{"id":"https://openalex.org/W2804782279","doi":"https://doi.org/10.5539/ijbm.v13n6p43","title":"CSR and Financial Performance: Trick Or Treat? A Longitudinal Study on Holistic CSR Practices","display_name":"CSR and Financial Performance: Trick Or Treat? A Longitudinal Study on Holistic CSR Practices","publication_year":2018,"publication_date":"2018-05-16","ids":{"openalex":"https://openalex.org/W2804782279","doi":"https://doi.org/10.5539/ijbm.v13n6p43","mag":"2804782279"},"language":"en","primary_location":{"id":"doi:10.5539/ijbm.v13n6p43","doi":"https://doi.org/10.5539/ijbm.v13n6p43","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v13n6p43","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/74379/41637","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"diamond","oa_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/74379/41637","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5024690469","display_name":"Antonio Salvi","orcid":"https://orcid.org/0000-0002-5804-4503","observed_orcids":["https://orcid.org/0000-0002-5804-4503"]},"institutions":[{"id":"https://openalex.org/I4210136227","display_name":"LUM Jean Monnet University","ror":"https://ror.org/03gskda23","country_code":"IT","type":"education","lineage":["https://openalex.org/I4210136227"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Antonio Salvi","raw_affiliation_strings":["Department of Economics and Management, University LUM Jean Monnet, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics and Management, University LUM Jean Monnet, Italy","institution_ids":["https://openalex.org/I4210136227"]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5013960921","display_name":"Felice Petruzzella","orcid":"https://orcid.org/0000-0002-1408-9312","observed_orcids":["https://orcid.org/0000-0002-1408-9312"]},"institutions":[{"id":"https://openalex.org/I4210136227","display_name":"LUM Jean Monnet University","ror":"https://ror.org/03gskda23","country_code":"IT","type":"education","lineage":["https://openalex.org/I4210136227"]}],"countries":["IT"],"is_corresponding":true,"raw_author_name":"Felice Petruzzella","raw_affiliation_strings":["Department of Economics and Management, University LUM Jean Monnet, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics and Management, University LUM Jean Monnet, Italy","institution_ids":["https://openalex.org/I4210136227"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5030243334","display_name":"Anastasia Giakoumelou","orcid":"https://orcid.org/0000-0002-6901-7762","observed_orcids":["https://orcid.org/0000-0002-6901-7762"]},"institutions":[{"id":"https://openalex.org/I4210136227","display_name":"LUM Jean Monnet University","ror":"https://ror.org/03gskda23","country_code":"IT","type":"education","lineage":["https://openalex.org/I4210136227"]}],"countries":["IT"],"is_corresponding":false,"raw_author_name":"Anastasia Giakoumelou","raw_affiliation_strings":["Department of Economics and Management, University LUM Jean Monnet, Italy"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Department of Economics and Management, University LUM Jean Monnet, Italy","institution_ids":["https://openalex.org/I4210136227"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5013960921"],"corresponding_institution_ids":["https://openalex.org/I4210136227"],"apc_list":null,"apc_paid":null,"fwci":1.0013,"has_fulltext":true,"cited_by_count":6,"citation_normalized_percentile":{"value":0.84481322,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":88,"max":95},"biblio":{"volume":"13","issue":"6","first_page":"43","last_page":"43"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12738","display_name":"Corporate Identity and Reputation","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"corporate social responsibility","score":0.9990000128746033},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.9520000219345093},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.8799999952316284},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":1.0},{"id":"https://openalex.org/keywords/tobin-s-q","display_name":"Tobin's