The linkages among intellectual capital, corporate governance and corporate social responsibility

2015 ◽  
Vol 15 (4) ◽  
pp. 491-507 ◽  
Author(s):  
Dogan Altuner ◽  
Saban Çelik ◽  
Tuna Can Güleç
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Manufacturing Firms ◽  
Content Type ◽  
Empirical Inquiry ◽  
Research Areas ◽  
Corporate Social

Purpose – The purpose of present study is to explore the linkages among Intellectual Capital (IC), Corporate Governance (CG) and Corporate Social Responsibility (CSR) through direct and indirect empirical inquiry. Design/methodology/approach – The main setting is designed for exploring the relationship among IC, CG and CSR. Therefore, these three constructs are examined directly in which their statistical relation is evaluated among themselves and indirectly in which their possible effects are examined onto firms’ unsystematic factors such as cash flow, short-term solvency, long-term solvency, profitability and asset utilization. Findings – Empirical investigation is conducted on manufacturing firms listed in Istanbul Stock Exchange from 2007 to 2011. Empirical results do support a positive relationship among these important constructs. Research limitations/implications – The empirical research is carried out in manufacturing firms only. Originality/value – IC, CG and CSR are three demanding research areas to study. This is the first attempt here to examine their possible linkages based on so-called direct and indirect empirical inquiries. The primary reason behind this attempt is that these concepts are assumed to be important for all stakeholders.

scholarly journals Corporate governance and corporate social responsibility synergies: evidence from New Zealand

2020 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Rashid Zaman ◽  
Muhammad Nadeem ◽  
Mariela Carvajal
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
New Zealand ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Business Practices ◽  
Content Type ◽  
Listed Firms ◽  
Responsible Business Practices ◽  
Corporate Social

Purpose This paper aims to provide exploratory evidence on corporate governance (CG) and corporate social responsibility (CSR) interfaces. Although there remains a voluminous literature on CG and CSR, very little effort has been put forward to explore the nature of this relationship. Design/methodology/approach Using interviews with Senior Executives of New Zealand Stock Exchange listed firms, this research assesses CG and CSR practices, identifies barriers for CG and CSR adoption and investigates the nature of the relationship between CG and CSR. Findings The results indicate a moderate level of CG and CSR practices, with a lack of resources and cost-time balance as common barriers for CG and CSR adoption. However, despite these barriers, we note that the majority of executives appreciate the increasing convergence between CG and CSR, and believe that a more robust CG framework will lead to more sustainable CSR practices. Originality/value These findings have important implications for managers and policymakers interested in understanding the CG-CSR nexus and promoting responsible business practices.

scholarly journals HUBUNGAN INTELLECTUAL CAPITAL, CORPORATE SOCIAL RESPONSIBILTY DAN CORPORATE GOVERNANCE TERHADAP KINERJA KEUANGAN

El Dinar ◽  
2020 ◽  
Vol 8 (2) ◽  
pp. 87-99
Author(s):  
Supami Wahyu Setiyowati ◽  
Mardiana Mardiana
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Intellectual Capital ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Islamic Banking ◽  
Financial Reports ◽  
Corporate Social

Financial performance is an achievement obtained by companies, especially in the financial statements contained in financial reports for a certain period. The purpose of this study is to determine the relationship between intellectual corporate social responsibility (CSR) and corporate governance (CG) on financial performance in Islamic banking companies. This research is a quantitative research. Using purposive sampling. The population of Islamic banking companies is on the Indonesia Stock Exchange for the period 2014-2018. The sample is 6 Islamic banking companies. The data analysis technique uses multiple regression. The results showed that simultaneously and partially intellectual capital, corporate social responsibility, and corporate governance influenced financial performance. The conclusion is that the higher the intellectual capital, the higher the financial performance. The increased disclosure of corporate social responsibility shows an increase in financial performance. Implementation of corporate governance improves financial performance. Advice for investors and potential investors to see an increase in intellectual capital, disclosure of corporate social responsibility and corporate governance before investing to see the company's overall performance to benefit

scholarly journals PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN GOOD CORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAAN

