The Relationship Between Corporate Social Responsibility and Corporate Financial Performance in Korea

@inproceedings{Oh2015TheRB,
  title={The Relationship Between Corporate Social Responsibility and Corporate Financial Performance in Korea},
  author={Wankeun Oh and Seung Ho Park},
  year={2015}
}
This study examines the relationships between corporate social responsibility (CSR) and corporate financial performance (CFP) for the period 2004–2010 in Korea. This study performs difference generalized method of moments (GMM) estimation on a dynamic panel model. The results for the entire industry show CSR has a positive effect on CFP in Korea, and the stakeholder theory seems valid. Industry analysis shows different results by each industry’s characteristics. The results also reveal the… CONTINUE READING