Publication:
Corporate ethical identity as determinant of firm performance : a test of the mediating role of stakeholder satisfaction

Simple item page
dc.affiliation.dptoUC3M. Departamento de Economía de la Empresaes
dc.contributor.authorBerrone, Pascual Alberto
dc.contributor.authorSurroca Aguilar, Jorge
dc.contributor.authorTribo Gine, José Antonio
dc.date.accessioned2006-11-07T11:23:33Z
dc.date.available2006-11-07T11:23:33Z
dc.date.issued2005-04
dc.description.abstractIn this article, we empirically assess the impact of the Corporate Ethical Identity (CEI) on the firm's financial performance. Drawing on formulation of both normative and instrumental stakeholder theory, we argue that firms with a strong ethical identity achieve greater degree of stakeholder satisfaction, which in turn, positively influence the firms' financial performance. We further analyze two different dimensions of the CEI of firms: corporate revealed ethics and corporate applied ethics. Our results indicate that while revealed ethics has informational worth and enhance shareholder value, applied ethics has a positive impact through the improvement of stakeholder satisfaction. However, revealed ethics by itself (i.e. decoupled from ethical initiatives) is not sufficient to boost economic performance.
dc.format.extent584658 bytes
dc.format.mimetypeapplication/pdf
dc.identifier.repecwb053108
dc.identifier.urihttps://hdl.handle.net/10016/112
dc.language.isoeng
dc.language.isoeng
dc.relation.ispartofseriesUC3M Working Papers. Bussiness Economics
dc.relation.ispartofseries2005-08
dc.rights.accessRightsopen access
dc.subject.ecienciaEmpresa
dc.titleCorporate ethical identity as determinant of firm performance : a test of the mediating role of stakeholder satisfaction
dc.typeworking paper*
dspace.entity.typePublication
Files
Original bundle
Now showing 1 - 1 of 1
Thumbnail Image
Name:
wb053108.pdf
Size:
570.96 KB
Format:
Adobe Portable Document Format
Description:
Download
Collections
DEE - Working Papers. Business Economics. WB
Economists Online