Corporate Social Responsibility Disclosure and Firm Performance of Malaysian Public Listed Firms

Razali, Mohd Waliuddin Mohd; Sin, Winnie Hii Sin; Lunyai, Janifer; Hwang, Josephine Yau Tan; Yusoff, Irma Yazreen Md

doi:10.5539/ibr.v11n9p86

Cited by 12 publications

(18 citation statements)

References 17 publications

(30 reference statements)

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“…Firm age also found to be statistically associated with ROA. This finding is consistent with the prior studies by Mohd Razali et al (2018);Schreck (2011).…”

Section: Regression Resultssupporting

confidence: 94%

“…This indicates that the Shariah PLCs in Malaysia with higher CSR involvement have higher profitability as described by the ROA. This finding is consistent with the studies by Bodhanwala and Bodhanwala (2018); Dewi and Monalisa (2016); Mohd Razali et al (2018); Niresh and Silva (2018); Oh and Park (2015); Platonova et al (2018), which also proved the positive association between CSRD and ROA (financial performance).…”

Section: Regression Resultssupporting

confidence: 92%

“…Most of the prior studies on the relationship between CSRD and financial performance in developed countries were conducted or predominantly focused on US and European samples (Alshehhi et al, 2018;Galbreath and Shum, 2012;Saeidi et al, 2015). Evidence from empirical research suggests that several variables influence the relationship between CSRD and firm financial performance such as ROA, ROE, EPS, Tobin's Q, market return, price-earnings ratio and market value added (Lee and Isa, 2020;McWilliams and Siegel, 2010;Platonova et al, 2018;Razali et al, 2018;Waddock and Graves, 1997;Yusoff and Adamu, 2016). However, the recent studies of CSRD and financial performance in developing countries had produced mixed results (Ali et al, 2017;Gi et al, 2015;Suhazeli et al, 2014;Szegedi et al, 2020).…”

Section: Prior Studies On Csrd and Financial Performancementioning

confidence: 99%

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

Aziz¹,

Haron²

2021

IJARBSS

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Corporate social responsibility disclosure (CSRD) has become a critical issue, as evidenced by an increasing number of studies conducted in both developed and developing countries. As such, this study will examine the CSRD of Shariah-compliant PLCs in Malaysia and its relationship to financial performance. From 2007 to 2017, 175 Shariah PLCs listed on Bursa Malaysia's Main Market were chosen as samples for this study. The findings indicate that the level of CSRD in Shariah PLCs in Malaysia remains low. Additionally, the CSRD is positively correlated with financial performance (ROA and Tobin's Q). Also, Muslim directors have a negative correlation with financial performance (ROA and Tobin's Q), whereas board size has no such correlation with ROA or Tobin's Q. There is a need for additional encouragement from the Malaysian government or regulatory bodies to encourage all PLCs to include CSR activities in their annual reports, particularly Shariah PLCs in Malaysia. Future research can therefore examine the determinants and extent of CSRD in Shariah and non-Shariah PLCs in Malaysia or by industry or compare Shariah PLCs to other Shariah PLCs in ASEAN countries (Indonesia,

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“…Firm age also found to be statistically associated with ROA. This finding is consistent with the prior studies by Mohd Razali et al (2018);Schreck (2011).…”

Section: Regression Resultssupporting

confidence: 94%

Section: Regression Resultssupporting

confidence: 92%

Section: Prior Studies On Csrd and Financial Performancementioning

confidence: 99%

See 1 more Smart Citation

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

Aziz¹,

Haron²

2021

IJARBSS

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“…Moreover, firms generate income mainly from its operation and not from CSR projects. Study made by Razali et al, (2018) proved that CSR enhanced financial health of listed firms by providing competitive advantages, improved firm's image and created new opportunities in the marketplace.…”

Section: Regression Modelmentioning

confidence: 99%

Directors’ Remuneration and Corporate Social Responsibility: A Study on Malaysian Listed Firms

Razali

Ying²,

Lunyai³

et al. 2019

AFR

Self Cite

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The main objective of this paper is to examine the relationship between directors' remuneration and Corporate Social Responsibility (CSR) for listed firms in Malaysia. All financial data such as firm size, performance and leverage can be collected from Thomson Reuters DataStream while directors' remuneration and CSR disclosures were collected from annual reports. 377 samples of listed firms on Bursa Malaysia were collected from year 2014 to 2016. The results of this study show that increase director' remuneration motivates the directors to perform higher CSR. The CSR practices should benefit people and firms. Therefore, more benefits gained by public and firms from CSR should not be compensated with low directors' remuneration. The results also show that firm size and leverage have positive relationship with CSR. This study can be extended using other measurements of CSR such as Global Reporting Initiative (GRI), human rights and environmental reporting which could give new insights on the relationship between CSR and directors' remuneration.

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“…In other words, this teory put perception and public recognition as a major boost companies do CSR disclosure as an information in the financial statements. And this study is based on stakeholder theory where based on stakeholder theory, stakeholders will provide full support to the company's activities if CSR disclosure can be done properly, so that the company's goals to improve performance and achieve profits can be achieved (Jones (Lindawati and Eka [15]; Yusoff, et al [16]; Razali, et al [17]). Based on the description, the second hypothesis can be formulated thus:…”

Section: B Corporate Social Responsibility (Csr) Disclosure On Thementioning

confidence: 99%

Intellectual Capital Disclosure and CSR Disclosure on Company Performance

Indaryanti¹,

Lestari²,

Fitriah³

2020

Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)

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The current phenomenon is a decline in performance in Several mining sector companies. On the other hand, it is found that the quality and quantity of information disclosure is still low, such as intellectual capital and Corporate Social Responsibility (CSR) related to environmental activities / conditions of companies in Indonesia. This study aims to Determine the influence of intellectual capital disclosure on company performance, the influence of CSR disclosure on company performance and the influence of intellectual capital disclosure and CSR disclosure on company performance. A sample of 15 coal mining subsector companies listed on the Indonesia Stock Exchange for the 2013-2017 period was Obtained using purposive sampling. The method used in this study and verification method quantitative approach, Data were analyzed using multiple regression statistical techniques. The results showed that the intellectual capital disclosure had a positive and significant effect on company performance, CSR disclosure had no effect on company performance, and intellectual capital disclosure and CSR disclosure had a positive and significant effect on company performance. This study is expected to be a source of information for the government as a regulator of the economy in an effort to increase of the quantity and quality of intellectual capital disclosure and CSR disclosure so that it can have an impact on improving company's performance and to expand the development of economics, especially in accounting.

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Corporate Social Responsibility Disclosure and Firm Performance of Malaysian Public Listed Firms

Cited by 12 publications

References 17 publications

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

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

Directors’ Remuneration and Corporate Social Responsibility: A Study on Malaysian Listed Firms

Intellectual Capital Disclosure and CSR Disclosure on Company Performance

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