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Corporate social responsibility and value creation

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  • Niknamian, Sorush

Abstract

Various studies have studied the effect of corporate social responsibility on the performance of organizations. The recent studies in this field specifically have considered the measurement of corporate social responsibility. The present study is aimed to measure the different dimensions of corporate social responsibility and their impact on the performance of firms based on economic value-added and cash value added. Based on the extensive concept of corporate social responsibility, to evaluate each of economic, legal and ethical dimensions, corporate social responsibility based on Carrol theory has applied a new method to quantify this qualitative concept. The statistical sample consists of 104 firms during 2007 to 2016. To test the study hypotheses, multi-variate regression model and pooled data methods are used. It was found that there was a positive and significant relationship between economic, legal and ethical dimensions of corporate social responsibility and value-added. It means that economic value added and cash value added are affected via corporate social responsibility in different dimensions and are increased.

Suggested Citation

  • Niknamian, Sorush, 2019. "Corporate social responsibility and value creation," OSF Preprints bj7xr, Center for Open Science.
    • Handle: RePEc:osf:osfxxx:bj7xr
    DOI: 10.31219/osf.io/bj7xr
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