Measuring the economic performance of socially responsible companies
| dc.contributor.author | Fernández Guadaño, Josefina | |
| dc.date.accessioned | 2023-06-19T15:01:28Z | |
| dc.date.available | 2023-06-19T15:01:28Z | |
| dc.date.issued | 2015 | |
| dc.description.abstract | This paper presents a one-dimensional exploratory study which compares the socially responsible companies included in the Spanish sustainability index, FTSE4Good Ibex, with the rest of the indices in the IBEX family. The aim is to use different economic variables to establish whether there are differences in economic performance. Parametric testing was used to study whether there are differences between the two types of companies. The results demonstrate that there are no statistically significant differences in economic performance between the two groups. The study confirms that companies with good practices are as profitable as the rest, but it also demonstrates that the economic-financial behaviour is not better as a result of being in the sustainability index. | |
| dc.description.abstract | Cilj ovog istraživanja je korištenje različitih ekonomskih varijabli da bi se utvrdilo postoje li razlike u gospodarskoj uspješnosti poslovanja poduzeća kao rezultat njihova uključivanja u indeks održivosti. Rad predstavlja jednodimenzionalnu istraživačku studiju koja uspoređuje društveno-odgovorna poduzeća uključena u španjolski indeks održivosti FTSE4Good Ibex s ostalim tvrtkama uključenim u indekse iz porodice IBEX. Parametarsko testiranje koristi se da bi se utvrdilo postoji li razlika između ta dva tipa poduzeća. Rezultati pokazuju da u ekonomskim rezultatima između dviju skupina nema statistički značajnih razlika. Također je potvrđeno da su poduzeća s dobrom praksom jednako profitabilna kao i druga, ali isto tako je utvrđeno da ekonomsko-financijsko ponašanje poduzeća nije bolje samim tim što je uključeno u indeks održivosti. Temeljni zaključak je da poštivanje društvenih i ekoloških standarda ne šteti konkurentnoj poziciji poduzeća, te stoga, svojim rezultatima pružaju podršku politici razvoja odgovornih praksi da bi postali alat za učvršćivanje povjerenja u gospodarstvo i investitore. | |
| dc.description.department | Depto. de Administración Financiera y Contabilidad | |
| dc.description.faculty | Fac. de Ciencias Económicas y Empresariales | |
| dc.description.refereed | TRUE | |
| dc.description.status | pub | |
| dc.eprint.id | https://eprints.ucm.es/id/eprint/36567 | |
| dc.identifier.doi | 10.10.18045/zbefri.2015.2.207 | |
| dc.identifier.issn | 1331-8004 | |
| dc.identifier.officialurl | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=220595&lang=en | |
| dc.identifier.relatedurl | http://hrcak.srce.hr/index.php?show=clanak&id_clanak_jezik=220595&lang=en | |
| dc.identifier.uri | https://hdl.handle.net/20.500.14352/35147 | |
| dc.issue.number | 2 | |
| dc.journal.title | Journal of Economics and Business | |
| dc.language.iso | eng | |
| dc.page.final | 234 | |
| dc.page.initial | 207 | |
| dc.rights.accessRights | open access | |
| dc.subject.jel | M210 | |
| dc.subject.jel | M400 | |
| dc.subject.keyword | Corporate social responsibility (CRS) | |
| dc.subject.keyword | Corporate financial performance (CFP) | |
| dc.subject.keyword | Spain | |
| dc.subject.keyword | Sustainability index | |
| dc.subject.keyword | Good practices. | |
| dc.subject.ucm | Administración de empresas | |
| dc.subject.unesco | 5311 Organización y Dirección de Empresas | |
| dc.title | Measuring the economic performance of socially responsible companies | |
| dc.type | journal article | |
| dc.volume.number | 33 | |
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