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- W2134729569 abstract "In this article, we empirically assess the impact of corporate ethical identity (CEI) on a firm’s financial performance. Drawing on formulations of normative and instrumental stakeholder theory, we argue that firms with a strong ethical identity achieve a greater degree of stakeholder satisfaction (SS), which, in turn, positively influences a firm’s financial performance. We analyze two dimensions of the CEI of firms: corporate revealed ethics and corporate applied ethics. Our results indicate that revealed ethics has informational worth and enhances shareholder value, whereas applied ethics has a positive impact through the improvement of SS. However, revealed ethics by itself (i.e. decoupled from ethical initiatives) is not sufficient to boost economic performance." @default.
- W2134729569 created "2016-06-24" @default.
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- W2134729569 date "2007-03-17" @default.
- W2134729569 modified "2023-10-11" @default.
- W2134729569 title "Corporate Ethical Identity as a Determinant of Firm Performance: A Test of the Mediating Role of Stakeholder Satisfaction" @default.
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- W2134729569 doi "https://doi.org/10.1007/s10551-006-9276-1" @default.
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