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Financial Performance and Social Responsibility: Romanian Scenario

Author

Listed:
  • Duca Florinita

    (Academy of Economic Studies, Bucharest)

Abstract

The form and content of the capitalist world economy is fast evolving and we find capital being increasingly concentrated and centralised as the battle of market competition intensifies. Companies have to keep running just to stay in the same place so intense is the competition. One of the factors that make the critical difference between the companies is the public perception of a business's value systems that are best exhibited by initiatives in discharging its Corporate Social Responsibility (CSR). This study explores and tests the sign of the relationship between corporate social responsibility and financial performance.

Suggested Citation

  • Duca Florinita, 2011. "Financial Performance and Social Responsibility: Romanian Scenario," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 675-677, May.
    • Handle: RePEc:ovi:oviste:v:11:y:2011:i:1:p:675-677
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    File URL: http://stec.univ-ovidius.ro/html/anale/RO/cuprins%20rezumate/rezumate2011p1.pdf
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    Citations

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    Cited by:

    1. Georgeta VINTILA, 2013. "A Study of the Relationship between Corporate Social Responsibility - Financial Performance - Firm Size," Romanian Statistical Review Supplement, Romanian Statistical Review, vol. 61(1), pages 62-67, March.

    More about this item

    Keywords

    Corporate social responsibility; financial performance; correlation; companies;
    All these keywords.

    JEL classification:

    • C10 - Mathematical and Quantitative Methods - - Econometric and Statistical Methods and Methodology: General - - - General
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility
    • G34 - Financial Economics - - Corporate Finance and Governance - - - Mergers; Acquisitions; Restructuring; Corporate Governance

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