Please use this identifier to cite or link to this item: https://gnanaganga.inflibnet.ac.in:8443/jspui/handle/123456789/15234
Title: Impact of Corporate Social Responsibility on Financial Performance of Companies
Authors: Beria, Harsh Deepak
Nusrathunissa
Keywords: Corporate Social Responsibility(CSR)
Financial Performance
Companies
Organizations
Issue Date: 2023
Publisher: Alliance School of Business, Alliance University
Series/Report no.: 2021MMBA07ASB180
Abstract: Corporate Social Responsibility(CSR) alludes to the responsibility of organizations to add to sustainable improvements by considering their social, natural, and monetary effects. Lately, there has been a developing acknowledgment that CSR drives can essentially affect the financial performance of organizations. This presentation will give an outline of how CSR practices can impact the financial performance of organizations. First and foremost, CSR drives can upgrade an organization's standing and brand picture. By participating in socially mindful exercises like charity, ecological preservation, and moral strategic approaches, organizations can build trust and credibility among their stakeholders. A positive reputation and superior brand picture can produce increased loyalty from customers, generate higher sales, and a competitive advantage in the marketplace, ultimately improving the financial performance of the company.
URI: http://gnanaganga.inflibnet.ac.in:8080/jspui/handle/123456789/15234
Appears in Collections:Dissertations - Alliance School of Business

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