Does Corporate Sustainability Performance Increase Corporate Financial Performance? Focusing on the Information and Communication Technology Industry in Korea
DC Field | Value | Language |
---|---|---|
dc.contributor.author | Jung, Seonmin | - |
dc.contributor.author | Nam, Changi | - |
dc.contributor.author | Yang, Dong-Hoon | - |
dc.contributor.author | Kim, Seongcheol | - |
dc.date.accessioned | 2021-09-02T12:27:56Z | - |
dc.date.available | 2021-09-02T12:27:56Z | - |
dc.date.created | 2021-06-16 | - |
dc.date.issued | 2018-05 | - |
dc.identifier.issn | 0968-0802 | - |
dc.identifier.uri | https://scholar.korea.ac.kr/handle/2021.sw.korea/76029 | - |
dc.description.abstract | Corporate sustainability has increased in importance, because corporations must survive in a social and ecological network as an interdependent going concern. However, from a business perspective, it is an empirical issue whether the firm's corporate sustainability performance is associated with its financial performance. In this paper, based on Ohlson's residual income model, the effect of corporate sustainability performance on financial performance is examined by utilizing the newly developed Korea Sustainability Index as a proxy for corporate sustainability performance. It was found that a firm's corporate sustainability performance is positively associated with its financial performance, and this positive association is more sensitive in the information and communications technology (ICT) industry than in non-ICT firms. Furthermore, this moderating effect is mainly attributable to the service sector in the ICT industry. These effects are prominent in smaller low-leveraged firms. Copyright (C) 2017 John Wiley & Sons, Ltd and ERP Environment | - |
dc.language | English | - |
dc.language.iso | en | - |
dc.publisher | WILEY | - |
dc.subject | RESOURCE-BASED VIEW | - |
dc.subject | SOCIAL-RESPONSIBILITY | - |
dc.subject | STAKEHOLDER THEORY | - |
dc.subject | ENVIRONMENTAL PERFORMANCE | - |
dc.subject | FIRM PERFORMANCE | - |
dc.subject | MANAGEMENT | - |
dc.subject | COMPETITIVENESS | - |
dc.subject | PROFITABILITY | - |
dc.subject | DETERMINANTS | - |
dc.subject | PERSPECTIVE | - |
dc.title | Does Corporate Sustainability Performance Increase Corporate Financial Performance? Focusing on the Information and Communication Technology Industry in Korea | - |
dc.type | Article | - |
dc.contributor.affiliatedAuthor | Kim, Seongcheol | - |
dc.identifier.doi | 10.1002/sd.1698 | - |
dc.identifier.scopusid | 2-s2.0-85028330692 | - |
dc.identifier.wosid | 000435814800005 | - |
dc.identifier.bibliographicCitation | SUSTAINABLE DEVELOPMENT, v.26, no.3, pp.243 - 254 | - |
dc.relation.isPartOf | SUSTAINABLE DEVELOPMENT | - |
dc.citation.title | SUSTAINABLE DEVELOPMENT | - |
dc.citation.volume | 26 | - |
dc.citation.number | 3 | - |
dc.citation.startPage | 243 | - |
dc.citation.endPage | 254 | - |
dc.type.rims | ART | - |
dc.type.docType | Article | - |
dc.description.journalClass | 1 | - |
dc.description.journalRegisteredClass | ssci | - |
dc.description.journalRegisteredClass | scopus | - |
dc.relation.journalResearchArea | Development Studies | - |
dc.relation.journalResearchArea | Science & Technology - Other Topics | - |
dc.relation.journalResearchArea | Public Administration | - |
dc.relation.journalWebOfScienceCategory | Development Studies | - |
dc.relation.journalWebOfScienceCategory | Green & Sustainable Science & Technology | - |
dc.relation.journalWebOfScienceCategory | Regional & Urban Planning | - |
dc.subject.keywordPlus | RESOURCE-BASED VIEW | - |
dc.subject.keywordPlus | SOCIAL-RESPONSIBILITY | - |
dc.subject.keywordPlus | STAKEHOLDER THEORY | - |
dc.subject.keywordPlus | ENVIRONMENTAL PERFORMANCE | - |
dc.subject.keywordPlus | FIRM PERFORMANCE | - |
dc.subject.keywordPlus | MANAGEMENT | - |
dc.subject.keywordPlus | COMPETITIVENESS | - |
dc.subject.keywordPlus | PROFITABILITY | - |
dc.subject.keywordPlus | DETERMINANTS | - |
dc.subject.keywordPlus | PERSPECTIVE | - |
dc.subject.keywordAuthor | sustainable development | - |
dc.subject.keywordAuthor | corporate sustainability | - |
dc.subject.keywordAuthor | sustainability performance | - |
dc.subject.keywordAuthor | sustainability index | - |
dc.subject.keywordAuthor | ICT industry | - |
Items in ScholarWorks are protected by copyright, with all rights reserved, unless otherwise indicated.
(02841) 서울특별시 성북구 안암로 14502-3290-1114
COPYRIGHT © 2021 Korea University. All Rights Reserved.
Certain data included herein are derived from the © Web of Science of Clarivate Analytics. All rights reserved.
You may not copy or re-distribute this material in whole or in part without the prior written consent of Clarivate Analytics.