An Investigation of the Relationship between Corporate Social Responsibility and Profitability Measure of Food and Beverage Company’s Ratio Accepted in Iran Stock Exchange
Journal Title: Scholars Journal of Arts, Humanities and Social Sciences - Year 2015, Vol 3, Issue 4
Abstract
Many experts believe that regardless of short term social responsibility, taking into account of the social responsibilities in the long run by company could have financial interests. Accordingly, the aim of this study was to investigate the relationship between social responsibility and profitability of Food and Beverage companies accepted in Iran stock exchange. To achieve the research goal, six hypotheses have been proposed. To collect the necessary data on the financial performance, Exchange databases, and to collect social responsibility data of researcher’s questionnaire were used. The validity of the questionnaire was calculated with face validity and its reliability was calculated using Cronbach's alpha coefficient. For data analysis Kolmogorov - Smirnov and regression tests were used. Previous studies show that social responsibility of firms is positively related to company‘s profit-making ratios.
Authors and Affiliations
Saeed Anvar-Khatibi, Ebrahim Esmaeili
Keywords
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