scholarly journals Corporate Social Responsibility and Earnings Management of Listed Companies in Power Industry

2020 ◽  
Vol 8 (3) ◽  
pp. p76
Author(s):  
Li Leying ◽  
Xu Xinpeng
Keyword(s):  
Social Responsibility ◽  
Earnings Management ◽  
Electric Power Industry ◽  
Listed Companies ◽  
Power Industry ◽  
Government Employees ◽  
The Social ◽  
National Economic ◽  
The Government ◽  
Corporate Social

Due to the particularity of business operation of electric power industry enterprises, their social responsibility will have an important impact on national economic development and residents’ life. In this paper, 303 Listed Companies in the power industry from 2013 to 2018 are taken as samples to measure the degree of social responsibility of the power industry based on the contribution of the power industry enterprises to the government, employees, shareholders, creditors, suppliers and customers, and to test the correlation between the Listed Companies in the power industry and earnings management. The empirical results show that the more the power industry enterprises pay to the outside world, the lower the degree of earnings management, that is, the better the degree of social responsibility of listed companies in the power industry, the lower the degree of earnings management. Through the research results of this paper, we can think that the social responsibility behavior of power industry enterprises is “altruistic” rather than “egoistic”, which explains the importance of non-marketization of large state-owned power enterprises such as State Grid Corporation of China.

The effect of corporate social responsibility on earnings management and tax avoidance in Chinese listed companies

2019 ◽  
Vol 27 (4) ◽  
pp. 632-652 ◽  
Author(s):  
Haijing Liu ◽  
Hyun-Ah Lee
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Earnings Management ◽  
Tax Avoidance ◽  
Listed Companies ◽  
Private Enterprises ◽  
Content Type ◽  
Listed Firms ◽  
Chinese Listed Companies ◽  
Corporate Social

Purpose This paper aims to verify the effect of corporate social responsibility (CSR) on Chinese listed firms’ earnings management and tax avoidance. Specifically, this study investigates whether government-guided CSR implementation indeed drives firms to behave in a responsible manner by constraining earnings management and tax avoidance. Design/methodology/approach The paper analyses a sample of Chinese listed companies that are confronted with the unique situation of CSR being developed at a rapid pace by government-led policy and regulation. The study further investigates whether the effect of CSR on earnings management and tax avoidance is different for state-owned and private enterprises by partitioning the sample into these two subgroups. Findings The findings of this study show that government-guided CSR could be effective in reducing the firms’ earnings management and tax avoidance, even though the effect is limited to state-owned enterprises. Originality/value This paper provides new evidence on the relation of CSR with earnings management and tax avoidance in the Chinese context and sheds light on the importance of differentiating between the state-owned and private enterprises when studying the corporate behaviors of Chinese firms.

Determinants of Corporate Social Responsibility of a Social Enterprise: An Empirical Analysis

2016 ◽  
Vol 19 (03) ◽  
pp. 1650018 ◽  
Author(s):  
Soon-Beng Chew ◽  
Wei Quan Jeffrey Huang ◽  
Hui Ching Chia ◽  
Huang Chi Soh
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Collective Bargaining ◽  
Labor Movement ◽  
Social Enterprise ◽  
Field Survey ◽  
The Public ◽  
The Social ◽  
The Government ◽  
Corporate Social

This paper makes an attempt to estimate the corporate social responsibility (CSR) of a social enterprise in Singapore. Following the literature, we measure CSR based on a set of standard questions to gauge how the public values CSR according to these standard questions. The social enterprise being studied is NTUC Fairprice. NTUC is Singapore's labor movement which is a macro-focused union that works well with the government to achieve growth with equity ([Yao, S and SB Chew (2014). A mathematical model of a macro-focused labour union. Singapore Economic Review, 59(4), 1–13] for the theory of the macro-focused union). In this study, we also measure the CSR of Giant, another supermarket which is a commercial firm. A comparative analysis of the estimate of the CSR of these two firms is then made. The main finding is that, based on a field survey, Singaporeans value the CSR of NTUC Fairprice more highly than that of Giant. Our regression analysis reveals that the CSR valuation of NTUC Fairprice is basically determined by how people perceive NTUC Fairprice in terms of their sentiments. On the other hand, the only variable that is statistically significant in explaining changes in the CSR valuation of Giant is Malay respondents. The study also finds that, based on the second field survey, almost 85% of respondents chose to become members of NTUC because of non-collective bargaining benefits and only 10% joined the union because of sentiment. The main conclusion is that it pays for an organization to be known as a social enterprise. As NTUC Fairprice is a social enterprise of the labor movement in Singapore, union members are always supportive of the social effort of its cooperatives, of which NTUC Fairprice is one. An important incentive for workers to become union members is the provision of non-collective bargaining benefits provided by the labor movement.

