دانلود مقاله ISI انگلیسی شماره 80686
ترجمه فارسی عنوان مقاله

عملکرد اجتماعی شرکت ها، عملکرد مالی و مالکیت نهادی در شرکت های کانادایی

عنوان انگلیسی
Corporate social performance, financial performance and institutional ownership in Canadian firms
کد مقاله سال انتشار تعداد صفحات مقاله انگلیسی
80686 2007 21 صفحه PDF
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Accounting Forum, Volume 31, Issue 3, September 2007, Pages 233–253

ترجمه کلمات کلیدی
عملکرد اجتماعی شرکت ها؛ مالکیت نهادی؛ عملکرد مالی
کلمات کلیدی انگلیسی
Corporate social performance; Institutional ownership; Financial performance
پیش نمایش مقاله
پیش نمایش مقاله  عملکرد اجتماعی شرکت ها، عملکرد مالی و مالکیت نهادی در شرکت های کانادایی

چکیده انگلیسی

This study examines the relationship of corporate social performance (CSP) to financial performance (FP) and institutional ownership. We perform our empirical analyses on a large-sample of publicly held Canadian firms and use a novel independent measure of CSP. Based on tests utilizing four years of panel data, we found no significant relationship between a composite measure of firms’ CSP and FP. However, we found significant relationships between individual measures of firms’ CSP regarding environmental and international activities and FP. Our findings indicate a significant relationship between firms’ composite CSP measure and the number of institutions investing in firms’ stock. In addition, we found significant relationships between firms’ CSP ratings regarding their international activities and product quality and the number of institutions investing in firms’ stock. These findings, while subject to the limitations inherent in the use of specific CSP measures, provide mixed support for the business case for CSP.