The Economic Impact of Corporate Social Responsibility

DOI

10.2991/aebmr.k.200127.044How to use a DOI?

Keywords

CSR, firm performance, CSR Investment

Abstract

This study aims to examine the relationship between socially responsible investment and future company performance. Socially responsible investment is carried out with various objectives, depending on the actors and their preferences. Good management theory explains that social investment can build trust, which will ultimately benefit the company. Some researchers have previously investigated the impact of CSR investments on companies, but the results are still inconclusive. Evaluating social investment needs to pay attention to the time lag between the investment and the economic benefits generated. The samples of this study were all companies listed on the Indonesia stock exchange in 2016-2017, except companies from the service, finance, and banking industries. CSR investment was measured by the costs incurred for social responsibility activities. The method used to estimate the parameters of the research model is the lag regression approach. The results showed a significant relationship between CSR investment and the company’s future financial performance.

Copyright

© 2020, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - R. Eriandani
PY  - 2020
DA  - 2020/01/31
TI  - The Economic Impact of Corporate Social Responsibility
BT  - Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
PB  - Atlantis Press
SP  - 214
EP  - 218
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200127.044
DO  - 10.2991/aebmr.k.200127.044
ID  - Eriandani2020
ER  -