Corporate social responsibility (CSR) emerged as an important
component for companies in the past two decades. CSR attained a
distinctive position among researchers and practitioners. CSR is well
explored in developed countries with less contribution from developing
countries. This empirical study focuses on the mediating role of
investment inefficiency (INV) in CSR and firm performance (FP)
relationship. Data is collected from the non-financial sector. The panel
regression technique is employed for data analysis. The fixed-effect
model is used in the study as indicated by the probability of the
Hausman test. This study results reveal that CSR and FP relationship is
fully mediated by INV.