Corporate Social Responsibility on Coporate Financial Performance and the role mediating of Corporate Productivity: A Study of Listed Firms in Textile and Apparel Industry Vietnam

Author(s)

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Volume 7 - July 2018 (07)

Abstract

As research within the Corporate Social Responsibility (CSR) literature more consistently establishes a positive relationship between CSR and financial performance, attention is shifting to the ‘business case’ for CSR and examining the mechanisms that underlie this relationship. In this vein, the current study examines the role of productivity in this relationship and builds a case that the influence of CSR on financial performance operates through CSR’s influence on corporate productivity. The hypotheses developed are tested on a sample consisting of 56 firms in textile and apparel industry on the Vietnam Stock Exchange over a two-year period from 2016 to 2017 and findings reveal that productivity fully mediates the CSR/financial performance relationship

Keywords

Corporate social responsibility, financial performance, corporate productivity

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Cite this Article:

Thi Thu Hoai Pham, Corporate Social Responsibility on Coporate Financial Performance and the role mediating of Corporate Productivity: A Study of Listed Firms in Textile and Apparel Industry Vietnam, International Journal of Management Sciences and Business Research 07(2018):39-48 DOI: 10.5281/zenodo.3484415