Corporate Social Responsibility and Financial Performance of Indian Banks: Panel Data Analysis

2021 ◽  
Vol 1 (1) ◽  
pp. 1
Author(s):  
Akanksha Shukla
Keyword(s):  
Corporate Social Responsibility ◽  
Data Analysis ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Panel Data Analysis ◽  
Indian Banks ◽  
Corporate Social

Board diversity and corporate social responsibility in Jordan

2016 ◽  
Vol 14 (2) ◽  
pp. 279-298 ◽  
Author(s):  
Abdul Hadi Ibrahim ◽  
Mustafa Mohd Hanefah
Keyword(s):  
Corporate Social Responsibility ◽  
Data Analysis ◽  
Panel Data ◽  
Social Responsibility ◽  
Panel Data Analysis ◽  
Arab Countries ◽  
Board Diversity ◽  
Content Type ◽  
Csr Disclosure ◽  
Corporate Social

Purpose This study aims to investigate the impact of board diversity characteristics, namely, independence, gender, age and nationality of directors on the level of corporate social responsibility (CSR) disclosures. Design/methodology/approach Content analysis was used to determine CSR disclosure. This study used panel data analysis to investigate the influence of board diversity characteristics on CSR disclosures. Findings Panel data analysis show that the level of CSR disclosure has increased over the period of study. Results also reveal a positive and significant association between the level of CSR disclosure and board diversity variables. Research limitations/implications This study examined only companies listed on Amman Stock Exchange. Therefore, the generalisation of the results might be limited to the listed companies only. Practical implications Findings are relevant to policymakers, professional organisations and practitioners in Jordan and in other Arab countries. Social implications The role of women in the boardroom is important to ensure more CSR activities by the listed companies. Jordan being a Muslim country should take the initiative to introduce laws to increase the number of women to the board. Originality/value This study offers significant contributions to existing CSR literature in Jordan and in other Arab countries by introducing female directors. Findings are important to policymakers. They should implement quotas for women in the boardroom, and adopting such a policy will increase the participation of women in the decision-making process of the companies and reduce gender bias.

scholarly journals Corporate Social Responsibility and Firm Value Protection

2020 ◽  
Vol 8 (4) ◽  
pp. 72
Author(s):  
Daniel Ogachi ◽  
Zeman Zoltan
Keyword(s):  
Corporate Social Responsibility ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Firm Value ◽  
Panel Data Analysis ◽  
Fixed Effect Model ◽  
Positive Influence ◽  
Canonical Correlations ◽  
Corporate Social

The conception of Corporate Social Responsibility has continued to gain a lengthy discussion in all aspects of corporate finance with a particular focus on its contributing to financial performance. Despite its prominence globally, many companies have not embraced the concept, as most of them have remained doubtful about its contribution to corporate financial performance. Several companies have digressed the idea to merely an aspect of charity and cost instead of cost reduction and market creation. The fixed-effect model of panel data analysis was applied for the study period from 2010 to 2019 to measure relationships on CSR’s effect on the financial performance of listed companies in Kenya. The study used panel data for the years 2010–2019. The research used trend analysis for ten years to analyse data using canonical correlations, Logistic Regression analysis and ARIMA models to establish relationships among the variables of the study. Our results offer new evidence on the linearity effect of CSR on financial performance suggest that Corporate Social Responsibilities activities are very vital influencers of firm value, as they have a positive influence on the financial performance of companies.

scholarly journals CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE: THE SPANISH CASE

2016 ◽  
Vol 56 (1) ◽  
pp. 20-28 ◽  
Author(s):  
CRISTINA MADORRAN ◽  
TERESA GARCIA
Keyword(s):  
Corporate Social Responsibility ◽  
Panel Data ◽  
Stock Market ◽  
Social Responsibility ◽  
Financial Performance ◽  
Stock Market Index ◽  
Market Index ◽  
The Subject ◽  
Corporate Social ◽  
The Relationship

