{"product_id":"interaction-between-csr-and-financial-performance-comparing-the-largest-multinational-fmcg-corporations-in-europe-and-the-usa-von-evgeny-nosenko","title":"Interaction Between CSR and Financial Performance. Comparing the Largest Multinational FMCG Corporations in Europe and the USA","description":"\u003cp\u003eSeminar paper from the year 2014 in the subject Business economics - Business Ethics, Corporate Ethics, grade: 9 out of 10 (max. 10), , course: 3, language: English, abstract: Several research studies have examined corporate social responsibility (CSR) and its effects on business performance, but their results vary widely. \u003c\/p\u003e\u003cp\u003e\u003c\/p\u003e\u003cp\u003eThis paper studies the interaction between social, environmental and short-term financial performance. Using a sample of the 16 largest multinational FMCG companies from the US and Europe covering the period 2005-2012 and employing two different test methods, namely ordinary least squares (OLS) and Granger causation.\u003c\/p\u003e\u003cp\u003eWe demonstrate that while all CSR dimensions have significant financial effects, there has been only one causality link found between employment structure and short-term profitability.\u003c\/p\u003e\u003cdiv class=\"aw-variant-hidden-subtitle-div\" id=\"aw-variant-subtitle-9783656966142\"\u003e\u003ch3\u003e\u003c\/h3\u003e\u003c\/div\u003e","brand":"Libri","offers":[{"title":"Softcover - 9783656966142","offer_id":39433633103965,"sku":"9783656966142","price":17.95,"currency_code":"EUR","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0940\/0622\/files\/ace72b45-ed8b-40b2-a69e-634347e3c904.jpg?v=1778217640","url":"https:\/\/shop.autorenwelt.de\/products\/interaction-between-csr-and-financial-performance-comparing-the-largest-multinational-fmcg-corporations-in-europe-and-the-usa-von-evgeny-nosenko","provider":"Autorenwelt Shop","version":"1.0","type":"link"}