Impact of Corporate Social Responsibilities on Firm Financial Performance: Evidence from Pakistan

Abstract

This exploration work examined the effect of corporate social duty on economic activity of concrete area recorded firms on KSE (Pakistan). A sample of fifteen organizations picked based on availability of organizations information. Twelve-monthly reports throughout time span from 2008-2014 were utilized for data collection. Corporate social responsibilities are the moral need of business to take after the progressive plans and to take decisions useful for popular sentiment. Our research reached a point where we got to know that hausman testing model is the best fit forth analysis. It is reasoned from the outcomes that there is affirmative and noteworthy connection between csr and financial outcomes. Results uphold the hypothetical connection between csr and economic execution. The supposition of affirmative and major connection of corporate social duties and financial progress needs remained reinforced. These theories likewise favor the work done by those researchers whose experiential confirmation found it to be a positive connection between corporate social responsibilities and financial performance.