The relationship between corporate social responsibility expenditures and firm value: The moderating role of integrated reporting

This article aims at identifying the relationship between corporate governance (CG) and corporate social responsibility expenditure (CSRE) for the Bangladeshi banking sector. CG has been considered as the single independent variable divided into three components: board size (BS), gender diversity (GD) and board members’ interrelationship (BMI), and CSRE has been considered as the dependent variable. Further, a single moderator—firm value (FV) as been employed in order to test the moderating influence. Annual reports from 2015 to 2019 (5 years) of 35 banking firms have been used as samples. The study utilized Pearson’s correlation coefficient in order to test the direct relationships and regression analysis to test the moderating effects. The analysis has revealed that BS and GD are positively associated with CSRE while BMI has a negative association with CSRE. Furthermore, has been revealed that FV can moderate all the direct relationships. The study is expected to aid researchers in further empirical investigation over this important issue and guide policymakers to obtain more representative outcomes to make constructive decisions regarding CG and CSRE that would, in turn, increase FV.

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Related party transactions and firm value: The moderating role of corporate social responsibility reporting

China Journal of Accounting Research ◽

10.1016/j.cjar.2020.04.002 ◽

2020 ◽

Vol 13 (2) ◽

pp. 223-236

Author(s):

Tifanny Dwijaya Hendratama ◽

Zuni Barokah

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Firm Value ◽

Related Party Transactions ◽

Corporate Social Responsibility Reporting ◽

Corporate Social ◽

Moderating Role

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“The Power of Ethical Leadership”: The Influence of Corporate Social Responsibility on Creativity, the Mediating Function of Psychological Safety, and the Moderating Role of Ethical Leadership

International Journal of Environmental Research and Public Health ◽

10.3390/ijerph18062968 ◽

2021 ◽

Vol 18 (6) ◽

pp. 2968

Author(s):

Byung-Jik Kim ◽

Min-Jik Kim ◽

Tae-Hyun Kim

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Ethical Leadership ◽

Psychological Safety ◽

Underlying Mechanism ◽

Time Lagged ◽

Corporate Social ◽

The Relationship ◽

Moderating Role

A body of existing literature delves into how corporate social responsibility (CSR) affects employees’ cognition, emotion, and behavior within an organization. These previous studies, however, pay relatively little attention to the influence of CSR on levels of creativity in employees. Considering that creativity is closely related to innovative capability, which is critical for a firm to survive, the relationship between CSR and employees’ creativity and its elaborate underlying processes need further investigation. Based on a group creativity model, we argue that CSR may increase levels of creativity in employees through mediation of enhanced levels of psychological safety in employees. In addition, existing works on CSR have relatively underexplored the contextual role of leadership in translating CSR practices into employees’ attitudes, perceptions, and behaviors. Using three-wave time-lagged survey data from 311 employees in South Korea, we found that CSR enhances employees’ creativity via mediation of psychological safety. Additionally, ethical leadership positively moderates the relationship between CSR and psychological safety. Our findings suggest that psychological safety in employees functions as an important underlying mechanism to describe the CSR–employee creativity link. Furthermore, this paper emphasizes the importance of the moderating role of ethical leadership in the process of CSR activities.

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Tourism Corporate Social Responsibility Effects on Purchase Intention during Covid-19: Mediating Role of Trust and Moderating Role of Trust Propensity

Journal of Economics, Finance and Management Studies ◽

10.47191/jefms/v4-i6-01 ◽

2021 ◽

Vol 4 (6) ◽

Author(s):

LIQUN W ◽

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Purchase Intention ◽

Ethical Responsibility ◽

Mediating Role ◽

Trust Propensity ◽

Corporate Social ◽

The Relationship ◽

Moderating Role

Though the pyramid model of corporate social responsibility, the paper classified tourism corporate social responsibility into economic responsibility, legal responsibility, ethical responsibility, charitable responsibility and environmental responsibility. With the COVID-19 epidemic as the background, based on 250 questionnaire data, the paper proposed a structural equation model that explore the impact mechanism of tourism corporate social responsibility on tourist purchase intention during the COVID-19 epidemic. The mediation effect of trust was examined in the model. And the question whether trust propensity plays a moderating role was answered. The results of experimental studies revealed that: First, the economic responsibility, ethical responsibility and charitable responsibility have a significant positive effect on tourist purchase intention during the epidemic period. Second, trust plays a partial mediating role in the relationship between tourism corporate social responsibility and tourist purchase intention. Third, trust propensity has no moderating effect on the relationship between tourism corporate social responsibility and tourist purchase intention. Suggestions for tourism enterprises was put forwarded: except ensuring the quality of tourism products, enterprises should take corporate social responsibility into consideration of the long-term management decisions. Especially in the event of major events (COVID-19), it is more important to show the responsibility of enterprises.

