The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30)
This article aims to establish a clear connection between corporate social responsibility (CSR) and financial performance. Through this research, we aim to conclusively demonstrate how a company's corporate social performance impacts its financial success. Utilizing data from Turkish BIST30 ind...
Saved in:
| Main Authors: | , |
|---|---|
| Format: | Article |
| Language: | English |
| Published: |
Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)
2024-12-01
|
| Series: | Journal of International Trade, Logistics and Law |
| Subjects: | |
| Online Access: | https://www.jital.org/index.php/jital/article/view/506 |
| Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
| _version_ | 1846141493936390144 |
|---|---|
| author | Ahmed Duran Ali Ayben Koy |
| author_facet | Ahmed Duran Ali Ayben Koy |
| author_sort | Ahmed Duran Ali |
| collection | DOAJ |
| description | This article aims to establish a clear connection between corporate social responsibility (CSR) and financial performance. Through this research, we aim to conclusively demonstrate how a company's corporate social performance impacts its financial success. Utilizing data from Turkish BIST30 index companies for the years 2010 to 2022, our findings indicate a negative association between corporate social responsibility disclosure and return on assets, implying a potential trade-off. Furthermore, the existence of CEO duality has got a positive influence on the return on assets. The findings underline the significance of a balanced strategy that considers both social and economic aims. By incorporating social responsibility into their operations, companies may contribute to a more sustainable and inclusive future while still attaining financial success. |
| format | Article |
| id | doaj-art-06e8763671c24b20afec56a20f0dba30 |
| institution | Kabale University |
| issn | 2149-9748 |
| language | English |
| publishDate | 2024-12-01 |
| publisher | Collaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi) |
| record_format | Article |
| series | Journal of International Trade, Logistics and Law |
| spelling | doaj-art-06e8763671c24b20afec56a20f0dba302024-12-04T06:47:40ZengCollaboration (Ömer ÖZKAN, Murat Çemberci, Mustafa Emre Civelek, Nagehan Uca, Okşan Kibritçi)Journal of International Trade, Logistics and Law2149-97482024-12-011025161The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30)Ahmed Duran AliAyben KoyThis article aims to establish a clear connection between corporate social responsibility (CSR) and financial performance. Through this research, we aim to conclusively demonstrate how a company's corporate social performance impacts its financial success. Utilizing data from Turkish BIST30 index companies for the years 2010 to 2022, our findings indicate a negative association between corporate social responsibility disclosure and return on assets, implying a potential trade-off. Furthermore, the existence of CEO duality has got a positive influence on the return on assets. The findings underline the significance of a balanced strategy that considers both social and economic aims. By incorporating social responsibility into their operations, companies may contribute to a more sustainable and inclusive future while still attaining financial success.https://www.jital.org/index.php/jital/article/view/506financial performancecorporate social responsibility (csr)bist30 |
| spellingShingle | Ahmed Duran Ali Ayben Koy The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) Journal of International Trade, Logistics and Law financial performance corporate social responsibility (csr) bist30 |
| title | The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) |
| title_full | The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) |
| title_fullStr | The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) |
| title_full_unstemmed | The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) |
| title_short | The Impact of Corporate Social Responsibility on Financial Performance: A Study on BORSA Istanbul (BIST30) |
| title_sort | impact of corporate social responsibility on financial performance a study on borsa istanbul bist30 |
| topic | financial performance corporate social responsibility (csr) bist30 |
| url | https://www.jital.org/index.php/jital/article/view/506 |
| work_keys_str_mv | AT ahmedduranali theimpactofcorporatesocialresponsibilityonfinancialperformanceastudyonborsaistanbulbist30 AT aybenkoy theimpactofcorporatesocialresponsibilityonfinancialperformanceastudyonborsaistanbulbist30 AT ahmedduranali impactofcorporatesocialresponsibilityonfinancialperformanceastudyonborsaistanbulbist30 AT aybenkoy impactofcorporatesocialresponsibilityonfinancialperformanceastudyonborsaistanbulbist30 |