Orzes, Guido, Jia, Fu orcid.org/0000-0002-9830-121X, Sartor, Marco et al. (1 more author) (2017) Performance implications of SA8000 certification. International Journal of Operations & Production Management. pp. 1625-1653. ISSN 0144-3577
Abstract
Purpose – The purpose of this paper is to shed light on the relationship between the adoption of Social Accountability 8000 (SA8000) – which is considered the most important ethical certification standard – and firm performance, building on agency and contingency theories. Design/methodology/approach – The authors analyse secondary longitudinal balance sheet data of listed firms employing a rigorous event-study approach and compare SA8000-certified companies to different control groups based on three matching criteria, i.e., industry, size, and pre-certification performance. The authors then study the moderating effects of the cultural features, the country’s development level, and the labour intensity on the causal relationship through multiple regression methods. Findings – The authors find that SA8000 certification positively affects labour productivity and sales performance but has no effect on profitability. Furthermore, the study supports that the relationship between SA8000 and profitability is moderated by two cultural features of the home country of the firms (i.e. power distance and uncertainty avoidance). Originality/value – This is the first study, which empirically tests the effects of the ethical certification SA8000 on firm performance using a cross-country sample. In addition, the authors contribute to the wider debate on the effects of corporate social responsibility practices on firm performance.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | © Guido Orzes, Fu Jia, Marco Sartor, Guido Nassimbeni 2017 |
Keywords: | Corporate social responsibility,Event study,Operational performance,SA8000,Social accountability,Sustainability |
Dates: |
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Institution: | The University of York |
Academic Units: | The University of York > Faculty of Social Sciences (York) > The York Management School |
Depositing User: | Pure (York) |
Date Deposited: | 10 Jul 2018 16:00 |
Last Modified: | 16 Oct 2024 14:54 |
Published Version: | https://doi.org/10.1108/IJOPM-12-2015-0730 |
Status: | Published |
Refereed: | Yes |
Identification Number: | 10.1108/IJOPM-12-2015-0730 |
Related URLs: | |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:133204 |