Does media exposure moderate the relationship between ownership structure and environmental disclosure quality: evidence from Jordan

Ananzeh, Husam; Bugshan, Abdullah; Amayreh, Ibrahim

doi:10.1108/meq-12-2021-0293

Cited by 16 publications

(15 citation statements)

References 47 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…The method of one-year lags for each of the independent variables is also adopted to account for the likelihood of endogeneity in our regressions (Brammer and Pavelin, 2008; Ananzeh et al. , 2022c).…”

Section: Resultsmentioning

confidence: 99%

“…5.4.2 Lag approach. The method of one-year lags for each of the independent variables is also adopted to account for the likelihood of endogeneity in our regressions (Brammer and Pavelin, 2008;Ananzeh et al, 2022c). There is a higher likelihood of detecting any potentially troubling causal issues if a one-year time interval is introduced between variables of the study.…”

Section: Variables (1)mentioning

confidence: 99%

See 1 more Smart Citation

Political connection, family ownership and corporate philanthropy: empirical evidence from Jordan

Ananzeh

Alshirah

Alshira’h

et al. 2022

JAEE

Self Cite

View full text Add to dashboard Cite

PurposeA key goal of this research is to examine empirically whether politically connected board members are likely to impact corporate philanthropy. A further goal of this study is to contribute to the existing literature by examining the moderating role of political connections on the relationship between family ownership and corporate donations.Design/methodology/approachBased on the content analysis approach, the authors determined the level of cash and in-kind donations made by a group of 94 non-financial Jordanian companies listed on the Amman Stock Exchange. This study examined 658 annual reports spanning over seven years from 2010 to 2016. Ordinary least squares regression (OLS) is used to test the study hypotheses. In addition, this study used the probit regression to validate those results reported by the OLS regression.FindingsCompared to unconnected companies, politically connected companies in Jordan are more likely to donate to philanthropic causes. Moreover, the results revealed that the presence of significant family ownership shareholding in a firm can weaken the firm tendency to donate. Despite this, the regression analysis results indicate that family-controlled firms with political connections are more likely to engage in charitable giving activities compared to those without political nexuses.Research limitations/implicationsThe study contributes to the conversation surrounding corporate giving and sheds light on the role political connections and ownership structure (particularly family-owned firms) play in affecting donations by firms.Practical implicationsManagers of Jordanian firms listed on the stock exchange can use the study's findings to make better decisions about their donations and other philanthropic activities.Originality/valueThis study is the first to examine the relationship between firm donations and political connections in Jordan, and how political nexuses can moderate the relationship between family ownership and corporate donations. Hence, it extends prior research significantly.

show abstract

Section: Resultsmentioning

confidence: 99%

Section: Variables (1)mentioning

confidence: 99%

Political connection, family ownership and corporate philanthropy: empirical evidence from Jordan

Ananzeh

Alshirah

Alshira’h

et al. 2022

JAEE

Self Cite

View full text Add to dashboard Cite

show abstract

“…Scholars have asserted that CSR is necessary for a firm to define its social role, which is indirectly related to its performance (Zhang et al , 2020; Amin et al , 2021; Ananzeh et al , 2021b, Ting, 2021). However, the nature of the relationship between firm social performance and financial performance remains debating and controversial issue that attracts researchers to examine it (Al-Daaya, 2017; Nekhili et al , 2017; Sharabati, 2018; Bhatia and Makkar, 2019, D'amato and Falivena, 2020, Pham and Tran, 2020; Ananzeh et al , 2021a; Ananzeh et al , 2022c). The firms’ social performance has been studied using CSR as a proxy, while the firm performance has been studied using different proxies.…”

Section: Introductionmentioning

confidence: 99%

Do different dimensions of corporate social responsibility disclosure have different economic consequence: multi-approaches for profitability examination

