Corporate Social Responsibility Disclosure and Firm Performance of Malaysian Public Listed Firms

Mohd Waliuddin, Bin Mohd Razali1 and Hii, Winnie Sin Sin and Janifer, Anak Lunyai and Yau, Josephine Tan Hwang and Irma Yazreen, Binti Md Yusoff (2018) Corporate Social Responsibility Disclosure and Firm Performance of Malaysian Public Listed Firms. International Business Research, 11 (9). pp. 86-95. ISSN 1913-9004

[img]
Preview
PDF
Corporate Social Responsibility Disclosure and Firm Performance of Malaysian Public Listed Firms (abstract).pdf

Download (483kB) | Preview
Official URL: http://www.ccsenet.org/journal/index.php/ibr/artic...

Abstract

Corporate Social Responsibility (CSR) disclosure has become a rising concern for the public listed firms worldwide due to its ability to enhance firm’s market performance and financial performance. The main objective of this study is to investigate the relationship between CSR disclosure and firm performance of Bursa Malaysia’s listed companies based on their market value added (MVA), return on equity (ROE) and return on assets (ROA). 324 samples of public listed companies’ annual report for the period of 2014 to 2016 were obtained from Bursa Malaysia and examined. The extent of their CSR disclosure were measured and analyzed. After accounting for control variables such as firm size, firm age, firm leverage and firm liquidity, the result shows that there is a positive significant relationship between CSR disclosure and firm performance in terms of ROA and ROE. This reveals that high level of CSR disclosure helps firms to achieve optimum performance through increased competitiveness, improved firm’s image amongst society, and creates new opportunities in the marketplace. The findings also showed mix results among the control variables towards firm performance. For future research, this paper recommends to extend the study by using different CSR disclosure measurement, different firm performance measurement such as return on investments (ROI) and Tobin’s Q and different samples.

Item Type: E-Article
Uncontrolled Keywords: Corporate social responsibility disclosure, firm performance, market value added, unimas, university, universiti, Borneo, Malaysia, Sarawak, Kuching, Samarahan, ipta, education, research, Universiti Malaysia Sarawak.
Subjects: H Social Sciences > H Social Sciences (General)
H Social Sciences > HB Economic Theory
H Social Sciences > HG Finance
Divisions: Academic Faculties, Institutes and Centres > Faculty of Economics and Business
Depositing User: Mohd Razali
Date Deposited: 28 Aug 2018 04:52
Last Modified: 19 Jun 2019 00:46
URI: http://ir.unimas.my/id/eprint/21344

Actions (For repository members only: login required)

View Item View Item