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Financial Performance Trends and Corporate Responsibility Incentives in a Group of Support Services in Constanța County, Romania

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  • Kamer Ainur AIVAZ

    (Ovidius University of Constanta, Romania)

Abstract

The current study enhances the empirical knowledge of the different interdependencies between corporate social responsibility (CSR) mechanisms and corporate financial performance, (CSP) from an interesting group of support services for businesses in Romania. We observe the trends of the financial indicators reported by companies that developed support services for other businesses and explore interesting correlations between the investigated indicators with the PCA analysis. The results point to a strong causality link between CSP and CSR, which encourages further analysis in other operational sectors.

Suggested Citation

  • Kamer Ainur AIVAZ, 2021. "Financial Performance Trends and Corporate Responsibility Incentives in a Group of Support Services in Constanța County, Romania," Economics and Applied Informatics, "Dunarea de Jos" University of Galati, Faculty of Economics and Business Administration, issue 1, pages 52-60.
    • Handle: RePEc:ddj:fseeai:y:2021:i:1:p:52-60
    DOI: 10.35219/eai15840409167
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    References listed on IDEAS

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    6. Ionela Munteanu, 2020. "An Overview of the Business Approach and Labor Costs in the Construction Industry. Case Study: Romania’s Counties by the Sea," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(2), pages 971-977, December.
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    Cited by:

    1. Anca Cristina Stanciu & Irena Niculita, 2023. "Social Responsibility in Retail Trade," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 239-244, August.
    2. OGREAN Claudia & HERCIU Mihaela, 2022. "Sustainability Performance And Reporting – A Strategic Issue For Electric Car Automakers," Studies in Business and Economics, Lucian Blaga University of Sibiu, Faculty of Economic Sciences, vol. 17(3), pages 288-305, December.
    3. Mari-Isabella Stan & Dragos-Florian Vintila, 2021. "An Investigation of the Structure of Fixed Assets of Construction Companies in the Context of Coastal Area Development," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 171-178, August.
    4. Mari-Isabella Stan & Dragos-Florian Vintila, 2021. "Can the Degree of Indebtedness of the Economic Agents Operating in the Construction Sector in Constanta County Influence the Development of the Coastal Area ?," Ovidius University Annals, Economic Sciences Series, Ovidius University of Constantza, Faculty of Economic Sciences, vol. 0(1), pages 163-170, August.

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