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Corporate Social Performance and Corporate Financial Performance

  • Megumi SutoEmail author
  • Hitoshi Takehara
Chapter
  • 654 Downloads
Part of the Advances in Japanese Business and Economics book series (AJBE)

Abstract

As discussed in Chap.  2, awareness and practices of corporate social responsibility (CSR) have significantly changed since the 2000s by globalization of business and stock ownership structure. Owing to the prolonged economic stagnancy since the beginning of 1990s, revitalization of the Japanese economy became the top agenda for government policy, and the economic responsibility of corporations was interpreted as their primary responsibility. Since the beginning of the 2000s, Japanese corporations seem to have begun to review CSR activities to find a new path to stakeholder relationships in revitalization of business. Interesting research questions are how CSR activities link to economic performance and risk management, and how stakeholder management contribute to performance and risk in the context of Japanese firms in the 2000s.

Keywords

Corporate Social Performance (CSP) Corporate Financial Performance (CFP) Stakeholder Management Stock Ownership Structure Prolonged Economic Stagnation 
These keywords were added by machine and not by the authors. This process is experimental and the keywords may be updated as the learning algorithm improves.

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Copyright information

© Springer Nature Singapore Pte Ltd. 2018

Authors and Affiliations

  1. 1.Waseda UniversityTokyoJapan
  2. 2.Waseda UniversityTokyoJapan

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