Financial Performance and Gender Diversity: The Moderating and Mediating Effect of CSR Disclosure and Expenditure of Listed Firms in India

Oware, Kofi Mintah; Mallikarjunappa, T.

doi:10.1177/09722629211001985

Cited by 7 publications

(7 citation statements)

References 54 publications

(112 reference statements)

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“…Bank Central Asia, Tbk., one of the companies on the Kompas 100 Index Issuer as the largest banking company in Indonesia was able to show optimal performance throughout 2021 so that stakeholders responded positively and the allocation of CSR became a priority. Research conducted by the references [35][36][37][38][39][40] state that CSR affects Stock Return.…”

Section: Discussionmentioning

confidence: 99%

The Effect of COVID-19 Pandemic on Stock Return of Kompas 100 Index

Hafidzi¹,

Satoto²,

Supeni³

2023

IJSDP

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The COVID-19 pandemic has had a huge impact on all aspects of the company's life cycle. Some companies are even unable to maintain optimal performance like before during the pandemic. Corporate social responsibility activities that are considered to provide good faith to the good name of the company that contribute to increasing stock returns. However, corporate social responsibility activities are maximized because the costs are chosen for activities around the environment carried out by large-scale companies on the Compass Index 100. This study aims to determine the effect of corporate social responsibility and company size on stock returns through Return on Equity in companies listed on Kompas 100 Index after the COVID-19 Pandemic. The population in this study covers all companies that are members of the Kompas 100 Index and are registered with Indonesia Stock Exchange (IDX). The sample method used is purposive sampling. The data analysis technique used is Structural Equation Modeling (SEM) analysis. The results showed that corporate social responsibility and company size affect Return on Equity and stock returns, and Return on Equity affects stock returns. The demand for shares of companies listed on the Kompas 100 Index is classified as the most consistent because it takes into account the company's sustainability in the future by allocating corporate social responsibility costs to build the company's good name. Corporate social responsibility activities are the example of the company's concern for the surrounding environment which aims to be able to increase the company's Return on Equity. In line with the higher level of Return on Equity, the size of the company as measured by total assets has also increased.

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Section: Discussionmentioning

confidence: 99%

The Effect of COVID-19 Pandemic on Stock Return of Kompas 100 Index

Hafidzi¹,

Satoto²,

Supeni³

2023

IJSDP

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“…CSR expenditure is the amount invested by the company in corporate social activities. It is converted into a natural logarithm to remove outliers (Oware & Mallikarjunappa, 2021).…”

Section: Variables and Data Collectionmentioning

confidence: 99%

Section: Csr: Indian Contextmentioning

confidence: 99%

“…CSR expenditure is the amount invested by the company in corporate social activities. It is converted into a natural logarithm to remove outliers (Oware & Mallikarjunappa, 2021). Determinants of cash holdings provided from the literature (Dittmar & Mahrt‐Smith, 2007) were used as control variables for this research.…”

Section: Variables and Data Collectionmentioning

confidence: 99%

“…They have not investigated the CSR performance based on the Corporate Social Responsibility Expenditure value (in future CSRE). Previous studies have consistently demonstrated that a company's investment in CSR initiatives has a meaningful impact on its financial performance (Oware & Mallikarjunappa, 2021). The conclusion drawn from the study could not be generalized to a specific sector because previous studies have considered multiple sectors in their sample (Arouri & Pijourlet, 2015; Jadiyappa, Joseph, et al, 2021).…”

Section: Introductionmentioning

confidence: 99%

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Does corporate social responsibility spending affect cash ratio: Evidence from central public sector enterprises

Khatri,

Bhatia

2024

Bus Strat Dev

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The researcher examines the effect of spending on corporate social activities on cash holdings. The financial dataset was collected using the Prowess database and corporate social responsibility expenditure from the Indian CSR portal. Using a panel dataset of 12 Central Public Sector Enterprises indexed in the National Stock Exchange was considered as a sample for the current research. A random effect model was applied to test the hypothesis. The study's findings provide a positive indication of the causal effect of spending in corporate social activities on cash holdings. The author has considered the expenditure amount of corporate social responsibility on the sample of public sectors undertaking of India. As in previous studies, authors had considered CSR ratings. This study provides proficient information to the top management level, shareholders, and stakeholders of the Central Public Sector Enterprises regarding the disbursement of corporate social activities in India.

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