FINANCIAL MANAGEMENT AND CORPORATE SOCIAL RESPONSIBILITY OF COMPANIES

Year 2021, Volume: 3 Issue: 2, 8 - 16, 28.12.2021

Teodora-valentina Lica

Abstract

This paper aims to show how corporate social responsibility has gained importance in the world of economic societies. Case study: Romania. To this end, we will test the relationship between corporate social responsibility (CSR) and financial performance using the return on assets indicator (ROA). The article will focus on the analysis of the policies and projects listed on the web pages of the active companies listed at the Bucharest Stock Exchange (BVB) and that have been involved in corporate social responsibility activities during 2017, 2018 and 2019.

Keywords

Corporate social responsibility, return on assets, financial performance