scholarly journals Hubungan Keberhasilan Program Corporate Social Responsibility (CSR) PT Unilever dengan Keberdayaan Perempuan Pedesaan

2020 ◽  
Vol 4 (2) ◽  
pp. 261
Author(s):  
Sri Rezeki ◽  
Fredian Tonny Nasdian
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Success Rate ◽  
Rural Women ◽  
Community Empowerment ◽  
Private Sector Development ◽  
Qualitative Approaches ◽  
The Social ◽  
The Government ◽  
Corporate Social

The progress of increasingly sophisticated science and technology has led to a lot of development that refers to industrialization, especially in the private sector. Development carried out in Indonesia, is still gender-biased and lacks consideration for the role of women. The amount of development including companies has an impact on the environment and society, so the government has obliged every company to carry out activities called Corporate Social Responsibility (CSR). The CSR program is one of the community empowerment programs and can also be applied as a women's empowerment program. The purpose of this research is to see the relationship between the success rate of CSR programs and the level of empowerment of rural women. This study uses a combination of quantitative approaches and qualitative approaches. The quantitative approach is done by the census method using questionnaire instruments while the qualitative approach uses the case study method and is obtained through in-depth interview guides. The results showed that there was no relationship between the success rate of the CSR program and the level of empowerment of rural women in Sumbermulyo Village. This is because the success of CSR programs and the empowerment of CSR programs is more to the social and not economic aspects.Keywords: Corporate Social Responsibility, Success, Women Empowerment ABSTRAK Kemajuan ilmu pengetahuan dan teknologi yang semakin canggih menyebabkan banyaknya pembangunan yang merujuk pada industrialisasi khususnya di sektor swasta. Pembangunan yang dilakukan di Indonesia, masih bias gender dan kurang mempertimbangkan peran perempuan. Banyaknya pembangunan termasuk perusahaan memiliki dampak bagi lingkungan dan masyarakat, maka pemerintah telah mewajibkan setiap perusahaan untuk melakukan kegiatan yang disebut dengan Corporate Social Responsibility (CSR).  Program CSR merupakan salah satu program pemberdayaan masyarakat dan dapat pula diterapkan sebagai program pemberdayaan perempuan. Tujuan penulisan penelitian ini adalah untuk melihat hubungan antara tingkat keberhasilan program CSR dengan tingkat keberdayaan perempuan pedesaan. Penelitian ini menggunakan kombinasi pendekatan kuantitatif dan pendekatan kualitatif. Pendekatan kuantitatif dilakukan dengan metode sensus menggunakan instrumen kuesioner sedangkan pendekatan kualitatif menggunakan metode studi kasus dan didapatkan melalui panduan wawancara mendalam. Hasil penelitian menunjukkan bahwa tidak terdapat hubungan antara tingkat keberhasilan program CSR dengan tingkat keberdayaan perempuan pedesaan di Desa Sumbermulyo. Hal ini karena keberhasilan program CSR dan keberdayaan program CSR lebih kepada aspek sosial bukan ekonomi.Kata kunci: Corporate Social Responsibility, Keberhasilan, Pemberdayaan Perempuan

scholarly journals Implementation Corporate Social Responsibility Of Regional Owned Business Agencies To Help Handling Covid-19 In Kendal