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The moderating role of board monitoring power in the relationship between environmental conditions and corporate social responsibility

Business Ethics A European Review ◽

10.1111/beer.12242 ◽

2019 ◽

Vol 29 (1) ◽

pp. 114-129 ◽

Cited By ~ 8

Author(s):

Isabel‐María García‐Sánchez

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Environmental Conditions ◽

Board Monitoring ◽

Corporate Social ◽

The Relationship ◽

Moderating Role

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The Importance of Philanthropic Corporate Social Responsibility and Its Impact on Attitude and Behavioral Intentions: The Moderating Role of the Barista Disability Status

Sustainability ◽

10.3390/su12156235 ◽

2020 ◽

Vol 12 (15) ◽

pp. 6235 ◽

Cited By ~ 1

Author(s):

Jinsoo Hwang ◽

Jinkyung Jenny Kim ◽

Seokhoon Lee

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Behavioral Intentions ◽

Positive Influence ◽

Disability Status ◽

Managerial Implications ◽

Corporate Social ◽

The Relationship ◽

Moderating Role

Despite the increased attention to corporate social responsibility and employment of disabled people worldwide, there is insufficient evidence about the effect of these interrelated initiatives on the formation of consumer behavior. To fill this gap, this study was designed to understand consumers’ responses with respect to such activities in the coffee industry. More specifically, this study proposed that philanthropic corporate social responsibility (PCSR) aids to enhance attitude which subsequently increases behavioral intentions. In addition, this study examined the moderating role of barista disability status in the relationship between PCSR and attitude. The quantitative approach was used to examine hypotheses, and data were collected from the following two types of Starbucks: (1) Starbucks where disabled baristas provide services and (2) Starbucks where non-disabled baristas provide services. The results of data analysis showed that PCSR positively affects attitude, which in turn has a positive influence on intentions to use, word-of-mouth intentions, and willingness to pay more. Lastly, the moderating role of barista disability status was identified. Based on the findings, discussions involved theoretical and managerial implications of this study that include the encouragement of hiring people with disabilities in the coffee shops.

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The role of brand love on bank customers' perceptions of corporate social responsibility

International Journal of Bank Marketing ◽

10.1108/ijbm-07-2020-0356 ◽

2021 ◽

Vol 39 (1) ◽

pp. 189-208

Author(s):

Hayford Amegbe ◽

Michael D. Dzandu ◽

Charles Hanu

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Banking Sector ◽

Loyalty Program ◽

Brand Love ◽

Content Type ◽

Corporate Social ◽

The Relationship ◽

Moderating Role

PurposeThe lovemarks theory (love and respect) is fairly new to the marketing literature and is now gaining much attention among marketing scholars. The study examined how brand love and brand respect moderate the relationship between corporate social responsibility (CSR), trust (TRUS), satisfaction (SAT) and loyalty (LOY) among bank customers in an emerging/and or a developing country's context.Design/methodology/approachA quantitative survey approach was used. Data from a total of 769 banking customers, containing demographic and psychographic measures were used.FindingsThis study tested six (6) hypotheses. The results confirmed the moderating role of brand respect on the relationship between CSR and TRUS in the banking sector. Also, our results reveal that BLOV moderates the relationship between SAT and LOY. The rest of our hypotheses did not confirm any significant relationship between them.Research limitations/implicationsLike any academic exercise, this study also has some limitations. The hypotheses tested for brand love on bank customers' perceptions of CSR were based on a country study. The implication of brand love for CSR may be the same or vary in different country contexts.Practical implicationsThe study provides managers of banks and managers of financial institutions a better understanding of how love and respect could play a role in their loyalty program and how to incorporate these new constructs into the already known constructs such as satisfaction, trust and loyalty.Originality/valueThis study is unique because it quantitatively examined the relationships between well-researched constructs corporate social responsibility (CSR), trust (TRUS), satisfaction (SAT) on loyalty (LOY) as well as examining these constructs with a fairly new constructs brand love (BLOV) and respect (BRES) in a single study.

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Is Corporate Social Responsibility Used to Mask Corporate Speculation? Evidence from Emerging China

Sustainability ◽

10.3390/su11123375 ◽

2019 ◽

Vol 11 (12) ◽

pp. 3375

Author(s):

Sui ◽

Yang ◽

Zhang

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Political Involvement ◽

Informal Institution ◽

Corporate Social ◽

The Relationship ◽

Privately Owned ◽

Csr Engagement ◽

Moderating Role

Why do rational, profit-orientated firms generously engage in corporate social responsibility (CSR)? Our study explores the real motives of speculative firms for CSR engagement and the hidden causality behind it. Using national survey data of privately owned firms in China, we find that corporate speculation positively influences firms’ engagement in CSR, revealing that CSR is instrumental and that firms use it as a tool to mask their speculative activities by building their reputations and buying ‘leniency insurance’ against potential penalties. Further, the relationship between speculation and CSR is less pronounced in firms with political involvement, revealing that the effect of political involvement as an informal institution somewhat protects speculators from potential sanctions without a CSR premium. We also discovered that the relationship between corporate speculation and CSR—as well as the moderating role of political involvement—is less pronounced among developed regions, revealing that the development of formal institutions can restrict the instrumentality of CSR and the effect of political involvement. Such findings have important implications for CSR in emerging economies.

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