Relationship of Corporate Social Responsibility on the Financial Performance of Selected Cooperative Organizations
DOI:
https://doi.org/10.65339/ijsis.V1.I4.291Keywords:
Cooperative Organizations, Corporate Social Responsibility, Economic Responsibility, Environmental Responsibility, Financial Performance, Strategic Planning, Sustainable DevelopmentAbstract
This study assessed the financial performance and corporate social responsibility (CSR) of selected cooperative organizations in Makati City, Philippines, to inform a proposed cooperative strategic plan. Using a descriptive research design, the study involved 120 active members from three selected cooperatives. Data were collected through a researcher-made questionnaire and documentary analysis and summarized using frequencies, percentages, and weighted means. Chi-square results were reported for relationships between respondent profiles and financial performance. Overall financial performance was rated above average (M = 4.37), with return on investment receiving the highest assessment (M = 4.41), followed by return on equity (M = 4.37) and net income (M = 4.33). CSR received a favorable overall assessment (M = 4.40). Economic responsibility ranked highest (M = 4.53), whereas environmental responsibility ranked lowest (M = 4.26). Significant relationships emerged between sex and return on investment, capital share and return on investment, sex and return on equity, and age and net income. These findings indicate favorable member perceptions of financial performance and CSR, alongside opportunities to strengthen environmental responsibility. Cooperative administrators should prioritize environmental initiatives, improve investment monitoring, and sustain economic and community-oriented programs. The study was limited to three cooperatives and relied largely on members' questionnaire responses, constraining generalizability and independent assessment of financial outcomes. Supporting Sustainable Development Goals 8 and 12, the findings offer a context-specific foundation for responsible cooperative management, institutional sustainability, and evidence-informed strategic planning. The proposed plan may help cooperative leaders align member welfare, financial stewardship, and environmental priorities with organizational decisions.
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