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Exploring the Curvature of the Relationship Between HRM–CSR and Corporate Financial Performance

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  • Olivier Meier

    (Université Paris Est)

  • Philippe Naccache

    (INSEEC School of Business and Economics, INSEEC U.)

  • Guillaume Schier

    (ESSCA School of Management)

Abstract

This article contributes to the general literature on the relationship between corporate social performance and corporate financial performance, as well as to the emerging HRM–CSR literature, by exploring the curvature of the relationship between HRM–CSP and CFP. We advance conceptual arguments in favor of an inverted U-shaped relationship. Our results demonstrate a significant quadratic relationship between HRM–CSP and CFP. We provide evidence that this relationship is not linear or S-shaped but rather inverted U-shaped.

Suggested Citation

  • Olivier Meier & Philippe Naccache & Guillaume Schier, 2021. "Exploring the Curvature of the Relationship Between HRM–CSR and Corporate Financial Performance," Journal of Business Ethics, Springer, vol. 170(4), pages 857-873, May.
    • Handle: RePEc:kap:jbuset:v:170:y:2021:i:4:d:10.1007_s10551-019-04332-3
    DOI: 10.1007/s10551-019-04332-3
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