Peer-Reviewed Article December 31, 2014
Corporate social responsibility and financial performance
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Published in: African J of Accounting Auditing and Finance
Publisher: Inderscience Publishers • South Africa • 2046-8083 • 2046-8091
Abstract
This article will support on the econometrics of panel data to analyse the influence of corporate social responsibility (CSR) on the financial performance measured by several indicators. From a sample of 20 firms listed on the stock exchange of Casablanca between 2007 and 2010. Our research found a negative and significant impact of the CSR on financial performance. The negative influence is important in large companies, which means it is a mediating factor.