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- W2989969704 abstract "In the latest decades, integrating CSR into business practice has been a frequent subject, with shareholders, clients and other stakeholders demonstrating the most important concern about this problem. Although the demand for CSR is growing, companies are worried whether enhanced social performance will result in excellent economic results. Many scholars have evaluated the relationship between CSR and CFP. However, the results are not definitive, and there are a positive, negative, neutral and mixed link has been found before.Based on stakeholder theory and CSR triple bottom line theory, this study empirically tests the relationship between CSR and CFP of 29 US listed companies during 2011-2017. The results show that when ROA, ROE and Net margin are used to measure firm performance, there is a significant and positive relationship between corporate social responsibility and corporate social performance. Finally, the empirical findings support the hypothesis that the impact of CSR on CFP varies across industries." @default.
- W2989969704 created "2019-12-05" @default.
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- W2989969704 date "2019-08-21" @default.
- W2989969704 modified "2023-09-24" @default.
- W2989969704 title "Analysis of Relationship Between Corporate Social Responsibility and Corporate Financial Performance: An investigation into a group of companies listed in the Dow Jones Industrial Average index" @default.
- W2989969704 hasPublicationYear "2019" @default.
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