publication . Article . 2017

Relating corporate social investment with financial performance

Kgabo L. Kobo; Collins C. Ngwakwe;
Open Access English
  • Published: 01 Aug 2017 Journal: Investment Management & Financial Innovations (issn: 1810-4967, eissn: 1812-9358, Copyright policy)
  • Publisher: LLC “Consulting Publishing Company “Business Perspectives”
Abstract
Previous researchers have found conflicting results between CSI and firm financial performance. This paper moves this debate further by examining the extent to which corporate social investment (CSI) relates with corporate financial performance (CFP) from a developing country perspective. The main aim of the paper was to determine the relationship between CSI, stock price, sales turnover and return on equity (ROE) amongst the socially responsible investing (SRI) companies in the Johannesburg Stock Exchange. CSI data on the SRI companies were collected from companies’ integrated reports from 2011 to 2015. Therefore, a cross-sectional panel data arrangement was ap...
Subjects
free text keywords: corporate social investment, financial performance, return on equity, sales turnover, socially responsible investment, stock price, sustainable responsibility, Finance, HG1-9999
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publication . Article . 2017

Relating corporate social investment with financial performance

Kgabo L. Kobo; Collins C. Ngwakwe;