Limitations&

Research Recommended End

No. Journals Hypothesis Research Method Results
Questions Future Note
Research
1. Symbolic or  Test the  H1: The quality This research used The results from This research
Substantive? influence of of the CSR’s a quantitative this research: did not analyze
Analysis of three CSR information method by having -Only for for the the differences
CSR practices on the that issued a 2 variables; practice of using between the
Reporting quality of CSR stand alone independent and external assurance G3.1 and G4
Practices and disclosure CSR reporting control. The services that can version of GRI
the Quality of empirically. tend to be samples are the increase the quality reporting
Disclosure  To determine higher than the companieswhich of the disclosure. framework. In
whether in company that disclose their CSR Whereas the stand- addition, it took
nature the disclosed CSR activities on their alone CSR report a lot of time to
practices are in annual annual report or and the use of GRI collect the data,
substantive report. stand-alone CSR reporting therefore the
enough, which  H2: The quality report during framework did not samples that are
is to improve of the CSR’s 2011-2013 increase the quality being analyzed
the quality of information of disclosure are relatively
disclosure as from a -The use of small. For the
media of company that external assurance next research, it
accountability adopts a GRI services increases is
to stakeholders reporting the quality of CSR recommended
or simply just to framework tend disclosure to increase the
establish a to be higher number of
company’s than the samples and to
positive image company that use cross-
does not adopt. country study
 H3: Companies to know the
that are using effect of
the services country factor
from external on the quality
assurance have
 a higher quality of CSR
of CSR disclosure.
disclosure than
those who does
not use it.
2. “Corporate Analyzing what is H1: Firms face a 1. Data on CSR 1. For the The validity
Social the relationship trade-off between were obtained correlational and
Responsbility between social from Fortunre analysis, there is a appropriateness
and Firm perceptions of responsibility and magazine’s annual concurrent of a measure of
Financial firms’ corporate their financial survey of performance CSR requires
Performance” social performance. corporate where the further
– Jean B. responsibility and H2: The value of a reputations. accounting based examination.
McGuire and measures their firm depends on the 2. Data on measures (ROA) The major
Alison financial cost not only of accounting and of performance are shortcomings
Sundgren, performance explicit claims but stock-market- significantly in current
Thomas also of implicit based measures of correlated with research in
Schneeweis claims (such as firm performance CSR. CSR have been
quality service and and risk were the difficulty of
social obtained from the measuring that
responsibility). COMPUSTAT concept and
H3: A high degree data base. consequent
of CSR may permit 3. For the period of reliance on a
a firm to have analysis; first is to limited set of
relatively low compute the measures. This
financial risk as the average rankings study suggest
result of more for the period that the future
stable relations 1983-1985, second research should
with the is to permit investigate the
stakehilders. analysis of the influence of
relationship prior firm
between CSR and performance
previous and and it may be
subsequent firm more fruitful to
 financial consider
performance, financial
ratings of social performance as
responsibility for a variable
one year which is influencing
1983 is used. social
responsibility
than the
reverse.
3. An Analysis This study This study A survey method This study This study was
of CSR on investigates both investigates the was used to verify analyzed the done in South
Firm Financial strategic and relationship the hypothesis of influence of CSR, Korea,
Performance traditional CSR’s between traditional this study by using R&D, technology therefore it is
in relationships with CSR and strategic a questionnaire commercialization, necessary to
Stakeholder financial CSR by using R&D survey via e-mail and CSR conduct
Perspectives performance based and technology with 212 motivation on research on
on the confidence commercialization participants out of CSR. other emerging
in the effectiveness capacity as a total of 1408 1. Strategic CSR countries so it
of CSR, and also to variables respondents. demonstrated a will results in
explore H1 : CSR is Through positive greater
management positively related to Cronbach’s alpha impact; accouracy in
factors that a firm’s coefficient, it is however, the order to analyze
influence strategic performance found that the hypothesis was the
CSR. H2: R&D capacity respondents rejected due to implications
is positively related answered the a lack of correctly.
to CSR questions significance. Further studies
H3 : Technology consistently. In 2. Traditional are needed to
commercialization addition, this study CSR, the path develop and use
capacity is used SEM to coefficient of persuasive
positively related to understand the organizational strategic CSR
CSR correlation learning for the factors for
H4 : CSR between multiple R&D analyzing the
motivation is independent and influence of the
 positively related to dependent capacity was factors on
CSR. variables. 0.3297(H2–1); social and
R&D intensity was financial
–0.1356 (H2–3); performances.
strategic If research
technology plan of reflects the
technology characteristics
commercialization of various
capacity was industries is
0.3114 (H3–1); advanced, it
external CSR will be able to
motivation was convey a more
0.0241 (H4–3). comprehensive
Therefore,the understanding.
above hypotheses
were considered
effective and
others were
rejected.
4. Impact of The study H1: CSR has The samples of this Five years Data has This study has
corporate investigates significant impact research are taken been collected limitations
social positive on the firm’s from the Pakistani from 15 companies where the scope
responsibility relationship financial listed corporations listed at Karachi of the research
on the firm’s between the CSR performance. in Karachi Stock stock exchange. is only among
financial and Financial H2: CSR has Exchange Correlation is used the listed
performance performance of the significant impact consisting of; to measure the corporations in
firm, and firms on firm’s net profit. financial data, cause and effect Karachi Stock
spending on CSR H3: CSR has earnings, total relationship Exchange,
not only benefits significant impact assets, and CSR between CSR and therefore it
from continuous on firm’s total from the annual FP. In first would creat
long term assets. report. The method measure, corporate much greater
sustainable used for social accuracy if the
development but profitability testing responsibility is future research
also enjoy is the correlation compared with net can expand the
enhanced financial method to find the profit of the area to a
performance cause and affect company which broader area.
relationship shows positive This study
between CSR and relationship indicates CSR
impact on financial between CSR and is now
performance of the net profit. In considered as
firm. Second measure an investment
CSR is compared not as
with total assets of expenditure
the firm which also therefore
shows the positive companies
link between CSR should invest in
and total assets. performing
Thus By these CSR because if
findings, the firms do so they
results show that will get more
there is significant financial
positive benefits than
relationship what invested
between CSR and in CSR. Firms
FP. Results show should spend
that as the on performing
company increased socially
spending on CSR responsible
the financial activities and
performance of the by this
firm enhanced. companies will
protects itself
from
complaints,
objections, and
lawsuits which
occur because
of destroying
atmosphere and
injuring
employees due
to hazardous
operations of
companies.