Abstract: Purpose: Examine the relationship between Corporate Social Responsibility (CSR) and financial performance in Muscat Stock Exchange in the years 2020-2023.
Hypothesis:
H1: There is a positive linear relationship between a company’s CSR performance and its accounting based financial performance (represented by ROA).
H2: There is a positive linear relationship between a company’s CSR performance and its market based financial evaluation (represented by Tobin’s Q).
H3: Industry moderates the relationship between CSR and financial performance
H4: Firm size moderates the relationship between CSR and financial performance.
Theoretical framework: CSR, Previous research
Methodology: Longitudinal study, Secondary analysis
Conclusion: Hypothesis 1 may be rejected. Hypothesis 2 may be rejected. Hypothesis 3 may be rejected. Hypothesis 4 may be rejected.
Keywords: Corporate Social Responsibility (CSR), financial performance, Muscat Stock Exchange.
Title: Corporate Social Responsibility and its impact on Financial Performance
Author: Dr. Salman Nusrat, Ms. Sujata V
International Journal of Management and Commerce Innovations
ISSN 2348-7585 (Online)
Vol. 12, Issue 1, April 2024 - September 2024
Page No: 46-59
Research Publish Journals
Website: www.researchpublish.com
Published Date: 13-April-2024
