively influence the carbon-risk exposure of such companies and quantified such properties using AHP. Results show the coexistence of proactive and reactive companies in minimizing their level of exposure, particularly regarding energy efficiency and resource funding indicators. The study also discusses the advantages and restrictions of applying AHP for quantifying vulnerability of carbon-intensive companies to climate policies, represented here by oil companies.
    Energy Strategy Reviews. 09/2012; 1(2):122–129.
  • [show abstract] [hide abstract]
    ABSTRACT: We investigate what drives responsible investment of European pension funds. Pension funds are institutional investors who assure the income of part of the population for a long period of time. Increasingly, stakeholders hold pension funds accountable for the non-financial consequences of their investments and many funds have engaged in responsible investing. However, it appears that there is a wide difference between pension funds in this respect. We investigate what determines pension funds’ responsible investments on the basis of a survey of more than 250 pension funds in 15 European countries in 2010. We use multinomial logistic regression and find that especially legal origin of the country, ownership of the pension fund and fund size-related variables are to be associated with pension funds' responsible investment. For fund size, we establish a curvilinear relationship; especially the smallest and largest pension funds in the sample tend to engage with responsible investing.
    Journal of Business Ethics 09/2012; · 0.96 Impact Factor
  • [show abstract] [hide abstract]
    ABSTRACT: CSR has emerged as a view that can add to the financial performance of a company and suggests that corporate decision-makers must take care of a range of social and environmental affairs in order to maximise long-term financial returns. This study intends to get to grips with and derive the perceptivity of corporate social behaviour towards its stakeholders along with justifying its triple bottom line benefits while filling the literary gap through replicating and extending previous findings on social and financial performance of firms. In doing so, this study also attempts to analyse in detail the aforesaid relationship and discuss the effectiveness of social and financial performance along with competitive performance of sample Indian companies. The results identify critical Indian CSR factors and determine their importance in shaping the CSP-CFP relationship, on the basis of which further research in sectors identified as weak may be carried out.
    07/2012, Degree: Ph D, Supervisor: A K SHARMA


Available from