Exploring Quantitatively Corporate Financial Performance and Social Performance Relationship with Net Impact Method

J. T. Turunen, S. J. Mäkinen, D. Kuperstein-Blasco

Research output: Chapter in Book/Report/Conference proceedingConference contributionScientificpeer-review

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Abstract

Measuring impact of corporate actions on corporate social performance (CSP) is traditionally recognized to be notoriously difficult. This manuscript reports results of a study using Net Impact Method to quantify CSP and approximates corporate financial performance (CFP). We report findings on the CFP-CSP relationship and consider temporal lags between CFP measures and CSP impacts. Our findings are mostly supporting existing research but contrary to earlier research we find non-linear dynamics between CFP and CSP measures on some accounts. Although we used a limited dataset, our findings shed additional light to the CFP-CSP relationship.
Original languageEnglish
Title of host publication2022 IEEE International Conference on Industrial Engineering and Engineering Management (IEEM)
PublisherIEEE
Pages620-624
Number of pages5
ISBN (Electronic)978-1-6654-8687-3
DOIs
Publication statusPublished - 2022
Publication typeA4 Article in conference proceedings
EventIEEE International Conference on Industrial Engineering and Engineering Management - Kuala Lumpur, Malaysia
Duration: 7 Dec 202210 Dec 2022

Conference

ConferenceIEEE International Conference on Industrial Engineering and Engineering Management
Country/TerritoryMalaysia
City Kuala Lumpur
Period7/12/2210/12/22

Keywords

  • Engineering management
  • Industrial engineering
  • corporate social performance
  • CSP
  • corporate financial performance
  • CFP
  • Net impact method

Publication forum classification

  • Publication forum level 1

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