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IOSR Journal of Business and Management (IOSR-JBM) e-ISSN: 2278-487X, p-ISSN: 2319-7668. Volume 14, Issue 5 (Nov. - Dec. 2013), PP 67-74 67 | Page Impact of corporate social responsibility on the firm s financial performance Kanwal, Khanam, Nasreen, Hameed Department of management sciences Islamia University Bahawalpur, Pakistan Abstract: The concept of the corporate social responsibility of organizations has a significant interest in Pakistan over the last decade. While international data shows significant relationship between CSR and FP of the firms. This paper tries to explore the relationship between CSR &FP by taking the data from15 companies listed on Karachi stock exchange, using correlation analysis which is used to find the cause and effect of the relationship. CSR is the foundation to understand the responsibilities of organization towards the society where the organization executes their activities.
Impact of corporate social responsibility on the firm’s financial performance www.iosrjournals.org 68 | Page
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