The relationship between corporate social responsibility and corporate financial performance: Evidence from a developing country
MetadataShow full item record
© 2015, Virtus Interpress. All rights reserved. We investigate the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) in a developing country context using annual report data from a sample of 131 firms over a 5 year period (2008-2012). Legitimacy theory and stakeholder theory underpin the study. We find a positive and significant relationship between CSR and CFP when using accounting measures of return on assets and equity, but an insignificant relationship when using the market based Tobin’s Q. The moderating effect of organisational governance on measures of workplace and environmental reporting is found to be important in a less developed economy.
Showing items related by title, author, creator and subject.
The Relationship between Corporate Sustainability and Corporate Financial Performance: A conceptual reviewShamil, M.; Shaikh, Junaid; Ho, Poh-Ling; Krishnan, Anbalagan (2012)Corporate sustainability is emerging as a separate body of knowledge influenced by wider application in firms and industries, supported by global initiatives. So far studies have focused on the linear relationship between ...
Corporate performance criteria in Australia and Thailand : individual tasks and roles of company directorsBoriboonsate, Patchareewan (2011)Weaknesses in corporate governance systems in many countries have caused consequences within a country and across borders; they have stirred the need for corporate governance reform in many parts of the world. At the top ...
Boddy, Clive R. (2009)This thesis describes the construct of psychopathy and the study of psychopaths. It identifies that psychopaths have been studied extensively in their criminal manifestations but that there is a large and recognised gap ...