Proceedings of the 17 th International Symposium on Management (INSYMA 2020)

The Economic Impact of Corporate Social Responsibility

Authors
R. Eriandani
Corresponding Author
R. Eriandani
Available Online 31 January 2020.
DOI
https://doi.org/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.
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Volume Title
Proceedings of the 17 th International Symposium on Management (INSYMA 2020)
Series
Advances in Economics, Business and Management Research
Publication Date
31 January 2020
ISBN
978-94-6252-892-5
ISSN
2352-5428
DOI
https://doi.org/10.2991/aebmr.k.200127.044How to use a DOI?
Open Access
This is an open access article distributed under the CC BY-NC license.

Cite this article

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  - https://doi.org/10.2991/aebmr.k.200127.044
ID  - Eriandani2020
ER  -