The causality direction of the corporate social responsibility –corporate financial performance nexus: application of Panel Vector Autoregression approach

• Main Authors: Lin, Woon Leong, Law, Siong Hook, Ho, Jo Ann, Sambasivan, Murali
• Format: Article
• Language: English
• Published: Elsevier 2019
• Online Access: http://psasir.upm.edu.my/id/eprint/82367/1/The%20causality%20direction%20of%20the%20corporate%20social%20responsibility%20%E2%80%93corporate%20financial%20performance%20nexus.pdf; http://psasir.upm.edu.my/id/eprint/82367/; https://www.sciencedirect.com/science/article/abs/pii/S1062940818301840

This study is an attempt to model the bidirectional linkages between corporate social responsibility (CSR) and corporate financial performance (CFP) by using the prospective and retrospective approaches. A panel data set for 100 of the Fortune Most Admired Companies was used to study the relationshi...