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Corporate Social Responsibility In The Time Of Financial Crisis: Evidence From Turkey

Author

Listed:
  • Yakup Selvi

    (Istanbul University)

  • Eva Wagner

    (Johannes Kepler University)

  • Ahmet Türel

    (Istanbul University)

Abstract

Corporate Social Responsibility (CSR) has been an important global issue all over theworld. Proponents of CSR claim that it has lots of benefits for the company such as goodreputation; on the other hand opponents claim that CSR can not protect a firm from financial harmin times of crisis. The objective of this paper is to conceptually examine the CSR, benefits ofimplementing CSR, and CSR activities in the time of financial crisis. In addition, a research wasconducted to explore the impact of CSR on company reputation in Turkey by comparing therelationship between our CSR and reputation measures before and after the financial crisis. Theevidence gathered shows that there is a positive and significant relationship between these twovariables in both before financial crisis era and financial crisis era. However, the correlationbetween these two variables has not increased significantly between the two periods investigated.

Suggested Citation

  • Yakup Selvi & Eva Wagner & Ahmet Türel, 2010. "Corporate Social Responsibility In The Time Of Financial Crisis: Evidence From Turkey," Annales Universitatis Apulensis Series Oeconomica, Faculty of Sciences, "1 Decembrie 1918" University, Alba Iulia, vol. 1(12), pages 1-28.
  • Handle: RePEc:alu:journl:v:1:y:2010:i:12:p:28
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    File URL: http://oeconomica.uab.ro/upload/lucrari/1220101/28.pdf
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    References listed on IDEAS

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    1. Tiron Tudor Adriana, 2010. "Disclosure Practices Concerning Consolidated Financial Statemens Of Romanians Groups Of Entites," Annals of Faculty of Economics, University of Oradea, Faculty of Economics, vol. 1(1), pages 601-606, July.
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    Cited by:

    1. repec:eee:spacre:v:17:y:2014:i:2:p:153-162 is not listed on IDEAS
    2. repec:ehu:cuader:21772 is not listed on IDEAS

    More about this item

    Keywords

    Corporate Social Responsibility (CSR); Reputation; Financial Crisis;

    JEL classification:

    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility

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