Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance

This paper examines the relationship between the social ratings dimensions (the S) in corporate social responsibility (CSR) and corporate performance. Using a twostage approach, we first evaluate the efficiency and metafrontier framework of the U.S. telecommunications industry. In the second stage,...

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Main Authors: Qian, Long Kweh, Wen-Min, Lu, Noor Azlinna, Azizan
Format: Conference or Workshop Item
Language:English
Published: 2014
Subjects:
Online Access:http://umpir.ump.edu.my/id/eprint/6135/1/ftech-2014-kweh-Doing_Well.pdf
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author Qian, Long Kweh
Wen-Min, Lu
Noor Azlinna, Azizan
author_facet Qian, Long Kweh
Wen-Min, Lu
Noor Azlinna, Azizan
author_sort Qian, Long Kweh
collection UMP
description This paper examines the relationship between the social ratings dimensions (the S) in corporate social responsibility (CSR) and corporate performance. Using a twostage approach, we first evaluate the efficiency and metafrontier framework of the U.S. telecommunications industry. In the second stage, we run regression analyses to examine the relationship between the S in CSR and corporate performance. Our first-stage findings show that the sample companies should first improve their scale inefficiencies rather than the inefficiencies in management practices. With regards to the metatechnology ratios, we provide an insight on the potential improvement in performance caused by changes in the production environment. Our second-stage analyses including OLS, two-stage least squares (2SLS), and truncated regression with a bootstrapping approach show that a significantly positive relationship exists between the S in CSR and corporate performance. Taken together, this study would contribute to increased understanding of the contribution of the S in CSR to the performance of the U.S. telecommunications companies.
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spelling UMPir61352018-05-02T06:13:04Z http://umpir.ump.edu.my/id/eprint/6135/ Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance Qian, Long Kweh Wen-Min, Lu Noor Azlinna, Azizan HD61 Risk Management This paper examines the relationship between the social ratings dimensions (the S) in corporate social responsibility (CSR) and corporate performance. Using a twostage approach, we first evaluate the efficiency and metafrontier framework of the U.S. telecommunications industry. In the second stage, we run regression analyses to examine the relationship between the S in CSR and corporate performance. Our first-stage findings show that the sample companies should first improve their scale inefficiencies rather than the inefficiencies in management practices. With regards to the metatechnology ratios, we provide an insight on the potential improvement in performance caused by changes in the production environment. Our second-stage analyses including OLS, two-stage least squares (2SLS), and truncated regression with a bootstrapping approach show that a significantly positive relationship exists between the S in CSR and corporate performance. Taken together, this study would contribute to increased understanding of the contribution of the S in CSR to the performance of the U.S. telecommunications companies. 2014 Conference or Workshop Item PeerReviewed application/pdf en http://umpir.ump.edu.my/id/eprint/6135/1/ftech-2014-kweh-Doing_Well.pdf Qian, Long Kweh and Wen-Min, Lu and Noor Azlinna, Azizan (2014) Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance. In: 16th Malaysian Finance Association Conference 2014 , 4-6 June 2014 , Kuala Lumpur. .
spellingShingle HD61 Risk Management
Qian, Long Kweh
Wen-Min, Lu
Noor Azlinna, Azizan
Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title_full Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title_fullStr Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title_full_unstemmed Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title_short Doing Well by Doing Good: The S in Corporate Social Responsibility and Efficiency Performance
title_sort doing well by doing good the s in corporate social responsibility and efficiency performance
topic HD61 Risk Management
url http://umpir.ump.edu.my/id/eprint/6135/1/ftech-2014-kweh-Doing_Well.pdf
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