Department Chair
Fred Floss, Ph.D., Chair and Professor of Economics
Date of Award
8-2018
Access Control
Open Access
Degree Name
Applied Economics, M.A.
Department
Economics and Finance Department
Advisor
Tae-Hee Jo, Ph.D., Associate Professor of Economics
Department Home page
http://economics.buffalostate.edu/
First Reader
Tae-Hee Jo, Ph.D., Associate Professor of Economics
Second Reader
Curtis Haynes, Jr., Ph.D., Associate Professor of Economics
Third Reader
Victor Kasper, Jr., Ph.D., Associate Professor of Economics
Abstract
This thesis explores the topic of corporate social responsibility (CSR) and the relationship between CSR and corporate profitability. This thesis includes a literature review which traces the history of CSR from 1920s through current theoretical positions. The thesis then examines the relationship between financial gain and CSR as defined by the sustainability parameters set by the Dow Jones Sustainability Index North America. Results from analysis performed show that corporations which practice CSR may benefit from increased stability compared to other index performance criteria, but improved financial performance as measured by stock price is inconclusive.
Recommended Citation
Fides, Elizabeth A., "Corporate Social Responsibility and Financial Performance: An Examination of the Dow Jones Sustainability North American Index" (2018). Applied Economics Theses. 33.
https://digitalcommons.buffalostate.edu/economics_theses/33