Russian companies benefit more financially from corporate social responsibility than Dutch.
The article explores how Corporate Social Responsibility (CSR) reporting affects the financial performance of Russian and Dutch companies. Using stakeholder theory, the study uses regression analysis to examine the relationship between CSR and Return on Equity (ROE). The results show a weak positive link between CSR and ROE, with Russian companies benefiting more from CSR than Dutch companies. This suggests that CSR activities can impact a company's financial performance, providing valuable insights for corporate management when evaluating the benefits of CSR strategies.