• #Corporate social responsibility
• #Social responsibility

This study analyzes the relationship between corporate social responsibility (CSR) and firms’ future investing activities and financial performance. The results show a statistically significant positive relationship between CSR level and investment activities such as advertising & promoting sales, employees’ welfare, and training and development of employees, with advertising showing a continuous impact. However, no significant relationship was found between CSR level and profitability, liquidity, safety, or growth ratios.