Journal
BUSINESS & SOCIETY
Volume 54, Issue 5, Pages 599-631Publisher
SAGE PUBLICATIONS INC
DOI: 10.1177/0007650312461602
Keywords
corporate social performance (CSP); corporate social responsibility (CSR); quantitative methods
Categories
Ask authors/readers for more resources
This article examines how well the Kinder, Lydenberg, Domini Research & Analytics (KLD) ratings measure past corporate social performance and predict future corporate social performance in Diversity and Governance categories. The results show that the KLD ratings effectively measure (past) and predict (future) social performance in both categories. The results also suggest that the KLD ratings may identify differences in the quality of management and firm which can affect future social performance and is not entirely explained by past social performance. The findings of this study lend some support for empirical studies relying on the KLD ratings to operationalize corporate social performance. The findings suggest that users of the ratings need to have a clear understanding of what information they are seeking from the KLD ratings in order to maximize the utility of these ratings.
Authors
I am an author on this paper
Click your name to claim this paper and add it to your profile.
Reviews
Recommended
No Data Available