The Toll Free Expressway Policy for Part of Vehicles on Major Holidays Choice of Compensation Basis

2013 ◽  
Vol 409-410 ◽  
pp. 1325-1329
Author(s):  
Shu Li Shen ◽  
Guo Jie Zhao
Keyword(s):  
Listed Companies ◽  
Annual Reports ◽  
Proper Solution ◽  
Compensation Mechanism ◽  
The Core ◽  
Dea Models ◽  
Core Issue ◽  
Low Efficiency ◽  
Corporate Social ◽  
First Time

In 2012, for the first time China implemented the toll free expressway policy for part of vehicles on major holidays. However, there is no universal compensation mechanism thereafter. How to choose the compensation basis is the core issue of establishing such a mechanism. A proper solution is to choose suitable data of listed expressway companies as the basis. Factors including corporate social responsibility and compensation theory being taken into account, listed companies with an over 95% ratio of toll operations are sifted out, and part of companies with low efficiency are wiped out by DEA Models. 5 listed companies stand out from data sieving on Annual Reports 2012. Data can serve as the compensation basis of the year.

APAKAH GOOD CORPORATE GOVERNANCE DAN CORPORATE SOCIAL RESPONSIBILITY BERPENGARUH TERHADAP PROFITABILITAS PERUSAHAAN LQ45?

2019 ◽  
Vol 4 (1) ◽  
pp. 14
Author(s):  
Novia Eka Sariantono ◽  
Luh Putu Mahyuni
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Secondary Data ◽  
Listed Companies ◽  
Annual Reports ◽  
Return On Equity ◽  
Good Corporate Governance ◽  
Corporate Social

Do Good Corporate Governance and Corporate Social Responsibility Influence Profitability of LQ45 Listed Companies. This study aims to examine the influence of good corporate governance and corporate social responsibility on profitability of LQ45 listed companies in Indonesia Stock Exchange. The data analyzed were secondary data in the form of annual reports and sustainability report. The data were analyzed using multiple linear regression. The results of this research indicate: (1) Good corporate governance (GCG) has a significant effect on profitability of LQ45 listed companies; (2) Corporate social responsibility (CSR) does not have a significant effect on profitability of LQ45 listed companies. This research provides empirical evidence that implementation of GCG could influence profitability, while the implementation of CSR does not influence profitability. Keywords: Good corporate governance, corporate social responsibility, independent commissioner board, corporate social responsibility, disclosure index, return on equity

The determinants of corporate social responsibility disclosure: evidence from Vietnam’s listed companies in chemical industry

2020 ◽  
Vol 20 (1) ◽  
Author(s):  
Nguyen Thuy Anh ◽  
Hue Ly Tran ◽  
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Chemical Industry ◽  
Listed Companies ◽  
International Standards ◽  
Annual Reports ◽  
Reporting Framework ◽  
Chemical Companies ◽  
Csr Disclosure ◽  
Corporate Social

This paper aims to observe corporate social responsibility (CSR) disclosure and to identify the determinants of CSR disclosure (CSRD) of Vietnam’s listed companies in chemical industry from 2014 to 2017. A rating system was built by incorporating the comprehensive Global Reporting Initiatives (GRI) reporting framework to measure firm’s CSR disclosure. The financial data was collected from FiinPro and manually collected from annual reports. The findings show that CSRD in Vietnam’s chemical companies is still inadequate, and most of the firm disclosure is far below the international standards. In addition, it is found that firm size, profitability and female board members have a positive correlation with CSR disclosure. On the other hand, CEO gender has a significant relationship with CSR disclosure. The results strengthen the previous studies and give more detailed implications to managers in this industry.

scholarly journals The Impact of Corporate Social Responsibility on the Financial Performance of Listed Companies in Thailand

2021 ◽  
Vol 13 (16) ◽  
pp. 8920
Author(s):  
Muttanachai Suttipun ◽  
Pankaewta Lakkanawanit ◽  
Trairong Swatdikun ◽  
Wilawan Dungtripop
Keyword(s):  
Financial Performance ◽  
Negative Impact ◽  
Positive Impact ◽  
Stock Exchange ◽  
Panel Data Analysis ◽  
Descriptive Analysis ◽  
Listed Companies ◽  
Annual Reports ◽  
Corporate Social ◽  
The Impact

This study aims to: (1) investigate the amount of corporate social and environmental responsibility (CSR) spending, awards, and activities of listed companies in the Stock Exchange of Thailand (SET) and in the Market for Alternative Investment (MAI); (2) test the impact of CSR spending, awards, and financial performance activities; and (3) examine the amount of CSR spending, awards, and activities between companies with and without a CSR committee. The sample included all the listed companies in the resource industry from the SET and the MAI. The data were collected from the companies’ annual reports from 2015 to 2019. Descriptive analysis, an independent-sample t-test, a correlation matrix, and an unbalanced panel data analysis were used to analyze the data. The average level of spending per activity was 2.2964 million baht. There were, on average, 2.1741 awards and 11.4178 activities during the studied period. Moreover, there was a significant negative impact of CSR spending, and a positive impact of CSR awards and activities, on corporate financial performance. Finally, there was a significantly different amount of CSR spending, awards, and activities between the companies with and without a CSR committee. The findings of this study demonstrate that legitimacy theory can be used to explain the benefit of CSR to Thai-listed companies, although CSR is still a voluntary corporate responsibility in Thailand.

