Research on the Relationship Between CSR and Financial Performance from the Stakeholder Perspective----Taking the Listed Corporate in Henan Province as an Example
Abstract
With the development of economic, CSR has aroused more heated discussion about whether corporate should pursue short-term benefit maximization or actively undertake social responsibilities to all stakeholders to pursue long-term value maximization. Through the analysis of 357 sets of data of CSR and financial performance of listed corporate in Henan Province, it is concluded that financial performance is positively related to CSR.There is a promoting conclusion that corporate social responsibility can not only benefit stakeholders, but also benefit their own financial performance.
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DOI: http://dx.doi.org/10.18686/mmf.v6i7.6359
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