Further evidence on the association between corporate social responsibility and financial performance
International Journal of Law and Management
ISSN: 1754-243X
Article publication date: 9 November 2012
Abstract
Purpose
The purpose of this paper is to examine the association between corporate social responsibility (CSR) and financial performance.
Design/methodology/approach
This paper performs an empirical test on the association between CSR and financial performance of a firm.
Findings
The regression analysis reveals a significant and positive association between CSR and financial performance. In addition, it finds that the age of long‐term assets is highly correlated with CSR.
Originality/value
This paper extends Cochran and Wood by using a larger and more recent sample to examine the association between CSR and financial performance of a firm. It contributes to the CSR literature.
Keywords
Citation
Sun, L. (2012), "Further evidence on the association between corporate social responsibility and financial performance", International Journal of Law and Management, Vol. 54 No. 6, pp. 472-484. https://doi.org/10.1108/17542431211281954
Publisher
:Emerald Group Publishing Limited
Copyright © 2012, Emerald Group Publishing Limited