THE EFFECT OF  CORPORATE SOCIAL RESPONSIBILITY ON THE FIRM’S FINANCIAL PERFORMANCE

Marwa El Maghawry IBRAHİM; Hayam Hassan WAHBA

Article Details

THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY ON THE FIRM’S FINANCIAL PERFORMANCE

Authors:

Marwa El Maghawry IBRAHİM | Hayam Hassan WAHBA

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2013 Vol.5 Issue 2, pp.147-156

Document Type:

Article

Publication Date:

11/2013

Document Language:

Turkish

Document ID (Org No.):

2000809150

Frequency:

Bi-Annual

eISSN:

1309-8047

Abstract:

 

The objective of this research is to investigate the relationship between the  corporate social responsibility and the firm’s financial performance. This  relationship has been a very important issue and topic of great interest for  researchers since from the origin of business entities. Therefore the aim of this  study is to explore the nature of relationship between CSR and financial  performance in the context of Egypt using a sample of 30 firms (firms listed on  EGX 30) from 2007 to 2010. The sample was from a range of industrial sectors.  We measured the corporate social responsibility by the S&P/EGX ESG Index,  which is the only single source that offers published data regarding social  corporate responsibility. The Corporate financial performance is measured by  ROA and EPS. We find a positive and significant relation between corporate  financial performance and the CSR. This result actually motivates organizations  to think broadly about their obligations towards the society in which they operate  rather than just maximizing their wealth.

Article Details

THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY ON THE FIRM’S FINANCIAL PERFORMANCE

Authors: Marwa El Maghawry IBRAHİM | Hayam Hassan WAHBA

Publisher: Sosyal Bilimler Araştırmaları Derneği

Journal: International Journal of Business and Management Studies 2013 Vol.5 Issue 2, pp.147-156

Document Type: Article

Publication Date: 11/2013

Document Language: Turkish

Document ID (Org No.): 2000809150

Frequency: Bi-Annual

eISSN: 1309-8047

Issues

Authors:

Marwa El Maghawry IBRAHİM | Hayam Hassan WAHBA

Publisher:

Sosyal Bilimler Araştırmaları Derneği

Journal:

International Journal of Business and Management Studies 2013 Vol.5 Issue 2, pp.147-156

Document Type:

Article

Publication Date:

11/2013

Document Language:

Turkish

Document ID (Org No.):

2000809150

Frequency:

Bi-Annual

eISSN:

1309-8047