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Financial Performance and Social Responsibility: Romanian Scenario

Florinita Duca ()

Ovidius University Annals, Economic Sciences Series, 2011, vol. XI, issue 1, 675-677

Abstract: The form and content of the capitalist world economy is fast evolving and we find capital being increasingly concentrated and centralised as the battle of market competition intensifies. Companies have to keep running just to stay in the same place so intense is the competition. One of the factors that make the critical difference between the companies is the public perception of a business's value systems that are best exhibited by initiatives in discharging its Corporate Social Responsibility (CSR). This study explores and tests the sign of the relationship between corporate social responsibility and financial performance.

Keywords: Corporate social responsibility; financial performance; correlation; companies (search for similar items in EconPapers)
JEL-codes: C10 G34 M14 (search for similar items in EconPapers)
Date: 2011
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Citations: View citations in EconPapers (1)

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