Corporate Social Responsibility and its Impact on Company's Financial Performance

etyana ryhorivna ui, National University of Kyiv-Mohyla Academy,

Solomiya Stepanivna Biletska, National University of Kyiv-Mohyla Academy


Author's ORCID identifiers:


Abstract


Corporate social responsibility practical implementation experience in Ukraine is investigated, the main drivers for corporate social responsibility activities are distinguished. The relationship between Ukrainian companies' corporate social and financial performance is evaluated. The main obstacles for socially responsible activities of Ukrainian companies are underlined.


Keywords


corporate social responsibility; corporate financial performance; sustainable development; responsible business

References


Hopolang L. N. (2010) The impact of corporate social responsibility on the corporate financial performance of companies listed on the Johannesburg Securities Exchange. University of Pretoria, 122 p. Retrieved from: http://repository.up.ac.za/dspace/bitstream/handle/2263/25621/dissertation.pdf?sequence=1&isAllowed=y

Smith R. (2011) Defining corporate social responsibility: a systems approach for socially responsible capitalism. University of Pennsylvania, 80 p. Retrieved from: http://repository.upenn.edu/cgi/viewcontent.cgi?article=1009&context=od_theses_mp

Van de Velde E., Vermeir W., Corten F. (2005) Corporate social responsibility and financial. Corporate Governance, Vol. 5, № 3, p. 129–138.


Citations

Cite this article in APA format:

, ., & Biletska, S. (2014). Corporate Social Responsibility and its Impact on Company's Financial Performance. Scientific Papers NaUKMA. Economics, 159, 8-14.

Cite this article in GOST format:

, ., & Biletska, S. Corporate Social Responsibility and its Impact on Company's Financial Performance // Scientific Papers NaUKMA. Economics. - 2014. - Vol. 159. - P. 8-14.

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ISSN: 2519-4747 (online); 2519-4739 (print)