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The Relationship between Corporate Social Responsibility and Corporate Financial Performance A Survey of Literature

Author

Listed:
  • FADI ALSHANNAG

    (Faculty of Economic and Muamalat, Universiti Sains Islam Malaysia (USIM), Malaysia)

  • MOHAMAD YAZIS ALI BASAH

    (Faculty of Economic and Muamalat, Universiti Sains Islam Malaysia (USIM), Malaysia)

  • KHAIRIL FAIZAL KHAIRI

    (Faculty of Economic and Muamalat, Universiti Sains Islam Malaysia (USIM), Malaysia)

Abstract

Corporate Social Responsibility (CSR) refers to the policies of corporations to conduct their main activity in a way that is ethical and society friendly. Corporate financial performance (CFP) is an individual measure of how well a company can execute main activities and use items to generate profits over a certain period of time. The relationship between CSR & CFP is not clear, may there be a positive relation, negative, or no relationship between them. This paper is to review the diversified academic views on: 1) definition of CSR; 2) dimensions of CSR; 3) measurement of CSR; 4) the relationship between CSR & CFP.

Suggested Citation

  • Fadi Alshannag & Mohamad Yazis Ali Basah & Khairil Faizal Khairi, 2017. "The Relationship between Corporate Social Responsibility and Corporate Financial Performance A Survey of Literature," International Journal of Business and Administrative Studies, Professor Dr. Bahaudin G. Mujtaba, vol. 3(1), pages 8-14.
    • Handle: RePEc:apa:ijbaas:2017:p:8-14
    DOI: 10.20469/ijbas.3.10002-1
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    References listed on IDEAS

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    Cited by:

    1. Nyoman Indah Kusuma Dewi & I Gusti Agung Bagus Mataram & I Wayan Siwantara, 2017. "Validating a framework of the integration of Corporate Social Responsibility and Culture: The Case of Hotel Industry," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 2(1), pages 31-44.
    2. Burawat Piyachat, 2017. "The relationships among resources’ commitment reverse logistics innovation reverse logistics performance and reverse logistics cost savings: Manufacturing vs service industry," Journal of Administrative and Business Studies, Professor Dr. Usman Raja, vol. 3(3), pages 122-135.
    3. Alexander B. Pahayahay & Nelson R. Asejo & Shirley M. Pangan & Daniel D. Dasig Jr. & Amando S. Panganiban Jr., 2017. "A Concurrent Exploratory Study on Sectoral Engagement Model of anAltruistic Corporate Social Responsibility in Bureau of Jail Managementand Penology," International Journal of Business and Economic Affairs (IJBEA), Sana N. Maswadeh, vol. 2(2), pages 98-105.

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