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Green HRM and CSR as Antecedents of Organisation Financial Growth

Author

Listed:
  • Becea Lavinia-Mihaela

    (Babeș-Bolyai University, Romania)

  • Osoian Codruta

    (Babeș-Bolyai University, Romania)

Abstract

This paper aims to examine the impact of green HRM and corporate social responsibility on financial performance growth, measured by profit, revenue, ROA, and ROE growth. To test the hypotheses, we employed ordinary least squares (OLS) regression analysis. The findings revealed that green HRM is a significant predictor of growth indicators, including profit, ROA, and ROE. Furthermore, contrary to our expectations, the implementation of CSR practices negatively impacts the firm’s potential for economic growth. The empirical evidence shows that CSR is positively associated only with revenue growth. This study contributes to the literature by examining the debated impact of green HRM and CSR on financial performance growth while also offering valuable insights for practitioners and policymakers.

Suggested Citation

  • Becea Lavinia-Mihaela & Osoian Codruta, 2025. "Green HRM and CSR as Antecedents of Organisation Financial Growth," Studia Universitatis Babeș-Bolyai Oeconomica, Sciendo, vol. 70(1), pages 33-50.
    • Handle: RePEc:vrs:subboe:v:70:y:2025:i:1:p:33-50:n:1002
    DOI: 10.2478/subboec-2025-0002
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    More about this item

    Keywords

    HRM; Green HRM; Corporate social responsibility; Performance growth; OLS;
    All these keywords.

    JEL classification:

    • M42 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Auditing
    • O15 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development - - - Economic Development: Human Resources; Human Development; Income Distribution; Migration
    • J81 - Labor and Demographic Economics - - Labor Standards - - - Working Conditions
    • Q56 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics - - - Environment and Development; Environment and Trade; Sustainability; Environmental Accounts and Accounting; Environmental Equity; Population Growth

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