An empirical examination of the relationship between corporate social responsibility disclosure and financial performance in an emerging market

Saleh, Mustaruddin and Zulkifli, Norhayah and Muhamad, Rusnah (2008) An empirical examination of the relationship between corporate social responsibility disclosure and financial performance in an emerging market. In: 16th Annual Conference on Pacific Basin Finance Economics Accounting Management (PBFEAM), 2-4 July 2008, Brisbane, Australia.

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Abstract

This study, using longitudinal data analysis, attempts to address the question of whether CSR is linked to financial performance for PLCs in Malaysia. Despite CSR disclosure being at a nascent stage in Malaysia, the findings of this study solidly support the outcome of the majority of results in developed markets. It was found to be positively related to financial performance. This suggests that local firms can achieve advanced levels of financial performance if they engage in social activities. The findings also confirm that there is limited evidence of a significant effect of CSR on financial performance in a long-term relationship.

Item Type: Conference or Workshop Item (Paper)
Uncontrolled Keywords: Corporate Social Responsibility (CSR); Corporate Financial Performance (CFP); Fixed Effects (FE) model; Random Effects (RE) model; Bursa Malaysia .
Subjects: H Social Sciences > HC Economic History and Conditions
H Social Sciences > HF Commerce > Business
Divisions: Faculty of Business and Accountancy > Dept of Financial Accounting and Audit
Depositing User: Ms Saidatul Azura Radzi
Date Deposited: 08 Jun 2015 03:56
Last Modified: 23 Oct 2018 02:05
URI: http://eprints.um.edu.my/id/eprint/13520

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