The Relationship between Corporate Social Responsibility and Financial Performance Across Cultures

Bhasin, Surbhi (2009) The Relationship between Corporate Social Responsibility and Financial Performance Across Cultures. [Dissertation (University of Nottingham only)] (Unpublished)

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The research on the relationship between Corporate Social Responsibility (CSR) and

financial performance has been carried out in various geographical locations and various

parameters for defining proxies for CSR and financial performance has been used. But there

were lots of constraints and contingencies due to various proxies used for financial

performance, multi industry analysis and variations and inconsistency in data selection,

methodology (Karake, 1999).

Using data over the time period of four years, this study investigate and examine the link

between corporate social responsibility and financial performance across cultures. The

clusters included in this study are Asia, Europe and UK/US. Two studies are conducted, first

comprise of the single industry study of automobile concerns across the globe based on their

ethical rankings and cover the years 2005-2008.The second study take into account the

differences in the level of CSR across 3 clusters and its link with financial performance in

multi-industry concern. The relationship is analysed by means of empirical techniques using

ANOVA, t-test and regression analysis. The outcomes are that the companies of UK-US

clusters show highest involvement in the CSR activities followed by Europe and then Asia.

A mixed relationship was established between CSR and FP across all the clusters. UK-US

showed highest positive relationship between the CSR and the financial performance. In our

study, it was discovered that with the change of proxies for CSR and FP, the relationship

established also changes.

Item Type: Dissertation (University of Nottingham only)
Depositing User: EP, Services
Date Deposited: 06 Jul 2010 10:16
Last Modified: 25 Sep 2016 06:37

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