The impact of social responsibility disclosure on the liquidity of the Jordanian industrial corporations

Mallouh, Alaa Abu; Tahtamouni, Asem

doi:10.1504/ijmfa.2018.10014613

Cited by 9 publications

(7 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Several companies from the Information Technology sector employed water recycling facilities, which put them in a good marketing place and gave them a confident corporate image. These enterprises may benefit from premium pricing and augmented sales due to market acceptability and better social consent [ 63 ], thus leading to the registering of better performance due to the acquisition of more customers [ 102 ].…”

Section: Empirical Findings and Discussionmentioning

confidence: 99%

“…Additionally, several measures of firm characteristics were included in order to counteract any bias and error that may have distorted the association among selected variables [41]. Corporate liquidity measures are covered driven by that fact that enterprises that suffer from a low liquidity level may attempt to lifting their disclosure level of the CSR and voluntary actions [102]. In line with earlier research [13,24,26,29,31,33,34,36,38,[41][42][43]77,84,86,88,90,[99][100][101], indebtedness was included here because of the fact that a minor financial risk motivates an enterprise to implement technical innovation because it is convenient to persuade lenders and attract capital [18].…”

Section: Sample Selection and Data Collectionmentioning

confidence: 99%

See 1 more Smart Citation

Does Water, Waste, and Energy Consumption Influence Firm Performance? Panel Data Evidence from S&P 500 Information Technology Sector

Simionescu

Gherghina

Sheikha

et al. 2020

IJERPH

View full text Add to dashboard Cite

This paper aimed to investigate the impact of water, waste, and energy consumption on firm performance for a sample of enterprises that belong to the S&P 500 Information Technology sector over the period of 2009–2020. The quantitative framework covered both accounting (e.g., return on assets—ROA; return on common equity—ROE; return on capital—ROC; return on invested capital—ROIC) and market-based measures of performance (e.g., price-to-book value—PB), alongside firm and corporate governance specific variables. By estimating multivariate panel data regression models, the empirical results provided support for a negative impact of total water use on PB but a positive effect on ROA. With reference to the total waste, the econometric outcomes revealed a negative influence on the entire selected performance measures, whereas total energy consumption did not reveal any statistically significant influence.

show abstract

Section: Empirical Findings and Discussionmentioning

confidence: 99%

Section: Sample Selection and Data Collectionmentioning

confidence: 99%

Does Water, Waste, and Energy Consumption Influence Firm Performance? Panel Data Evidence from S&P 500 Information Technology Sector

Simionescu

Gherghina

Sheikha

et al. 2020

IJERPH

View full text Add to dashboard Cite

show abstract

“…The concept of CSR has been popularized for a long time since the 1960s when companies began to show their responsibility to society as one of the stakeholders. According to Abu Mallouh & Tahtamouni (2018), CSR is described as social activities, such as protecting environmental safety, providing protection related to pollution, and providing employment opportunities to local communities. Theoretically, CSR is a significant aspect in influencing the value of company information disclosure and the risk of its share price (Dai, Lu, & Qi, 2019).…”

Section: Corporate Social Responsibility (Csr)mentioning

confidence: 99%

The influence of CSR and corporate governance on the risk of share prices in banking in Indonesia

Paragina

Leon

2020

Mngt. J. Binaniaga

View full text Add to dashboard Cite

This research was conducted to determine whether social responsibility and corporate governance actually have a significant effect on the risk of the company's stock price. The independent variable in this study is social responsibility and corporate governance, while the dependent variable is the risk of stock prices. There are four control variables in this study, namely company size, return on equity (ROE), earnings per share (EPS), and stock price volatility. This study collects data from 26 banking companies listed on the Indonesia Stock Exchange over a period of 5 years (2014-2018) and uses a multiple regression model for testing. The findings of this study indicate that social responsibility, company size, ROE, EPS, and stock price volatility have no significant effect on stock price risk. Meanwhile, corporate governance has a significant positive effect on stock price risk. The results of this research can be used to present a successful model for banking companies in Indonesia to concentrate more on social responsibility and corporate governance in mitigating their share price risk. All studies have used NCSKEW and DUVOL as measures of share price risk. In the novelty of this study, the Coefficient of Variation is used to measure the dependent variable so that the measurement can be distinguished from previous studies. Keywords: Banking Industry, Corporate Social Responsibility, Corporate Governance, Multiple Regression, Stock Price Risk

show abstract

“…The relative bid/ask spread is calculated by taking the absolute difference between the closing ask and bid prices, divided by the mid-point of the bid and ask prices (Mallouh and Tahtamouni, 2018;Hakim and Omri, 2009;Tasios and Bekiaris, 2014). Mallouh and Tahtamouni (2018) used the same proxy to the impact of the disclosure of corporate social responsibility on liquidity of the Jordanian industrial corporations. Likewise, Hakim and Omri, (2009) examines the association between bid-ask spread and auditor reputation.…”

Section: Changes In Bid/ask Spreadmentioning

confidence: 99%

Changes in liquidity associated with removal of companies from the FTSE 100 index

Karlsen

Aboud

2019

IJMFA

View full text Add to dashboard Cite

This study investigates changes in liquidity associated with removal of companies from the FTSE 100 index during the time period 2008-2016. Using an event study methodology, we document significant negative abnormal returns that are more negative in the period prior to removal and a significant decrease in trading volume once a company is removed from the index. Moreover, regression analysis supports the liquidity hypothesis and document a significant increase in the spread after removal after controlling for financial crisis impact. Overall, the results report support that changes in liquidity can explain the negative abnormal returns. These findings contribute the theoretical debate regarding the liquidity effects associated with changes in the composition of the FTSE 100 index.

show abstract

The impact of social responsibility disclosure on the liquidity of the Jordanian industrial corporations

Cited by 9 publications

References 0 publications

Does Water, Waste, and Energy Consumption Influence Firm Performance? Panel Data Evidence from S&P 500 Information Technology Sector

Does Water, Waste, and Energy Consumption Influence Firm Performance? Panel Data Evidence from S&P 500 Information Technology Sector

The influence of CSR and corporate governance on the risk of share prices in banking in Indonesia

Changes in liquidity associated with removal of companies from the FTSE 100 index

Contact Info

Product

Resources

About