Corporate Social Responsibility and Financial Performance of some Listed Firms: Evidence from developed and Developing Countries

Ismaila Hassan and Tanko Hassan Alhaji
Additional contact information
Ismaila Hassan: Department of Accounting, Faculty of Management Sciences, Kaduna State University, Kaduna, Nigeria
Tanko Hassan Alhaji: Department of Accounting, Faculty of Management Sciences, Kaduna State University, Kaduna, Nigeria

International Journal of Research and Innovation in Social Science, 2023, vol. 7, issue 6, 1171-1175

Abstract: Effective corporate social responsibility is vital to financial performance of listed firms in developed and developing countries. Corporate social responsibility has been a controversial issue especially in developing countries. The researchers reviewed existing studies on effect of corporate social responsibility on financial performance of some listed firms in developed and developing countries from 1989 to 2022. The studies on corporate social responsibility dimensions reviewed in this study were employees, customers and environment. Most of the findings showed that corporate social responsibility towards employees, customers and environment had a positive significant effect on financial performance. Therefore, the researchers recommend that management of listed firms in both developed and developing countries should take corporate social responsibility towards their employees, customers and environment seriously in order to increase the financial performance of their respective companies.

Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://www.rsisinternational.org/journals/ijriss/ ... ssue-6/1171-1175.pdf (application/pdf)
https://www.rsisinternational.org/journals/ijriss/ ... eveloping-countries/ (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bcp:journl:v:7:y:2023:i:6:p:1171-1175

Access Statistics for this article

International Journal of Research and Innovation in Social Science is currently edited by Dr. Nidhi Malhan

More articles in International Journal of Research and Innovation in Social Science from International Journal of Research and Innovation in Social Science (IJRISS)
Bibliographic data for series maintained by Dr. Pawan Verma ().