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The Link Between Corporate Social Responsibility and Financial Performance: A Quantitative Analysis For Companies in Romania

Gabriel Chelariu ()
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Gabriel Chelariu: Alexandru Ioan Cuza University from Iasi, Romania

North Economic Review, 2017, vol. 1, issue 1, 179-185

Abstract: The purpose of this article is to examine the relationship between CSR (Corporate Social Responsibility) and financial performance in companies in Romania. Outside the border, various methods have been explored and many models have been implemented which have demonstrated the link between the two. Conclusions of this analyze come to support the results presented by other authors. The research is based on accounting measures, ROA and ROE analysis the financial performance of companies. Based on the study we can say that between CSR and financial performance is a significant connection.

Keywords: Corporate Social Responsibility; Financial Performance; Return on assets; Return on Equity (search for similar items in EconPapers)
JEL-codes: A10 F02 M14 (search for similar items in EconPapers)
Date: 2017
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Handle: RePEc:clj:noecrw:v:1:y:2017:i:1:p:179-185