Corporate Social Responsibility and Financial Performance of Oil and Gas Companies

This study analyzes the relationship between corporate social responsibility (CSR) and financial performance of the top ten oil and gas companies listed on the London Stock Exchange. It explores the impact of CSR activities on corporate governance, employee relations, human rights, and product quality. The study uses data from MSCL KLD to identify the 10-year performance of these companies and examines whether CSR programs directly contribute to financial performance in the oil industry. The findings highlight the importance of CSR activities in gaining competitive advantages within the market.

Corporate social responsibility: Does it improve financial performance? A study of the top
then oil and gas companies listed on the London Stock Exchange
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Table of Contents
Searc............................................................................................................................................2
REFERENCES................................................................................................................................3
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INTERNATION
The relationship between corporate financial performance and corporate social responsibility has
been subject to extensive empirical Inquiry. Responsibility always effective strategy that is used
by the businesses to perform better in their business and it help them to grow their business
effectively and they are able to take competitive advantages within the market where they are
operating their business (Wang, and Sarkis., 2017). it is necessary for every organisation to
perform her social responsibility activities so they can help the people in the society and provide
a better well being. It has to create a positive image among the stakeholders an decreasing
overall cost. The social responsibility is become one of the most essential part of the businesses
an it is also important to investors and consumers who seek to investments that are not just
profitable but also contribute in the society and welfare for the environment. If the company is
putting their contribute towards the society an environment then it will create good image of the
company in customers mind and investors mind and investors will invest, customers will buy
product and services from the company and satisfy there needs. Without performing the social
corporate activities company cannot increase their financial profits or gain competitive
advantages no they should always have a strategy toward society and environment.
This report will cover the study of top ten oil and gas companies listed in the London Stock
Exchange and it will explain and discuss on the impact of corporate social responsibility on the
companies financial performances. The module well analyse, corporate social responsibility on
the basis of corporate Governance, employees relations, human rights and product quality. this
study well analyse the CSR activities done by the top ten oil and gas companies listed on the
LSE and explain how CSR activities are helping them too grow in the industry (Mahrani, and
Soewarno., 2018). With the help of MSCL KLD It will identify the 10 years of performance and
data later to the oil companies to identify the information that is useful. It will examine the
relationship between corporate social responsibilities programmes and corporate financial
performance within the oil industry. most specifically the researcher will seek to examine
whether the implementation of corporate social responsibility programmes is directly associated
with increase in financial performance of oil industry and United Kingdom or not. The
relationship between financial performance and social corporate responsibility is changing with
the time hands there is need for recent study that evaluates the phenomenon. the consequently
researcher will identify the questions related to the financial performance and CSR activities by
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the oil industry and it will discuss an interpret the information by using the graphical data Anne
methods of data collections. various studies will be done on the basis of collected data where
participants will give survey and provide a answers of the questions. To make this study
successful researcher will ways use methodological data that will help to provide a better
understanding of the importance of CSR activities and how it can help company to take
competitive advantages within the market where they are operating their business.
CONCLUSION
As per The report has been discussed top ten companies from the oil industry of United Kingdom
and listed on the London Stock Exchange. it is necessary for every organisation to perform her
social responsibility activities so they can help the people in the society and provide a better well
being. It has to create a positive image among the stakeholders an decreasing overall cost. The
social responsibility is become one of the most essential part of the businesses an it is also
important to investors and consumers who seek to investments that are not just profitable but
also contribute in the society and welfare for the environment (Hou., 2019). If the company is
putting their contribute towards the society an environment then it will create good image of the
company in customers mind and investors mind and investors will invest, customers will buy
product and services from the company and satisfy there needs. It has been it explained and
discussion on the impact of corporate social responsibility on the companies financial
performances. The module has been analysed, corporate social responsibility on the basis of
corporate Governance, employees relations, human rights and product quality. this study has
been analyse analysed the CSR activities done by the top ten oil and gas companies listed on the
LSE and explain how CSR activities are helping them too grow in the industry. With the help of
MSCL KLD It has been identified the 10 years of performance and data later to the oil
companies to identify the information that is useful. It has been examined the relationship
between corporate social responsibilities programmes and corporate financial performance
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within the oil industry. most specifically the researcher has been seek to examine whether the
implementation of corporate social responsibility programmes is directly associated with
increase in financial performance of oil industry and United Kingdom or not. The relationship
between financial performance and social corporate responsibility is changing with the time
hands there is need for recent study that evaluates the phenomenon. the consequently researcher
has been identified the questions related to the financial performance and CSR activities by the
oil industry and it has beeb discussed an interpret the information by using the graphical data
Anne methods of data collections. various studies has been done on the basis of collected data
where participants will give survey and provide a answers of the questions. To make this study
successful researcher has been ways use methodological data that has been helping to provide a
better understanding of the importance of CSR activities and how it can help company to take
competitive advantages within the market where they are operating their business.
REFERENCE
Books and Journals
Wang, Z. and Sarkis, J., 2017. Corporate social responsibility governance, outcomes, and
financial performance. Journal of Cleaner Production. 162. pp.1607-1616.
Mahrani, M. and Soewarno, N., 2018. The effect of good corporate governance mechanism and
corporate social responsibility on financial performance with earnings management as mediating
variable. Asian Journal of Accounting Research.
Hou, T C. T., 2019. The relationship between corporate social responsibility and sustainable
financial performance: Firm‐level evidence from Taiwan. Corporate Social Responsibility and
Environmental Management. 26(1). pp.19-28.
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