The Relationship between Corporate Social Responsibility (CSR) and Financial Performance of Textiles Sector in Bangladesh Especially in Barisal Division

Abstract

The main purpose of this research is to find out the relationship between corporate social responsibility (CSR) and financial performances of textiles sector in Bangladesh especially in Barisal division. A structured questionnaire with 5 point likert scale has been designed to collect the data by conducting survey. A sample of 100 respondents has been selected conveniently from Barisal division in Bangladesh. In this research, different statistical techniques like descriptive statistics, correlation and multiple regressions analysis have been conducted through using SPSS software (16.0 versions) to find the objectives of this research. The study found that CSR dimensions have significant effect on financial performance together. The result of the analysis also revealed that environment and occupational health & safety CSR dimensions have positive & significant impact or relationship on financial performance as well as fair pay and labor rights CSR dimensions have no significant impact or relationship on financial performance.

Keywords: Corporate Social Responsibility (CSR), Occupational Health & Safety, Environment, Financial Performance.