An Analysis of Improving Business Performance through Social Responsibility - Taking Apple Inc. as an Example
DOI: https://doi.org/10.62517/jbm.202509204
Author(s)
Lan Yijing
Affiliation(s)
Guangdong University of Finance and Economics, Guangzhou, Guangdong, China
Abstract
This article focuses on Apple Inc. and deeply analyzes the role of fulfilling its social responsibility in improving business performance. Firstly, elaborate on the various measures taken by Apple in environmental protection, such as using renewable energy and promoting product recycling. These actions not only reduce operating costs but also attract consumers with strong environmental awareness, helping to boost sales growth. Secondly, in supply chain management, strict standardization of supplier behavior standards and protection of labor rights ensure stable product quality, avoid supply interruption risks, and maintain financial performance stability. Furthermore, the company engages in social welfare activities such as educational support and charitable donations, effectively enhancing brand image, strengthening consumer loyalty, and expanding market share. Apple has achieved steady improvement in business performance by fulfilling its social responsibility in all aspects, such as reducing costs, ensuring operations, and expanding markets, providing valuable reference examples for other enterprises and revealing the close relationship between corporate social responsibility and business performance.
Keywords
Corporate Social Responsibility; Business Performance; Apple Inc
References
[1] Yang Yijun A Brief Discussion on Corporate Social Responsibility: Based on Analysis of Apple's Supply Chain in China [J]. Knowledge Economy, 2012, (12):7-8..
[2] Sun Chuanyue Comparative Analysis of Corporate Image Ecological Discourse between China and the United States [D]. China University of Mining and Technology, 2023
[3] Chi Xiaoxia A Brief Discussion on the Social Responsibility Involved in OEM Cooperation: From the Perspective of Apple Inc. and Its Supply Chain [J]. Legal and Economic (Late), 2012, (06):51-53.
[4] Guan Chang Exploration of the Impact of Working Capital Management on Corporate Financial Performance: A Case Study of Apple Inc. [J]. Taxation, 2018, (09):93.
[5] Yuan Yue Analysis of the Impact of Technological Innovation Investment on Financial Performance and Risk: The Power of Technological Innovation from the Perspective of Apple's Recovery [J]. Financial Communication, 2012, (11):40-41.
[6] Nie Jun Social Responsibility Fulfillment, Market Segmentation, and Corporate Financial Performance [J]. Technical Economics and Management Research, 2023, (04):44-50.
[7] Wang Zhengjun, Xie Xiao Corporate Social Responsibility Performance, R&D Investment, and Financial Performance: Based on the Perspectives of Internal and External Stakeholders [J]. Financial and Accounting Communication, 2020, (07):51-55.
[8] Li Baixing, Wang Bo, and Qing Xiaoquan Research on Corporate Social Responsibility Performance, Media Supervision, and Financial Performance: Based on Empirical Data from Heavy Pollution Industries in A-shares [J]. Accounting Research, 2018, (07):64-71.
[9] Cui Yeguang, Li Bo Corporate Social Responsibility Performance, R&D Investment, and Financial Performance: Empirical Evidence Based on Main Board Listed Companies in China [J]. Journal of Guizhou University of Finance and Economics, 2018, (02):60-69.
[10] Song Jianbo, Sheng Chunyan Research on the Impact of Corporate Social Responsibility on Financial Performance: Empirical Test from Chinese Manufacturing Listed Companies [J]. Financial Issues Research, 2012, (08):99-104.
[11] Li X ,Esfahbodi A ,Zhang Y .The Impact of Corporate Social Responsibility Implementation on Enterprises’ Financial Performance—Evidence from Chinese Listed Companies[J].Sustainability,2024,16(5):
[12] Li Y .An Empirical Study on Corporate Social Responsibility and Financial Performance-Take the Industry of Ecological Protection and Environmental Governance as an Example[J].International Journal of Frontiers in Sociology,2021,3.0(8.0):
[13] Zhang J ,Liu Z .The Impact of Corporate Social Responsibility on Financial Performance and Brand Value[J].Sustainability,2023,15(24):
[14] VargasSantander G K ,ÁlvarezDiez S , BaixauliSoler S , et al.Corporate social responsibility and financial performance: Does country sustainability matter? [J].Corporate Social Responsibility and Environmental Management,2023,30(6):3075-3094.
[15] Hamad A H ,Cek K .The Moderating Effects of Corporate Social Responsibility on Corporate Financial Performance: Evidence from OECD Countries[J].Sustainability,2023,15(11).