scholarly journals Corporate Social Responsibility and Crowdfunding: The Experience of the Colectual Platform in Empowering Economic and Sustainable Projects

2020 ◽  
Vol 12 (13) ◽  
pp. 5251 ◽  
Author(s):  
Jesús Mauricio Flórez-Parra ◽  
Gracia Rubio Martín ◽  
Carmen Rapallo Serrano
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Risk ◽  
Sustainable Business ◽  
Return On Assets ◽  
Financial Barriers ◽  
Return On Equity ◽  
Financial Characteristics ◽  
Corporate Social ◽  
The Cost

In recent years, sustainable crowdfunding has been one of the key elements in the search for new sources of financing. This has involved eliminating financial barriers and intermediaries, bringing entrepreneurs’ projects closer to fund providers, and thus instigating changes in traditional investment and profitability parameters. Among these indicators, the sustainable business return and its relationship with Corporate Social Responsibility (CSR) could be a relevant factor to improve the cost of funding, to explain the return on assets (ROA), and, consequently, impacting on the return on equity (ROE). In this context, this paper takes as a reference 101 projects that are part of Colectual’s lending. We analyze factors such as sustainability—the application of CSR across a social responsibility index; the financial characteristics of the company—liquidity, leverage, and solvency; and the characteristics of the loans related to crowdfunding—amount, maturity, and charge rate of the loan. Our study provides empirical evidence that, besides financial characteristics, the commitment to CSR can improve collective lending and the management of resources, as well as enhance the capital wealth of companies, by improving shareholder profitability or ROE. Investors consider not only financial risk but also sustainability factors.

scholarly journals Pengungkapan Corporate Social Responsibility dan Kinerja Keuangan Perusahaan Perbankan

2021 ◽  
Vol 31 (7) ◽  
pp. 1655
Author(s):  
Ni Made Widyasari ◽  
Ketut Yadnyana
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Return On Assets ◽  
Return On Equity ◽  
Panel Data Regression ◽  
Analysis Technique ◽  
Data Regression ◽  
Csr Disclosure ◽  
Corporate Social

A company Development can made the ekspoitation of natural resources to be higher, so it is important for the companies to carry out CSR activities. This study aims to determine the effect of corporate social responsibility disclosure on financial performance in Bank sector as proxied by eeturn on assets (ROA) and return on equity (ROE). The sample was obtained using purposive sampling method and the number of research samples was 19 companies with a total of 95 observations. The data analysis technique in this study was panel data regression analysis. The results show that corporate social responsibility (CSR) disclosure has a positive and significant effect on financial performance in bank sector as proxied by return on assets (ROA) and return on equity (ROE). The implication of this research can contribute to the empirical study of stakeholder theory and equity theory. The implication of this research is that it can be taken into consideration in decision making by stakeholders and company management. Keywords: CSR Disclosure; ROA; ROE.

scholarly journals DOES CORPORATE SOCIAL RESPONSIBILITY ENHANCE RETURN ON ASSETS? EVIDENCE FROM MANUFACTURING FIRM IN NIGERIA

2016 ◽  
Vol 10 (2) ◽  
pp. 2058-2059
Author(s):  
Nwankwo Carol ◽  
Onyeka Virginia Nnenna ◽  
Chukwuani Victoria Nnenna
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Research ◽  
Economic Performance ◽  
Return On Assets ◽  
Manufacturing Firm ◽  
Return On Equity ◽  
Manufacturing Organizations ◽  
Corporate Social ◽  
The Impact

The empirical research into the impact of CSR on return on  assets is confusing and far from conclusive. Also in most ofthe previous studies; economic performance covered a (commonly five year) period “surrounding” the CSR performanceand/or social disclosure periods. To overcome these limitations, our paper assess the impact of CSR return on assets ofmanufacturing firms in Nigeria. The result showed that with CSR, corporate social responsibility had a positive and significant effect on return on assets of the manufacturing organizations while without CSR, the impact is negative and non-significant. The implication is that what companies spend on the development of society of interest may be related toreturn on equity but does not significantly detect increase/decrease in return on equity. This study thus posits thatmanufacturing organizations should concentrate evenly also on other elements which organization see mainly as majordeterminants of return on assets as the finding is showing an insignificant effect of CSR on ROA.

scholarly journals The Influence of Corporate Social Responsibility toward the Financial Performance Company in Jakarta Islamic Index (JII) in Period 2010-2014

2016 ◽  
Vol 3 (2) ◽  
pp. 136
Author(s):  
P. Prasojo ◽  
Inon Listyorini
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Control Variable ◽  
Return On Assets ◽  
Return On Equity ◽  
Corporate Social

The aim of this research is to examine the influence of corporate sosical responsibility (CSR) toward the financial performance that is measured by Return on Assets (ROA), Return on Equity (ROE), Earning Per Share (EPS),  Firm's Growth (FG) and the control variable of Siz, Leverage, and Age. The population in this research was the companies in Jakarta Islamic Index (JII) consistently from 2010-2014. The samples were selected by Purposive Judgment sampling criteria. The collected samples in this research were 11 companies. The result of CSR research has a significant on financial performance by proxy ROA, ROE, EPS, and FG.

