Warning: Use of undefined constant referer - assumed 'referer' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 102

Warning: Use of undefined constant host - assumed 'host' (this will throw an Error in a future version of PHP) in /usr/home/essaywo/public_html/essays on line 105

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 106

Warning: Cannot modify header information - headers already sent by (output started at /usr/home/essaywo/public_html/essays:102) in /usr/home/essaywo/public_html/essays on line 109
Impact of Corporate Social Responsibility Toward Firm Value and Profitability - Online Essay

Impact of Corporate Social Responsibility Toward Firm Value and Profitability

Financial Report #1

Article Title: "Impact of Corporate Social Responsibility Toward Firm Value and Profitability"

Source: The Business Review, Cambridge

Date published: Summer 2012

This article investigates the relationship between corporate social responsibility(CSR) and firm value/profitability. In the first half of the article, the current definitions and theories regarding CSR are discussed, which I will summarize in the following paragraphs and lay out the key points. I will conclude with how this article relates to financial management.
CSR is necessary for a company to have long-run success. What is meant by this is that a company needs to pay attention to the ...

Want to read the rest of this paper?
Join Essayworld today to view this entire essay
and over 50,000 other term papers

corporations, on the environment for example, has reinforced this expectation. The stakeholders that corporations contribute to as part of CSR include those stakeholders that fall under the "Three P's": customers, employees, investors, suppliers, government, and competitors. The "Three P" concept was introduced in 2009 with the goal of corporations contributing to the welfare of society, ensuring the sustainability of the environment, and making a profit all at the same time.
There have been several studies that show that there is a strong positive relationship between CSR and either firm value or profitability. But there has also been other research that suggests that that relationship is either very weak or not even existent at all. The article then discusses a study that was done on 30 corporations with data being collected from 2007 to 2009. This study concludes that there is no significant relationship between CSR and profitability nor CSR and firm value.
I was ...

Get instant access to over 50,000 essays.
Write better papers. Get better grades.


Already a member? Login


CITE THIS PAGE:

Impact of Corporate Social Responsibility Toward Firm Value and Profitability. (2013, April 3). Retrieved July 15, 2024, from http://www.essayworld.com/essays/Impact-Corporate-Social-Responsibility-Toward-Firm/102494
"Impact of Corporate Social Responsibility Toward Firm Value and Profitability." Essayworld.com. Essayworld.com, 3 Apr. 2013. Web. 15 Jul. 2024. <http://www.essayworld.com/essays/Impact-Corporate-Social-Responsibility-Toward-Firm/102494>
"Impact of Corporate Social Responsibility Toward Firm Value and Profitability." Essayworld.com. April 3, 2013. Accessed July 15, 2024. http://www.essayworld.com/essays/Impact-Corporate-Social-Responsibility-Toward-Firm/102494.
"Impact of Corporate Social Responsibility Toward Firm Value and Profitability." Essayworld.com. April 3, 2013. Accessed July 15, 2024. http://www.essayworld.com/essays/Impact-Corporate-Social-Responsibility-Toward-Firm/102494.
JOIN NOW
Join today and get instant access to this and 50,000+ other essays


PAPER DETAILS
Added: 4/3/2013 05:03:30 PM
Submitted By: mandylucas0000
Category: Business
Type: Premium Paper
Words: 662
Pages: 3

Save | Report

SHARE THIS PAPER

SAVED ESSAYS
Save and find your favorite essays easier

SIMILAR ESSAYS
Remembering The Depression
Carpe Diem Dead Poet Society
Macbeth: The Three Witches
Roll Of Thunder, Hear My Cry
A Critical Essay On Sir Thomas
Camp David Accord
Airbags - Pop Em' Or Keep Em'
An Act of Vengence
The Wierd Sisters In Macbeth
Ethan Frome Character Flaws
Copyright | Cancel | Contact Us

Copyright © 2024 Essayworld. All rights reserved