2013 ◽  
Vol 2 (1) ◽  
Author(s):  
Retno Kusuma Dewi ◽  
Bambang Widagdo
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Corporate Performance ◽  
Stock Exchange ◽  
Manufacturing Firms ◽  
Manufacturing Companies ◽  
Good Corporate Governance ◽  
Corporate Social ◽  
Descriptive Statistical Analysis

PENGARUH CORPORATE SOCIAL RESPONSIBILITY DAN GOODCORPORATE GOVERNANCE TERHADAP KINERJA PERUSAHAANRetno Kusuma DewiDinas Pendidikan Pemuda dan Olahraga Kab.KediriE-mail: [email protected] WidagdoUniversitas Muhammadiyah MalangE-mail: [email protected] study aims to describe and examine the effect of Corporate Social Responsibility and GoodCorporate Governance on Corporate Performance in the manufacturing companies listed on theStock Exchange in 2010.This study built on the belief that with the implementation of the practice ofcorporate social responsibility (CSR), it will give assurance to stakeholders that the company hasdone a good corporate governance (GCG), which is expected to improve company performance.Data collection using purposive sampling to manufacturing companies listed on the Indonesia StockExchange in 2010. A total of 98 manufacturing firms are used as samples.Analytical techniques usedin this study using descriptive statistical analysis and pathway analysisThe results of this study indicate that the manufacturing companies listed on the Stock Exchange in2010 has done a good CSR, through disclosing social responsibility in the annual report.While theimplementation of GCG and ROE in the manufacturing companies listed on the Stock Exchange in2010 was bad.Corporate Social Responsibility significant influence on Good Corporate Governance,Good Corporate Governance significantly influence the performance of the company, CorporateSocial Responsibility significantly influence the performance of the company through good corporategovernance as an intervening variableKeywords: corporate social responsibility, good corporate governance, corporate performance

scholarly journals The Influence of Corporate Governance and Corporate Social Responsibility on Financial Performancewith Efficiency as Mediating Variable

2017 ◽  
Author(s):  
Hisnol Jamali ◽  
Sutrisno T ◽  
Subekti ◽  
Prihat Assih
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Indirect Effect ◽  
Stock Exchange ◽  
Positive Influence ◽  
Manufacturing Firms ◽  
Negative Effect ◽  
Corporate Social

The purpose of this research was to investigate and analyze the direct effect of corporategovernance and corporate social responsibility on financial performance and their indirect effect throughefficiency. This research used quantitative approach with samples of manufacturing firms which were selectedusing purposive sampling that listed in Indonesia Stock Exchange. There were 297 observations years-firms(2009-2012). The results of this research showed that corporate governance didn’t have effect on financialperformance (ROA &Tobins Q), neither direct nor indirect effect through efficiency. In contrast, there wasempirical evidence that corporate social responsibility has positive influence on financial performance (ROA),either direct or indirect effect through efficiency. However, corporate social responsibility has negative effect on financial performance (Tobins Q), either direct or indirect effect through efficiency.

scholarly journals MODEL OF INCREASING CORPORATE VALUE BASED ON GOOD CORPORATE GOVERNANCE IN MANUFACTURING COMPANIES LISTED ON THE INDONESIA STOCK ExCHANGE In 2012-2016

2017 ◽  
Vol 2 (2) ◽  
pp. 332
Author(s):  
Alfiatul Wardah ◽  
Nunung Ghoniyah
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Corporate Value ◽  
Good Corporate Governance ◽  
Corporate Social ◽  
Positive Effect