ABSTRACT The enormous interest aroused by corporate social responsibility both in the academic and the business worlds forms the background for this study. Its objective is to analyze the relationship between corporate social responsibility and financial performance in view of the debate in the literature on the subject. The study focuses on a sample of Spanish companies taken from the IBEX 35 stock market index, using panel data methodology, which offers advantages in comparison to methodologies used in other studies. We analyzed the period from 2003 to 2010. Our findings suggest that there is no obvious relationship between corporate social responsibility and financial results, at least in the case of Spain.

scholarly journals Desempenho Financeiro e a Questão dos Investimentos Sócio-Ambientais10.5773/rgsa.v3i3.177

2009 ◽  
Vol 3 (3) ◽  
pp. 72
Author(s):  
Paulo Sérgio Ceretta ◽  
Fernanda Barba ◽  
Fernando Casarin ◽  
Maximiliano Kruel ◽  
Bruno Milani
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Panel Data Analysis ◽  
Balance Sheet ◽  
Net Income ◽  
The Sustainable Development ◽  
Operational Result ◽  
On Line

A preocupação com o desenvolvimento sustentável demonstra a busca das empresas pela sua sobrevivência em longo prazo através de uma relação transparente e ética com sociedade, ambiente, funcionários e familiares, empregando ações pró-ativas para projetos voltados à responsabilidade social e garantindo qualidade de natureza social, econômica e ambiental. Esta atitude evidencia uma consciência empresarial de que sua atividade lucrativa impacta a comunidade e o ambiente circunstante e que, garantir que esse impacto seja o menor possível, faz parte de sua atividade empresarial. Esses investimentos, entretanto, geram custos para as empresas, custos que as empresas buscam recuperar através dos benefícios obtidos através desses. O objetivo deste estudo é verificar se existe relação entre os investimentos sócio-ambientais e a performance financeira empresarial. O estudo empírico foi realizado utilizando a análise de dados em painel com uma amostra de 59 empresas que operam no Brasil, com balanço disponível em meio eletrônico, dos anos de 2005 a 2008. Foi identificada relação significativa entre os indicadores sociais externos e a receita líquida e entre indicadores sociais internos, indicadores sociais externos, indicadores sociais externos defasados em um período com o resultado operacional líquido. Palavras-chave: Responsabilidade sócio-ambiental. Performance financeira. Análise de dados em painel. Abstract The concern with the sustainable development shows the attempt of companies for their survival in the long term through an ethical and transparent relationship with society, environment, employees and their families. They do so by acting on proactive projects aimed on social responsibility and providing the improvement of quality on social, economic and environmental levels. Such procedure evidences an entrepreneurial awareness that their profitable activity has impact on the community and the environment around them and that making this impact as little as possible is also part of their activity. These investments, however, result on costs which companies try to make up for through benefits obtained from the investments themselves. The purpose of this study is to verify whether there is a relationship between environmental and social investments and corporate financial performance. The empirical study was carried out using panel data analysis with a sample of 59 companies operating in Brazil, with social balance-sheet available on-line, from 2005 to 2008. A significant relationship was identified between external social indexes and net income and between internal social indexes, external social indexes, external social indexes lagged for one period with net operational result. Keywords: Environmental and social responsibility. Financial performance. Panel Data Analysis.

scholarly journals Pengaruh Manajemen Laba Terhadap Pengungkapan Corporate Social Responsibility (CSR) Dengan Mekanisme Corporate Governance Sebagai Variabel Moderasi Pada Perusahaan Yang Terdaftar di Jakarta Islamic Index (JII)

2017 ◽  
Vol 17 (1) ◽  
pp. 33
Author(s):  
Sunarsih Sunarsih
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Data Analysis ◽  
Social Responsibility ◽  
Earnings Management ◽  
Audit Committee ◽  
Panel Data Analysis ◽  
Governance Mechanism ◽  
Csr Disclosure ◽  
Corporate Social

