Profit with purpose: How corporate social responsibility shape financial payoff in Oman manufacturing sector
Keywords:
Financial Performance, Return on Assets, Return on Equity, Earning Per Share, Return on Capital.Abstract
The present study examines the mediating role of financial performance in the relationship between corporate social responsibility (CSR) and firm value (FV) among nine manufacturing companies listed on the Muscat Securities Market (MSM) in Oman. The study employed a quantitative research design, using secondary data collected from 2020 to 2024 to analyse the effect of CSR activities on key efficiency metrics (Return on Assets (ROA), Return on Equity (ROE), Earnings Per Share (EPS), and Return on Capital (ROC). The correlation results between CSR activities and these efficient metrics showed varied relationships across the nine manufacturing firms. The mediation results suggest that CSR activities influence FV through factors other than financial performance.
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