Predictive Modeling of Corporate Social Responsibility’s Impact on Financial Performance in U.S. Oil and Gas Firms

DOI

10.2991/978-94-6463-801-1_2How to use a DOI?

Keywords

CSR; financial performance; and revenue growth

Abstract

This research develops and evaluates predictive models to assess how corporate social responsibility (CSR) expenditures influence the financial performance of oil and gas firms in the United States. Although maximizing shareholder wealth remains a primary goal, it frequently conflicts with the interests of other stakeholders. As a result, incorporating CSR principles into corporate strategies has become increasingly important. Using pooled regression models, this study builds and tests five predictive models to identify the most effective in forecasting financial outcomes linked to CSR initiatives. The research analyzes panel data from the top 100 oil and gas firms listed in the S&P 500 between 2018 and 2022. The models predict key financial indicators, including revenue growth, profitability, return on assets (ROA), return on equity (ROE), and Tobin’s Q. Preliminary findings indicate that some models accurately forecast firm value in relation to CSR investments, while the effects of CSR on ROE, ROA, profitability, and revenue growth remain inconclusive. This study contributes to the broader discussion on CSR’s strategic importance by utilizing predictive modeling to evaluate its financial implications.

Copyright

© 2025 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - Nguyen Tan Dat
AU  - Co Van Chien
AU  - Nguyen Minh Hang
PY  - 2025
DA  - 2025/07/31
TI  - Predictive Modeling of Corporate Social Responsibility’s Impact on Financial Performance in U.S. Oil and Gas Firms
BT  - Proceedings of the 9th Terengganu International Business and Economics Conference 2025 (TiBEC IX 2025)
PB  - Atlantis Press
SP  - 4
EP  - 24
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-801-1_2
DO  - 10.2991/978-94-6463-801-1_2
ID  - Dat2025
ER  -