Date of Award
2020
Document Type
Thesis
Degree Name
Bachelor of Science
Department
Economics
First Advisor
Dr. Timothy Hamilton
Abstract
This project examines the relationship between net margins and measures of corporate social responsibility for the companies in the S&P 500 index. This is conducted through linear regressions of overall, environmental, social, and governance scores on net margin percentages for firms from their annual 10-K reports filed with the Securities and Exchange Commission. The corporate social responsibility measures were taken from Sustainalytics via Yahoo Finance and combined with dummy variables for Global Industry Classification Standard sectors. Results indicate very limited role in corporate social responsibility measures for predicting net margins, instead favoring sector specific variables as driving net margins to a large degree.
Recommended Citation
Kirk, Alexander, "Profitability and Corporate Social Responsibility" (2020). Honors Theses. 1486.
https://scholarship.richmond.edu/honors-theses/1486