This study examines how to strengthen human capital by using CSR practices and how this can affect the shareholder value creation, considering the human factor as part of the intellectual capital filled from the rising of the knowledge. The research will show a positive link between the strengthened CSR practices and the results concerning human capital productivity. A qualitative methodological approach based on the case analysis of a few largest European companies’ CSR practices towards human capital and a quantitative analysis of their human capital principal indexes and the link with shareholder value creation are proposed. Results will highlight a strong link between CSR and human capital results, underlining for managers the need to invest in those practices. Whilst, being the largest companies analysed part of peculiar industrial sectors, results concerning shareholder value creation will appear to be dependent and vary on some other contingency variables, such as the reputation connected to the industry effect.

CSR and human capital as levers for enhancing shareholder value creation. An early investigation of the largest European companies

CASALEGNO, Cecilia Giuliana;PELLICELLI, MICHELA;CIVERA, CHIARA
2017-01-01

Abstract

This study examines how to strengthen human capital by using CSR practices and how this can affect the shareholder value creation, considering the human factor as part of the intellectual capital filled from the rising of the knowledge. The research will show a positive link between the strengthened CSR practices and the results concerning human capital productivity. A qualitative methodological approach based on the case analysis of a few largest European companies’ CSR practices towards human capital and a quantitative analysis of their human capital principal indexes and the link with shareholder value creation are proposed. Results will highlight a strong link between CSR and human capital results, underlining for managers the need to invest in those practices. Whilst, being the largest companies analysed part of peculiar industrial sectors, results concerning shareholder value creation will appear to be dependent and vary on some other contingency variables, such as the reputation connected to the industry effect.
19
4
448
467
http://www.inderscience.com/
corporate social responsibility; CSR; human capital; shareholder value creation; largest European countries
Casalegno, Cecilia; Pellicelli, Michela; Civera, Chiara
File in questo prodotto:
Non ci sono file associati a questo prodotto.

I documenti in IRIS sono protetti da copyright e tutti i diritti sono riservati, salvo diversa indicazione.

Utilizza questo identificativo per citare o creare un link a questo documento: https://hdl.handle.net/2318/1641686
Citazioni
  • ???jsp.display-item.citation.pmc??? ND
  • Scopus 3
  • ???jsp.display-item.citation.isi??? ND
social impact