Investigating the relationship between CSR and financial performance based on corporate reputation: evidence from Vietnamese enterprises

Autor:	Khuong Ngoc Mai, Khoa Truong An Nguyen, Minh Man Cao
Rok vydání:	2021
Předmět:	Economics and Econometrics business.industry media_common.quotation_subject Real estate Context (language use) Accounting Structuring Service (economics) Respondent Business sector Corporate social responsibility Business Business and International Management Reputation media_common
Zdroj:	Global Business and Economics Review. 24:107
ISSN:	1745-1329 1097-4954
DOI:	10.1504/gber.2021.10035510
Popis:	This study investigates the relationship between corporate social responsibility (CSR) practices and financial performance as mediated by corporate reputation in a developing context. A total of 869 respondent firms from the manufacturing, real estate, trade, and service sectors participated in the research. Factor analysis and structuring equation modelling were used to investigate the direct and indirect effects of the identified factors. The results showed CSR practices positively affect financial performance mediated by corporate reputation. However, CSR practices in the legal, environmental, and philanthropic area have positive effects, while economy-oriented CSR practices do not show any significant effect. As such, firms should invest more in CSR in legal, philanthropic, and environmental areas to improve corporate reputation, which in turn leads to good financial performance.
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_dedup___::3c2ed4faa72b700c0e4b64b8645d2f68 https://doi.org/10.1504/gber.2021.10035510 Zobrazit plný text záznamu