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THE NEXUS OF CORPORATE SOCIAL RESPONSIBILITY AND CORPORATE FINANCIAL PERFORMANCE REALITY OR MYTH

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41 Pages : 440- 447

http://dx.doi.org/10.31703/gesr.2022(VII-II).41      10.31703/gesr.2022(VII-II).41      Published : Jun 2022

The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth

Abstract

    There has been a significant uptick in the number of global studies which analyze the empirical connection of CSR with CFP. This research will examine the correlation between CSR and CFP for cement firms trading on Stock Exchange of Pakistan (PSX). The correlation was investigated by regression analysis utilizing statistics from the companies' annual reports. It was shown that CSR positively affects market-determined profitability and ratios. Additionally, prior research supported the study's conclusions. Companies in the cement industry are encouraged to participate in CSR projects in light of the findings so that they might improve their bottom lines.

    Financial Performance, Corporate Social Responsibility, Profitability, Marketability

    (1) Farhat Ullah Khan
    Assistant Professor, Institute of Business Administration, Gomal University, Dera Ismail Khan, KP, Pakistan.
    (2) Khalid Rehman
    Lecturer, Institute of Business Administration, Gomal University, Dera Ismail Khan, KP, Pakistan
    (3) Ahmad Ali
    Lecturer, Institute of Business Administration, Gomal University, Dera Ismail Khan, KP, Pakistan
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Cite this article

APA

    APA : Khan, F. U., Rehman, K., & Ali, A. (2022). The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth. Global Educational Studies Review, VII(II), 440- 447 . https://doi.org/10.31703/gesr.2022(VII-II).41

CHICAGO

    CHICAGO : Khan, Farhat Ullah, Khalid Rehman, and Ahmad Ali. 2022. "The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth." Global Educational Studies Review, VII (II): 440- 447 doi: 10.31703/gesr.2022(VII-II).41

HARVARD

    HARVARD : KHAN, F. U., REHMAN, K. & ALI, A. 2022. The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth. Global Educational Studies Review, VII, 440- 447 .

MHRA

    MHRA : Khan, Farhat Ullah, Khalid Rehman, and Ahmad Ali. 2022. "The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth." Global Educational Studies Review, VII: 440- 447

MLA

    MLA : Khan, Farhat Ullah, Khalid Rehman, and Ahmad Ali. "The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth." Global Educational Studies Review, VII.II (2022): 440- 447 Print.

OXFORD

    OXFORD : Khan, Farhat Ullah, Rehman, Khalid, and Ali, Ahmad (2022), "The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth", Global Educational Studies Review, VII (II), 440- 447

TURABIAN

    TURABIAN : Khan, Farhat Ullah, Khalid Rehman, and Ahmad Ali. "The nexus of Corporate Social Responsibility and Corporate Financial Performance: Reality or Myth." Global Educational Studies Review VII, no. II (2022): 440- 447 . https://doi.org/10.31703/gesr.2022(VII-II).41