The Impact of Corporate Social Responsibility on Financial Performance

Setiawan, Roy and Cavaliere, Luigi Pio Leanardo and Marei, Ahmad and Daoud, Luay and Haleem, Athambawa and Laskar, Nazmul Hussain and Raisal, Ismail (2020) The Impact of Corporate Social Responsibility on Financial Performance. [UNSPECIFIED]

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Abstract

While it is a challenge to quantify its effect, corporate social responsibility (CSR) activities have dramatically evolved as a value-building business practice. The measuring challenge is, in part, explained by the unclear and variable meaning of the CSR principle. Despite thorough work on this issue, strong supporters and opponents are still firmly committed to CSR (ibid.). Some schools claim CSR involvement constitutes a misuse of money. In contrast, other schools suggest that businesses have responsibilities towards a greater range of participants and can also carry on social accountability. They also claim they utilize business assets for creating value, mainly towards shareholders. Valuable kits did stratification for a minimum of 10 percent of employees in all Lebanese retail divisions. Each stratum 10% of the overall number of workers analyzed participates. The final respondents have been selected randomly by stratum. Such services are chosen as they are grouped under many judicial branches, with all judicial authorities. This researchs practical implications outline the nature of the CSRfinancial performance relationship between Lebanese companies during 2006-2009. In the light of Lebanese businesses publicly traded, this information may allow additional companies and practitioners to understand the CSR and financial performance.

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