2021 ◽  
Vol 2 (2) ◽  
pp. 84-98
Author(s):  
Andhang Kuswandriyo
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Economic Democracy ◽  
The People ◽  
The Social ◽  
National Economic ◽  
The Republic ◽  
Environmental Mobilization ◽  
Definition Of ◽  
Corporate Social

Abstract                                                                              Improve the welfare of the community in the area around the company and corporate responsibility. This can happen because the community feels affected by the environment that comes from the company's operations. The improvement of conditions in the social environment is one way of fulfilling the responsibilities known as corporate social responsibility or CSR. The definition of economic democracy in the national economy is based on the principles of unity, equity, sustainability of function, environmental mobilization, independence, and in maintaining the balance of development and national economic unity, it is important to support the 'main economic institutions; to determine the welfare of the people. CSR activities for the community are a process of migration and are related to the existing resources in the community. Currently, Social Welfare is no longer voluntary in nature but it has become the responsibility of many companies to implement it, although so far there have been no serious sanctions imposed on non-CSR companies. Keywords: CSR; Corporate social responsibility; Law of the Republic of Indonesia Number 40 of 2007; Community Welfare

The Indonesian Government’s coercive pressure on labour disclosures

2015 ◽  
Vol 6 (4) ◽  
pp. 475-497 ◽  
Author(s):  
Fitra Roman Cahaya ◽  
Stacey Porter ◽  
Greg Tower ◽  
Alistair Brown
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Well Being ◽  
Listed Companies ◽  
Global Reporting Initiative ◽  
Content Type ◽  
The Government ◽  
Csr Disclosure ◽  
Corporate Social

Purpose – This paper aims to focus on corporate social responsibility and workplace well-being by examining Indonesian Stock Exchange (IDX)-listed companies’ labour disclosures. Design/methodology/approach – Year-ending 2007 and 2010 annual report disclosures of 31 IDX-listed companies are analysed. The widely acknowledged Global Reporting Initiative (GRI) guidelines are used as the disclosure index checklist. Findings – The results reveal that the overall labour disclosure level increases from 21.84 per cent in 2007 to 30.52 per cent in 2010. The levels of four of the five specific labour disclosures also increase with employment being the exception. The results further show that the Indonesian Government does not influence the increase in the levels of the overall labour disclosure or the four categories showing increased disclosure but, surprisingly, does significantly affect the decrease in the level of the employment category. Research limitations/implications – It is implied that the government is at best ambiguous given that, on one side, the government regulates all corporate social responsibility (CSR) activities and reporting but appears to coercively pressure companies to hide employment-specific issues. Practical implications – It is implied that Indonesian companies need to have “strong and influential” independent commissioners on the boards to counter any possible pressures from the government resulting in lower disclosure levels. Originality/value – This paper provides insights into the “journey” of labour-related CSR disclosure practices in Indonesia and contributes to the literature by testing one specific variant of isomorphic institutional theory, namely, coercive isomorphism.

scholarly journals Analysis of the earnings management methods of China’s electric power companies based on modified Jones model

2021 ◽  
Vol 71 (5&6) ◽  
pp. 82
Author(s):  
Zhibin Liu ◽  
Nian Xie ◽  
Xiaoning Li
Keyword(s):  
Earnings Management ◽  
Electric Power ◽  
Stock Exchange ◽  
Electric Power Industry ◽  
Listed Companies ◽  
Significance Test ◽  
Power Industry ◽  
Fixed Assets ◽  
Jones Model ◽  
The Empirical Analysis

With the constant revision of accounting standards, the earnings management methods are constantly changed and innovated in order to achieve the purpose of beautifying the statements and manipulating profits. This paper took the electricity listed companies as the research object, selected the financial data of 52 listed companies in the Shanghai Stock Exchange and the Shenzhen Stock Exchange from 2014 to 2016 as the sample, and employed the SPSS statistics software to analyze the earnings management methods of the listed companies in the electric power industry and to draw the conclusions through empirical research. Based on the preliminary statistical analysis of the earnings management methods of listed companies in the electric power industry, this paper used the modified Jones model to verify the empirical analysis. The main conclusions of this paper are as follows: There is a positive linear relationship between fixed assets management, assets impairment management and discretional accruals of the listed companies in the electric power industry. The degree of its influence is more obvious and stable than that of other earnings management methods, and passed the significance test. The collinear diagnostics can also prove a more reasonable correlation among the variables, indicating that the results obtained from the modified Jones model is more significant.

