Impact Of Corporate Social Responsibility on Firm Profitability (A Study of Oil Marketing Companies)

Abstract

The major purpose of this study is to identify the impact of corporate social responsibility CSR on the firm profitability of oil marketing companies. Furthermore, to get an idea that which variables and processes of CSR are more important for the oil and petroleum companies to enhance firm profitability. Design/methodology/approach There are so many variables the supply chain explains the literature. Moreover, the importance of each factor is also defined for this study. The quantitative research approach used for this study and collect information with the help of questionnaire design. The questionnaire has been divided into 6 sections. A total of 150 responses was contacted. Analyzing has been done with the statistical methods through SPSS software. Tables and their analysis were used in descriptive analysis and the regression method has been used in inferential analysis so that hypothesis can be tested easily. These methods have been selected to know more about the topic in detail and according to the nature of the topic. Findings The general findings from this research are to examine the Impact of Corporate Social Responsibility on Firm profitability (A study of oil marketing companies). Practical Implications- The outcome of this journal can be helpful for oil companies. It elaborates which factors improve the firm profitability with CSR.