Relationship between the Voluntary Instrument of CSR in the Textile Industry in the Czech Republic and Financial Performance
Journal Title: Fibres and Textiles in Eastern Europe - Year 2018, Vol 26, Issue 5
Abstract
The paper deals with the relationship between an environmentally friendly approach on the part of companies and financial performance. The paper emphasises that corporate social responsibility is an important issue in the strategic management of companies. The paper examines companies in the textile industry with an environmentally friendly certification in the Czech Republic, and then compares their indicator of profitability with companies in the textile industry without this chosen certification. The Wilcoxon test and t-test are used for the comparison. No statistically significant differences are confirmed. The limitations of the research are also discussed in the article.<br/><br/>
Authors and Affiliations
Josef Krause
Keywords
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- EP ID EP362886
- DOI 10.5604/01.3001.0012.2524
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