Please use this identifier to cite or link to this item: https://hdl.handle.net/10321/5163
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dc.contributor.authorMaome, Itumelengen_US
dc.contributor.authorZondo, Robert Walter Dumisanien_US
dc.date.accessioned2024-02-29T10:42:00Z-
dc.date.available2024-02-29T10:42:00Z-
dc.date.issued2024-
dc.identifier.citationMaome, I. and Zondo, R.W.D. 2024. The impact of corporate social responsibility on financial performance in a selected medium-sized clothing manufacturing organization in South Africa. African Journal of Inter/Multidisciplinary Studies. 6(1): 1-11. doi:10.51415/ajims.v6i1.1294en_US
dc.identifier.issn2663-4597-
dc.identifier.issn2663-4589 (Online)-
dc.identifier.urihttps://hdl.handle.net/10321/5163-
dc.description.abstractCorporate Social responsibilities (CSR) is an established idea that urges corporations to incorporate environmental and social responsibilities into their operations. It enables businesses to be socially responsible to stakeholders and the public. Small and medium-sized enterprises (SMEs) have received international recognition for their contributions to social and economic development. This study investigates the impact of CSR on financial performance at a medium-sized clothing manufacturing company in the eThekwini District Municipality of KwaZulu Natal, South Africa. The study was designed to be conclusive. It employs a quantitative approach, examining the experiences of an organization that has implemented CSR. The study's objective was met by gathering pre- and post-quarterly data on profitability and production costs. The data was analysed using the Ordinary Least Squares (OLS) model and the Statistical Package for the Social Sciences (SPSS). The findings show that CSR can boost financial performance by minimising business-related risks and compliance expenses, which leads to increased profitability and lower production costs. Any rise in profitability boosts the organization's financial performance, while any drop in production costs improves the company's financial performance. This study identifies the strengths and weaknesses of CSR in relation to financial performance in the selected medium-sized manufacturing business in South Africa.</jats:p>en_US
dc.format.extent11 pen_US
dc.language.isoenen_US
dc.publisherDurban University of Technologyen_US
dc.relation.ispartofAfrican Journal of Inter/Multidisciplinary Studies; Vol. 6, Issue 1en_US
dc.subjectCorporate social responsibilityen_US
dc.subjectFinancial performanceen_US
dc.subjectproduction costsen_US
dc.subjectManufacturing SMEen_US
dc.subjectSouth Africaen_US
dc.titleThe impact of corporate social responsibility on financial performance in a selected medium-sized clothing manufacturing organization in South Africaen_US
dc.typeArticleen_US
dc.date.updated2024-02-22T09:41:03Z-
dc.identifier.doi10.51415/ajims.v6i1.1294-
local.sdgSDG08-
local.sdgSDG12-
item.fulltextWith Fulltext-
item.openairecristypehttp://purl.org/coar/resource_type/c_18cf-
item.languageiso639-1en-
item.openairetypeArticle-
item.grantfulltextopen-
item.cerifentitytypePublications-
Appears in Collections:Research Publications (Management Sciences)
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