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People and Profits?: The Search for a Link Between a Company's Social and Financial Performance » (New Edition)

Book cover image of People and Profits?: The Search for a Link Between a Company's Social and Financial Performance by Joshua Daniel Margolis

Authors: Joshua Daniel Margolis, James P. Walsh
ISBN-13: 9780805840117, ISBN-10: 0805840117
Format: Paperback
Publisher: Erlbaum, Lawrence Associates, Inc.
Date Published: April 2001
Edition: New Edition

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Author Biography: Joshua Daniel Margolis

Book Synopsis

What is the relationship between the social performance of companies and their financial performance? More colloquially, can a firm effectively attend to both people and profits as it conducts its business? This question has been investigated in no fewer than 95 empirical studies published since 1972. The authors have assembled a compendium of this research to give researchers and practitioners alike a broad overview of these 95 studies and a systematic database detailing the content of each one.

This book provides a comprehensive portrait of this research literature. It begins with a broad orientation to the literature, exploring why the link between social and financial performance has been subject to continual inquiry and often heated debate. The authors then present an integrated overview of the 95 studies. Through the charts and tables, the authors illuminate the nature of the studies conducted; the data samples selected for investigation; the ways in which financial and social performance have been measured; and the overall tally of results.

Booknews

Margolis and Walsh (both teach business administration) seek to answer the question "can a firm effectively attend to both people and profits?" by assembling a survey of 95 empirical studies on the topic published since 1972 and compiling their findings into comprehensive tables. The authors provide an overview of the field and the 95 studies in initial chapters, and a bibliography and appendix of abbreviations at the end of the book. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Table of Contents

Acknowledgments
About the Authors
Series Editor's Foreword
Sect. 1Introduction1
Sect. 2A Brief Orientation to the Question2
2.1Constructing the Business Case for Corporate Social Performance
2.2Academic Debate
2.3Purpose of this Compendium
Sect. 3An Integrated Portrait of the Empirical Literature6
3.1Method
3.2Corporate Samples
3.3Measuring Financial Performance
3.4Measuring Social Performance
3.5Summary of Results
3.6Mechanisms and Control Variables
3.7Conclusions
End Notes15
Exhibit 195 Studies of the Relationship between Corporate Social Performance and Financial Performance, 1972-200041
Bibliography141
App.: A Guide to Abbreviations and Acronyms154

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