Looking for Evidence of the Relationship between Corporate Social Responsibilities and Corporate Financial Performance in an Emerging Market

2013 ◽  
Author(s):  
Nurul Amira
Keyword(s):  
Financial Performance ◽  
Emerging Market ◽  
Corporate Financial Performance ◽  
Social Responsibilities ◽  
Corporate Social ◽  
The Relationship ◽  
Corporate Social Responsibilities

scholarly journals CORPORATE SOCIAL RESPONSIBILITIES AND CORPORATE FINANCIAL PERFORMANCE IN VIETNAM CONTEXT

2020 ◽  
Vol 37 (01) ◽  
Author(s):  
HO THI VAN ANH ◽  
PHAM TU ANH
Keyword(s):  
Financial Performance ◽  
Positive Relationship ◽  
Annual Report ◽  
Corporate Financial Performance ◽  
Statistical Relationship ◽  
Context Analysis ◽  
Multiple Regressions ◽  
Social Responsibilities ◽  
Corporate Social ◽  
Corporate Social Responsibilities

The paper aims to investigate the effects between corporate social responsibilities (CSR) and corporate financial performance (CFP) in Vietnam context. The author employs context analysis and multiple regressions in Stata software to examine two-ways positive relationship between CSR and CFP. The research is contingent on the database created by Tien, HV & Van Anh, HT (2017) that is revised by an increase in the number of observation variables for a period from 2012 to 2017 for 130 companies via their annual report. Preliminary result indicates that there is a signicantly statistical relationship between CSR and CFP.

scholarly journals CSR and Corporate Financial Performance: An Inter-Sectorial Analysis

2019 ◽  
Vol 14 (11) ◽  
pp. 193 ◽  
Author(s):  
Antonio Salvi ◽  
Emanuele Doronzo ◽  
Anastasia Giakoumelou ◽  
Felice Petruzzella
Keyword(s):  
Financial Performance ◽  
Method Of Moments ◽  
Environmental Governance ◽  
Generalized Method Of Moments ◽  
Geographic Area ◽  
Corporate Financial Performance ◽  
Thomson Reuters ◽  
Sectorial Analysis ◽  
Corporate Social ◽  
The Relationship

This study examines the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP), shedding new light on the lack of academic consensus and prevailing failure to deal with endogeneity in data. To this purpose, the authors recalculate ESG performance starting from the four pillars (economic, environmental, governance and social) provided by Thomson Reuters’ Asset4 database, able to determine a firm’s CSP. We adjust each ESG pillar score accounting for the firm’s sector, size and headquarter geographic area. We empirically test the relationship with a Generalized Method of Moments approach (GMM) in order to tackle the widely disputed endogeneity issues arising in this type of datasets. Results highlight a positive relationship between CSR, as measured in a tailored manner in this study, and corporate financial performance.

scholarly journals Research on Landscape Architecture Design Based on Corporate Social Responsibilities

2021 ◽  
Vol 237 ◽  
pp. 04034
Author(s):  
Xinying Zhang ◽  
Wenjie Chen
Keyword(s):  
Environmental Protection ◽  
Natural Environment ◽  
Landscape Architecture ◽  
Natural Environments ◽  
Special Significance ◽  
Social Responsibilities ◽  
Common Concern ◽  
Corporate Social ◽  
The Relationship ◽  
Corporate Social Responsibilities

As the natural environment becomes growingly deteriorated, environmental protection becomes a global common concern. Landscape architecture (LA) is concerned about the relationship among humans, the built, and natural environments, so it is of special significance to study corporate social responsibilities (CSR) of LA firms. This paper studied CSR of LA firms from the perspective of landscape architects, i.e., this paper explored LA design based on corporate social responsibilities. CSR of LA firms was classified into economic responsibilities and green responsibilities, so this paper studied LA design based on economic responsibilities and green responsibilities respectively. This paper contributes to the existing study of LA design by innovatively adding corporate social responsibilities into the LA design philosophies.

scholarly journals Impact of Companies’ Characteristics on the Relationship between Corporate Social Responsibility Disclosure and Corporate financial Performance - An Empirical Analysis

2021 ◽  
Vol 39 (7) ◽  
Author(s):  
Sayeed Zafar Qazi ◽  
Parvesh Kumar Aspal
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Empirical Support ◽  
Corporate Financial Performance ◽  
Economic Point ◽  
Corporate Social Responsibility Disclosure ◽  
Corporate Social ◽  
The Impact ◽  
The Relationship

Strategic managers are persistently accosting with the decision of switching the scared corporate resource for the community welfare to balance the shareholders’ and multiple stakeholders’ interests. Corporate houses are presumed to not only intensify the economic priorities of investors, but must also consider the community and environmental ramifications as well. Presently, corporations are in dilemma over whether investment in corporate social responsibility (CSR) initiatives will be a cost or gain from an economic point of view. For this purpose, the association between CSR disclosure and corporate financial performance has been empirically explored and also the company characteristic has been considered as a significant and interesting factor influencing the association between CSR and corporate financial performance. The prime objective of the present paper is to examine the impact of companies’ characteristics i.e., Age of company on the relationship between corporate social responsibility disclosure and corporate financial performance. Panel data regression statistical technique has been applied to investigate and analyze the relationship. The findings of the study reveal that companies CSR have significant influence on their financial performances.  But, on the other hand the company characteristic, age of the company has no significant impact on the corporate financial performance. The findings are found consistent with earlier studies, which validate the company’s venture in undertaking the CSR initiatives. The present study addresses theoretical as well as empirical support and inspiration for the corporations towards CSR initiatives.

scholarly journals Relationship between Corporate Social Performance, Corporate Financial Performance and Financial Risk in Indian Firms

2019 ◽  
Vol 8 (3S3) ◽  
pp. 121-128
Keyword(s):  
Financial Performance ◽  
Financial Risk ◽  
Positive Relationship ◽  
Corporate Social Performance ◽  
Social Performance ◽  
Corporate Financial Performance ◽  
Corporate Social ◽  
The Relationship

This study examines the relationship between Corporate Social Performance and Corporate Financial Performance and Financial Risk of BSE top 10 companies in India. The variables of Corporate Social Performance and Financial Performance and Financial Risk were used in this study. There was positive relationship between Corporate Social Performance, Corporate Financial Performance and Financial Risk, at Bajaj Finance Ltd, Reliance Industries Ltd, Bajaj Auto Ltd, State Bank of India, Hindustan Unilever Ltd, Asian Paints Ltd and Bharathi Airtel Ltd. The novelty of the study is that the analysis of this study focuses on CSP, CFP and Financial Risk in respect of Indian firms.

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