The Relationship between Social Responsibility of Organizations with their Financial Performance (Case Study: Financial Organizations and Institutions of Guilan Province)

Mozaffar Mirbarg Kar, Mir Seyed; Arayesh Shokooh, Seyed Jalil

doi:10.18052/www.scipress.com/ILSHS.57.127

ILSHS > ILSHS Volume 57 > The Relationship between Social Responsibility of...

< Back to Volume

The Relationship between Social Responsibility of Organizations with their Financial Performance (Case Study: Financial Organizations and Institutions of Guilan Province)

Full Text PDF

Abstract:

Subject of social responsibility and its impact on financial performance of organizations and institutions are issues that always taken into consideration in the world of research. In this study, researchers sought to test the relationship between these two variables . Due to this, the main object of the current study was to investigate the relationship between social responsibility and its dimension and financial performance in financial organizations and institutions of Guilan province. Survey method was practical and in terms of data collection was descriptive. The statisyical population include all organizations and financial institutions of Guilan province and samples were selected through census sampling and data collection tool was a standard questionnaire. Testing hypotheses, Pearson's correlation coefficient was used and multiple linear regression and Friedman test was used for further analysis. SPSS statistical software was used to analyze the data. The results showed that there is positive and significant relationship between social responsibility dimensions and financial performance of the organizations and financial institutions Guilan province.

Info:

Periodical:

International Letters of Social and Humanistic Sciences (Volume 57)

Pages:

127-141

DOI:

https://doi.org/10.18052/www.scipress.com/ILSHS.57.127

Citation:

M. S. Mozaffar Mirbarg Kar and S. J. Arayesh Shokooh, "The Relationship between Social Responsibility of Organizations with their Financial Performance (Case Study: Financial Organizations and Institutions of Guilan Province)", International Letters of Social and Humanistic Sciences, Vol. 57, pp. 127-141, 2015

Online since:

August 2015

Authors:

Mir Seyed Mozaffar Mirbarg Kar, Seyed Jalil Arayesh Shokooh

Keywords:

Financial Performance, Organizations and Financial Institutions of Guilan Province, Performance of Institutions, Performance of Organizations, Social Responsibility

Export:

RIS, BibTeX, Text

Distribution:

Open Access

This work is licensed under a
Creative Commons Attribution 4.0 International License

References:

Badavar nahandi Younes, Baradaran hasan zadeh Rasool, Jalalifar, Shila. Investigating relationship between social responsibility and performance of accepted companies in stock exchange of Tehran, Productivity management, 1393, 28, 139-164.

Pourali Mohammadreza, Hajami Mohaddese. Investigating relationship between disclosure of social responsibility and institutional ownership in accepted companies in stock exchange of Tehran, Quarterly scientific research of accounting knowledge management audit, 1393, 3, 10, 135-150.

Heydariyan Behnam(1389). investigating impact of industry structure on social responsibility of company, Thesis of M.A. university of Tabriz.

Senobar Naser, Khalili Majid, Saghafiyan Hamed, Investigating relationship between social responsibility and financial performance of companies, Quarterly scientific research of exploring business management, 1390, 2, 4, 28-52.

Arab salehi Mehdi, Sadeghi Ghazal, Moein oldin Mahmood, relationship between social responsibility and performance of accepted companies stock exchange of Tehran, Psychiatry and Behavioral sciences, 1392, 3, 9, 1-20.

Ghari Raziyeh, social responsibility of organization and necessity of it, Bulletin of social responsibility of organizations (3), 1389, 109-157.

Yazdani Ayoob, (1388), investigating relationship environmental efficacy value and output of assets of accepted companies in stock exchange of Tehran, Thesis of M.A. university of Tabriz.

Ahmed Sarwar Uddin, Islam Md. Zahidul, Hasan Ikramul. Corporate Social Responsibility an Financial Performance Linkage- Evidence from the Banking Sector of Banglasesh, Journal of Organizational Management, 2012, 1, 14- 21.

Chen D N, Liang T-p. Knowledge evolution strategies and organizational.

Fauzi Hasan, Ldris Kamil, The relationship of CRS and financial performance, Journal of management, 2010, 1 , 467-479.

Flammer Caroline, Does Corporate Social Relationship Lead to Superier Financial Performance? MIT Sloan Shool of Management, 2013, 2, 2 , 2 - 22.

Kawal Munaza, Khanam Faarida, Nasereen Shagufla, Hameed Shahid, Impact of Corporate Social Responsibility on the firm's financial Performance", Journal of Business and Management , 2013, 31, 1-10.

Lee, Y.C., Lee, M.L., Yen, T. M., & Huang, T. H" Analasis of fuzzy Decision Making Trial and Evaluation Laboratory on technology acceptance model", Expert Systems with Applications, 2011, 31, 1-10.

Mohr Lois A, Webb Deborah J, The effect of corporate social responsibility and price on consumer responses, Journal of Consumer Affairs, 2005, 39, 1, 121-147.

Pan Xiping, Sha Jinghua, Zhang Hongilang, Relationship between corporate social responsibility anf financial performance in the mineral industry, Sudtainability, 2014, 6, 40774101.

Smy Martin, Odemilin Godwin, Bampton Roberta, Coporate social responsibility: a strategy for sustainable business success. An analysis of 20 selected British companies, Journal of corporate governance, 2010, 10, 2, 203-217.

Sandhu H S, Kapoor Shveta, Corporate social responsibility initiatives: An analysis of voluntry corporate disclosure, South Asian Journal of Management, 2010, 17, 2, 47-80.

Santos-Vijande M. L, Lopez-Sanchez J, respalacio J. How organizational learning affects a firms flexibility, competitive strategy and performance,. Journal of business research 2011, 10, 18-32.

Simpson W. Gary, Kohers Theodor, The link between corporate social and financial performance: evidence from the banking industry, Journal of Business ethics, 2002, 35, 297-109.

Tsoutsoura Margarita, (2004), Corporate social responsibility and financial performanc, University of California at Berkeley, financial project.

Wang Zhining, Wang Nianxin, Liang Huigang, Knowledge sharing, intellectual capital and firm performance, Management Decisions, 2014, 52, 2, 230-258.

Show More Hide

Cited By:

This article has no citations.