CORPORATE SOCIAL PERFORMANCE AND FINANCIAL PERFORMANCE: A THEORETICAL FRAMEWORK

The aim of this study is to introduce a framework that provides a solid theoretical foundation for analyzing the social, environmental, and economic activities of a business firm or chain. In doing so, the framework aligns, at least in its structure, with the theoretical advancements in the field of business and society. Moreover, it is contended that focusing on a specific aspect of Wood's model implies the adoption of a particular ethical perspective, potentially overlooking other perspectives.