DUAL INVESTIGATION OF THE RELATIONSHIP BETWEEN CORPORATE SOCIAL RESPONSIBILITIES AND FINANCIAL PERFORMANCES OF ENTERPRISES

The purpose of this study is to examine the relationship between corporate social responsibilities and financial performances of businesses in dually. Does the social performance of the enterprises affect the financial performance or the financial performance affects the social performance? In addition, the answer to questions such as what is the direction of interaction is sought. In the study, the social performance of the enterprises was measured by the scores of the 2016 Global Reporting Initiative (GRI) sustainability reports. Return On Equity (ROE) was used to measure financial performance. Also in the model, total asset is used to represent the size (control variable) of the firm. As a result of the multi-linear regression analysis, no relationship is found between corporate social responsibility and business performance