IDEAS home Printed from
   My bibliography  Save this article

Corporate social responsibility and financial performance in the Australian context


  • Matthew Brine

    (Treasury, Government of Australia)

  • Rebecca Brown

    (Treasury, Government of Australia)

  • Greg Hackett

    (Treasury, Government of Australia)


The concept of social responsibility of corporations has engendered considerable interest in Australia in recent years. While previous research on the relationship between corporate social responsibility and financial performance has largely been based on international data, this paper examines the relationship between the adoption of corporate social responsibility and the financial performance of companies within Australia. A number of economic drivers for corporate social responsibility have been identified that may explain its voluntary adoption by companies. Our preliminary results revealed no statistically significant relationship between corporate social responsibility and financial performance; however, a number of opportunities for refining the research were identified.

Suggested Citation

  • Matthew Brine & Rebecca Brown & Greg Hackett, 2007. "Corporate social responsibility and financial performance in the Australian context," Economic Roundup, The Treasury, Australian Government, issue 2, pages 47-58, June.
  • Handle: RePEc:tsy:journl:journl_tsy_er_2007_2_1

    Download full text from publisher

    File URL:
    Download Restriction: no


    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.

    Cited by:

    1. repec:nup:jrmdke:v:5:y:2017:i:3:415-437 is not listed on IDEAS
    2. Villafán Vidales Katia Beatriz & Ayala Ortiz Dante Ariel, 2014. "Responsabilidad social de las empresas agrícolas y agroindustriales aguacateras de Uruapan, Michoacán, y sus implicaciones en la competitividad," Contaduría y Administración, Accounting and Management, vol. 59(4), pages 223-251, octubre-d.

    More about this item


    corporate culture; corporate financial performance; Australia; social responsibility;

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • M14 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Business Administration - - - Corporate Culture; Diversity; Social Responsibility


    Access and download statistics


    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:tsy:journl:journl_tsy_er_2007_2_1. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (The Treasury (Commonwealth of Australia)) or (Lisa Gilmore). General contact details of provider: .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.