Economics, Econometrics and Finance
3 years ago

Metallurgical Industry Boosts Financial Performance Through Corporate Social Responsibility

WSEAS TRANSACTIONS ON ENVIRONMENT AND DEVELOPMENT
Corporate Social Responsibility Impact on Financial Performance: a Case for the Metallurgical Industry
Aleksey Mints, Evelina Kamyshnykova, Dmytro Zherlitsyn, Katerina Bukrina, Anna Bessonova

Paper Summary

The article examines how corporate social responsibility impacts the financial performance of metallurgical companies. By analyzing data from a balanced scorecard, the study found a strong link between positive social responsibility practices and improved financial outcomes. Specifically, investing in a good company image can lead to better financial results for metallurgical companies.

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