Articlehybrid2011

The Effect of Financial Crisis in Corporate Social Responsibility Performance

Grigoris Giannarakis · Ioannis Theotokas

172 citations0/0 files storedInternational Journal of Marketing Studies

No readable copy stored yet — this record is metadata only.

No open-access location is known for this record yet.

Literature note Cite in a project Citation map

Corporate Social Responsibility Reporting Corporate Social Responsibility and Sustainability Corporate Identity and Reputation

Abstract

The aim of the study is to evaluate the effect of financial crisis in Corporate Social Responsibility (CSR)performance. An empirical analysis is conducted, based on companies that implement Global Report Initiatives(GRI) reporting guidelines modifying the application level in a point score system. Totally, 112 companies areincluded in the GRI report list in 2007, pre-financial crisis, 2008, 2009 and 2010. The Wilcoxon signed rank sumtest is used in order to ascertain whether an economic downturn affects CSR performance. Results indicateincreased CSR performance before and during the financial crisis except for the period 2009-2010. Companiesincrease their performance in order to regain the lost trust in businesses. The study also promotes a discussionwith regards to a financial crisis and CSR performance and reporting.

Paper brief

Loading…

Cite this work

Citation unavailable for this work.

BibTeX RIS CSL-JSON

No public copy is stored for this record, so only the metadata is cited.

Citations in this library

Citation map →

Stored only when both papers are in the corpus — 172 citations exist upstream.

References

2003Corporate Social and Financial Performance: A Meta-Analysis 1991Corporate Social Performance Revisited 1985AN EMPIRICAL EXAMINATION OF THE RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY AND PROFITABILITY.2005The impact of culture and governance on corporate social reporting 2002The competitive advantage of corporate philanthropy.2013The competitive advantage of corporate philanthropy 2008Measuring Corporate Social Responsibility: A Scale Development Study 2001The boundaries of strategic corporate social responsibility

Cited by

2014Sustainable supply chain and company performance 2019Ownership structure and corporate social responsibility in an emerging market 2022Are firms with better sustainability performance more resilient during crises?2013Financial crisis impact on sustainability reporting 2019Eco-Friendly Policies and Financial Performance: Was the Financial Crisis a Game Changer for Large US Companies?2017

Explore the map →

Papers that cite the same references — the relational fallback while embeddings are still backfilling.

Imported from OpenAlex (CC0) — nothing here is generated.