The current literature analyzing Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) has not shown a definitive correlation. This study attempts to determine whether implementing CSR into a company’s core business policy will show positive, negative, or neutral returns. The model in this study was based on CSR-Hub’s ratings to find any relationship between three different financial measurements: return on assets (ROA), return on equity (ROE), and earnings per share (EPS) through the years 2012-2015. This study uses total employees to control for the size of various companies, a year dummy to control for economic factors within each year, and the company’s beta to control for risk. Based on the results of this study, companies will be able to make an educated decision on whether implementing CSR into its core business policies will be financially beneficial.
