Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies

Detalhes bibliográficos
Autor(a) principal: Boaventura, João Maurício Gama
Data de Publicação: 2012
Outros Autores: Silva, Ralph Santos da, Bandeira-de-Mello, Rodrigo
Tipo de documento: Artigo
Idioma: por
eng
Título da fonte: Revista Contabilidade & Finanças (Online)
Texto Completo: https://www.revistas.usp.br/rcf/article/view/53079
Resumo: One of the roles of accounting is to provide information on business performance, either through financial accounting indicators or otherwise. Theoretical-empirical studies on the relationship between Corporate Financial Performance (CFP) and Corporate Social Performance (CSP) have increased in recent years, indicating the development of this research field. However, the contribution to the theory by empirical studies is made in an incremental manner, given that each study normally focuses on a particular aspect of the theory. Therefore, it is periodically necessary to conduct an analysis to evaluate how the aggregation of empirical studies has contributed to the evolution of the theory. Designing such an analysis was the objective of the present study. The theoretical framework covered the following: stakeholder theory, the relationship between CSP and CFP, good management theory, and slack resource theory. This research covered a 15-year period (1996 to 2010), and the data collection employed a search tool for the following databases: Ebsco, Proquest, and ISI. The sampling process obtained a set of 58 exclusively theoretical-empirical and quantitative articles that test the CSP-CFP relationship. The main results in the theoretical field reinforce the proposed positive relationship between CSP and CFP and good management theory and demonstrate a deficiency in the explanation of the temporal lag in the causal relationship between CSP and CFP as well as deficiencies in the description of the CSP construct. These results suggest future studies to research the temporal lag in the causal relationship between CSP and CFP and the possible reasons that the positive association between CSP and CFP has not been assumed in some empirical studies.
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spelling Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies Performance Financeira Corporativa e Performance Social Corporativa: desenvolvimento metodológico e contribuição teórica dos estudos empíricos Performance Financeira CorporativaPerformance Social CorporativaTeoria dos StakeholdersCorporate Financial PerformanceCorporate Social PerformanceStakeholder Theory One of the roles of accounting is to provide information on business performance, either through financial accounting indicators or otherwise. Theoretical-empirical studies on the relationship between Corporate Financial Performance (CFP) and Corporate Social Performance (CSP) have increased in recent years, indicating the development of this research field. However, the contribution to the theory by empirical studies is made in an incremental manner, given that each study normally focuses on a particular aspect of the theory. Therefore, it is periodically necessary to conduct an analysis to evaluate how the aggregation of empirical studies has contributed to the evolution of the theory. Designing such an analysis was the objective of the present study. The theoretical framework covered the following: stakeholder theory, the relationship between CSP and CFP, good management theory, and slack resource theory. This research covered a 15-year period (1996 to 2010), and the data collection employed a search tool for the following databases: Ebsco, Proquest, and ISI. The sampling process obtained a set of 58 exclusively theoretical-empirical and quantitative articles that test the CSP-CFP relationship. The main results in the theoretical field reinforce the proposed positive relationship between CSP and CFP and good management theory and demonstrate a deficiency in the explanation of the temporal lag in the causal relationship between CSP and CFP as well as deficiencies in the description of the CSP construct. These results suggest future studies to research the temporal lag in the causal relationship between CSP and CFP and the possible reasons that the positive association between CSP and CFP has not been assumed in some empirical studies. Um dos papéis da contabilidade é prover informações sobre o desempenho empresarial, quer seja por indicadores contábil-financeiros ou não. Dentro deste escopo do interesse da contabilidade, observa-se que a publicação de estudos teórico-empíricos sobre as relações entre Performance Corporativa Financeira (CFP) e a Performance Social Corporativa (CSP) vem crescendo nos últimos anos, sintoma do desenvolvimento deste campo de pesquisa. Entretanto, a contribuição à teoria pelos trabalhos empíricos se faz de forma pontual, uma vez que normalmente cada estudo foca um aspecto particular da teoria. Periodicamente, portanto, é necessária uma análise que avalie como, de forma agregada, os estudos empíricos contribuíram para a evolução da teoria, e elaborar essa análise constituiu o objetivo do presente estudo. O referencial teórico abrangeu: teoria dos stakeholders, relação entre CSP e CFP, good management theory e slack resource theory. Esta pesquisa abrangeu um período de 15 anos (1996 a 2010) e a coleta de dados empregou a ferramenta de busca das bases de dados: Ebsco, Proquest e ISI. O processo de amostragem obteve um conjunto de 58 artigos exclusivamente teórico-empíricos quantitativos que testam a relação CSP-CFP. Os principais resultados no campo teórico demonstram um reforço da proposição de relação positiva entre CSP e CFP e da good management theory, uma deficiência na explicação na defasagem de tempo (lag) na relação de causalidade entre CSP e CFP, e deficiências na descrição do constructo de CSP. Isto sugere estudos futuros para investigar a defasagem de tempo na relação de causalidade entre CSP e CFP e as possíveis razões que levaram diversos estudos empíricos a não atestarem uma associação positiva entre CSP e CFP. Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária2012-12-01info:eu-repo/semantics/articleinfo:eu-repo/semantics/publishedVersionapplication/pdfapplication/pdfhttps://www.revistas.usp.br/rcf/article/view/5307910.1590/S1519-70772012000300008Revista Contabilidade & Finanças; v. 23 n. 60 (2012); 232-245 Revista Contabilidade & Finanças; Vol. 23 No. 60 (2012); 232-245 Revista Contabilidade & Finanças; Vol. 23 Núm. 60 (2012); 232-245 1808-057X1519-7077reponame:Revista Contabilidade & Finanças (Online)instname:Universidade de São Paulo (USP)instacron:USPporenghttps://www.revistas.usp.br/rcf/article/view/53079/57140https://www.revistas.usp.br/rcf/article/view/53079/57141Copyright (c) 2018 Revista Contabilidade & Finançasinfo:eu-repo/semantics/openAccessBoaventura, João Maurício GamaSilva, Ralph Santos daBandeira-de-Mello, Rodrigo2013-04-08T16:54:23Zoai:revistas.usp.br:article/53079Revistahttp://www.revistas.usp.br/rcf/indexPUBhttps://old.scielo.br/oai/scielo-oai.phprecont@usp.br||recont@usp.br1808-057X1519-7077opendoar:2013-04-08T16:54:23Revista Contabilidade & Finanças (Online) - Universidade de São Paulo (USP)false
dc.title.none.fl_str_mv Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
Performance Financeira Corporativa e Performance Social Corporativa: desenvolvimento metodológico e contribuição teórica dos estudos empíricos
title Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
spellingShingle Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
Boaventura, João Maurício Gama
Performance Financeira Corporativa
Performance Social Corporativa
Teoria dos Stakeholders
Corporate Financial Performance
Corporate Social Performance
Stakeholder Theory
title_short Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
title_full Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
title_fullStr Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
title_full_unstemmed Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
title_sort Corporate Financial Performance and Corporate Social Performance: methodological development and the theoretical contribution of empirical studies
author Boaventura, João Maurício Gama
author_facet Boaventura, João Maurício Gama
Silva, Ralph Santos da
Bandeira-de-Mello, Rodrigo
author_role author
author2 Silva, Ralph Santos da
Bandeira-de-Mello, Rodrigo
author2_role author
author
dc.contributor.author.fl_str_mv Boaventura, João Maurício Gama
Silva, Ralph Santos da
Bandeira-de-Mello, Rodrigo
dc.subject.por.fl_str_mv Performance Financeira Corporativa
Performance Social Corporativa
Teoria dos Stakeholders
Corporate Financial Performance
Corporate Social Performance
Stakeholder Theory
topic Performance Financeira Corporativa
Performance Social Corporativa
Teoria dos Stakeholders
Corporate Financial Performance
Corporate Social Performance
Stakeholder Theory
description One of the roles of accounting is to provide information on business performance, either through financial accounting indicators or otherwise. Theoretical-empirical studies on the relationship between Corporate Financial Performance (CFP) and Corporate Social Performance (CSP) have increased in recent years, indicating the development of this research field. However, the contribution to the theory by empirical studies is made in an incremental manner, given that each study normally focuses on a particular aspect of the theory. Therefore, it is periodically necessary to conduct an analysis to evaluate how the aggregation of empirical studies has contributed to the evolution of the theory. Designing such an analysis was the objective of the present study. The theoretical framework covered the following: stakeholder theory, the relationship between CSP and CFP, good management theory, and slack resource theory. This research covered a 15-year period (1996 to 2010), and the data collection employed a search tool for the following databases: Ebsco, Proquest, and ISI. The sampling process obtained a set of 58 exclusively theoretical-empirical and quantitative articles that test the CSP-CFP relationship. The main results in the theoretical field reinforce the proposed positive relationship between CSP and CFP and good management theory and demonstrate a deficiency in the explanation of the temporal lag in the causal relationship between CSP and CFP as well as deficiencies in the description of the CSP construct. These results suggest future studies to research the temporal lag in the causal relationship between CSP and CFP and the possible reasons that the positive association between CSP and CFP has not been assumed in some empirical studies.
publishDate 2012
dc.date.none.fl_str_mv 2012-12-01
dc.type.driver.fl_str_mv info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
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dc.identifier.uri.fl_str_mv https://www.revistas.usp.br/rcf/article/view/53079
10.1590/S1519-70772012000300008
url https://www.revistas.usp.br/rcf/article/view/53079
identifier_str_mv 10.1590/S1519-70772012000300008
dc.language.iso.fl_str_mv por
eng
language por
eng
dc.relation.none.fl_str_mv https://www.revistas.usp.br/rcf/article/view/53079/57140
https://www.revistas.usp.br/rcf/article/view/53079/57141
dc.rights.driver.fl_str_mv Copyright (c) 2018 Revista Contabilidade & Finanças
info:eu-repo/semantics/openAccess
rights_invalid_str_mv Copyright (c) 2018 Revista Contabilidade & Finanças
eu_rights_str_mv openAccess
dc.format.none.fl_str_mv application/pdf
application/pdf
dc.publisher.none.fl_str_mv Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária
publisher.none.fl_str_mv Universidade de São Paulo. Faculdade de Economia, Administração, Contabilidade e Atuária
dc.source.none.fl_str_mv Revista Contabilidade & Finanças; v. 23 n. 60 (2012); 232-245
Revista Contabilidade & Finanças; Vol. 23 No. 60 (2012); 232-245
Revista Contabilidade & Finanças; Vol. 23 Núm. 60 (2012); 232-245
1808-057X
1519-7077
reponame:Revista Contabilidade & Finanças (Online)
instname:Universidade de São Paulo (USP)
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instname_str Universidade de São Paulo (USP)
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reponame_str Revista Contabilidade & Finanças (Online)
collection Revista Contabilidade & Finanças (Online)
repository.name.fl_str_mv Revista Contabilidade & Finanças (Online) - Universidade de São Paulo (USP)
repository.mail.fl_str_mv recont@usp.br||recont@usp.br
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