Publication of the IRES study: ” The social responsibility and the performance of companies ” carried out with the support of the Vigeo’s research
Last September, The Institute of Economic and Social Research (IRES) and the CFE-CGC published a study of Sandra Cavaco (University of Panthéon-Assas) and Patricia Crifo (Université Paris Ouest-Economix, École Polytechnique et CIRANO (Montréal)) on the link between social responsibility measured by Vigeo scores and opinions and company performance.
This report studies the links between companies’ social responsibility of (CSR) and economic performance in the big OECD countries between 2004-2012. This research demonstrates that the synergies are real between the various domains defining companies’ social responsibility and that the latter configures their arbitrations and determines their priorities compared with their various stakeholders and according to methods which allow them to strengthen their profitability in every case.
The results show that four big factors can explain this link between CSR and performance:
- The macroeconomic context and the situation
- Companies’ characteristics (business sector, national regulations regarding CSR, etc.)
- The typology of the strategies displayed
- The nature of the synergies and the arbitrations between the various dimensions of the CSR
Read the summary of the report online.