The Role of Environmental and Social Aspects in Corporate Performance

Abstract:

This paper aims at investigating the impact of corporate performance upon the level and extent of corporate social and environmental revelation, with special reference to the case of manufacturing companies in the Czech Republic. Data was tested through statistical methods (Chi-square and Fisher´s exact test). Based on the empirical research (through questionnaire survey) it was found that voluntary environmental instruments (such as LCA, eco-design and environmental reporting) increase sales but at the same time Corporate Social Responsibility is not perceived as the right instrument to improve image of Czech large manufacturing companies.