The Determinants of the Relationship of Corporate Social Performance and Financial Performance: Conceptual Framework1

Abstract

The objective of this paper is to investigate relationship between CSP and CFP using contin
gency perspective derived from the strategic management domain.  The investigation will be 
done using lens of slack resource and good management theory.  This study is expected to pro
vide a new insight on the link between corporate social performance and corporate financial 
performance using contingency perspective as suggested in the strategic management and ac
counting literature, an area has not been examined in the prior studies.  The result of this study 
can resolve the existing conflict in the literatures by developing an integrated model of the link 
between CSP and CFP and the notion of corporate performance which, in strategic manage
ment, is highly affected by four factors: business environment, strategy, organization structure, 
and control system.  The model will explain in what condition the relationship of CSP and CFP 
is valid