Appels à communications30/11/2021
Call for Papers: New Perspectives on Corporate Social Performance: Firm’s Resilience In Crisis Times, Risk Mitigation And Organizational Regulation
Promoted by the IPAG Chair ‘Towards an Inclusive Company’, the Finance Research Letters’ special call for papers on “New perspectives on Corporate Social Performance: firm’s resilience in crisis times, risk mitigation and organizational regulation” promotes innovative, robust (as well as theoretically-grounded and empirically-rooted), willingly, multi-level investigations on the new challenges in the Corporate Social Performance (CSP) measurement, modeling and study-impact. Considering current times of pandemic and socio-economic crises, a specific attention will be paid to papers addressing the Corporate Social Performance impact of firm’s resilience, (exogenous) shocks resistance (or rebound capacity) as well as on risk mitigation.
Co-edited by Prof. Maria Giuseppina Bruna and Dr. Abderrahman Jahmane, under the supervision of Prof. Samuel Vigne (co-Editor-in-Chief of Finance Research Letters), the special issue (FRL Article collection) aims at contributing to the CSR – Corporate Finance debate:
- addressing the Corporate Social Performance as an approximated (partially anticipated, frequently hysteretic and occasionally performative) measurement of the effectiveness and the efficiency of company’s social and environmental policies (viewed as intertwined systems of promises and engagements
- Corporate Social Commitment ,
- operational programs and proofed practices),
- offering original ‘but theoretically-robust and empirically-tested) approaches for measurement, modelling and assessment of the Corporate Social Performance (possibly viewed also as socio-efficiency and eco-efficiency) within companies and, more disruptive, within organizational bodies or entities (as Corporate subsidiaries, divisions, B.U., networks…),
- analyzing the keys for efficiency (strategic conditions, mechanisms, processes and tools as well) of CSR policies, considering their social, governance and environmental dimensions, alternately, as a whole, either as separate pillars or as intertwined factors,
- assessing the CSP effects on main Corporate Finance indicators, specifically in the COVID era [in case of multi-level meso/macro designs, including also the moderation impact of macro-institutional, macro-social and macro-economic variables on the relationship between Corporate Social Performance and firm’s resiliency (or risk)],
- investigating the performance of Socially Responsible Investments in COVID times.
The present Special Section calls for :
- optimizing and/or elaborating sophisticated models and suitable methodologies (and tools) for an accurate evaluation of the CSR policies effectiveness, efficiency and maturity, and for a robust assessment of their impacts on the main Corporate finance indicators,
- capitalizing valuable academic knowledge rooted in empirical researches (supported by robust and critical designs preventing from ideological, theoretical and methodological bias, flaws or other inaccuracies pointed out by the literature, especially in economics and finance),
- enlightening policy-making, investors’ strategies and Corporate decision-making.
Guest Editors Pr. Dr. Maria Giuseppina Bruna (Full Professor in Management and Dean for Ethics, CSR and Social Research at the IPAG Business School; Founder and Managing Director of the IPAG Chair ‘Towards an Inclusive Company’; Associate Editor, Finance Research Letters) firstname.lastname@example.org
Dr. Abderrahman Jahmane (Assistant Professor of Management at the IPAG Business School, Senior Researcher at the IPAG Chair ‘Towards an Inclusive Company’) email@example.com
Finance Research Letters Website and Submission Timing Finance Research Letters Website : https://www.journals.elsevier.com/finance-research-letters
Papers must be submitted at the latest on November the 30th 2021.
The papers, definitively accepted after double-bind peer-review process, will be published on line and progressively included within regular Volumes.
Furthermore, they will be inserted in an on line FRL Article collection.
