Please use this identifier to cite or link to this item: https://bura.brunel.ac.uk/handle/2438/34098
Title: The effect of CSR on corporate financial performance, considering the role of female representation in the retail industry
Authors: Izadi, Javad
Shetra, Manita K
Foroudi, Pantea
Palazzo, Maria
Keywords: corporate social responsibility (CSR);female representation;financial outcome;financial performance;retail industry
Issue Date: 12-Nov-2024
Publisher: Wiley on behalf of ERP Environment
Citation: Izadi, J. et al. (2025) 'The effect of CSR on corporate financial performance, considering the role of female representation in the retail industry', Corporate Social Responsibility and Environmental Management, 32(2), pp. 1863–1878. doi: 10.1002/csr.3045.
Abstract: The aim of this study is to examine relationships between CSR and corporate financial performance, considering the role of board diversity in retail industry in the UK. The theories examined include Friedman's theory and Stakeholder theory, which have conflicting ideas on whose needs a company should serve. Quantitative methodology is utilized to capture sample data comprising 10 years of financial data. Data were collected on companies listed on the FTSE 100 during 2012–2021 that were operating in the UK retail sector. This study uses regression analysis to test the hypothesis that analyses the relationship between CSR, gender diversity, and financial performance. There is no significant relationship between gender diversity and financial performance. The number of female directors on the board does not impact financial performance, so the regression analysis does not allow us to reject the null hypothesis. Instead, past performance, sales growth, and leverage impact financial performance.
URI: https://bura.brunel.ac.uk/handle/2438/34098
DOI: https://doi.org/10.1002/csr.3045
ISSN: 1535-3958
Appears in Collections:Department of Business Analytics and Marketing Research Papers *

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FullText.pdfCopyright © 2024 ERP Environment and John Wiley & Sons Ltd.. This is the peer reviewed version of the following article: Izadi, J., Kaur Sherta, M., Foroudi, P. and Plazzo, M. (2024) 'The effect of CSR on corporate financial performance, considering the role of female representation in the retail industry', Corporate Social Responsibility and Environmental Management, 32(2), pp. 1863-1878, which has been published in final form at https://doi.org/10.1002/csr.3045. This article may be used for non-commercial purposes in accordance with Wiley Terms and Conditions for Use of Self-Archived Versions. This article may not be enhanced, enriched or otherwise transformed into a derivative work, without express permission from Wiley or by statutory rights under applicable legislation. Copyright notices must not be removed, obscured or modified. The article must be linked to Wiley’s version of record on Wiley Online Library and any embedding, framing or otherwise making available the article or pages thereof by third parties from platforms, services and websites other than Wiley Online Library must be prohibited (see: https://authorservices.wiley.com/author-resources/Journal-Authors/licensing/self-archiving.html).619.15 kBAdobe PDFView/Open


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