University of Twente Student Theses
Impact of corporate social responsibility disclosure on the financial performance of firms in UK
Singh, Shruti (2014) Impact of corporate social responsibility disclosure on the financial performance of firms in UK.
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Abstract: | This piece of work for master thesis investigates the impact of corporate social responsibility (CSR) disclosure on the financial performance of firms in UK. The work is extended to three industries of UK, viz., industry of extraction of crude petroleum and natural gas, industry of mining of metal ores and preparations and industry of manufacture of basic pharmaceutical products and pharmaceutical preparations. For this purpose, we measured corporate social responsibility disclosure in terms of published CSR keywords on the annual reports of the firms over five years ranging from 2008 till 2012. The financial performance of the firms is measured as return on assets (ROA), Tobin’s Q, and total shareholder returns (TSR). A linear regression is then performed on the data to validate the impact of corporate social responsibility disclosure on the financial performance of firms. The results have shown no significant impact of CSR disclosure on the financial performance, both in short-term scenario and long-term scenario for the chosen industries in UK. |
Item Type: | Essay (Master) |
Faculty: | BMS: Behavioural, Management and Social Sciences |
Subject: | 85 business administration, organizational science |
Programme: | Business Administration MSc (60644) |
Link to this item: | https://purl.utwente.nl/essays/65014 |
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