The impact of corporate social responsibility disclosure and board characteristics on corporate performance

Riyadh, Hosam Alden; Sukoharsono, Eko Ganis; Alfaiza, Salsabila Aisyah

doi:10.1080/23311975.2019.1647917

Cited by 67 publications

(76 citation statements)

References 64 publications

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“…The theory further argues that firms, which have large board size, can gain access to more resources from the external environment. Some studies on corporate governance affirm this theory and indicate that increasing the size of the board positively impacts the performance of a firm (Chen et al, 2005;Jackling & Johl, 2009;Kiel & Nicholson, 2003;Kyereboah-Coleman & Biekpe, 2006;Riyadh et al, 2019). However, Jensen (1993) argued that an organization with a big board size may experience problems in coordinating the group and ineffectiveness in arriving at decisions.…”

Section: Board Sizementioning

confidence: 99%

“…The results of the studies are, however, inconclusive and give mixed results. Some of the studies indicate a positive effect of some of the corporate governance indicators like board size, composition, diversity, and board independence on performance (Chen et al, 2005;Jackling & Johl, 2009;Riyadh et al, 2019). In contrast, findings of other studies indicate a negative relationship (Afrifa & Tauringana, 2015;Conyon & Peck, 1998;Guest, 2009;Mak & Kusnadi, 2005;Malik & Makhdoom, 2016;O'connell & Cramer, 2010), while others indicate that there is no relationship (Bhagat & Black, 2002;Ferrer & Banderlipe II, 2012;Ghazali, 2010;Haji, 2014).…”

Section: Introductionmentioning

confidence: 98%

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Corporate governance and financial performance of insurance firms in Kenya

Kiptoo

Kariuki

Ocharo

2021

Cogent Business & Management

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This study examined the relationship between corporate governance and the financial performance of insurance firms in Kenya over the period 2013-2018. The data were collected from 51 Insurance firms licensed to operate in Kenya as of 31 December 2018. Regression analysis was used and the results showed that corporate governance significantly affects the financial performance of insurance firms. In particular, the findings showed that board composition negatively and significantly affects financial performance. This implied that insurance firms with a bigger ratio of non-executive directors do not perform better than those with a less proportion of non-executive directors. Insurance firms should therefore reduce the ratio of non-executive directors in order to achieve better performance. The results also showed that board diversity positively and significantly affects financial performance. This implied that insurance firms with a bigger ratio of professional directors perform better than the firms with less proportion of professional directors to the board. Insurance firms should therefore engage more professional directors in order to provide professional guidance and enhance financial performance. The findings also indicated that board independence positively and significantly affects financial performance. This implied that firms with a bigger ratio of independent directors perform better than those with a smaller proportion of ABOUT THE AUTHOR

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Section: Board Sizementioning

confidence: 99%

Section: Introductionmentioning

confidence: 98%

Corporate governance and financial performance of insurance firms in Kenya

Kiptoo

Kariuki

Ocharo

2021

Cogent Business & Management

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“…Alabdullah (2018) has argued that different shareholders have different strategic decision-making powers, that may affect the performance of an organisation. The ownership structure and FP relationship became a trend in the accounting research (Alabdullah, 2018;Alkurdi et al, 2019;Al-Sa'eed, 2018;Buallay et al, 2017;Cornett et al, 2008;Din et al, 2021;Hartzell et al, 2014;Kao et al, 2019;Krivogorsky, 2006;Kuo et al, 2020;Liu et al, 2019;Riyadh et al, 2019;Vu et al, 2018;Yang & Shyu, 2019). Krivogorsky (2006) argued that ownership structure plays an essential role in FP and provides regulators with insights into how to improve CG practices, and facilitate an increase in the efficiency of firms.…”

Section: Ownership Structure and Fpmentioning

confidence: 99%

Ownership structure’s effect on financial performance: An empirical analysis of Jordanian listed firms

Alkurdi¹,

Hamad

Thneibat³

et al. 2021

Cogent Business & Management

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This study aims to examine the impact of the ownership structure on firm performance in the Jordan. This study employed the multiple-regression model and fixed regression effect to analyse the data. The sample included all Jordanian first market firms listed on the Amman Stock Exchange (ASE) from 2012 to 2018. The paper's findings reveal a positive and significant relationship between institutional ownership and both accounting measure Return on Assets (ROA) and market measure Tobin's Q (TQ). Other ownership structure types, such as concentration of ownership, also affect ROA and TQ. While managerial ownership shows a negative relationship with ROA, but there is no association with TQ. This study has broad and comprehensive practical implications that are good for policymakers. On the one hand, it adds to the debate on agency theory from the ownership structure and firm's performance relationship. On the other hand, it helps the Jordanian ABOUT THE AUTHOR

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“…The statistical association between corporate social responsibility with firm profitability is relatively less explored in developing nations (Pradhan & Nibedita, 2019). Literature reports inconclusive, contradictory findings for emerging and developing countries (Ali, Danish, & Asrar-ul-Haq, 2020;Blasi, Caporin, & Fontini, 2018;Nkemjika & Nkechi, 2017;Riyadh, Sukoharsono, & Alfaiza, 2019;Scholtens, 2008;Wulfson, 2001;Yunis, Durrani, & Khan, 2017).…”

Section: R M B Rmentioning

confidence: 99%

Corporate Social Responsibility and Firm Performance: Evidence from Pakistan

Khan¹,

Malik²,

Saghir³

2020

IRMBR

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The current study aims at exploring the relationship of CSR practices with firm performance (FP) in the non-financial sector of the Pakistan stock exchange (PSX). For this purpose, the study uses sample data of 231 companies listed at PSX. The study uses “donation amount to sales” as a proxy variable for CSR practices and return on equity (ROE), return on assets (ROA) as the proxies of firm performance. The models are tested using a panel regression estimation technique with a fixed effect method, as suggested by Hausman test. The results show that CSR is significantly positively related to ROE. Findings indicate that investment in CSR brings positive change in a firmâ€Ÿs profitability which ultimately leads to an increase in the shareholderâ€Ÿs wealth. Keywords: Corporate Social Responsibility, Pakistan Stock Exchange, Firm Performance, Fixed Effect Model, Non-financial Sector.

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The impact of corporate social responsibility disclosure and board characteristics on corporate performance

Cited by 67 publications

References 64 publications

Corporate governance and financial performance of insurance firms in Kenya

Corporate governance and financial performance of insurance firms in Kenya

Ownership structure’s effect on financial performance: An empirical analysis of Jordanian listed firms

Corporate Social Responsibility and Firm Performance: Evidence from Pakistan

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