The Effect of the corporate social responsibility dimensions on the different measures of financial performance: The case of top 50 publicly listed corporate taxpayers in the Philippines

Added Title

The effect of CSR on financial performance

Date of Publication

2011

Document Type

Bachelor's Thesis

Degree Name

Bachelor of Science in Accountancy

College

Ramon V. Del Rosario College of Business

Department/Unit

Accountancy

Thesis Adviser

Fe Violeta G. Baluran

Defense Panel Member

Helen A. Bernados
Marivic V. Manalo

Abstract/Summary

Conventional wisdom suggests that CSR activities help build a company’s reputation. However, literature on the relationship between CSR and financial performance show mixed results partly because of the aggregation of the various CSR activities into one measure. Furthermore, there are no known published studies focusing on Philippine firms regarding this matter. Using data gathered from the financial statements, company websites, and other publications, and using panel regression, we estimate the impacts of the different dimensions of CSR on the different measures of financial performance of the top 50 publicly listed corporate taxpayers in the Philippines for 2009. After performing statistical analysis on all companies, community-, employee-, and consumer-related CSR have a positive impact, while environment-related CSR showed mixed results, and diversity-related CSR has a negative effect on financial performance. These results are the same when we separated the service and non-service firms, except for employee-related CSR which has a negative effect for service industries, and community-and environment-related CSR which are insignificant for non-service firms, respectively.

Abstract Format

html

Language

English

Format

Print

Accession Number

TU15972

Shelf Location

Archives, The Learning Commons, 12F, Henry Sy Sr. Hall

Physical Description

vii, 194 leaves ; 28 cm. + 1 computer optical disc

Keywords

Social responsibility of business; Industries--Social aspects; Financial statements; Business enterprises--Management

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