DOI: https://doi.org/10.32461/2226-3209.1.2018.178829

INVESTIGATING THE RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE OF CONSTRUCTION, ARCHITECTS AND INDUSTRIAL COMPANIES IN THE MUNICIPALITIES OF MAZANDARAN PROVINCE

Seyed Mojtaba Salehi Amiri, Keyvan Fathi Arate, Zeynab Akbarzadeh Talarposhti, Sara Alizadeh, Metanat Mokhtari Afrakoti, Maryam Lotfi Shirdareh

Abstract


Abstract. The purpose of this research was to investigate the relationship between corporate social responsibility and financial performance of construction, architecture and industrial companies in the municipalities of Mazandaran province. This research is descriptive-correlative method and is of applied research type. The statistical population of the study consisted of all construction, architectural and industrial companies in the municipalities of Mazandaran province during 2013 to 2017, in which 50 companies were studied. The data of the research were extracted from the financial statements of the companies and analyzed using regression models using combination data. The research findings showed
that there is a positive and significant relationship between corporate social capital and asset returns and earnings per share of companies, and there is not a significant relationship between corporate social capitals with equity returns.
Keywords: Social Responsibility, Financial Performance, Returns on Assets, Return on Equity, Earnings per
Share.


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