Relationship between Corporate Social Performance, Corporate Financial Performance and Financial Risk in Indian Firms

International Journal of Recent Technology and Engineering, Vol.8, Issue. 3S3, 2019

3 Pages Posted: 4 Sep 2020

See all articles by Dhanasekar Dhamotharan

Dhanasekar Dhamotharan

Department of Commerce and Financial Studies, Bharathidasan University

Murugesan Selvam

Department of Commerce and Financial Studies, Bharathidasan University

Amrutha P

Bharathidasan University - Department of Commerce and Financial Studies

Date Written: November 1, 2019

Abstract

This study examines the relationship between Corporate Social Performance and Corporate Financial Performance and Financial Risk of BSE top 10 companies in India. The variables of Corporate Social Performance and Financial Performance and Financial Risk were used in this study. There was positive relationship between Corporate Social Performance, Corporate Financial Performance and Financial Risk, at Bajaj Finance Ltd, Reliance Industries Ltd, Bajaj Auto Ltd, State Bank of India, Hindustan Unilever Ltd, Asian Paints Ltd and Bharathi Airtel Ltd. The novelty of the study is that the analysis of this study focuses on CSP, CFP and Financial Risk in respect of Indian firms.

Keywords: Corporate Social Performance, Corporate Financial Performance, Corporate Social Responsibility and Financial Risk

JEL Classification: M14, G32

Suggested Citation

Dhamotharan, Dhanasekar and Selvam, Murugesan and P, Amrutha, Relationship between Corporate Social Performance, Corporate Financial Performance and Financial Risk in Indian Firms (November 1, 2019). International Journal of Recent Technology and Engineering, Vol.8, Issue. 3S3, 2019, Available at SSRN: https://ssrn.com/abstract=3641641

Dhanasekar Dhamotharan (Contact Author)

Department of Commerce and Financial Studies, Bharathidasan University ( email )

Tiruchirappalli
Tamil Nadu
India

HOME PAGE: http://www.bdu.ac.in/

Murugesan Selvam

Department of Commerce and Financial Studies, Bharathidasan University ( email )

Tiruchirappalli
Tamil Nadu
India

Amrutha P

Bharathidasan University - Department of Commerce and Financial Studies ( email )

Tiruchirappalli, Tamil Nadu 620024
India

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