Reading Between the Lines: Financial Reporting, Implied Corporate Social Responsibility and Corporate Financial Performance

Author

C. Ferreira
David K. DING, Singapore Management UniversityFollow
U. Wongchoti

Publication Type

Conference Paper

Publication Date

2-2014

Abstract

We provide one of the first analyses of corporate social responsibility (CSR) and firm performance using only annual financial reports. We document a link between corporate financial performance (CFP) and CSR, although this is not always positive. Specifically, we investigate whether CSR performance can be implied from financial reporting and provide evidence that CSR information implied by financial reports have a significant association with CFP. Furthermore, we provide the first comprehensive study of CSR reporting and link it with CFP in New Zealand.

Keywords

Corporate Social Responsibility, CSR, Corporate Governance, Corporate FinancialPerformance, CFP, Stakeholder, Environmental

Discipline

Business

Publication

New Zealand Finance Colloquium

City or Country

Auckland, New Zealand

Citation

Ferreira, C.; DING, David K.; and Wongchoti, U.. Reading Between the Lines: Financial Reporting, Implied Corporate Social Responsibility and Corporate Financial Performance. (2014). New Zealand Finance Colloquium.
Available at: https://ink.library.smu.edu.sg/lkcsb_research/4441

Creative Commons License

This work is licensed under a Creative Commons Attribution-NonCommercial-No Derivative Works 4.0 International License.