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dc.contributor.author이정환-
dc.date.accessioned2019-12-07T23:37:41Z-
dc.date.available2019-12-07T23:37:41Z-
dc.date.issued2018-05-
dc.identifier.citation유통과학연구, v. 16, no. 5, page. 31-43en_US
dc.identifier.issn1738-3110-
dc.identifier.issn2093-7717-
dc.identifier.urihttps://www.kci.go.kr/kciportal/landing/article.kci?arti_id=ART002350473-
dc.identifier.urihttps://repository.hanyang.ac.kr/handle/20.500.11754/118532-
dc.description.abstractPurpose – We examine how a Korean retail firm’s social responsibility is related to its financial performances. The traditional view of corporation expects a negative relationship, while the stakeholder theory expects a positive one.Research design, data, and methodology – We adopt the ESG score, published by Korean Corporate Governance Service to measure the level of socially responsible activity for the Korean retail firms. The ordinary least square method is adopted to investigate this relationship. The publicly traded retail firms are examined from 2011 to 2016.Results – We find that the total ESG score is negatively related to ROE but shows no statistically significant relationship with ROA and Tobin’s Q value. However, a firm’s environmental score is negatively related with both of ROE and ROA. Its social score is no conclusive relationship with the performance measures. The governance score is negatively related to the value of Tobin’s Q.Conclusions – This paper generally supports the traditional view of corporate theory, especially in terms of ROE. This evidence is not well aligned with the existing study for Korean corporations generally documenting positive relationships. We find almost no empirical evidence supporting the stakeholder theory of corporation in the Korean retail industry,en_US
dc.description.sponsorshipThis research was supported by Korea National OpenUniversity Research Fund(201700410001)en_US
dc.language.isoen_USen_US
dc.publisher한국유통과학회en_US
dc.subjectCorporate Social Responsibilityen_US
dc.subjectFinancial Performanceen_US
dc.subjectRetail Industryen_US
dc.titleCorporate social responsibility and financial performance in Korean retail firmsen_US
dc.typeArticleen_US
dc.relation.no5-
dc.relation.volume16-
dc.identifier.doi10.15722/jds.16.5.201805.31-
dc.relation.page31-43-
dc.relation.journalJournal of Distribution Science-
dc.contributor.googleauthorLee, Jeong-Hwan-
dc.contributor.googleauthorKang, Yun-Sik-
dc.contributor.googleauthorKim, Sang-Su-
dc.relation.code2018032508-
dc.sector.campusS-
dc.sector.daehakCOLLEGE OF ECONOMICS AND FINANCE[S]-
dc.sector.departmentDIVISION OF ECONOMICS & FINANCE-
dc.identifier.pidjeonglee-


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