Responsabilidad social corporativa y sostenibilidad financiera en la industria del cemento en México

• Main Authors: Felipe Abelardo Pérez Sosa, Graciela Lara Gómez, Alfredo Tercero Gómez Bobadilla
• Format: Article
• Language: Spanish
• Published: Universidad Michoacana de San Nicolás de Hidalgo 2014-06-01
• Series: Revista Cimexus
• Subjects: Desempeño financiero; Industria cementera; México; Responsabilidad social corporativa; Sostenibilidad
• Online Access: http://cimexus.umich.mx/index.php/cim1/article/view/178/148

The aim of this work was to determine if the adoption of Corporate Social Responsibility (CSR) has any impact on the financial sustainability of Mexican cement companies, which was evaluated with the Weighted Average Cost of Capital (WACC) and the Earnings Before Interests, Taxes, Depreciations and Amortizations (EBITDA). Among the analyzed companies, the one with better results in the CSR accomplishment was also the company with a stronger financial sustainability, that is, that had greater reductions in its financial cost and higher improvements in its EBITDA. Therefore, is accepted the hypothesis that states that the companies engaged with the CSR keep or improve their financial sustainability.