scholarly journals Trends in Corporate Social Responsibility Reporting. The Case of Chinese Listed Companies

2021 ◽  
Vol 13 (15) ◽  
pp. 8640
Author(s):  
Xiaojuan Wu ◽  
Patrycja Hąbek
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Information Disclosure ◽  
Listed Companies ◽  
Developed Countries ◽  
Reporting Practices ◽  
Csr Reporting ◽  
Chinese Listed Companies ◽  
The Government ◽  
Corporate Social

Compared with Western developed countries, corporate social responsibility (CSR) implementation in China started relatively late, but so far, its development has been going on for more than ten years. Therefore, the development process of CSR reporting as a vital tool to reflect the CSR related information of Chinese listed companies is worth studying. It has been asserted in a large amount of literature that the government of a country has an important influence on the development of CSR reporting. Thus, in this paper, we aim to study the trends in CSR reporting practices of Chinese listed companies through statistical analysis methods and then consider the role of the government in it. The results show that the number of CSR reports issued by Chinese listed companies has increased year by year; notably, the number of voluntary CSR disclosure and environmental information disclosure has increased significantly. However, the overall disclosure rate of CSR reports is low and shows no upward trend, the published CSR reports lack third-party certification, and the information disclosure level of most CSR reports is concentrated at a relatively low level. The findings provide some useful references for the future development of Chinese CSR related laws, regulations, and guidelines.

scholarly journals URGENSI PENERAPAN CORPORATE SOCIAL RESPONSIBILITY SEBAGAI UPAYA MENJAMIN HAK-HAK TENAGA KERJA

FIAT JUSTISIA ◽  
2017 ◽  
Vol 10 (4) ◽  
pp. 623
Author(s):  
Dani Amran Hakim
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Labor Rights ◽  
Iso 26000 ◽  
The Social ◽  
The Government ◽  
Corporate Social

AbstractCorporate Social Responsibility (CSR) is social responsibility on the community and environment out responsibility economical. Globally understanding of CSR formulated through ISO 26000 cover 7 the main issues, one of the point related to the issues employment in the implementation of the social responsibility. This not yet accommodated in UUTK, which the contents substance the act of has not managed about the fulfillment of labor rights that uses the application of social responsibility. Based on the Regulation the Government Number 47 years 2012 about Social Responsibility Environment Company, determine that “obligation CSR as carried out at inside and outside the company”. Phrases ”at inside in the the company” can be seen as the parties has an interest in the company, one of them is the workers/labor. Therefore to realize prosperous labors, besides the fulfillment of rights has been agreed upon in a work with, the company also has an obligation to implement CSR for labors. As guarantees laws against the labor rights. Keywords: Urgent, Corporate Social Responsibility, Labor Rights AbstrakCorporate Social Responsibility (CSR) adalah tanggung jawab sosial terhadap masyarakat dan lingkungan di luar tanggung jawab ekonomis. Secara global pemahaman mengenai CSR dirumuskan melalui ISO 26000 yang mencakup 7 isu pokok, salah satu poinnya menyangkut masalah ketenagakerjaan dalam penerapan social responsibility. Hal ini belum terakomodasi di dalam UUTK maupun UUPT, yang isi substansi undang-undang ini belum mengatur mengenai pemenuhan hak-hak pekerja yang menggunakan penerapan social responsibility. Berdasarkan Peraturan Pemerintah Nomor 47 Tahun 2012 tentang Tanggung Jawab Sosial Lingkungan Perusahaan, menentukan bahwa “Kewajiban CSR sebagaimana dilaksanakan baik di dalam maupun di luar lingkungan Perseroan”. Frasa “di dalam lingkungan Perseroan” dapat dimaknai sebagai para pihak yang memiliki kepentingan di perusahaan, salah satunya yaitu para tenaga kerja. Maka dari itu untuk mewujudkan kesejahteraan tenaga kerja, selain pemenuhan hak-hak yang telah disepakati di dalam perjanjian kerja bersama, perusahaan juga memiliki kewajiban untuk melaksanakan CSR bagi tenaga kerja. Sebagai bentuk jaminan hukum terhadap hak-hak tenaga kerja. Kata Kunci: Urgensi, Corporate Social Responsibility, Hak-Hak Tenaga Kerja

scholarly journals Supporting National Transition in Myanmar Through Corporate Social Responsibility

