Correlation between Corporate Social Performance and Corporate Financial Performance: Evidence from Indian Companies

International journal of basic and applied research, Volume 9 (2), 2019

Posted: 11 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

V. Thanikachalam

affiliation not provided to SSRN

Date Written: February 2019

Abstract

This study examines the relationship between Corporate Social Performance and Corporate Financial Performance in Indian firms. This study proposes to examine the various dimensions of relationship between corporate social performance and corporate financial performance in India. The Corporate Social Performance variables such as Employee, Environment, Community, Size and Salary and Wages and variables like ROA, ROE, ROS, ROCE, EPS and Sales for Corporate Financial Performance, were identified and used in the study. It was found from the analysis that there was significant and positive relationship among CSP and CFP sample variables, used in the study.

Keywords: Corporate Social Performance, Corporate Financial Performance

JEL Classification: M14, G3

Suggested Citation

Dhamotharan, Dhanasekar and Selvam, Murugesan and Thanikachalam, V., Correlation between Corporate Social Performance and Corporate Financial Performance: Evidence from Indian Companies (February 2019). International journal of basic and applied research, Volume 9 (2), 2019, Available at SSRN: https://ssrn.com/abstract=3664106

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

V. Thanikachalam

affiliation not provided to SSRN

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