The Relationship Between Corporate Social Responsibility and Financial Performance From the Perspective of Stakeholder Theory

DOI

10.2991/iccese-19.2019.390How to use a DOI?

Keywords

corporate social responsibility; financial performance; stakeholder theory; construction industry

Abstract

The relationship between corporate social responsibility and corporate financial performance has always been a controversial issue. In recent years, more and more scholars believe that better handling the relationship between enterprises and stakeholders and fulfilling corporate social responsibility are crucial to the sustainable development of enterprises. Especially for the construction industry which will result some social issues, the study of the effects of corporate social responsibility on financial performance is more necessary. Based on the analysis of previous literature and stakeholder theory, this paper discusses the internal mechanism of social responsibility and financial performance of listed companies in the construction industry, and concludes that corporate social responsibility is positively correlated with financial performance through empirical analysis.

Copyright

© 2019, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Di Yang
AU  - Juanjuan Wang
PY  - 2019/04
DA  - 2019/04
TI  - The Relationship Between Corporate Social Responsibility and Financial Performance From the Perspective of Stakeholder Theory
BT  - Proceedings of the 3rd International Conference on Culture, Education and Economic Development of Modern Society (ICCESE 2019)
PB  - Atlantis Press
SP  - 1786
EP  - 1791
SN  - 2352-5398
UR  - https://doi.org/10.2991/iccese-19.2019.390
DO  - 10.2991/iccese-19.2019.390
ID  - Yang2019/04
ER  -