Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation

Zia Ur Rehman; Asad Khan; Asim Rahman

doi:10.1002/csr.2018

journal article Aug 13, 2020

Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation

Zia Ur Rehman

Asad Khan

Asim Rahman

Corporate Social Responsibility and Environmental Management Vol. 27 No. 6 pp. 2991-3005 · Wiley

View at Publisher Save 10.1002/csr.2018

Abstract

AbstractThe aim of the article is to analyze the influence of corporate social responsibility (CSR) initiatives by firm on firm performance and firm risk. Moreover, the mediating role of firm reputation in CSR/performance and CSR/risk relationship is also examined. Data were collected from European and Asian firms listed on Fortune's Most Admired Countries for the period 2014–2018. Using logit regression model and OLS regressions, we find that CSR has a significant positive influence on firm reputation and firm performance whereas on firm risk it is negative. Based on our results, we also confirm that firm reputation does mediate the relationship between CSR‐firm performance and CSR‐firm risk. This study adds to CSR related literature by providing more reliable and objective evidence on the role of firm reputation in CSR engagement and also provides direction for future studies in this context.

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References

Details

Published: Aug 13, 2020
Vol/Issue: 27(6)
Pages: 2991-3005
License: View

Authors

Z

Zia Ur Rehman

Department of Management Sciences University of Haripur Haripur Pakistan

A

Asad Khan

Department of Management Sciences University of Haripur Haripur Pakistan

A

Asim Rahman

Department of Management Sciences Abbottabad University of Science and Technology Abbottabad Pakistan

Cite This Article

Zia Ur Rehman, Asad Khan, Asim Rahman (2020). Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation. Corporate Social Responsibility and Environmental Management, 27(6), 2991-3005. https://doi.org/10.1002/csr.2018

Corporate social responsibility's influence on firm risk and firm performance: the mediating role of firm reputation

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