This study aims to investigate the relationship between Corporate Social Responsibility (CSR) and firm performance. For this purpose, 117 of Istanbul Stock Exchange (ISE) firms’ data, covering the years 2009-2010, are analyzed with regression and correlation analysis. In this study CSR is used as main independent variable whereas two independent variables, ROE (return on equity) and Tobin’s q, are used as firm performance indicators. charities and donations of firms are taken as indicators of CSR. The result of the analysis indicate that there’s a positive relationship between CSR an firm performance and this positive relationship is significant with Tobin’s q
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