Financial Performance Trends and Corporate Responsibility Incentives in a Group of Support Services in Constanța County, Romania

Kamer Ainur Aivaz
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Kamer Ainur Aivaz: Ovidius University of Constanta, Romania

Economics and Applied Informatics, 2021, issue 1, 52-60

Abstract: The current study enhances the empirical knowledge of the different interdependencies between corporate social responsibility (CSR) mechanisms and corporate financial performance, (CSP) from an interesting group of support services for businesses in Romania. We observe the trends of the financial indicators reported by companies that developed support services for other businesses and explore interesting correlations between the investigated indicators with the PCA analysis. The results point to a strong causality link between CSP and CSR, which encourages further analysis in other operational sectors.

Keywords: Financial performance; Support services; Principal component analysis; Corporate responsibility; Corporate financial performance (search for similar items in EconPapers)
Date: 2021
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Citations: View citations in EconPapers (4)

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Persistent link: https://EconPapers.repec.org/RePEc:ddj:fseeai:y:2021:i:1:p:52-60

DOI: 10.35219/eai15840409167

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