Corporate Social Responsibility Disclosure and Corporate Financial Performance: A Panel Data Analysis

Authors

  • Meriam Amamou Department of Human Resources Management, College of Business, University of Jeddah, Jeddah, Saudi Arabia,.... Department of Management, University of Sousse, Higher Institute of Management, ISG, Tunisia

DOI:

https://doi.org/10.15379/ijmst.v10i2.2907

Keywords:

Corporate Social Responsibility, Corporate Firm performance, French Securities Market

Abstract

This study investigates the relationship between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) and how CSR activities impact a company's financial performance. We used STATA and a panel regression to analyze the data from sixty French-listed firms from 2012 to 2020. The data was obtained from the DataStream website. The results showed that CSR has a positive and significant impact on CFP. Additionally, companies that engage in socially responsible activities positively impact their financial performance. However, size and leverage have a negative impact on a company's financial performance, while market-to-book ratio, economic growth, and age have a positive impact.

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Published

2023-10-26

How to Cite

[1]
M. . Amamou, “Corporate Social Responsibility Disclosure and Corporate Financial Performance: A Panel Data Analysis”, ijmst, vol. 10, no. 2, pp. 2549-2558, Oct. 2023.

Issue

Vol. 10 No. 2 (2023): Continuous publication

Section

Articles

License

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