How well do social ratings actually measure corporate social responsibility?
By: Aaron K. Chatterji, David I. Levine, Michael W. Toffel
Contributors: Levine, David I., 1960-; Toffel, Michael W.; Harvard Business School. Division of Research
Edition: Rev.
Series: Working paper / Division of Research, Harvard Business School -- 07-051; Working paper (Harvard Business School. Division of Research) -- 07-051
Publisher: Division of Research, Harvard Business School
Published: 2007
Place of publication: Boston
Language: eng
Number of pages: 46
Description: Ratings of corporations' environmental activities and capabilities influence billions of dollars of "socially responsible" investments as well as some consumers, activists, and potential employees. In one of the first studies to assess these ratings, we examine how well the most widely used ratings-those of Kinder, Lydenberg, Domini Research & Analytics (KLD)-provide transparency about past and likely future environmental performance. We find KLD "concern" ratings to be fairly good summaries of past environmental performance.
Notes: "June 7, 2007"--Added t.p.

Revision of: Do corporate social responsibility ratings predict corporate social performance? January 31, 2007.

"Revised"--Publisher's website, 2006-2007.

Includes bibliographical references.