Q","score":1.0},{"id":"https://openalex.org/keywords/2008-financial-crisis","display_name":"2008 financial crisis","score":0.9610000252723694},{"id":"https://openalex.org/keywords/sustainability-strategy","display_name":"sustainability strategy","score":0.7070000171661377}],"concepts":[{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.6800307035446167},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.6738138794898987},{"id":"https://openalex.org/C66204764","wikidata":"https://www.wikidata.org/wiki/Q219416","display_name":"Sustainability","level":2,"score":0.6717767715454102},{"id":"https://openalex.org/C165696696","wikidata":"https://www.wikidata.org/wiki/Q11287","display_name":"Exploit","level":2,"score":0.6620402336120605},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.6005905866622925},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.5924524664878845},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5254496932029724},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.4346572160720825},{"id":"https://openalex.org/C141571065","wikidata":"https://www.wikidata.org/wiki/Q1771949","display_name":"Performance measurement","level":2,"score":0.4340021014213562},{"id":"https://openalex.org/C33676613","wikidata":"https://www.wikidata.org/wiki/Q13415176","display_name":"Dimension (graph theory)","level":2,"score":0.4216316044330597},{"id":"https://openalex.org/C2777267654","wikidata":"https://www.wikidata.org/wiki/Q3519023","display_name":"Test (biology)","level":2,"score":0.4106302559375763},{"id":"https://openalex.org/C162853370","wikidata":"https://www.wikidata.org/wiki/Q39809","display_name":"Marketing","level":1,"score":0.2756783962249756},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.2733631134033203},{"id":"https://openalex.org/C129361004","wikidata":"https://www.wikidata.org/wiki/Q2470236","display_name":"Profitability index","level":2,"score":0.1981196403503418},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.11338931322097778},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.10334300994873047},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C151730666","wikidata":"https://www.wikidata.org/wiki/Q7205","display_name":"Paleontology","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C202444582","wikidata":"https://www.wikidata.org/wiki/Q837863","display_name":"Pure mathematics","level":1,"score":0.0},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.0},{"id":"https://openalex.org/C38652104","wikidata":"https://www.wikidata.org/wiki/Q3510521","display_name":"Computer security","level":1,"score":0.0},{"id":"https://openalex.org/C86803240","wikidata":"https://www.wikidata.org/wiki/Q420","display_name":"Biology","level":0,"score":0.0},{"id":"https://openalex.org/C18903297","wikidata":"https://www.wikidata.org/wiki/Q7150","display_name":"Ecology","level":1,"score":0.0}],"mesh":[],"locations_count":3,"locations":[{"id":"doi:10.5539/ijbm.v13n6p43","doi":"https://doi.org/10.5539/ijbm.v13n6p43","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v13n6p43","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/74379/41637","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"},{"id":"pmh:oai:RePEc:ibn:ijbmjn:v:13:y:2018:i:6:p:43","doi":null,"is_oa":false,"landing_page_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/74379/41637","pdf_url":null,"source":{"id":"https://openalex.org/S4306401271","display_name":"RePEc: Research Papers in Economics","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I77793887","host_organization_name":"Federal Reserve Bank of St. Louis","host_organization_lineage":["https://openalex.org/I77793887"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"article"},{"id":"pmh:oai:iris.unito.it:2318/1769239","doi":null,"is_oa":false,"landing_page_url":"http://hdl.handle.net/2318/1769239","pdf_url":null,"source":{"id":"https://openalex.org/S4306400637","display_name":"Institutional Research Information System University of Turin (University of Turin)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":"https://openalex.org/I55143463","host_organization_name":"University of