2020 ◽  
Author(s):  
Daw Khin
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Business Strategy ◽  
Code Of Conduct ◽  
Business Practices ◽  
Public Expectations ◽  
Social Interests ◽  
National Economic ◽  
The Government ◽  
Corporate Social

Myanmar is moving rapidly in the direction of a more democratic and economically strong future. However, many challenges remain and constructive change will require the cooperation of the corporate sector. Many foreign businesses are interested in investing in Myanmar as a result of political reforms. The government could take a pivotal role, leading the agenda by setting Corporate Social Responsibility (CSR) standards as a tool for social development. This paper explores how CSR could be embedded in government business strategy, how business practice could exceed public expectations, how labour laws could strengthen employee packages and benefits, and how foreign investors could be encouraged to bring CSR expertise to strengthen domestic capabilities. Finally, this paper argues that a CSR code of conduct should be imposed to ensure that business practices are tailored to national economic and social interests, and the form such a code of conduct could take.  

scholarly journals Driving Corporate Social Responsibility (CSR) through the Companies Act: an Overview of the Role of the Social and Ethics Committee

2017 ◽  
Vol 16 (1) ◽  
pp. 165 ◽  
Author(s):  
Henk J Kloppers
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Private Sector ◽  
Ethics Committee ◽  
Socially Responsible ◽  
The Social ◽  
The Creation ◽  
The Government ◽  
Corporate Social

The corporate social responsibility (CSR) movement can be described as a bundle of trends comprising regulatory frameworks aimed at improving corporate practices and leading to changes in these practices, the mobilisation of corporate role players to support the development of states, and a management trend the purpose of which is to enhance the legitimacy of a business. Government is regarded as one of the most important driving forces behind the CSR agenda and it has a particularly important role to play in the creation of an enabling CSR environment. In general, advocates of legislative involvement in framing the CSR policy highlight the failure of existing voluntary systems as one of the main reasons why the state should play a more important role in the facilitation of CSR. Although governments realise the importance of encouraging socially responsible business, it should be noted that CSR should not replace regulation or legislation concerning social rights. Furthermore CSR should not be seen as shifting (or outsourcing) the state's responsibility for the provision of basic services (such as education or the provision of health services) to the private sector and thus "privatising" the state's responsibilities. However, the legacies of apartheid remain firmly entrenched in the social problems facing South Africa and it seems as if the Government is unable to deliver the social and physical infrastructure required to effect the desired transformation, thus necessitating the engagement of the private sector. The role of Government in establishing a CSR policy framework and driving CSR has become increasingly important. The (perceived) failure of the welfare state has given further impetus to the move of governments toward tapping into the resources of the private sector (through their CSR) in order to address socio-economic challenges. A purely voluntary approach to CSR without any legislative intervention will not succeed – a clear public policy requiring the implementation of socially responsible practices by the entire private sector is a necessity. Governments in general are increasingly beginning to view CSR as cost-effective means to enhance their sustainable development strategies, and as a part of their national competitiveness strategies to attract foreign direct investment. Given South Africa's history, legislation should be viewed as one of the main instruments enabling the Government to address the private sector's social, environmental and economic outreach activities.Against this background, this contribution identifies the regulations released in terms of the Companies Act 71 of 2008 in which the issue of the social and ethics committee is dealt with, as an important measure taken by Government to create a possible CSR platform. This contribution argues that the requirements regarding the creation of a social and ethics committee have the potential to embed the CSR notion in the corporate conscience. The aim of the contribution is to provide an overview of the role of the social and ethics committee, as envisaged by the Companies Regulations, 2011, as a potential driver of CSR.

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