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Pension funds and corporate social performance : an empirical analysis
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Cox, Paul, Brammer, Stephen and Millington, Andrew, 1952-. (2008) Pension funds and corporate social performance : an empirical analysis. Business & Society, Vol.47 (No.2). 213 - 241. ISSN 0007-6503
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Official URL: http://dx.doi.org/10.1177/0007650306297945
Abstract
This study examines the relationship between pension fund ownership of companies and corporate social performance using a unique database of more than 500 publicly listed U.K. companies. The empirical analysis emphasizes the heterogeneous character of pension fund holdings and the multidimensional nature of corporate social performance. The results highlight that the characteristics of pension fund management are significant drivers of preferences for social performance and that employee-related aspects of social performance are preferred by pension funds.
| Item Type: | Journal Article |
|---|---|
| Subjects: | H Social Sciences > HD Industries. Land use. Labor H Social Sciences > HF Commerce |
| Divisions: | Faculty of Social Sciences > Warwick Business School |
| Library of Congress Subject Headings (LCSH): | Social responsibility of business -- Great Britain, Pension trusts -- Investments -- Great Britain, Investments -- Moral and ethical aspects -- Great Britain |
| Journal or Publication Title: | Business & Society |
| Publisher: | Sage Publications Inc |
| ISSN: | 0007-6503 |
| Date: | June 2008 |
| Volume: | Vol.47 |
| Number: | No.2 |
| Page Range: | 213 - 241 |
| Identification Number: | 10.1177/0007650306297945 |
| Status: | Peer Reviewed |
| Publication Status: | Published |
| Access rights to Published version: | Restricted or Subscription Access |
| URI: | http://wrap.warwick.ac.uk/id/eprint/36562 |
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