scholarly journals CONSTRUCTION OF CORPORATE SOCIAL RESPONSIBILITY (CSR) DISCLOSURE INDEX AND ITS PRACTICES BY LISTED COMPANIES IN OMAN

2021 ◽  
pp. 57-68
Keyword(s):  
Corporate Governance ◽  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Listed Companies ◽  
Annual Reports ◽  
Governance System ◽  
Corporate Governance System ◽  
Csr Disclosure ◽  
Code Of Corporate Governance ◽  
Corporate Social

The importance of Corporate Social Responsibility has been acknowledged greatly as an objective of business sustainability. Whereas the measurement of CSR is always a source of argument among researchers. There are different approaches identified and used by researchers to measure CSR. The main objective of this study is to measure CSR disclosure by constructing an index based on content analysis. The study used the data of non-financial listed companies' annual reports to construct an index for the period 2016, 2017, 2018, and 2019. Thus, 291 firm-year observations are used in this study to construct and measure the CSR disclosure index. 40 elements are used to measure CSR disclosure based on five sub-themes. The result of the study reveals that as CSR disclosure requirement is mandatory in Oman according to the new corporate governance system, thus the listed companies are trying to cope and developing CSR charters. The evidence indicates that some companies have high CSR disclosure while few companies are still struggling with developing CSR charter and disclosing their activities. However, CSR disclosure improves significantly from 2016 to 2019, which shows a strict implementation of the code of corporate governance.

scholarly journals The impact of web marketing on corporate social responsibility (CSR) and firms' performance

2021 ◽  
Vol ahead-of-print (ahead-of-print) ◽  
Author(s):  
Mohammed Muneerali Thottoli ◽  
K.V. Thomas
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Stock Exchange ◽  
Listed Companies ◽  
Annual Reports ◽  
Content Type ◽  
Web Marketing ◽  
Corporate Social ◽  
Google Search ◽  
The Impact

PurposeThe current study seeks to examine the impact of web marketing (through the company's website) on corporate social responsibility (CSR) and firms' performance across companies listed in the Muscat Stock Exchange (MSX), Oman.Design/methodology/approachThis research analyses qualitative and exploratory data taken from companies' website, annual reports (the financial year 2019), Google search and CSR report from 69 out of total 117 listed companies in the MSX to analyze the impact of web marketing on CSR and firms' performance proxied by return of assets (ROA), return of equity (ROE) and Tobin's Q (TQ).FindingsWeb marketing on CSR positively affects firms' performance. Especially, the positive effect of web marketing on firms' performance is stronger for listed companies. Web marketing enhances financial performance proxied by ROA, ROE and TQ.Practical implicationsThe research findings provide new insights that are able to enlighten governing bodies in Oman to make standardized compulsory CSR spending (say, 0.5% on profit after tax) by listed companies in MSX.Originality/valueThis research presents evidence that web marketing on CSR can increase firms' performance and brand image among stakeholders. This is the first study to examine the impact of web marketing on CSR and firms' performance using empirical data in Oman.

Corporate Social Disclosures by Indonesian Listed Companies: A Pilot Study

2007 ◽  
Vol 3 (3) ◽  
pp. 26-34 ◽  
Author(s):  
Juniati Gunawan
Keyword(s):  
Design Methodology ◽  
Listed Companies ◽  
Research Area ◽  
Energy Resources ◽  
Annual Reports ◽  
Analysis Method ◽  
Content Type ◽  
Independent Variables ◽  
Content Analysis Method ◽  
Corporate Social

PurposeAs one of the world's leading producers of energy resources, offering a large domestic market and workforce, Indonesia is susceptible to the issue of corporate social responsibility. As this research area is considered relatively new in the Indonesian context, the purpose of this paper is to provide useful information and describe early pictures of corporate social disclosure (CSD) practices in Indonesia.Design/methodology/approachThis study examines the extent of CSD in Indonesian listed companies. Content analysis method is applied to analyse the companies' annual reports. An exploratory study was also carried out to find the motivation of the companies in making CSD, as well as the perceived importance of CSD information by Indonesian stakeholders. Finally, some preliminary independent variables were selected to be examined in their relationships to the extent of CSD.FindingsThe results show that the most important information on CSD perceived by the stakeholders is about “products” while information about “community” is perceived as the least important. However, “community” is considered as the most influence party of CSD for the companies. Additionally, there are three main motives for the Indonesian listed companies in conducting CSD: “to create positive image”, to “act accountability” and to “comply with stakeholders' needs”. This study also indicates that the extent of CSD in Indonesian listed companies is very low. Further, the correlation examinations demonstrate that the majority of null hypotheses were accepted.Originality/valueThere is currently a level of research or invent CSD practices in developing countries. This paper helps to fill some of this gap.

