Corporate Social Practices and Firm Financial Performance: Empirical Evidence from France
نویسندگان
چکیده
The present work aimed to examine the association between Corporate Social performance (CSP) and corporate financial (CFP) taking into account social irresponsibility. Here, we used a sample of French non-financial firms listed on SBF 120 2011 2016. Our findings provided evidence that responsibility (CSR) irresponsibility (CSI) exert opposite effects CFP. Using an estimation vector autoregressive (VAR) model for panel data, showed CSI has greater more lasting impact CFP than CSR.
منابع مشابه
Corporate Social Responsibility and Financial Performance: An Empirical Evidence
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Article history: Received 1 August 2015 Received in revised form 1 December 2015 Accepted 1 February 2016 Available online 17 March 2016 Prior research on the association between corporate social performance (CSP) and corporate financial performance (CFP) includes conflicting perspectives and inconclusive findings as to whether or not CSP has a positive, negative, or neutral associationwith CFP...
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ژورنال
عنوان ژورنال: International Journal of Financial Studies
سال: 2021
ISSN: ['2227-7072']
DOI: https://doi.org/10.3390/ijfs9040054