Product and environmental social performance: Varying effect on firm performance

Satish Jayachandran, Kartik Kalaignanam, Meike Eilert

Research output: Contribution to journalArticlepeer-review

154 Scopus citations

Abstract

Corporate social performance (CSP) consists of actions in different domains that vary in the information they provide stakeholders, and hence, in their effect on firm performance. To demonstrate this, the authors examine the impact of CSP on firm performance in two areas - the product and the environment, referred to as product social performance (PSP) and environmental social performance (ESP), respectively. PSP has a stronger positive impact on firm performance compared to ESP. The findings using disaggregated measures of PSP and ESP indicate negativity bias in that PSP weakness has a stronger negative impact on firm performance compared to PSP strength.

Original languageEnglish
Pages (from-to)1255-1264
Number of pages10
JournalStrategic Management Journal
Volume34
Issue number10
DOIs
StatePublished - Oct 2013

Keywords

  • corporate social performance
  • environment social performance
  • firm performance
  • negativity bias
  • product social performance

ASJC Scopus subject areas

  • Business and International Management
  • Strategy and Management

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