Islamic practices and small and medium enterprises performance: Is corporate social responsibility a missing link?

Aziz, Yasir and Ullah, Rizwan and Mansor, Fadillah and Haji Abdullah, Luqman (2022) Islamic practices and small and medium enterprises performance: Is corporate social responsibility a missing link? Journal of Public Affairs, 22 (2). ISSN 14723891, DOI https://doi.org/10.1002/pa.2314.

Full text not available from this repository.

Abstract

We examined the role of Islamic practices: Islamic work ethics, Islamic social finance, and religiosity in financial and environmental performances with corporate social responsibility (CSR) as a mediator. We collected data from 241 Pakistani enterprises through survey and applied structural equation modeling in AMOS. The results showed that Islamic work ethics and Islamic social finance have insignificant effects on financial performance but a significant influence on environmental performance. Religiosity has a significant effect on financial but an insignificant influence on environmental performance. Islamic practices significantly improve CSR activities in the SMEs, resulting in financial and environmental performances. Our research further showed that CSR partially mediates the effects of Islamic practices on financial and environmental performances. Top management of the SMEs is suggested to follow Islamic practices in order to configure their performance (financial and environmental). This research suggests policy implications for the policy makers to encourage Islamic practices in business dealing and trading in order to configure CSR and environmental practices. © 2020 John Wiley & Sons, Ltd.

Item Type: Article
Funders: None
Uncontrolled Keywords: Islamic work ethics'; Islamic social finance; Religiosity in financial; Environmental performances
Subjects: B Philosophy. Psychology. Religion > BP Islam. Bahaism. Theosophy, etc > Islam
Divisions: Academy of Islamic Studies > Dept of Fiqh & Usul
Academy of Islamic Studies > Dept of Syariah & Management
Depositing User: Ms. Juhaida Abd Rahim
Date Deposited: 06 Nov 2023 05:14
Last Modified: 06 Nov 2023 05:14
URI: http://eprints.um.edu.my/id/eprint/43486

Actions (login required)

View Item View Item