Turin","host_organization_lineage":["https://openalex.org/I55143463"],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":null,"raw_type":"info:eu-repo/semantics/article"}],"best_oa_location":{"id":"doi:10.5539/ijbm.v13n6p43","doi":"https://doi.org/10.5539/ijbm.v13n6p43","is_oa":true,"landing_page_url":"https://doi.org/10.5539/ijbm.v13n6p43","pdf_url":"http://www.ccsenet.org/journal/index.php/ijbm/article/download/74379/41637","source":{"id":"https://openalex.org/S4210230633","display_name":"International Journal of Business and Management","issn_l":"1833-3850","issn":["1833-3850","1833-8119"],"is_oa":true,"is_in_doaj":false,"is_core":true,"listed_in":["anvur-scientific","cwts-core"],"host_organization":"https://openalex.org/P4310322531","host_organization_name":"Canadian Center of Science and Education","host_organization_lineage":["https://openalex.org/P4310322531"],"host_organization_lineage_names":["Canadian Center of Science and Education"],"type":"journal"},"license":"cc-by","license_id":"https://openalex.org/licenses/cc-by","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"International Journal of Business and Management","raw_type":"journal-article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"pdf":true,"grobid_xml":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2804782279.pdf","grobid_xml":"https://content.openalex.org/works/W2804782279.grobid-xml"},"referenced_works_count":93,"referenced_works":["https://openalex.org/W12935209","https://openalex.org/W307061557","https://openalex.org/W802710249","https://openalex.org/W1506991708","https://openalex.org/W1510785032","https://openalex.org/W1527805867","https://openalex.org/W1532581890","https://openalex.org/W1563647792","https://openalex.org/W1837064751","https://openalex.org/W1890517194","https://openalex.org/W1912026742","https://openalex.org/W1953410660","https://openalex.org/W1977127281","https://openalex.org/W1980490437","https://openalex.org/W1985721027","https://openalex.org/W1990674185","https://openalex.org/W1993987322","https://openalex.org/W1994451842","https://openalex.org/W1997028070","https://openalex.org/W1998218014","https://openalex.org/W2003058747","https://openalex.org/W2005210240","https://openalex.org/W2011210549","https://openalex.org/W2019133244","https://openalex.org/W2023148038","https://openalex.org/W2027142540","https://openalex.org/W2032374495","https://openalex.org/W2034009401","https://openalex.org/W2036742276","https://openalex.org/W2042488339","https://openalex.org/W2043670512","https://openalex.org/W2047679102","https://openalex.org/W2047735993","https://openalex.org/W2050171113","https://openalex.org/W2050540653","https://openalex.org/W2051320665","https://openalex.org/W2052802022","https://openalex.org/W2054661316","https://openalex.org/W2056990012","https://openalex.org/W2059912207","https://openalex.org/W2072427260","https://openalex.org/W2073044811","https://openalex.org/W2080467767","https://openalex.org/W2082546576","https://openalex.org/W2083228694","https://openalex.org/W2090841340","https://openalex.org/W2092116307","https://openalex.org/W2095316102","https://openalex.org/W2098978150","https://openalex.org/W2100881735","https://openalex.org/W2115952999","https://openalex.org/W2116250748","https://openalex.org/W2119711515","https://openalex.org/W2120255738","https://openalex.org/W2121191282","https://openalex.org/W2122183843","https://openalex.org/W2128264241","https://openalex.org/W2132780198","https://openalex.org/W2137494220","https://openalex.org/W2141980633","https://openalex.org/W2143597561","https://openalex.org/W2145758946","https://openalex.org/W2146200864","https://openalex.org/W2147344023","https://openalex.org/W2151892416","https://openalex.org/W2155650193","https://openalex.org/W2161215497","https://openalex.org/W2161663387","https://openalex.org/W2164623173","https://openalex.org/W2164639462","https://openalex.org/W2168037505","https://openalex.org/W2172226781","https://openalex.org/W2177756622","https://openalex.org/W2187212102","https://openalex.org/W2239713937","https://openalex.org/W2339909976","https://openalex.org/W2344605784","https