This study examines the effect of earnings management on corporate social responsibility disclosure (CSR) with corporate governance mechanism as moderating variable. The size of the audit committee, the number of boards of commissioners, and the majority shareholding are the proxies of corporate governance. The tests used data obtained from all companies listed in the Jakarta Islamic Index (JII) during the period 2011-201. Data analysis was done by panel data analysis technique. The results showed that earnings management proved to have no effect on CSR disclosure. The size of the audit committee, the number of boards of commissioners, and the majority share ownership proved unable to moderate the relationship between earnings management and CSR disclosure. The implication of this research found that companies listed in JII are worthy of consideration as a company that is in accordance with Islamic sharia due to the minimum practice of earnings management. The variables of earnings management, corporate governance, and interaction results can explain the extent of CSR disclosure in companies listed in JII during the period 2011-2015 amounting to 41.94%.[Penelitian ini menguji pengaruh manajemen laba terhadap pengungkapan corporate social responsibility (CSR) dengan mekanisme corporate governance sebagai pemoderasi. Ukuran komite audit, jumlah dewan komisaris, dan kepemilikan saham mayoritas adalah proksi dari corporate governance. Pengujian menggunakan data yang diperoleh dari seluruh perusahaan yang terdaftar di Jakarta Islamic Index (JII) selama periode 2011-2015. Analisis data dilakukan dengan teknik analisis data panel. Hasil penelitian menunjukan bahwa manajemen laba terbukti tidak berpengaruh terhadap pengungkapan CSR. Ukuran komite audit, jumlah dewan komisaris, dan kepemilikan saham mayoritas terbukti tidak mampu memoderasi hubungan manajemen laba terhadap pengungkapan CSR. Implikasi temuan penelitian ini adalah perusahaan yang terdaftar di JII layak dipertimbangkan sebagai perusahaan yang sudah sesuai dengan syariah islam karena minimalnya praktik manajemen laba. Variabel manajemen laba, corporate governance, serta hasil interaksi keduanya dapat menjelaskan luas pengungkapan CSR pada perusahaan yang terdaftar di JII selama periode 2011-2015 sebesar 41,94%.]

scholarly journals Investing In Corporate Social Responsibility, Banking Disclosure And Finance In Uzbekistan

2021 ◽  
Vol 3 (05) ◽  
pp. 86-94
Author(s):  
Odilov Akmal Odilovich ◽  
◽  
Jo’rayev Behzod Nuraliyevich ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Developing Country ◽  
Fixed Effects ◽  
Corporate Financial Performance ◽  
Data Set ◽  
Strategic Csr ◽  
Corporate Social

Using panel data set from banks in Uzbekistan, a developing country, this paper examines the effects of corporate social responsibility (CSR) investment and disclosure on corporate financial performance. The results from the Wallace and Hussain estimator of component variances (a two- way random and fixed effects panel) suggest that CSR investment without due disclosure would have little or no contribution to corporate financial performance. This paper supports the argument that firms could benefit both financially and non-financially from a strategic CSR agenda.

Investigating the impact of Corporate Social Responsibility on Competitive Performance: An Empirical Study Based on Panel Data Analysis

2021 ◽  
pp. 231971452110154
Author(s):  
Miklesh Prasad Yadav ◽  
Neena Sinha
Keyword(s):  
Corporate Social Responsibility ◽  
Panel Data ◽  
Social Responsibility ◽  
Business Strategy ◽  
Panel Data Analysis ◽  
Competitive Performance ◽  
Diverse Range ◽  
Csr Strategy ◽  
Corporate Social ◽  
The Impact

The present study examines the impact of corporate social responsibility (CSR) on competitive performance of Indian companies. The proxies for the CSR and competitive performance are CSR expenditure and price to book ratio, respectively. The study is based on the 32 companies awarded by CII-ITC Sustainability Awards during 2010–2011 to 2017–2018. After collecting the data of price to book ratio, leverage, CSR expenditure and revenue of entire sample companies, panel data regression has been used to observe the impact of CSR on competitive performance. The results reveal insignificant relationship between CSR and competitive performance. It is noticed that firms do not have a CSR strategy that unifies the diverse range of a company’s philanthropic initiatives under one umbrella. Hence, the present study suggests to embed CSR into the company’s core business strategy.

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