Corporate Social Responsibility and Financial Performance of Oil and Gas Companies

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
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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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