scholarly journals Environmental Reporting Practices of Top Public Listed Companies: Analyzing Pre-Post Corporate Social Responsibility Framework

2018 ◽  
Vol 2 (1) ◽  
pp. 50
Author(s):  
Haslinda Yusoff ◽  
Siti Hazwani Kamaruddin ◽  
Erlane K. Ghani
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Listed Companies ◽  
Influential Factor ◽  
Annual Reports ◽  
Environmental Reporting ◽  
Reporting Practices ◽  
Before And After ◽  
Corporate Social ◽  
Post Period

This study examines the environmental reporting practices of the top public listed companies in Malaysia, before and after the introduction of the Corporate Social Responsibility Framework. Specifically, this study examines the level of extensiveness of environmental disclosures among the top public listed companies. In addition, this study identifies the factors that influence the environmental reporting practices of the top public listed companies. The factors examined in this study include industry sector, ISO certification, size and profitability. Using content analysis on the corporate annual reports of 50 top publicly listed companies, this study shows that greater environmental reporting practices was found in the post-period of the framework. This study also shows that the factors influencing environmental reporting practices among the top public listed companies vary between the pre-period and the post-period. The findings of this study implicate that regulatory initiatives represent an influential factor in promoting environmental accountability via reporting practices among the companies in Malaysia.

scholarly journals Corporate characteristics, social responsibility reporting, and financial performance: Evidence in Thailand

2014 ◽  
Vol 12 (1) ◽  
pp. 836-846 ◽  
Author(s):  
Muttanachai Suttipun
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Financial Performance ◽  
Listed Companies ◽  
Annual Reports ◽  
Corporate Financial Performance ◽  
Corporate Social Responsibility Reporting ◽  
Corporate Social ◽  
The Relationship

This study aims to test the relationship between corporate characteristics, social responsibility reporting, and financial performance. The 2011-2012 annual reports of 220 Thai listed companies are used to measure the extent of corporate social responsibility reporting by word counting. The results indicate that there are significant differences in the level of corporate social responsibility reporting between groups of auditor type and corporate social responsibility award. The type of auditor and a previous corporate social responsibility award have a significant effect on the level of corporate social responsibility reporting. The level of corporate social responsibility reporting, and the type of industry are found to significantly influence corporate financial performance

Corporate social disclosures in Indonesia: stakeholders’ influence and motivation

2015 ◽  
Vol 11 (3) ◽  
pp. 535-552 ◽  
Author(s):  
Juniati Gunawan
Keyword(s):  
Developing Countries ◽  
Design Methodology ◽  
Listed Companies ◽  
Stakeholder Group ◽  
Annual Reports ◽  
Content Type ◽  
Main Motivation ◽  
Upper Level ◽  
Corporate Social ◽  
Practical Implications

Purpose – This study aims to investigate stakeholders’ influence and motivation for Indonesian listed companies in practicing corporate social disclosures (CSDs) in their annual reports. Design/methodology/approach – A questionnaire was distributed to the upper level of management in the companies and attained 252 respondents. Findings – The findings show that “community” is the most stakeholder group that influence the practice of CSD and “creating a positive image” is the main motivation from companies in providing CSD. Practical implications – The research supports the majority of studies in CSD areas, especially in developing countries. Originality/value – Based on questionnaires, enriched by field visits and interviews, this paper provides evidence about stakeholder’s influences and company motivations in practising CSD. The study is valuable to understand the information disclosed in annual reports from both stakeholders’ and companies perspectives.

The relationship between board of directors’ structure and company ownership with corporate social responsibility disclosure

Humanomics ◽  
2017 ◽  
Vol 33 (4) ◽  
pp. 398-418 ◽  
Author(s):  
Mahdi Salehi ◽  
Hossein Tarighi ◽  
Malihe Rezanezhad
Keyword(s):  
Social Responsibility ◽  
Board Of Directors ◽  
Stock Exchange ◽  
Institutional Ownership ◽  
Listed Companies ◽  
Annual Reports ◽  
Family Ownership ◽  
Managerial Ownership ◽  
Content Type ◽  
Corporate Social

Purpose This study aims to examine the effect of the structure of board of directors and company ownership on social responsibility disclosure of listed companies on the Tehran Stock Exchange. Design/methodology/approach The variables of the study included independent board of directors, institutional ownership, managerial ownership, family ownership and family-managerial ownership. The study population consisted of 125 listed companies on the Tehran Stock Exchange during the years 2009-2014. Content analysis used to measure social responsibility disclosure level and test hypothesis was performed using multiple regression analysis. Findings The results demonstrated that there was no significant relationship between any of the independent variables and the level of social responsibility disclosure. This study empirically shows managers, investors and other stakeholders that if business owners are made of different groups, namely, institutional ownership, managerial and family ownership, it will not affect the social responsibility disclosure in annual reports. Originality/value The outcomes of the current study may bridge the gap between social responsibility disclosure and ownership structure in a developing country like Iran.

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