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.

Financial impact of stakeholder policy in conditions of economic instability: An empirical analysis of panel data

2020 ◽  
Vol 19 (4) ◽  
pp. 764-779
Author(s):  
I.R. Badykova
Keyword(s):  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Fixed Effects ◽  
Corporate Financial Performance ◽  
Informational Efficiency ◽  
Long Run ◽  
The Social ◽  
Education And Development ◽  
Corporate Social

Subject. The article deals with a policy towards corporate stakeholders as a tool to enhance financial performance. Objectives. The study aims at conceptualizing and presenting in a systematic way the accumulated knowledge on stakeholders' impact on business; identifying the influence of employee-related corporate policy on corporate financial performance in conditions of the informationally inefficient Russian market. Methods. I employ general theoretical methods, including synthesis, deduction and induction, quantitative and empirical methods, namely the analysis of balanced panel data based on the application of random-effects and fixed-effects models. Results. I conducted an empirical research to determine the relation between corporate social responsibility towards one of the most important stakeholder groups, i.e. the employees, and the corporate financial performance. The relation between expenditures on employees' education and development and the EBITDA margin was statistically insignificant. The value of coefficient using the core variables is negative for both models. Conclusions. The analysis shows that against the backdrop of prolonged economic stagnation and weak market informational efficiency in Russia, the social responsibility towards company employees as measured by expenses on retraining and professional development has no statistically significant effect on financial performance. It is perceived as a discretionary expenditure, negatively affecting the financial results. However, in efficient financial markets, these expenses are viewed as investments, which in the long run may demonstrate positive results.

scholarly journals The relationship between corporate social responsibility and corporate financial performance: Evidence from a developing country

2015 ◽  
Vol 12 (3) ◽  
pp. 474-487 ◽  
Author(s):  
Moazzem Hossain ◽  
Md Maruf Hossan Chowdhury ◽  
Robert Evans ◽  
Aklema Choudhury Lema
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Developing Country ◽  
Corporate Financial Performance ◽  
Environmental Reporting ◽  
Return On Assets ◽  
Report Data ◽  
Corporate Social ◽  
The Relationship

We investigate the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) in a developing country context using annual report data from a sample of 131 firms over a 5 year period (2008-2012). Legitimacy theory and stakeholder theory underpin the study. We find a positive and significant relationship between CSR and CFP when using accounting measures of return on assets and equity, but an insignificant relationship when using the market based Tobin’s Q. The moderating effect of organisational governance on measures of workplace and environmental reporting is found to be important in a less developed economy

scholarly journals Pelaksanaan Corporate Social Responsibility (CSR) dan Kinerja Perusahaan Manufaktur di Indonesia

2019 ◽  
Vol 18 (1) ◽  
pp. 11
Author(s):  
Hartini Hartini ◽  
Dwi Hartini Rahayu
Keyword(s):  
Corporate Social Responsibility ◽  
Firm Performance ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Stock Exchange ◽  
Data Set ◽  
Performance Variables ◽  
Panel Data Regression ◽  
Corporate Social

<p><strong><em>Abstra</em></strong><strong><em>k</em></strong><strong> </strong><strong></strong></p><p><strong><em>Tujuan – </em></strong><em>Penelitian ini bertujuan untuk menguji praktek tanggung jawab sosial di Indonesia dan hubungannya dengan kinerja perusahaan. <strong></strong></em></p><p><strong><em>Desain</em></strong><strong><em>/M</em></strong><strong><em>etodologi</em></strong><strong><em>/</em></strong><strong><em>Pendekatan </em></strong><em>– Kumpulan data panel dikumpulkan dari Bursa Efek Indonesia selama periode 2010-2014 untuk mengukur GRI sebagai proksi variabel CSR dan kinerja keuangan (ROA, ROE dan EVA). Regresi data panel berganda digunakan untuk menganalisis pengaruh CSR terhadap kinerja perusahaan.<strong></strong></em></p><p><strong><em>Hasil – </em></strong><em>Penelitian ini</em><em> menemukan bahwa praktik CSR hanyalah pemenuhan kewajiban dan tidak berpengaruh pada kinerja</em></p><p><strong><em>Keterbaruan</em></strong><strong><em>/</em></strong><strong><em>Nilai</em></strong><em> - </em><strong><em> </em></strong><em>Penelitian ini tidak hanya mengukur kinerja keuangan berdasarkan akuntansi (ROA dan ROE) tetapi juga kinerja berbasis pasar (EVA)</em></p><p> </p><p> </p><p><strong><em>Abstract</em></strong><strong> </strong><strong></strong></p><p><strong><em>Proposed – </em></strong><em>This paper aims to </em><em>examine </em><em>the corporate social responsibility practices in Indonesia and it’s relation to firm performance  <strong></strong></em></p><p><strong><em>Design</em></strong><strong><em>/M</em></strong><strong><em>ethodology</em></strong><strong><em>/</em></strong><strong><em>Approach </em></strong><em>– A panel data set gathered from Indonesian Stock Exchange </em><em>during </em><em>the </em><em>2010-2014 period to measured GRI as </em><em>a </em><em>proxy of CSR and financial performance variables (ROA, ROE and EVA). Multiple panel data regression was used to </em><em>analyze </em><em>the effect off CSR to firm performance.<strong></strong></em></p><p><strong><em>Result – </em></strong><em>This result</em><em> found that CSR practice was only an obligation fulfillment and </em><em>had </em><em>no effect on performance</em></p><p><strong><em>Novelty/Value</em></strong><em> - <strong> </strong>This study not only measured financial performance by accounting-based </em>(ROA <em>and </em>ROE) <em>but also </em><em>market-based performance </em>(EVA)<em>  </em></p>