Correlation Between Banks Corporate Social Responsibility And Profitability: A Study of UAE, Bangladesh and India

2017 ◽  
Vol 7 (02) ◽  
Author(s):  
Sonia Singh ◽  
Sameer Al Barghouthi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Commercial Bank ◽  
Commercial Banks ◽  
Negative Coefficient ◽  
Weak Correlation ◽  
Return On Assets ◽  
Return On Equity ◽  
Study Methodology ◽  
Corporate Social

The purpose of the study was to correlate bank investments into Corporate Social Responsibility (CSR) initiatives with the financial performance of profitability measured as Return on Assets (RAO) or Return on Equity (ROE). The selected bank from UAE was Abu Dhabi Commercial Bank (ADCB). From Bangladesh, the selected Public Commercial Banks were Dutch-Bangla Bank Ltd. (DBBL) and Islami Bank Bangladesh Ltd (IBBL) and selected State-Owned Banks are Janata Bank Ltd (JBL) and Rupali Bank Ltd. (RBL). From India, the selected banks were ICICI and Axis. The study methodology was KLD Research Analytics and Correlation Coefficient of the Year on Year (YoY) change of the CSR versus profits. There were result outcomes across all these tests. The YoY comparison for ADCB from UAE shows a negative coefficient but strengthening the correlation between CSR and profitability over the five year period. The YoY comparison of ICICI for CSR % to profitability impact had weak correlation and fluctuating coefficient. The YoY comparison for Axis bank showed that the correlation between CSR expenditure and profit is largely positive and the coefficient is also significant. The comparison for PCBs DBBL and IBBL revealed that there was a positive correlation with the profitability, but the YoY CSR% to profitability change shows a weak coefficient. The comparison between the State-Owned Banks JBL and RBL shows that the YoY comparison of CSR% to profitability has a weak correlation but insignificant coefficient. In conclusion, banks should undertake ethical CSR when pursuing profitability.

Value-Relevance of Corporate Social Responsibility: Evidence from Short Selling

2016 ◽  
Vol 28 (2) ◽  
pp. 29-52 ◽  
Author(s):  
Archana Jain ◽  
Pankaj K. Jain ◽  
Zabihollah Rezaee
Keyword(s):  
Corporate Social Responsibility ◽  
Standard Deviation ◽  
Social Responsibility ◽  
Value Relevance ◽  
Investment Decisions ◽  
Short Selling ◽  
Return On Assets ◽  
Return On Equity ◽  
Short Sellers ◽  
Corporate Social

ABSTRACT We examine whether short sellers, as informed investors, take into consideration corporate social responsibility (CSR) performance and disclosure in the areas of environmental, social, and governance (ESG) sustainability in making investment decisions. We find that firms' market value and future financial performance, measured by price per share, return on equity, and return on assets, are lower, whereas operating risk, measured by the standard deviation of return on equity and the standard deviation of return on assets, is higher for firms with low composite ESG scores. We detect a negative association between ESG scores and short selling, indicating that short sellers avoid firms with high ESG scores and tend to target firms with low ESG scores. We conclude that investors consider firms' ESG scores as value relevant in making investment decisions and thus management should integrate CSR into strategic decisions and corporate reporting. JEL Classifications: G32; M40.

scholarly journals PENGARUH PENERAPAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP PROFITABILITAS PERUSAHAAN MANUFAKTUR DI BURSA EFEK INDONESIA TAHUN 2013-2017

2019 ◽  
Vol 14 (1) ◽  
Author(s):  
Kleysia N. Tanod ◽  
Grace B. Nangoi ◽  
I Gede Suwetja
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Quantitative Research ◽  
Stock Exchange ◽  
Sample Selection ◽  
Sampling Technique ◽  
Manufacturing Companies ◽  
Return On Assets ◽  
Return On Equity ◽  
Corporate Social

Corporate Social Responsibility is a form of corporate responsibility towards shareholders, parties with an interest in the company and the community. CSR is also an important factor that is the basis for investors' consideration to make investment decisions on the company so that the company can manage investor capital to carry out company activities to achieve profits. This study aims to determine the effect of corporate social responsibility on corporate profitability, this study uses the ratio of return on assets and return on equity to calculate the company's profitability. This research uses quantitative research method with simple linear regression, where this study uses only 1 independent variable and 2 dependent variables. The population use in this study are manufacturing company listed on the Indonesia Stock Exchange in 2013-2017. The sample of this study used 59 manufacturing companies that met the sample selection criteria. Sample selection uses purpose sampling technique. The results show that corporate social responsibility has a significant effect on return on assets and return on equity.

