2019
Happy to share what I do: effect of financial performance and performance feedback on CSR reporting
ŠVECOVÁ, Jana a Michal JIRÁSEKZákladní 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
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
Změněno: 2. 4. 2020 15:46, Mgr. Daniela Marcollová
Anotace
V originále
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 MU |
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