Corporate SRI and Financial Performance: A Panel Data Analysis
Felicia Alina Dinu and
Razvan Dobrea ()
Journal of Applied Management and Investments, 2013, vol. 2, issue 3, 168-175
The globalization, the actual business environment’s competition and complexity requires continuous organizational adaptation to the new success generating principles. The social issues and implicitly the sustainability of the realized investments have rapidly become current interests of the organizations that wish to accept the performance and to generate it. But can business meet new social and environmental expectations and also have favorable financial results? In order to highlight the answer of this question, our paper analyzes a panel data model on the top world companies (listed in FORTUNE 500) from 2006 to 2010. The results suggests a direct relation, positive and bidirectional between the value of company’s responsible investments and its achieved financial performance.
Keywords: corporate social responsibility; socially responsible investment (SRI); financial performance; Panel model (search for similar items in EconPapers)
References: Add references at CitEc
Citations View citations in EconPapers (3) Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ods:journl:v:2:y:2013:i:3:p:168-175
Access Statistics for this article
Journal of Applied Management and Investments is currently edited by Anatoliy G. Goncharuk
More articles in Journal of Applied Management and Investments from Department of Business Administration and Corporate Security, International Humanitarian University Contact information at EDIRC.
Bibliographic data for series maintained by Anatoliy G. Goncharuk ().