Effect of Corporate Social Responsibility Disclosure on Financial Performance of Multinational Companies in Nigeria

This study aims to examine and analyze the influence of sustainability report disclosure, financial performance, non-financial performance on firm value with industry type as a moderating variable. The sample used in this study are companies that listed on the Indonesia Stock Exchange (IDX) and publish sustainability report for the period 2012-2016. Testing was done by using multiple regression analysis with moderation regression analysis method. The result of this research are: (1) corporate social responsibility disclosure has an positif effect on firm value, (2) financial performance has an positif effect to firm value, (3) non financial performance has no effect on firm value, (4) industry type not moderating the influence of corporate social responsibility disclosure on firm value (5) industry type not moderating the influence of financial performance on firm value, and (6) industry type not moderating the influence of non financial performance on firm value.

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Corporate Social Responsibility Disclosure and Financial Performance of Shariah PLCS in Malaysia

International Journal of Academic Research in Business and Social Sciences ◽

10.6007/ijarbss/v11-i6/10155 ◽

2021 ◽

Vol 11 (6) ◽

Author(s):

Muhamad Fikri Aziz ◽

Razali Haron

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Corporate Social Responsibility Disclosure ◽

Corporate Social

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Financial Performance, Intellectual Capital and Corporate Social Responsibility Disclosure in the Manufacturing Sector

Proceedings of the 2nd International Research Conference on Economics and Business ◽

10.5220/0008783802370245 ◽

2018 ◽

Author(s):

Ayu Ambang Lestari ◽

Lilik Handajani ◽

Eni Indriani

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Intellectual Capital ◽

Manufacturing Sector ◽

Corporate Social Responsibility Disclosure ◽

Corporate Social

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Determinant of Stock Price: Evidence on Food and Beverage Companies in Indonesia

ETIKONOMI ◽

10.15408/etk.v18i1.10987 ◽

2019 ◽

Vol 18 (1) ◽

Author(s):

Indo Yama Nasarudin ◽

Suhendra Suhendra ◽

Luthfia Farida Anggraini

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Stock Price ◽

Stock Exchange ◽

Partial Least Square ◽

Equation Modeling ◽

Corporate Social Responsibility Disclosure ◽

Food And Beverage ◽

Corporate Social

One aspect that concerns investors in valuing stocks is financial performance. The better the company's financial performance will increase the demand for the company's shares, so that it can also increase the company's stock price. The purpose of this research to examine the effect of Financial Performance which is measured by using Earning per Share, Net Profit Margin, Retun On Equity, Firm Size which is measured by Total Revenue, Total Asset,, and Corporate Social Responsibility Disclosure which is measured by Economic Aspects, Environmental Aspects,Social Aspect to the Extend of stock price on food and beverage sector companies in Indonesia Stock Exchange. The stock price data was used the stock price determined by the closing price.The sample collection method has been done by using purposive sampling method and eleven of eighteen companies, which are listed in Indonesia Stock Exchange in the years of 20013-2017, are used as the research samples. The method used in this study was Structural Equation Modeling Partial Least Square (SEM-PLS). The result of the research shows that the variable Financial Performance was significantly influenced stock price. variable Firms Size was significantly influenced stock price, and variable Corporate Social Responsibility Disclosure was significantly influenced stockprice.

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Impact of Companies’ Characteristics on the Relationship between Corporate Social Responsibility Disclosure and Corporate financial Performance - An Empirical Analysis

Studies of Applied Economics ◽

10.25115/eea.v39i7.4979 ◽

2021 ◽

Vol 39 (7) ◽

Author(s):

Sayeed Zafar Qazi ◽

Parvesh Kumar Aspal

Keyword(s):

Corporate Social Responsibility ◽

Social Responsibility ◽

Financial Performance ◽

Empirical Support ◽

Corporate Financial Performance ◽

Economic Point ◽

Corporate Social Responsibility Disclosure ◽

Corporate Social ◽

The Impact ◽

The Relationship

Strategic managers are persistently accosting with the decision of switching the scared corporate resource for the community welfare to balance the shareholders’ and multiple stakeholders’ interests. Corporate houses are presumed to not only intensify the economic priorities of investors, but must also consider the community and environmental ramifications as well. Presently, corporations are in dilemma over whether investment in corporate social responsibility (CSR) initiatives will be a cost or gain from an economic point of view. For this purpose, the association between CSR disclosure and corporate financial performance has been empirically explored and also the company characteristic has been considered as a significant and interesting factor influencing the association between CSR and corporate financial performance. The prime objective of the present paper is to examine the impact of companies’ characteristics i.e., Age of company on the relationship between corporate social responsibility disclosure and corporate financial performance. Panel data regression statistical technique has been applied to investigate and analyze the relationship. The findings of the study reveal that companies CSR have significant influence on their financial performances. But, on the other hand the company characteristic, age of the company has no significant impact on the corporate financial performance. The findings are found consistent with earlier studies, which validate the company’s venture in undertaking the CSR initiatives. The present study addresses theoretical as well as empirical support and inspiration for the corporations towards CSR initiatives.

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