Alshurafat

Ananzeh²,

Al-Hazaima³

et al. 2022

View full text Add to dashboard Cite

Purpose This study examines the impact of Corporate Social Responsibility Disclosure (hereafter CSRD) on the Corporate Economic Performance (hereafter CEP) of a group of public shareholding companies in Jordan. Design/methodology/approach This study uses different proxies to examine the impact of CSRD on companies’ financial and economic value. The data were collected from a sample of 94 companies listed on the Amman Stock Exchange from 2010 to 2016. Based on a checklist of 41 indicators, this study employed the manual content analysis technique to collect and analyse CSRD data. A statistical analysis technique was also used to examine the hypothesized relationships between collected data on CSRD and profitability. Findings The findings indicate that CSRD is value-relevant. It is positively and statistically associated with firm value proxied by Tobin’s Q. In addition, it is positively and statistically associated with firm financial performance proxied by ROE and ROA. Research limitations/implications This study contributes to the research debate on the relationship between CSRD and CEP, particularly in developing nations. The study draws attention to the need for information on different dimensions of CSR, including human resource, environmental, product responsibility, and community participation, as disclosure on such dimensions is positively associated with profitability. Practical implications The findings provide important implications for Jordanian corporate managers to maintain CSRD in their best interest. With more emphasis on disclosing stand-alone CSR reports, corporate managers can present more information on different dimensions of CSR, attracting the attention of stakeholders such as investors, the government, media, and humanitarian activists and enhancing overall corporate goodwill. Originality/value CSRD activities reflect a positive impact on CEP. Due to the dearth of relevant research conducted in developing countries, this study provides empirical evidence on the positive relationship between CSRD and CEP in an emerging economy, with more emphasis on specific dimensions of CSR, including human resources, environmental, product responsibility, and community participation. Since multiple proxies exist to measure profitability, this study uses multi-approaches for profitability examination proxied by Tobin’s Q, ROE, and ROA. Moreover, the issue of CSR is original and interesting to be examined in the Jordanian context, where the listed firms have reported a homogeneous perception of CSR.

show abstract

“…Sustainability is a new concept that attracts the interest of businesses since it covers vital outputs related to companies’ growth and development (Ananzeh et al. , 2022c; Forcadell et al.…”

Section: Introductionmentioning

confidence: 99%

“…Sustainability is a new concept that attracts the interest of businesses since it covers vital outputs related to companies' growth and development (Ananzeh et al, 2022c;Forcadell et al, 2020). Sustainability is an umbrella embracing several aspects related to quality, appropriate environment, customer satisfaction, creativity and innovation, growth, expansion and optimal resource utilization (Malik et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

The role of human resources management in enhancing the economic sustainability of Jordanian banks

Taha

Taha²

2022

JBSED

View full text Add to dashboard Cite

PurposeThe purpose of this study is to examine the role of human resources management (HRM) on economic sustainability in Jordanian banks. To achieve this goal, data were collected from 23 Jordanian banks listed at the ASE from 2014 to 2019.Design/methodology/approachA regression model was employed using four independent variables that represent the HRM (i.e. managing the environment of human resources, human resources acquisition and preparation, human resources assessment and development and human resources compensation) and using economic sustainability as the dependent variable. The study also controlled for banks’ age, size, leverage and return on equity.FindingsResults show that all independent variables are positively correlated with economic sustainability. The results imply that HRM is an important tool to enhance economic sustainability within the banking sector.Originality/valueThis study provides practical implications for banks’ managers, future researchers and policymakers. This is achieved by investigating the impact of the independent variables, including managing the human resources environment, the acquisition and preparation of human resources, the assessment and development of human resources and the compensation of human resources on the economic, social and environmental sustainability in Jordanian banks.

show abstract

Does media exposure moderate the relationship between ownership structure and environmental disclosure quality: evidence from Jordan

Cited by 16 publications

References 47 publications

Political connection, family ownership and corporate philanthropy: empirical evidence from Jordan

Political connection, family ownership and corporate philanthropy: empirical evidence from Jordan

Do different dimensions of corporate social responsibility disclosure have different economic consequence: multi-approaches for profitability examination

The role of human resources management in enhancing the economic sustainability of Jordanian banks

Contact Info

Product

Resources

About