Organizational leadership: Approaching globalization from a social contract perspective
[Thesis]
University of Phoenix: United States -- Arizona
: 2007
143 pages
D.B.A.
, University of Phoenix: United States -- Arizona
The purpose of this descriptive, two by two factorial study was to examine the relationship of implementing a strategic social contract policy on the long-term financial measures of publicly traded organizations. The study analyzed percentage change of quarterly stock prices and net earnings of 30 companies from the sample of the June 30, 2006, Russell 1000. The 30 companies were bifurcated into two groups of 15 companies. One group consisted of 15 companies that have been listed for the past five consecutive years on Business Ethics ' best corporate citizens list (Asmus, 2003; Asmus, 2004; Asmus, 2005; Miller, 2002; Raths, 2006). The other groups consisted of 15 companies that had not. The data results were analyzed using ANOVA methodology and revealed that there is no statistically significant difference between the specified financial metrics of organizations with a publicly recognized social contract strategy and those organizations that do not. The significance of this study is the potential for organizational leadership to understand that a strategic social contract policy need not be a performance trade-off for financial metric success.