The Influence of Corporate Social Responsibility on Financial Performance: The Case of IKEA

Abstract

This study analyzed the impacts of corporate social responsibility (CSR) represented by four different dimensions: eco, gender, turbines, and program-tack on financial performance measured by net income. For achieving this aim, we apply cointegration methodology using the ARDL method. Data was collected from the financial statements of IKEA published online on the official IKEA website from 2009 to 2019. The results indicate that there is a significant positive impact of both turbines and program-tack on net income, while there is a negative impact of gender on net income.