ŠVECOVÁ, Jana a Michal JIRÁSEK. Happy to share what I do: effect of financial performance and performance feedback on CSR reporting. In Innovation Management, Entrepreneurship and Sustainability Conference (IMES). 2019.
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Základní údaje
Originální název Happy to share what I do: effect of financial performance and performance feedback on CSR reporting
Autoři ŠVECOVÁ, Jana (203 Česká republika, garant, domácí) a Michal JIRÁSEK (203 Česká republika, domácí).
Vydání Innovation Management, Entrepreneurship and Sustainability Conference (IMES), 2019.
Další údaje
Originální jazyk angličtina
Typ výsledku Prezentace na konferencích
Obor 50204 Business and management
Stát vydavatele Česká republika
Utajení není předmětem státního či obchodního tajemství
Kód RIV RIV/00216224:14560/19:00110890
Organizační jednotka Ekonomicko-správní fakulta
Klíčová slova anglicky Corporate social responsibility; Financial performance; Performance feedback; CSR reporting
Změnil Změnila: Mgr. Daniela Marcollová, učo 111148. Změněno: 2. 4. 2020 15:46.
Anotace
Purpose: The purpose of this paper is to investigate the impact of a corporate financial performance (CFP) on corporate social responsibility (CRS) reporting, regarding both the overall level of disclosure and its changes. Design/methodology/approach: We use panel data models on a sample of the US companies that were part of S&P500 stock market index by June 2018. Data are retrieved from Bloomberg database, and we use ROA as a financial performance measure and ESG disclosure score as a proxy for CSR reporting. Findings: The results show that the overall level of CSR reporting is not affected by ROA. However, its changes are subject to performance feedback and we identify inverted U-shape effect for negative performance feedback. Research/practical implications: We show that CSR reporting may be a subject to different effects of CFP than previous literature shows for CSR activities. Therefore, researchers should distinguish between the two perspectives on CSR. Additionally, our findings may be helpful in understanding the overall CFP CSR relationship. Originality/value: This paper is the first that directly test the effect of performance feedback on CSR reporting and thus significantly contributes to existing literature examining CSR CFP relationship. We show that firms react to performance feedback with changes in their CSR reporting.
Návaznosti
MUNI/A/1148/2018, interní kód MUNázev: Faktory ovlivňující rozhodování stakeholderů: Experimenty
Investor: Masarykova univerzita, Faktory ovlivňující rozhodování stakeholderů: Experimenty, DO R. 2020_Kategorie A - Specifický výzkum - Studentské výzkumné projekty
VytisknoutZobrazeno: 29. 3. 2024 14:06