scholarly journals Nilai Perusahaan : Dampak dari Return On Asset (ROA), Return On Equity (ROE) dan Corporate Social Responsibility (CSR)

2019 ◽  
Vol 1 (1) ◽  
pp. 49
Author(s):  
Diah Retno Sulistiyowati ◽  
Anita Syafariah
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Multiple Linear Regression Analysis ◽  
Return On Assets ◽  
Return On Equity ◽  
Financial Variables ◽  
Corporate Social

This study aims to examine the effect of Return on Assets (ROA), Return on Equity (ROE) and Corporate Social Responsibility (CSR) on firm value. The research method used is descriptive and associative. The population and sample used are all telecommunications companies listed on the Indonesia Stock Exchange (IDX). The analysis technique used is multiple linear regression analysis. Based on the results of the study indicate that Return on Assets (ROA) has a significant positive effect on firm value (P <0.05). Return on Equity (ROE) does not have a significant effect on firm value (P> 0.05). Corporate Social Responsibility (CSR) has no significant effect on firm value (P> 0.05). It is suggested for the next researcher that the company studied not only in the telecommunications sector, but all companies listed on the IDX that have good characteristics to be used as populations, and are advised to examine other financial variables that affect the value of the company.

scholarly journals Financial Performance and Social Responsibility-The Case of Islamic Banks: A Theoretical and Empirical Study

2021 ◽  
Vol 13 (9) ◽  
pp. 94
Author(s):  
Tarek Chenini ◽  
Ahlem Boubker ◽  
Sawssen Nafti ◽  
Mosbah Lafi
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Empirical Study ◽  
Negative Relationship ◽  
Islamic Banks ◽  
Return On Assets ◽  
Return On Equity ◽  
Public Banks ◽  
Corporate Social ◽  
The Relationship

This article is intended to evaluate the level of disclosure of corporate social responsibility (CSR) in Islamic banks and examine the relationship between the Return on Assets (ROA) and the Return on Equity (ROE) performance indices in relation to the disclosure of the Islamic banks&rsquo; corporate social responsibility. In reality, an empirical study was performed over a six-year period from 2009 to 2014, in which the CSR shows that Islamic banks are engaged in a great variety of social activities, both as private or public banks. In fact, empirical research has also found that there is a negative relationship between the corporate social responsibility of Islamic banks and the financial results of the ROA an ROE measures.

scholarly journals The construction sector in Galicia: Corporate social responsibility and financial results

2019 ◽  
Vol 28 (1) ◽  
pp. 40
Author(s):  
Juan Manuel Vilar Fernández ◽  
Jaime Fe Marqués ◽  
Alejandro M. Vasallo Rapela
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Construction Sector ◽  
Return On Assets ◽  
Return On Equity ◽  
Corporate Social

A Responsabilidade Social da Empresa (RSE), tamén denominada Responsabilidade Social Corporativa (RSC), formúlase como un factor estratéxico clave na xestión. O obxecto deste traballo é analizar as relacións existentes entre os principios de RSE e a rendibilidade das empresas do sector da construción en Galicia. Para iso realízase unha revisión do concepto de RSE e da súa evolución; a continuación analízase a relación entre a RSE e os resultados empresariais a nivel global para empresas galegas representativas do sector da construción; e, por último, desenvólvense indicadores cuantitativos que permiten avaliar a xestión e o desempeño na empresa e contrástanse as formulacións teóricas cos resultados obtidos a través da modelización econométrica para unha mostra de 100 empresas. A análise comparativa realízase a través da rendibilidade sobre activos ou económica (ROA, Return On Assets) e a rendibilidade, sobre fondos propios ou financeira (ROE, Return On Equity). Concluímos que existe unha relación positiva entre os rendementos financeiros e a RSE, polo que esta se consolida como fonte de vantaxe competitiva.

scholarly journals PENGARUH KINERJA KEUANGAN DAN CORPORATE SOCIAL RESPONSIBILITY TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN SEKTOR PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA

2019 ◽  
Author(s):  
Rosa Lia Warti
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Firm Value ◽  
Corporate Responsibility ◽  
Return On Assets ◽  
Return On Equity ◽  
Book Value ◽  
Operating Profit ◽  
Analysis Technique ◽  
Corporate Social

This research as a purpose to know what influence of financialperformance and corporate social responsibility (CSR) on the firm value. Samplefrom this research is thirty two banking companies in Indonesian Stock Exchangeperiod 2014-2015. The data analysis technique used multiple linear regressionanalysis using Eviews. The independent variables are corporate performance(Return On Assets, Return on Equity, Operating Profit Margin, and Net profitMargin), and Corporate Responsibility Social, while the dependent variable is thefirm value (Price Book Value). From the result of tests performed showed thatROA, ROE, OPM, and CSR not significant affect on firm value. Be different withNPM who were statistically significantly firm value

Sign in / Sign up

Export Citation Format

Share Document