Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi
Vol. 2 No. 7 (2024): Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi

THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON THE COMPANY'S FINANCIAL PERFORMANCE

Devi Wulandari, Amalia (Unknown)
Rozzi Rahmawati, Septiana (Unknown)
Hwihanus, Hwihanus (Unknown)



Article Info

Publish Date
23 Jun 2024

Abstract

The underlying premise of this research underscores that Corporate Social Responsibility (CSR) initiatives can yield advantageous outcomes for companies, encompassing legitimacy and favorable societal reception. This study aims to examine the influence of CSR on corporate financial performance, synthesizing findings from investigations in Pakistan, China, Tanzania, Bangladesh, and Taiwan. Consistent findings across these studies affirm a positive correlation between CSR activities and firm performance. Employing Meta Analysis methodology, the study evaluates CSR's impact on financial performance, affirming through theoretical synthesis and empirical evidence a robust positive association between CSR engagement and financial outcomes. The study's specific findings indicate that although CSR's immediate financial impact may be modest, it accrues substantial fiscal benefits over the long term.

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Journal Info

Abbrev

neraca

Publisher

Subject

Economics, Econometrics & Finance

Description

Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi, adalah jurnal nasional peer-review yang diterbitkan oleh Komunitas Menulis dan Meneliti (Kolibi). Neraca: Jurnal Ekonomi, Manajemen dan Akuntansi membahas ekonomi dan bisnis dalam ruang lingkup yang luas. Tim redaksi menyambut baik seluruh masyarakat, ...