An Integrated Model to Explain How Corporate Social Responsibility Affects Corporate Financial Performance

Chin-Shien Lin, Ruei-Yuan Chang and Dang Van Thac
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Chin-Shien Lin: Department of Business Administration, National Chung Hsing University, 250 Kuo-Kuang Rd., Taichung 402, Taiwan
Ruei-Yuan Chang: Department of Hospitality Management, Ming Dao University, 250 Kuo-Kuang Rd., Taichung 402, Taiwan
Dang Van Thac: Department of Business Administration, National Chung Hsing University, 250 Kuo-Kuang Rd., Taichung 402, Taiwan

Sustainability, 2015, vol. 7, issue 7, 1-20

Abstract: The effect of corporate social responsibility (CSR) on financial performance has important implications for enterprises, communities, and countries, and the significance of this issue cannot be ignored. Therefore, this paper proposes an integrated model to explain the influence of CSR on financial performance with intellectual capital as a mediator and industry type as a moderator. Empirical results indicate that intellectual capital mediates the relationship between CSR and financial performance, and industry type moderates the direct influence of CSR on financial performance. Such results have critical implications for both academia and practice.

Keywords: corporate social responsibility; intellectual capital; industry types; financial performance; structural equation modeling (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2015
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (46)

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Persistent link: https://EconPapers.repec.org/RePEc:gam:jsusta:v:7:y:2015:i:7:p:8292-8311:d:51817

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