The Economic Impact of Corporate Social Responsibility
Available Online 31 January 2020.
- https://doi.org/10.2991/aebmr.k.200127.044How to use a DOI?
- CSR, firm performance, CSR Investment
- 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.
- 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 -