Abasyn Journal of Social Sciences. Vol.8 No.1

Understanding the relationship between Firm’s Corporate Social Responsibility and Financial Performance: Empirical Analysis

Alam Rehman, Qadar Bakhsh Baloch, Sonia Sethi

1 National University of Modern Languages, Peshawar Campus
2 National University of Modern Languages, Peshawar Campus
3 Islamia College University


The research article explores nature of relationship between the firm’s financial performance and its corporate social responsibility (CSR) of the Cement sector firms’ listed on Karachi Stock Exchange. Panel data of 15 firms listed on KSE for the period of 2006 to 2012 was collected and analyzed by applying statistical tools like correlation and generalized least square Random effect regression. The research finds positive relationship between the financial performance and CSR of the firms studied under this research
Keywords: CSR, Financial performance, panel data, cement sector, KSE




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