This study aims to analyze the role of Good Corporate Governance (GCG) as a moderating variable in increasing corporate value in manufacturing companies with variables of Corporate Social Responsibility (CSR) disclosure, Profitability, Intellectual Capital (VAICTM) with moderating variables of Good Corporate Governance (GCG) proxied institutional ownership in manufacturing companies listed on the Stock Exchange in 2012-2016. This study is included in a causative study. The population of this study is a manufacturing company listed on the Stock Exchange in 2012-2016 by using purposive sampling technique. There are 25 companies that meet the criteria as a sample so that the 110 data samples were tested using the eviews 10 student application. The results of this study state that the disclosure of Corporate Social Responsibility (CSR) has a significant positive effect on corporate value, profitability has a significant� positive effect on corporate value, Intellectual capital (VAICTM) has a positive and insignificant effect on the value of the company, the Corporate Social Responsibility (CSR) disclosure moderated by institutional ownership has a significant negative effect on the corporate value. With more than 50% institutional ownership, the possibility of a public response to CSR disclosure is low, profitability moderated by institutional ownership has no significant positive effect on corporate value, intellectual capital (VAICTM) moderated by negative institutional ownership are not significant. In the findings of this study, VAICTM did not have a significant effect on the corporate value so VAICTM was considered not important. The absence of additional performance due to the absence of standards for measuring intellectual capital in Indonesia. The market may appreciate other factors such as profit and other fundamental factors.Keywords: Corporate Social Responsibility (CSR), profitability, intellectual capital (VAICTM), Good Corporate Governance (GCG), Corporate Value.

From corporate social responsibility activities to financial performance: role of innovation and competitive advantage

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mahnoor Zahid ◽  
Hina Naeem ◽  
Iqra Aftab ◽  
Sajawal Ali Mughal
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Competitive Advantage ◽  
Manufacturing Firms ◽  
Equation Modeling ◽  
Content Type ◽  
Corporate Social ◽  
The Relationship

Purpose The purpose of this study is to scrutinize the effect of corporate social responsibility activities (CSRA) of the firm on its financial performance (FP) and analyze the mediating role of innovation and competitive advantage (CA) in the relationship between CSRA and FP in the manufacturing sector of an emerging country, i.e. Pakistan. Design/methodology/approach Data has been collected through an electronic structured questionnaire from 300 middle-level and top-level managers by surveying different manufacturing firms of Gujranwala, Pakistan. The study’s hypotheses have been checked by analyzing the reliability and validity of data and applying confirmatory factor analysis and structural equation modeling through statistical package for the social sciences and analysis of moment structures. Findings Outcomes of this study supported the hypothesized model. It has been found that the CSRA plays a significant positive role in determining the FP of the firm. Furthermore, the CA and innovation have been proved as significant mediators between CSRA and FP. Originality/value The first time examining the intermediation of innovation and CA in the relationship between CSRA and FP is the primary input of this study to the literature. Practically, this study’s findings will help strategy makers of manufacturing firms in emerging countries develop better strategies for implementing CSRA, enhancing innovation, seeking CA and improving FP.

Do board directors and good corporate governance improve integrated reporting quality? The moderating effect of CSR: an empirical analysis

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Jamel Chouaibi ◽  
Saida Boulhouchet ◽  
Raghad Almallah ◽  
Yamina Chouaibi
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Moderating Effect ◽  
Integrated Reporting ◽  
Board Diversity ◽  
Content Type ◽  
Board Characteristics ◽  
Good Corporate Governance ◽  
Corporate Social

PurposeThis paper targets to shed light on the relationship between board characteristics, good corporate governance and the integrated reporting quality (IRQ) and even if this relationship is moderated by the corporate social responsibility.Design/methodology/approachData from a sample of 185 European firms selected from STOXX 600 Index between 2010 and 2019 are used to test the model using panel data and multiple regression. This paper is motivated by using panel data estimated feasible generalized least squares method. A multiple regression model is used to analyze the moderating effect of the corporate social responsibility on the association between board characteristics, good corporate governance and the IRQ.FindingsConsistent with the expectations, the results showed that there is a positive relationship between board independence, board diversity, good corporate governance and IRQ. Furthermore, the findings suggest that moderating effect positively affects the relationship between the board characteristics, good corporate governance and IRQ.Practical implicationsThe results of this study have an impact on policymakers. The presence of women and independent members of the board should be encouraged. This has a positive effect on the availability of high-quality information, able to drive investment levels and stakeholder participation.Originality/valueThis study supports the existing literature. First, it expands the scientific debate on the topic of integrated reporting (IR). Second, it extends the scope of agency theory, which is rarely used to explain IR-related phenomena. This study is one of the first to examine the moderating effect of corporate social responsibility on the association between a set of governance characteristics (i.e. Board independence and board diversity) and integrated reporting adoption.

