Corporate social responsibility and financial performance: a meta-analysis

Though the concept of corporate social responsibility (CSR) has not changed substantially since it was defined by Carroll (1979) since the beginning of the century, there have been considerable changes in the implementation of CSR practices and their role in corporate strategy as well as in the way in which they have been reported. This, together with the great effort that companies are making to be socially responsible, makes the study of the relationship between CSR and financial performance and that of the possible moderating effect which some variables - the type of CSR activities (according to the Triple Bottom Line), the CSR Reporting, the RF measurement and the spatial scope - may have on it even more interesting. Based on a sample of 86 estimations from articles published since 2000, we will try to see whether there is a relationship between these two variables, and if the proposed moderator variables allow us to achieve a greater knowledge of this.