scholarly journals Corporate Social Responsibility and Corporate Financial Performance: An Empirical Literature Review

2021 ◽  
pp. 1-32
Author(s):  
Sonia Boukattaya ◽  
Zyed Achour ◽  
Zeineb Hlioui
Keyword(s):  
Corporate Social Responsibility ◽  
Literature Review ◽  
Social Responsibility ◽  
Financial Performance ◽  
Social Impact ◽  
Empirical Literature ◽  
Future Research ◽  
Corporate Financial Performance ◽  
Content Analysis Method ◽  
Corporate Social

This study aims to present a literature review of recent studies on the relationship between environmental, social and governance (ESG) performance, corporate social responsibility (CSR) and corporate financial performance (CFP) and to provide a path for future researches. Using content analysis method, a total of 88 papers published in renowned journals, over the period 2015-2021, were selected in the review. Several findings have been made: first, the majority of researches have focused on the CSR’s “social impact” hypothesis on CFP; the reverse relationship seems to have been overlooked. Second, the contested results are likely to be attributable both to differences in research contexts and CSR’ laws but also to biases relating to the operationalization of CSR concept and CFP proxies retained. Finally, several arguments are advanced arguing for an indirect link between CSR and CFP. Future research should, therefore, pay attention to the different contingent variables that are likely to affect the studied relationship.

scholarly journals PENGARUH CORPORATE SOCIAL RESPONSIBILITY TERHADAP KINERJA KEUANGAN PADA PERUSAHAAN PROPERTI DAN REAL ESTATE YANG TERDAFTAR DI BURSA EFEK INDONESIA TAHUN 2013-2017

2019 ◽  
Vol 6 (2) ◽  
pp. 245
Author(s):  
Rahmelia Ahyani ◽  
Windhy Puspitasari
Keyword(s):  
Corporate Social Responsibility ◽  
Data Collection ◽  
Real Estate ◽  
Social Responsibility ◽  
Financial Performance ◽  
Corporate Financial Performance ◽  
Significant Positive Effect ◽  
Sample Collection ◽  
Corporate Social ◽  
Positive Effect

<p><em>This study aims to examine the effect of Corporate Social Responsibility (CSR) on Financial Performance on Return On Assets (ROA), Return On Equity (ROE) and Net Profit Margin (NPM). The population used in this study is the Sub-Sector Services company of Property and Real Estate listed on the Indonesia Stock Exchange in 2013-2017. Data collection used purposive sampling method which aims to determine the samples taken with certain criteria and objectives, deliberate data collection to be included in the criteria according to the research. Based on sample collection techniques obtained as many as 175 companies.</em></p><p><em>The results found that 1) Corporate Social Responsibility (CSR) had a significant positive effect on corporate financial performance as measured by ROA, 2) Corporate Social Responsibility (CSR) had a significant positive effect on corporate financial performance as measured by ROE, and 3) Corporate Social Responsibility (CSR) had a significant positive effect on the company's financial performance as measured by NPM. This research has implications for the property and real estate industry sector in improving its financial performance through CSR disclosure considering the higher the corporate social responsibility disclosure, the higher the company's financial performance.</em></p>

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