THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK

Sandra Waddock; Samuel B. Graves · Strategic Management Journal · 1997

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Author / responsible party

Sandra Waddock; Samuel B. Graves

Publisher

Strategic Management Journal

Year

1997

Language

English

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Strategic managers are consistently faced with the decision of how to allocate scarce corporate resources in an environment that is placing more and more pressures on them. Recent scholarship in strategic management suggests that many of these pressures come directly from sources associated with social issues in management, rather than traditional arenas of strategic management. Using a greatly improved source of data on corporate social performance, this paper reports the results of a rigorous study of the empirical linkages between financial and social performance. Corporate social performance (CSP) is found to be positively associated with prior financial performance, supporting the theory that slack resource availability and CSP are positively related. CSP is also found to be positively associated with future financial performance, supporting the theory that good management and CSP are positively related.© 1997 by John Wiley & Sons, Ltd

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APA 7

Waddock, S. & Graves, S. B. (1997). THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK. https://doi.org/10.1002/(sici)1097-0266(199704)18:4<303:aid-smj869>3.0.co;2-g

MLA

Waddock, Sandra, and Samuel B. Graves. "THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK." 1997. https://doi.org/10.1002/(sici)1097-0266(199704)18:4<303:aid-smj869>3.0.co;2-g.

Chicago

Waddock, Sandra and Samuel B. Graves. 1997. "THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK.". https://doi.org/10.1002/(sici)1097-0266(199704)18:4<303:aid-smj869>3.0.co;2-g.

Harvard

Waddock, S. and Graves, S. B. 1997, THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK, Strategic Management Journal, available at: https://doi.org/10.1002/(sici)1097-0266(199704)18:4<303:aid-smj869>3.0.co;2-g [Accessed 8 Aug. 2026].

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Title: THE CORPORATE SOCIAL PERFORMANCE-FINANCIAL PERFORMANCE LINK

Author / contributors: Sandra Waddock; Samuel B. Graves

Publisher: Strategic Management Journal

Publication year: 1997

Language: English

Subjects

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Scholarship; Business; Strategic management; Empirical research; Resource (disambiguation); Accounting; Strategic financial management; Corporate social responsibility; Performance management; Economics; Finance; Marketing