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The Roles of Sectoral Moderator – A Combination of Environmental Munificence and volatility – in the relationship between corporate social responsibility and financial performance

Title:

The Roles of Sectoral Moderator – A Combination of Environmental Munificence and volatility – in the relationship between corporate social responsibility and financial performance

Li, Zhu (2015) The Roles of Sectoral Moderator – A Combination of Environmental Munificence and volatility – in the relationship between corporate social responsibility and financial performance. Masters thesis, Concordia University.

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Abstract

The relationship between corporate social responsibility and financial performance has been the topic of a long-standing debate among researchers. Controversial conclusions are drawn from different methodologies and ways of thinking. This study finds a persuasive jurisdiction to explain why the preceding results have been inconclusive by using a new moderator – the sectorial moderator. According to environmental munificence and volatility, I divide all industries into four sectors – Ideal, Crisis, Catastrophe, and Inertness. Industries sharing similar levels of munificence and volatility are grouped as a sector, and the magnitude of munificence and volatility moderates the significance of the relationship between corporate social responsibility and corporate financial performance link. Moreover, the CSR effect on financial performance in different sectors is distinctive. The empirical results reveal that the CSR effect on financial performance is highest in the sector with high munificence and low volatility, and vice versa. The present article provides a good explanation of the discrepancy in the CSR-CFP link and establishes a new avenue for future research.

Divisions:Concordia University > John Molson School of Business > Management
Item Type:Thesis (Masters)
Authors:Li, Zhu
Institution:Concordia University
Degree Name:M. Sc.
Program:Administration (Management option)
Date:29 June 2015
Thesis Supervisor(s):Farashahi, Mehdi
Keywords:corporate social responsibility, financial performance, industry sector
ID Code:980141
Deposited By: LI ZHU
Deposited On:04 Nov 2015 20:18
Last Modified:18 Jan 2018 17:50

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