://openalex.org/W2344924842","https://openalex.org/W2399684890","https://openalex.org/W2755763803","https://openalex.org/W3121353771","https://openalex.org/W3122192716","https://openalex.org/W3123870998","https://openalex.org/W3124536214","https://openalex.org/W3125448976","https://openalex.org/W4243269373","https://openalex.org/W4243916040","https://openalex.org/W4245177908","https://openalex.org/W4371797039","https://openalex.org/W4407940753","https://openalex.org/W6602064139","https://openalex.org/W6824789593","https://openalex.org/W7217810983"],"related_works":["https://openalex.org/W7095453724","https://openalex.org/W7052951754","https://openalex.org/W6999604936","https://openalex.org/W2969901052","https://openalex.org/W3085097989","https://openalex.org/W4410287770","https://openalex.org/W2783004852","https://openalex.org/W2955183931","https://openalex.org/W180737893","https://openalex.org/W4410384725"],"abstract_inverted_index":{"This":[0],"paper":[1],"aims":[2],"to":[3,34,72,103,138,244,257],"test":[4,35],"the":[5,36,44,80,83,108,119,122,127,158,173,183,221,224,242,246,252,258,264],"impact":[6,120,208],"that":[7,70,90,130,143,167,199],"a":[8,30,47,135,179,216,228],"firm\u2019s":[9,39],"adopted":[10],"CSR":[11,112,141,151,200],"level":[12,226],"has":[13],"on":[14,50,55,59,107,114,126,209],"its":[15,231],"financial":[16,22,115,124,174,186,232,247],"performance,":[17,211],"in":[18,79],"terms":[19],"of":[20,38,85,110,121,150,160,176,188,227,249,260],"accounting,":[21],"and":[23,62,97,117,148,171,185,190,230,238],"market-based":[24],"measures.":[25],"In":[26],"particular,":[27],"we":[28,101,132],"employ":[29],"panel":[31],"OLS":[32],"analysis":[33],"effect":[37,109],"sustainable":[40],"efforts":[41],"(measured":[42],"by":[43],"\u201cSustainable":[45],"score\u201d,":[46],"tailor-made":[48],"variable)":[49],"three":[51,88,163],"performance":[52,116,187,233],"measures:":[53],"return":[54,58],"assets":[56],"(ROA),":[57],"equity":[60],"(ROE)":[61],"Tobin\u2019s":[63],"Q.This":[64],"work":[65],"provides":[66],"for":[67],"methodological":[68],"differences":[69],"led":[71],"divergent":[73],"research":[74],"results":[75,254],"over":[76,94],"existing":[77],"literature":[78],"field,":[81],"examining":[82,118],"relationship":[84,159,181,222],"interest":[86,161],"within":[87,162],"timeframes":[89],"exploit":[91],"underlying":[92],"dynamics":[93],"both":[95,169],"long-":[96],"short-term":[98],"horizons.":[99],"Furthermore,":[100],"contributed":[102],"current":[104],"knowledge":[105],"focusing":[106],"holistic":[111,217],"practices":[113,142],"2007":[123,250],"crisis":[125],"relationship.":[128],"To":[129],"end,":[131],"have":[133],"employed":[134],"customized":[136],"measure":[137],"represent":[139],"effective":[140],"go":[144],"beyond":[145],"CSR-washing":[146],"cases":[147],"studies":[149],"through":[152,215],"single-dimension":[153],"variables,":[154],"while":[155],"quantitatively":[156],"exploring":[157],"separate":[164],"time":[165],"periods":[166],"span":[168],"before":[170],"after":[172],"meltdown":[175],"2007.Results":[177],"highlight":[178],"positive":[180],"between":[182,223],"operating":[184],"companies":[189],"their":[191],"sustainability":[192,218,225],"commitment.":[193],"What":[194],"is":[195],"more,":[196],"findings":[197],"indicate":[198],"individual":[201],"actions":[202],"do":[203],"not":[204],"produce":[205],"any":[206],"significant":[207],"firms\u2019":[210],"unless":[212],"applied":[213],"jointly":[214],"strategy.":[219],"Finally,":[220],"firm":[229],"presents":[234],"various":[235],"significance":[236],"levels":[237],"temporal":[239],"profiles,":[240],"with":[241],"years":[243],"follow":[245],"downturn":[248],"presenting":[251],"strongest":[253],"as":[255],"opposed":[256],"absence":[259],"important":[261],"influence":[262],"during":[263],"pre-crisis":[265],"period.":[266]},"counts_by_year":[{"year":2026,"cited_by_count":1},{"year":2024,"cited_by_count":1},{"year":2023,"cited_by_count":1},{"year":2020,"cited_by_count":2},{"year":2019,"cited_by_count":1}],"updated_date":"2026-11-10T11:39:43.021295","created_date":"2018-06-01T00:00:00"}