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Medientyp:
E-Book
Titel:
Long-term Benefits Realisation of Corporate Social Responsibility on the Profitability of Firms’
:
An Empirical Study on Selected Asian Companies
Anmerkungen:
In: RAY: International Journal of Multidisciplinary Studies, Volume VI, No. I, April, 2021, pp. 46-65
Nach Informationen von SSRN wurde die ursprüngliche Fassung des Dokuments 2021 erstellt
Beschreibung:
Purpose: The purpose of the study is to explore, whether or not CSR’s benefits can be realized in long-term and whether or not the CSR practices help to increase life-span of a company? Design /Methodology / Approach: As a sample, 366 companies have been selected from India, China, Japan and South Korea. Reports from the year 2008- 09 to 20017-18 are explored and analysis are made through correlation, multiple regression and distributed lag method. Findings: Result shows that CSR has positive impact on the profitability of firm in long-term and positive significant impact of CSR on profit is better realized in distance years than in current year. Originality / Value: CSR practices have long-term benefits on the firm’s profitability and practicing CSR in better way can support the companies to exist for longer-period. Implication: These outcomes will be useful to encourage emerging companies in the developing country context to achieve corporate and sustainability objectives