The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE
The present paper aims at analysing the link between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) in the case of Romanian listed companies. For accomplishing this, we will start from the existing literature and we will use data for period 2007-2015 (panel data) to...
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| Format: | Article |
| Language: | deu |
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Taras Shevchenko National University of Kyiv
1899-12-01
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| Series: | Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка |
| Online Access: | http://bulletin-econom.univ.kiev.ua/wp-content/uploads/2019/03/201_47-53.pdf |
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| _version_ | 1849324813835829248 |
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| author | А. Dornean |
| author_facet | А. Dornean |
| author_sort | А. Dornean |
| collection | DOAJ |
| description | The present paper aims at analysing the link between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) in the case of Romanian listed companies. For accomplishing this, we will start from the existing literature and we will use data for period 2007-2015 (panel data) to which will apply a simple regression model. From the total number of companies listed on Bucharest Stock Exchange (BSE), we selected 59 companies without being excluding from trading and for which financial data were available for the entire period. The results indicated increased financial performance for CSR companies (only 16 of 59 companies have CSR activities) compared with NON-CSR companies. This study has important implications for policy makers, managers, investors, stakeholders, in generally. |
| format | Article |
| id | doaj-art-6e1358e0109e4035a34fef54cdc8ee1d |
| institution | Kabale University |
| issn | 1728-2667 2079-908X |
| language | deu |
| publishDate | 1899-12-01 |
| publisher | Taras Shevchenko National University of Kyiv |
| record_format | Article |
| series | Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка |
| spelling | doaj-art-6e1358e0109e4035a34fef54cdc8ee1d2025-08-20T03:48:36ZdeuTaras Shevchenko National University of KyivВісник Київського національного університету імені Тараса Шевченка. Серія Економіка1728-26672079-908X1899-12-016201475310.17721/1728-2667.2018/201-6/7The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSEА. Dornean0Doctor of Sciences (Finance), Associate Professor, Alexandru Ioan Cuza University, Faculty of Economics and Business Administration, Alexandru Ioan Cuza University of Iasi, Iasi, RomaniaThe present paper aims at analysing the link between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) in the case of Romanian listed companies. For accomplishing this, we will start from the existing literature and we will use data for period 2007-2015 (panel data) to which will apply a simple regression model. From the total number of companies listed on Bucharest Stock Exchange (BSE), we selected 59 companies without being excluding from trading and for which financial data were available for the entire period. The results indicated increased financial performance for CSR companies (only 16 of 59 companies have CSR activities) compared with NON-CSR companies. This study has important implications for policy makers, managers, investors, stakeholders, in generally.http://bulletin-econom.univ.kiev.ua/wp-content/uploads/2019/03/201_47-53.pdf |
| spellingShingle | А. Dornean The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE Вісник Київського національного університету імені Тараса Шевченка. Серія Економіка |
| title | The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE |
| title_full | The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE |
| title_fullStr | The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE |
| title_full_unstemmed | The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE |
| title_short | The Іmpact of Adopting CSR and Corporate Financial Performance. Evidence from BSE |
| title_sort | іmpact of adopting csr and corporate financial performance evidence from bse |
| url | http://bulletin-econom.univ.kiev.ua/wp-content/uploads/2019/03/201_47-53.pdf |
| work_keys_str_mv | AT adornean theímpactofadoptingcsrandcorporatefinancialperformanceevidencefrombse AT adornean ímpactofadoptingcsrandcorporatefinancialperformanceevidencefrombse |