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Abstract

The critical components that create a high level of corporate social performance (CSP) are examined. Existing research is built upon by examining the relationship between CSP and 8 differentvariables whichinclude: firm profitability, charitable giving, environmental emissions, women and minority members on the board of directors, women and minority members within the firm, and annual salary andmonetary bonusof the CEO. The results have shown that CSP is a multi-dimensional concept. It is found that the levels of women and minorities employed by the organization have a significant impact on CSP, yet, the percent of women and minorities on the board of directors does not. The results also show an inherent disincentive for CEOs to become more socially responsible.

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