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

被引:0
|
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
来源
关键词
Community Reinvestment Act Rating; financial performance; social performance;
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学科分类号
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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