The Link Between Corporate Social and Financial Performance: Evidence from the Banking Industry

被引:0
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作者
W. Gary Simpson
Theodor Kohers
机构
[1] Oklahoma State University,Department of Finance, College of Business Administration
[2] Mississippi State University,Department of Finance and Economics, College of Business and Industry
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关键词
Community Reinvestment Act Rating; financial performance; social performance;
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摘要
The purpose of this investigation is to extend earlier research on the relationship between corporate social and financial performance. The unique contribution of the study is the empirical analysis of a sample of companies from the banking industry and the use of Community Reinvestment Act ratings as a social performance measure. The empirical analysis solidly supports the hypothesis that the link between social and financial performance is positive.
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页码:97 / 109
页数:12
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