Corporate social responsibility, intangibles, and dynamic performance of the U.S. Airlines

Date
2021-01
Authors
Wang, Wei-Kang
Wu, Sheng-Fu
Nourani, Mohammad
Kweh, Qian Long
Chen, Janya
Journal Title
Journal ISSN
Volume Title
Publisher
Universidad de Murcia
Abstract
This study first employs the dynamic data envelopment analysis (DEA) approach to measure the operating performance of the U.S. airline industry for the period 2006-2014. We examine whether airlines included in the Kinder, Lydenberg, and Domini (KLD) database have higher efficiencies than airlines not included in the KLD database. The seven corporate social responsibility (CSR) dimensions available in the KLD database are used to proxy for CSR. Through a radar graph, we thus also document the extent to which the airlines have implemented each of the dimensions of CSR. Next, this study explores the relationship between CSR and the operating performance of the airlines. Our findings show an indirect relationship between CSR and operating performance, which relies on the mediating effect of intangibles, after accounting for potential endogeneity problem. The findings of this study can provide guidelines for coping with CSR issues in the airline industry and for implementing CSR policies. ©2021 ASEPUC.
Description
This article is not available at CUD collection. The version of scholarly record of this article is published in Revista de Contabilidad-Spanish Accounting Reviewth (2021), available online at: https://doi.org/10.6018/rcsar.357891
Keywords
Corporate social responsibility, Dynamic data envelopment analysis, Intangibles, Kld, U.S. airline
Citation
Wang, W.-K., Wu, S.-F., Nourani, M., Kweh, Q. L., & Chen, J. (2021). Corporate Social Responsibility, Intangibles, and Dynamic Performance of the U.S. Airlines: La Responsabilidad Social Corporativa, los Intangibles y el Desempeño Dinámico de las Aerolíneas Estadounidenses. Spanish Accounting Review, 24(1), 104-115. https://doi.org/10.6018/rcsar.357891