Building Knowledge by Mapping Model Uncertainty in Six Studies of Social and Financial Performance

Forthcoming, Strategic Management Journal https://doi.org/10.1002/smj.3374

44 Pages Posted: 15 Apr 2022

See all articles by Luca Berchicci

Luca Berchicci

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM)

Andrew A. King

Questrom School of Business- Boston University

Date Written: March 10, 2022

Abstract

Many scholars bemoan the difficulty of learning from individual research reports. Replication is often prescribed as a salve, but few replications are conducted, and even fewer allow the formation of a coherent understanding. In this article, we propose a complement to replication that emphasizes the mapping of epistemic uncertainties. We demonstrate our approach by exploring the results of six related studies on the link between social and financial performance. We show that our method allows the synthesis of seemingly conflicting findings, and we propose that it should be used proactively, prior to replication, to speed the growth of knowledge.

Keywords: social and financial performance, research methods, epistemology, model uncertainty, model selection

JEL Classification: Q51, D22, L25, C11, C18

Suggested Citation

Berchicci, Luca and King, Andrew A., Building Knowledge by Mapping Model Uncertainty in Six Studies of Social and Financial Performance (March 10, 2022). Forthcoming, Strategic Management Journal https://doi.org/10.1002/smj.3374, Available at SSRN: https://ssrn.com/abstract=4054719 or http://dx.doi.org/10.2139/ssrn.4054719

Luca Berchicci (Contact Author)

Erasmus University Rotterdam (EUR) - Rotterdam School of Management (RSM) ( email )

P.O. Box 1738
Room T08-21
3000 DR Rotterdam, 3000 DR
Netherlands

Andrew A. King

Questrom School of Business- Boston University ( email )

Boston, MA 02215
United States

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