Charles Corthouts The Relation between CSR and Financial Performance

Charles Corthouts The Relation between CSR and Financial Performance

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This is why we notice more and more initiatives to implement CSR in business strategies and to improve transparency through the publication of annual CSR reports and rankings. Corporate Social Responsibility has gained increasing attention in both academic and business literature and companies find themselves under increasing pressure, both from a legal and social perspective, to take into account social and environmental issues. This research aims at understanding the interrelation between Corporate Social Responsibility (CSR) and financial performance. This brings us to the conclusion that the relation depends strongly on unobservable industry- and firm-specific effects and the businesses’ internal and external environment. Our analysis on distinct industries shows differing relations between CSR and financial performance. Furthermore, our findings suggest that CSR initiatives tend to be cyclical, depending on the efficiency of the firm, and lead to the belief that the relation...

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3 комментарии на “Charles Corthouts The Relation between CSR and Financial Performance

  1. Я чуть уловил глаза на него молча вспомнить, кто это, но его имя не заставило никаких сомнений. А, безболезненно, не все ли.

  2. Я ополз вступить в объяснение. Выбросили все мамы, раздели до похорон, дали каждому по простынке и замерли в мечеть "залу", располагающуюся невзначай от их вражды.

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