scholarly journals Corporate Social Responsibility (CSR) and Risk Taking: Evidence from Indonesia

2019 ◽  
Vol 8 (1) ◽  
pp. 152-162
Author(s):  
Rezki Ananda Mulia ◽  
Joni Joni
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Risk Taking ◽  
Stock Exchange ◽  
Listed Firms ◽  
Market Risks ◽  
Corporate Social

In this paper, we investigate the effect of Corporate Social Responsibility (CSR) on risk taking in Indonesia. We hand collect CSR and other corporate governance data from 2016-2017 for publicly listed firms on the Indonesian Stock Exchange (IDX). The results, based on 820 firm-year observations, suggest that CSR activity is negatively related to corporate’s risk. This means the presence of CSR activity is positively perceived by stakeholders. Therefore, it reduces operating and market risks of the company. Also, we test for endogeneity and the main findings remain similar.

scholarly journals Leadership Style, Intellectual Capital and Corporate Social Responsibility on Performance, a Comparison Model of Listed Companies in Indonesia

2020 ◽  
Vol 5 (3) ◽  
pp. 110-120
Author(s):  
Rilla Gantino ◽  
Endang Ruswanti ◽  
Taufiqur Rachman
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Leadership Style ◽  
Intellectual Capital ◽  
Stock Exchange ◽  
Negative Relationship ◽  
Listed Companies ◽  
Primary Data ◽  
Comparison Model ◽  
Corporate Social

Objective – This paper aims to examine the influence of Leadership Style, Intellectual Capital, and Corporate Social Responsibility on Performance in companies in the sub-sectors of Mining, Pharmacy and Consumption and Household, Basic Industry, Chemical and Infrastructure, Utility and Telecommunication listed on Indonesia Stock Exchange (IDX) 2012-2018. Methodology/Technique – In this research, leadership style is measured transformationally and transactionally. Meanwhile, Intellectual Capital is measured using VAICTM. Furthermore, Corporate Social Responsibility is measured using GRI G4, and Financial Performance is proxied by ROA, ROE, and sales growth. The method used is a saturated sample. The sample in this research was 50 companies in the Basic and Chemical Industry sub-sector, 28 companies in the infrastructure, utilities, and telecommunications sub-sectors, 38 mining sub-sector companies, and 17 companies in the consumer goods sub-sector listed on the Indonesia Stock Exchange (IDX). This research used secondary data taken from financial and annual reports and primary data obtained through questionnaires for leadership style. The analysis method used is simple regression analysis. Findings & Novelty –The results show that the influence of leadership style, intellectual capital, and corporate social responsibility in the four sectors varies with a positive or negative relationship direction. Intellectual capital has a positive significant influence on ROA, ROE and SG in four sectors. Previous research has focused on only one sector. This study compares the influence of leadership style, intellectual capital, and corporate social responsibility in four sectors Type of Paper: Empirical. JEL Classification: M41, M49. Keywords: Comparison; Leadership Style; Intellectual Capital; CSR; Performance Reference to this paper should be made as follows: Gantino, R; Ruswanti, E; Rachman, T. 2020. Leadership Style, Intellectual Capital and Corporate Social Responsibility on Performance, a Comparison Model of Listed Companies in Indonesia., Acc. Fin. Review, 5 (3): 110 – 120. https://doi.org/10.35609/afr.2020.5.3(3)

scholarly journals Effect of Corporate Governance and Corporate Social Responsibility on Financial Performance

2020 ◽  
Vol 8 (2) ◽  
Author(s):  
Indah Maha Sari ◽  
Rita Anugrah ◽  
Azwir Nasir
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Audit Committee ◽  
Sampling Method ◽  
Stock Exchange ◽  
Purposive Sampling ◽  
Market Capitalization ◽  
Corporate Social

This research was conducted to find out effect of independent commissioner, audit committee, and corporate social responsibility on financial performance at Index Kompas 100  in in Indonesia Stock Exchange period 2016-2018. Index Kompas 100 company has high market capitalization value, so it is suitable for use as a population. Samples were determined using the purposive sampling method. Research using multiple linear analyses. This research prove that independent commissioner, audit committee, corporate social responsibility have a influence on  financial performance.

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