Abstract
The determination of the correlation existing between the corporate social performance (CSP) and corporate financial performance (CFP) is an important aspect in ensures capital of investors a series of information necessary to organize their behaviour in the hieht levels. Within the research, the regression econometric model was used with the aim to evaluate the relation between the CSP and CFP of firms in Morocco, using a sample of top 15 most successful Moroccan companies listed on the stock exchanges are included in the Casablanca stock exchange for 2010–2017. We measure corporate social responsibility through both an CSR index (is measured by Labour practices, decent work, Human right, Product responsibility Social profile and Social initiatives) and the financial performance of the business (is measured by return on equity and return on assets). We find a positive and significant relationship between the social performance and financial performance.
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Notes
- 1.
The companies concerned were covering the following six areas: Respect for human rights, valuing human capital, environmental protection, business ethics, the effectiveness and independence of governance, engagement to business development territories.
- 2.
The companies concerned were evaluated on the following five criteria: Gross Profit Margin, Net Profit, Net Profit Margin, Aging Accounts Receivable and Current Ratio.
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Alami, H., El Hajaji, A., Hilal, K., Mokhlis, K. (2021). Social and Financial Performance in Moroccan Companies. In: Melliani, S., Castillo, O. (eds) Recent Advances in Intuitionistic Fuzzy Logic Systems and Mathematics. Studies in Fuzziness and Soft Computing, vol 395. Springer, Cham. https://doi.org/10.1007/978-3-030-53929-0_21
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