Strategic Corporate Social Responsibility (CSR), Company Financial Performance, and Earning Response Coefficient: Empirical Evidence On Indonesian Listed Companies

Sayekti, Yosefa

doi:10.1016/j.sbspro.2015.11.054

Cited by 34 publications

(45 citation statements)

References 21 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Agency Theory Agency theory explains the agency relationship between the shareholder as principal and the manager as agent. This relationship occurs when one or more individuals as the principal pay / exploit other individuals or organizations to perform a number of services and delegate decision-making authority to the designated individual or organization, called the agent [8,11,13]. Robinson and Pearce stated that the owner's interest might be neglected given the separation between the agent and the owner [11].…”

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

“…Stakeholder theory includes values, legal compliance, community, and environmental awards, and the business world's commitment to contributing to sustainable development. Freeman stated the assumptions that business activity explicitly and undeniably has value [8,11,12].…”

Section: B Stakeholder Theorymentioning

confidence: 99%

“…The expectation is that, through the company's CSR activities, it will gain legitimacy and recognition from the public. Thus, when this legitimacy has been established, the company can easily engage in its activities to achieve maximum performance and profit [3,8,11,12].…”

Section: Legitimacy Theorymentioning

confidence: 99%

“…Many comparison ratios can be used to analyze a company's performance. Such ratios include the liquidity ratio, solvency ratio, activity ratio, profitability ratio, and investment ratio [11]. The profitability ratio is commonly used to evaluate a company's performance and reflects the company's ability to earn profits by using all available resources through sales activity, cash, capital, number of employees, number of branches, and others [11].…”

Section: Introductionmentioning

confidence: 99%

“…Rhou, Singal, and Koh found that restaurant companies or restaurants that conduct CSR activities experience increased financial gains [2]. The adoption of strategic and non-strategic CSR has a significant positive and negative impact on corporate financial performance [11].…”

Section: Introductionmentioning

confidence: 99%

See 4 more Smart Citations

The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016

Sandewa¹,

Baskoro²

2019

Proceedings of the 3rd Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2018)

View full text Add to dashboard Cite

The objective of this research is to analyze the impact of corporate social responsibility (CSR) on company performance for non-financial companies in the ASEAN-5-Indonesia, Malaysia, Singapore, Thailand, and the Philippines-during the 2012-2016 period. This research uses the fixed effect regression model. The results indicate that CSR has a negative and significant relationship to company performance for non-financial companies in the ASEAN-5. So that, companies with strong CSR are expected to have reduced company performance.

show abstract

Section: Literature Review and Hypothesis Developmentmentioning

confidence: 99%

Section: B Stakeholder Theorymentioning

confidence: 99%

Section: Legitimacy Theorymentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

Section: Introductionmentioning

confidence: 99%

See 3 more Smart Citations

The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016

Sandewa¹,

Baskoro²

2019

Proceedings of the 3rd Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2018)

View full text Add to dashboard Cite

show abstract

Water resource management and financial performance in high water‐sensitive corporates

Yang

et al. 2023

Corp Soc Responsibility Env

View full text Add to dashboard Cite

Water is a valuable resource in the world, and water resource management is an important aspect of corporate social responsibility. Does water resource management affect corporate financial performance? What is the influencing path? To find the potential relationship and influencing mechanism between water resource management and corporate financial performance, based on configuration thinking, we selected 259 A‐share listed manufacturing corporates from 2015 to 2021 as research samples, using fuzzy set qualitative comparative analysis method (fsQCA) to explore the configuration and influencing path of water resource management affecting financial performance. Then we analyzed it with the configuration that CSR score (excluding “environmental responsibility”) affects financial performance. Our results show that: (1) poor water management and low CSR score will lead to bad corporate financial performance, but the former's severity of negative impact on corporate financial performance is more than that of the latter. Specific configurations indicate that companies with little water‐related concrete actions implemented and technology innovation will severely hurt the financial performance. (2) Good water resources management cannot directly achieve high financial performance while high CSR score can make it, indicating that water resource management is a necessary but not sufficient condition for high corporate financial performance. Our research has unmasked the "black box" influencing mechanism of water resource management on corporate financial performance to some extent, which makes the configuration relationship between water resource management and financial performance clearer, therefore owns certain theoretical significance and practical value in the field of CSR and environmental management.

show abstract

Corporate social responsibility and total factor productivity: the case of European mining industry

Yousefian,

Bascompta,

Sanmiquel

et al. 2024

Miner Econ

View full text Add to dashboard Cite

The aim of this research is to investigate the effect of corporate social responsibility (CSR) on total factor productivity (TFP) in the European mining industry, considering micro- and macroeconomic indicators of the relationship between CSR and TFP. Employing data from 40 European mining companies from content analysis, CSR Hub, and the World Bank between 2018 and 2021, this paper utilizes a combination of Data Envelopment Analysis (DEA) and panel regression techniques to test the research hypotheses. The findings suggest that the TFP of European mining firms is positively affected by CSR initiatives implemented by the companies. Also, the empirical results depict that the CSR-TFP relationship is mainly established on institutional criteria. The results also indicate that CSR-related factors, namely, transparency and reporting, training, health and safety, and resource management, are the impacting indicators. The study broadens the horizons of this line of research and can be beneficial to CEOs, managers, experts, policymakers, decision-makers, and economists in the field of mining who are willing to promote responsible and sustainable mining.

show abstract

Strategic Corporate Social Responsibility (CSR), Company Financial Performance, and Earning Response Coefficient: Empirical Evidence On Indonesian Listed Companies

Cited by 34 publications

References 21 publications

The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016

The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016

Water resource management and financial performance in high water‐sensitive corporates

Corporate social responsibility and total factor productivity: the case of European mining industry

Contact Info

Product

Resources

About