Abstract
In this research work investigated the impact of corporate social
responsibility on financial performance of cement sector listed firms on
Karachi Stock Exchange (Pakistan). Sample size of fifteen companies
selected on the basis of availability of data of companies. For data
used annual reports during time period of 2008-2014. For analysis
purpose used fixed and random effect models and on the basis of
Hausman test fixed model is best for analysis. From the results it is
concluded that there is positive and significant relationship between
corporate social responsibility and financial performance. This results
support the theoretical relation between corporate social responsibility
and financial performance. Hypotheses of positive and significant
relationship of corporate social responsibility and financial
performance has been supported. This work also support the view of all
those researchers whose empirical evidence found positive and
significant relationship between corporate social responsibility and
financial performance.
Shahid Jan Kakakhel, Muhammad Ilyas, Javed Iqbal, Mustafa Afeef. (2015) Impact of Corporate Social Responsibility on Financial Performance: Evidence from Pakistan's Cement Industry, Abasyn Journal of Social Sciences, Volume-08, Issue-2.
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