• Title/Summary/Keyword: Finantial Performance

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The Relation between Orientation of Learning, Marketing, Entrepreneurs, and Organizational Culture and Organizational Performance (학습지향성, 시장지향성, 기업가지향성이 조직문화에 따라 경영성과에 미치는 영향)

  • Lee, Suk-Young;Moon, Song-Chul
    • Journal of Information Technology Applications and Management
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    • v.18 no.2
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    • pp.109-134
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    • 2011
  • This dissertatioionstudied the relation between orientation of learning, marketing, entrepreneurs and organizational culture and organizational performance. This study tried to look out the factors that the peoples of an organization takes part in the organizational culture to be related to the cultural efficiency and organizational performance. Accordingly result of this study, orientation of learning, marketing, entrepreneurs is related to organizational culture and organizational performance. Customer orieatation of marketing orientation showed a positive effect for organizational non-finantial performance according to mission consciousness of organizational culture.

Corporate Social Responsibility and Financial Performance: The impact of the MSCI ESG Ratings on Korean Firms (기업의 사회책임과 재무성과: 한국기업의 MSCI ESG 평가를 중심으로)

  • Kim, Jinwook;Chung, Sunggon;Park, Cheongkyu
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.14 no.11
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    • pp.5586-5593
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    • 2013
  • This study investigates how the Corporate Social Responsibility (CSR) performance of a firm is associated with its financial performance in the stock market. Prior studies provide mixed evidence on the relation between CSR and financial performance. This study sheds some lights on the positive effect of CSR on firms' financial performance. Using a unique set of data on CSR performance of Korean firms provided by Morgan Stanley Capital International (MCSI), we find that firms' CSR performance is positively associated with their contemporaneous stock returns and Tobin's Q in the Korean market. This finding suggests that stock market participants value firms' CSR activities. This is the first study that provides empirical evidence on the existence of the positive association between the CSR performance of Korean firms and their financial performance using MCSI data which is considered more reliable than the data used in the prior CSR studies in Korea.