文章基本信息

标题：THE EFFECT OF CORPORATE SOCIAL RESPONSIBILITY ON THE FIRM’S FINANCIAL PERFORMANCE
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作者：Marwa El Maghawry Ibrahim ; Hayam Hassan Wahba
期刊名称：International Journal of Business and Management Studies
电子版ISSN：1309-8047
出版年度：2013
卷号：5
期号：2
出版社：Social Sciences Research Society
摘要：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.
关键词：CSR (Corporate Social Responsibility); FP (Financial Performance); S&P/EGX ESP