New issues on Corporate Social Performance (CSP) : modelling, assessment, regulation Bruna, Maria Giuseppina, & Nicolò, Domenico (2020). Corporate reputation and social sustainability in the early stages of start-ups: A theoretical model to match stakeholders' expectations through corporate social commitment. Finance Research Letters, 35, 101508. Bruna, Maria Giuseppina, Đặng, Rey, Ammari, Aymen, & Houanti, L’Hocine (2020). The effect of board gender diversity on corporate social performance: An instrumental variable quantile regression approach. Finance Research Letters, 101734. Chi, Wentao, & Chen, & Yun Chen (2020). Employee satisfaction and the cost of corporate borrowing. Finance Research Letters, 101666. El Akremi, Assâad., Gond, Jean-Pascal, Swaen, Valérie, De Roeck, Kenneth, & Igalens, Jacques (2018). How do employees perceive corporate responsibility? Development and validation of a multidimensional corporate stakeholder responsibility scale. Journal of Management, 44(2), 619-657. Forgione, Antonio Fabio, & Migliardo, Carlo (2020), CSR engagement and market structure: Evidence from listed banks. Finance Research Letters, 35, 101592 Jahmane, Abderrahman, & Gaies, Brahim (2020). Corporate social responsibility, financial instability and corporate financial performance: Linear, non-linear and spillover effects – The case of the CAC 40 companies ?. Finance Research Letters, 34, 101483 Ben Lahouel, Béchir Ben, Gaies, Brahim, Ben Zaied, Younès, & Jahmane, Abderrahman. (2019). Accounting for endogeneity and the dynamics of corporate social–corporate financial performance relationship. Journal of Cleaner Production, 230, 352-364. Orlitzky Marc, Schmidt, Frank L., & Rynes, Sara L. (2003). Corporate Social and Financial Performance: A Meta-analysis. Organization Studies, 24(3), 403–441. Pedersen, Esben (2010). Modelling CSR: How Managers Understand the Responsibilities of Business Towards Society. Journal of Business Ethics?. 91, 155–166; Porter, Michael, & Kramer, Mark (2006). Strategy and society: The link between competitive advantage and corporate social responsibility. Harvard Business Review, 84(12), 78–92. Xu, Shan, & Liu, Duchi (2017). Corporate social responsibility (CSR) and corporate diversification: do diversified production firms invest more in CSR?. Applied Economic Letters, 24(4), 254–257. Wood, Donna (1991). Social Issues in Management: Theory and Research in Corporate Social Performance. Journal of Management, 17(2), 383–406. doi:10.1177/014920639101700206. Corporate social responsibility, CSP and firm risk Albuquerque, Rui, Koskinen, Yriö, & Zhang, Chendi (2019). Corporate social responsibility and firm risk: Theory and empirical evidence. Management Science, 65(10), 4451-4469. Bae, Kee-Hong, El Ghoul, Sadok, Gong, Zhaoran, & Guedhami, Omrane. (2021). Does CSR matter in times of crisis? Evidence from the COVID19 pandemic. Journal of Corporate Finance, 67, 101876. Benlemlih, Mohammed & Girerd-Potin, Isabelle (2017). Corporate social responsibility and firm financial risk reduction: On the moderating role of the legal environment. Journal of Bus. Finance and Acc.. 44(7-8), 1137-1166. Boubaker, Sabri, Cellier, Alexis, Manita, Riadh, & Saeed, Asif (2020). Does corporate social responsibility reduce financial distress risk?. Economic Modelling, 91, 835-851. Bouslah, Kais, Kryzanowski, Lawrence, & M'Zali, Bouchra (2018). Social performance and firm risk: impact of the financial crisis. Journal of Business Ethics, 149, 643–669. Bruna, Maria Giuseppina, Dang, Rey, Scotto, Marie- José, & Ammari, Aymen (2019). Does board gender diversity affect firm risk-taking? Journal of Management and Governance, 23(4), 915-938. Harjoto, Maretno & Laksmana, Indrarini (2018). The impact of corporate social responsibility on risk taking and firm value. Journal of Business Ethics, 151(2), 353-373. Jo, Hoje, & Na, Haejung (2012). Does CSR reduce firm risk? Evidence from controversial industry sectors. Journal of Business Ethics, 110(4), 441-457. Mishra, Saurabh, & Modi, Sachin (2013). Positive and negative corporate social responsibility, financial leverage, and idiosyncratic risk. Journal of Business Ethics, 117(2), 431-448. Corporate social responsibility in times of crisis : shock resistance, rebound capacity and/or firm’s resilience Albuquerque, Rui, Koskinen, Yrjö, Yang, Shuai, & Zhang, Chendi. (2020). Resiliency of environmental and social stocks: An analysis of the exogenous COVID-19 market crash. The Rev. of Corp. Fin. Stud., 9(3), 593-621. Broadstock, David. C., Chan, Kalok, Cheng, Louis, & Wang, Xiaowei. (2020). The role of ESG performance during times of financial crisis: Evidence from COVID-19 in China. Finance Research Letters, 101716. Cheema-Fox, Alex, LaPerla, Bridget, Serafeim, George & Wang, Hui (Stacie). "Corporate Resilience and Response During COVID-19." Harvard Business School Working Paper, 20-108, April 2020. Ding, Wenzhi, Levine, Ross, Lin, Chen, & Xie, Wensi (2021). Corporate immunity to the COVID-19 pandemic. J. Financ. Econ. doi: https://doi.org/10.1016/j.jfineco.2021.03.005 Emeseh, Engobo, Ako, Rhuks, Okonmah, Patrick., & Ogechukwu, Lawrence. (2010). Corporations, CSR and self-regulation: What lessons from the global financial crisis?. German Law Journal, 11(2), 230-259. Lins, Karl, Servaes, Henri, & Tamayo, Ane (2017). Social capital, trust, and firm performance: The value of corporate social responsibility during the financial crisis. The Journal of Finance, 72(4), 1785-1824. Pal, Rudrajeet, Andersson, Roy, & Torstensson, Håkan. (2012). Organizational resilience through crisis strategic planning…. International Journal of Decision Sciences Risk and Management 4(3/4), 314-341.
Maria Giuseppina BRUNA - firstname.lastname@example.org