Performance management and corporate social responsibility: the strategic connection

Abstract

The original article can be found at: http://www3.interscience.wiley.com Copyright John Wiley & Sons Ltd. DOI: 10.1002/jsc.761 [Full text of this article is not available in the UHRA

Effects of corporate social responsibility performance (CSR) on stock prices: Empirical study of listed manufacturing companies in Nigeria

“…There is also a disagreement on the definition of CSR among those that see CSR as an ethical attitude and those who argue that it is a firm's strategy (Wan-Jan, 2006). Stainer (2006) states that CSR concept is to show that ethical principles, from wherever derived, can improve reasoning and harmonize decisions, especially in complex situations and thus, enhance performance The unclear state of CSR definition is recognized also by Dahlsrud (2008). It has become a necessity for companies to deal with issues that concern all kinds of stakeholders, either internal or marketrelatedIsaksson and Steimle (2009), emphasized this need by arguing that CSR is the -company's commitment to behave socially and environmentally responsible while striving for its economic goals.…”

The Effect of Financial Crisis in Corporate Social Responsibility Performance

“…It is defined as "a business organization's configuration of principles of social responsibility, process of social responsiveness, and policies, programs, and observable outcomes as they relate to the firm's societal relationships" (Wood, 1991). Stainer (2006) defines the term of performance as "the organization's ability to achieve their objectives, not only in a resourceful manner but also consistently and sometimes, by losing sight of the purpose of analyzing it". By measuring CSR performance, companies can identify their strengths and weaknesses, modify their strategies and define opportunities for improvement (Kok et al, 2001;Sirgy, 2002).…”

The Relationship Between Government Policy and Financial Performance: A Study on the SMEs in Iraq

“…Performance of a company can be defined in various ways depending on the questions in mind when inquire about a company's performance (Davis & Cobb, 2010;Islam, Khan, Obaidullah, & Alam, 2011;Wheelen & Hunger, 1995). For example, Stainer (2006) defined performance as "the firm's ability to achieve their objectives, not only in a resourcefully manner but also consistently and, sometimes, by losing sight of the purpose of analyzing it" (p. 254). While, Penrose (1995) argued that performance is an evaluation of the degree and a firm has successfully achieved its goals.…”