The relationship between corporate social responsability and shareholder value : (Record no. 32567)
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| 000 -LEADER | |
|---|---|
| fixed length control field | 02188naa a2200205uu 4500 |
| 001 - CONTROL NUMBER | |
| control field | 0042611065337 |
| 003 - CONTROL NUMBER IDENTIFIER | |
| control field | OSt |
| 005 - DATE AND TIME OF LATEST TRANSACTION | |
| control field | 20190211171156.0 |
| 008 - FIXED-LENGTH DATA ELEMENTS--GENERAL INFORMATION | |
| fixed length control field | 100426s2009 xx ||||gr |0|| 0 eng d |
| 999 ## - SYSTEM CONTROL NUMBERS (KOHA) | |
| Koha Dewey Subclass [OBSOLETE] | PHL2MARC21 1.1 |
| 041 ## - LANGUAGE CODE | |
| Language code of text/sound track or separate title | eng |
| 100 1# - MAIN ENTRY--PERSONAL NAME | |
| Personal name | GODFREY, Paul C. |
| 9 (RLIN) | 39638 |
| 245 10 - TITLE STATEMENT | |
| Title | The relationship between corporate social responsability and shareholder value : |
| Remainder of title | an empirical test of the risk management hypothesis |
| 260 ## - PUBLICATION, DISTRIBUTION, ETC. | |
| Place of publication, distribution, etc. | Bognor Regis : |
| Name of publisher, distributor, etc. | Wiley-Blackwell, |
| Date of publication, distribution, etc. | April 2009 |
| 520 3# - SUMMARY, ETC. | |
| Summary, etc. | Do shareholders gain when managers disperse corporate resources through activities classified as corporate social responsibility (CSR)? Strategy scholars have recently developed a theoretical model that links such activities to shareholder value when a firm suffers a negative event; we test key portions of this theory of the insurance-like property of CSR activity. We posit that such activity leads to positive attributions from stakeholders, who then temper their negative judgments and sanctions toward firms because of this goodwill. We extend the risk management model by theorizing that some types of CSR activities will be more likely to create goodwill and offer insurance-like protection than other types. We delineate several firm and event specific characteristics that we expect to influence the link between CSR activities and an insurance effect. We then test our model using an event study of 178 negative legal/regulatory actions against firms throughout the 11 years from 1993-2003. We find that participation in institutional CSR activities - those aimed at a firm's secondary stakeholders or society at large - provides an insurance-like benefit, while participation in technical CSRs - those activities targeting a firm's trading partners - yields no such benefits. We conclude by considering the implications of our findings for future theorizing and research into the economic value of CSR engagement. |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | MERRILL, Craig B. |
| 9 (RLIN) | 39639 |
| 700 1# - ADDED ENTRY--PERSONAL NAME | |
| Personal name | HANSEN, Jared M. |
| 9 (RLIN) | 39640 |
| 773 08 - HOST ITEM ENTRY | |
| Title | Strategic Management Journal |
| Related parts | 30, 4, p. 425-445 |
| Place, publisher, and date of publication | Bognor Regis : Wiley-Blackwell, April 2009 |
| International Standard Serial Number | ISSN 01432095 |
| Record control number | |
| 942 ## - ADDED ENTRY ELEMENTS (KOHA) | |
| Koha item type | Periódico |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20100426 |
| Operator's initials, OID (RLIN) | 1106^b |
| Cataloger's initials, CIN (RLIN) | Daiane |
| 998 ## - LOCAL CONTROL INFORMATION (RLIN) | |
| -- | 20100428 |
| Operator's initials, OID (RLIN) | 1657^b |
| Cataloger's initials, CIN (RLIN) | Carolina |
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