Study of the impact of societal and environmental capital on the performance of Algerian companies

الملخص EN

Traditionally, producer theory has used tangible factors such as capital, labour and land for the production function.

Several adaptation works have attempted to broaden the use of this concept by adding other forms to this capital often used to denote material investments and all the in-put of the productive apparatus.

The objective of this article is to introduce a new type of capital which is societal and environmental capital.

After several attempts at modelling, the econometric study carried out on a sample of fifty largest Algerian companies showed that the civic behaviour of firms towards society and the environment where they activate, as well as the various efforts made in this area, are not in favour of being considered as a true factor of production and hardly go beyond the framework of operating expenses.