Faculty Publications

Title

Measurement of corporate social action: Discovering taxonomy in the Kinder Lydenburg Domini Ratings Data

Document Type

Article

Keywords

Corporate financial performance, Corporate social action, Corporate social performance, KLD data

Journal/Book/Conference Title

Business and Society

Volume

45

Issue

1

First Page

20

Last Page

46

Abstract

The contribution of this work is a classification of corporate social action underlying the Social Ratings Data compiled by Kinder Lydenburg Domini Analytics, Inc. We compare extant typologies of corporate social action to the results of our exploratory factor analysis. Our findings indicate four distinct latent constructs that bear resemblance to concepts discussed in prior literature. Akey finding of our research is that positive and negative social action are both empirically and conceptually distinct constructs and should not be combined in future research. Additionally, we recommend that some prior research results be reconsidered to determine whether these newly derived measures might clarify some previous findings. © 2006 Sage Publications.

Original Publication Date

3-1-2006

DOI of published version

10.1177/0007650305281939

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