The Impact of Corporate Social Responsibility on Financial Performance

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.