THE IMPACT OF CORPORATE SOCIAL RESPONSIBILITY ON FIRM PERFORMANCE: EVIDENCE FORM A MENA COUNTRY

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Mohamed A. K. Basuony, Reham I. Elseidi ORCID logo, Ehab K. A. Mohamed ORCID logo

DOI:10.22495/cocv12i1c9p1

Abstract

This paper investigates the effect of corporate social responsibility (CSR) on organization performance. It uses cross sectional data from non-financial companies in Egypt that derived from the Kompass Egypt data base. Regression analysis was used to explain the relationship and the effect of CSR on organization financial performance. The findings of this study found that there is a positive and significant effect of CSR on firm performance. Also, all CSR dimensions have significant relationship with firm financial performance. Furthermore, one of the conclusions of this study is that larger and older firms have a positive effect on financial performance (profitability) which will lead to enhance use of better CSR practice.

Keywords: Corporate Social Responsibility, Organization Performance, Egypt, SMEs

How to cite this paper: Basuony, M. A. K., Elseidi, R. I., & Mohamed, E. K. A. (2014). The impact of corporate social responsibility on firm performance: Evidence form a MENA country. Corporate Ownership & Control, 12(1-9), 761-774. http://doi.org/10.22495/cocv12i1c9p1