Exploring the Effects of Integrated Corporate Social Responsibility on the Financial Performance of Project-Oriented Organisations

This article embarks on an in-depth exploration of how corporate social responsibility (hereafter: CSR) shapes the financial performance (hereafter: FP) of Project-Oriented Organizations (hereafter: POOs) within Morocco's dynamic construction sector. By adopting a diligent quantitative research method, this research meticulously examined a diverse sample of 250 organizations through advanced correlation and multivariate linear regression techniques. The results illuminate a compelling and noteworthy favourable relationship between CSR initiatives and the FP, indicating that ethical business practices profoundly enhance economic outcomes. By focusing on the distinctive Moroccan landscape, the article sheds light on the remarkable challenges and opportunities faced by POOs, showing an understanding of the financial benefits of CSR. Acknowledging its limitations, the study suggests avenues for future research and perspectives founded on HSDG wisdom. It advocates the HESG framework by integrating a human-centric approach to encourage healthy, equitable and sustainable societal evolution. The study provides actionable recommendations for policymakers, business leaders, and scholars aiming at promoting sustainable economic growth and long-term societal well-being.

Authors

Publication Details

Journal
European Project Management Journal
Published
2024-11-25
DOI
https://doi.org/10.56889/geqf1816
Citations
3
Primary Topic
Construction Project Management and Performance
Type
article
Field-Weighted Citation Impact
1.47
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article

Exploring the Effects of Integrated Corporate Social Responsibility on the Financial Performance of Project-Oriented Organisations

Rajanshu Verma, Vesna Tornjanski, Hind Hammouch
3 citations
European Project Management Journal
Construction Project Management and Performance
1.47
article

Exploring the Effects of Integrated Corporate Social Responsibility on the Financial Performance of Project-Oriented Organisations

Rajanshu Verma, Vesna Tornjanski, Hind Hammouch
article en
3 citations

Abstract

This article embarks on an in-depth exploration of how corporate social responsibility (hereafter: CSR) shapes the financial performance (hereafter: FP) of Project-Oriented Organizations (hereafter: POOs) within Morocco's dynamic construction sector. By adopting a diligent quantitative research method, this research meticulously examined a diverse sample of 250 organizations through advanced correlation and multivariate linear regression techniques. The results illuminate a compelling and noteworthy favourable relationship between CSR initiatives and the FP, indicating that ethical business practices profoundly enhance economic outcomes. By focusing on the distinctive Moroccan landscape, the article sheds light on the remarkable challenges and opportunities faced by POOs, showing an understanding of the financial benefits of CSR. Acknowledging its limitations, the study suggests avenues for future research and perspectives founded on HSDG wisdom. It advocates the HESG framework by integrating a human-centric approach to encourage healthy, equitable and sustainable societal evolution. The study provides actionable recommendations for policymakers, business leaders, and scholars aiming at promoting sustainable economic growth and long-term societal well-being.

European Project Management JournalVol. 14(2)
Openalex Percentile: Top 15%
Construction Project Management and Performance
1.47
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