Corporate Social Responsibility and Company Performance in the Malaysian Context

Mustafa, Saed Adnan; Othman, Abdul Rahim; Perumal, Selvan

doi:10.1016/j.sbspro.2012.11.217

Cited by 46 publications

(27 citation statements)

References 26 publications

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“…This vision merges long-term objectives, concerns for economic, social, and environmental issues as the main components to achieve such progress. Where, organizations should not concentrate only on short-term profits, but rather pursue several goals which all combined guarantee business's survival, success, and prosperity (Kakabadse et al, 2005;Mustafa et al, 2012). Social responsibility is one effective tool that combines the efforts of both entity and the social sector agencies towards sustainable growth and development (Deswal and Raghav, 2013).…”

Section: Corporate Social Responsibility Initiative In Egypt and Sustmentioning

confidence: 99%

Does Egyptian universities’ disclosure on social responsibility enhance sustainable development?

Ismail

2019

JHASS

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Purpose -This study aims at investigating the extent to which Egyptian universities disclose information on social responsibility to different stakeholders, which leads to the enhancement of sustainable development.Design/methodology/approach -An index of social responsibility that fits the Egyptian universities is established, comprising four dimensions: organizational governance, energy and environment resource sustainability, human resource development and community participation and community development. This index has been used to score the disclosure level of social responsibility of Egyptian universities. This study uses information available on websites of Egyptian universities as of the end of December 2018. Frequencies provide the basis for discussion.Findings -The results reveal that the level of disclosure of universities on social responsibility is low, but, in favor of private universities vs public universities. At the university level, only a few numbers of public universities disclosed high volume of information on social responsibility, such as Cairo University, Ain Shams University, Alexandria University and Assiut University. Furthermore, the results manifest that public universities disclose higher level of information related to organizational governance, energy and environment resource sustainability and community participation and community development, whereas, private universities disclose higher level of information related to human resource development.Research limitations/implications -The results are constrained with the social responsibility dimensions and attributes used to establish a disclosure index that fits Egyptian universities, as well as the information disclosed on universities websites.Originality/value -This study provides insights to Egyptian higher education regulators and the rectors of Egyptian universities that may help in planning and monitoring social responsibility activities in a way that could lead to sustainable development.

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Section: Corporate Social Responsibility Initiative In Egypt and Sustmentioning

confidence: 99%

Does Egyptian universities’ disclosure on social responsibility enhance sustainable development?

Ismail

2019

JHASS

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“…The literature suggests that the practice of CSR differs from country to country and between developed and developing countries (Ullah, 2013). Moreover the patterns of following CSR activities also vary between types of industry (Mustafa, Othman & Perumal, 2012). Corporate social responsibility is an insight, whereby companies operations are integrated with social and environmental issues and interactions with their stakeholders are based on a voluntary basis (Crane, Matten & Spence, 2013).…”

Section: Literature Reviewmentioning

confidence: 99%

“…The connection between CSR and financial performance has remained unclear with literature showing contradictory information. To reveal the real picture of whether CSR can create or destroy business value, existing literature can be categorized into positive relationship (Lee, Faff, & Langfield-Smith, 2009;Mustafa, Othman, & Perumal, 2012;Weshah, Dahiyat, Awwad & Hajjat, 2012), negative relationship (Becchetti & Ciciretti, 2009;Lioui& Sharma, 2012;Dianita, 2011) and no significant relationship (Linthicum, Reitenga & Sanchez, 2010;Soana, 2011).…”

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confidence: 99%

The Effects of Corporate Social Responsibilities on Financial Performance of Small and Medium Enterprises of Khulna City

Lopa

Aḥmad²

2019

KUBR

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Purpose: Corporate Social Responsibility (CSR) is now a growing concern throughout the world. All type of firms i.e. large firms to small and medium firms are becoming aware about the term as it has found to be significantly associated with improving corporate image, which in turn influence overall performance of the firms. The main purpose of this study is to investigate the level of awareness of SME owners about CSR and also to identify the effects of CSR on financial performance particularly on Small and medium Enterprises (SME). Methodology: Total 330 SMEs have been surveyed to achieve the objective of the study. Five variables has been used to determine SMEs’ CSR activities i.e. activities on employees, customers, environment, country, community and society. To determine financial performance, data regarding sales and profitability of past five years is used. Correlation and regression is used to determine the effect of CSR activities on financial performance. Beside this, SME owners’ perception has been summarized from open-ended question. Findings: The study suggests that more than half of the SME owners (around 60%) are aware about CSR, but they cannot give a concrete definition regarding it. From correlation analysis it was found that all the variables (activities on employees, customers, environment, country, community and society) have significant positive relationship with financial performance of SMEs. Regression analysis says that three variables e.g. CSR on employees, customers and environment has significant positive effect on financial performance of SMEs. Other two variables e.g. CSR on country and CSR on community and society have no significant effect on financial performance of the firms. Originality/Value: This study summarized the SME owners’ perception regarding CSR and their activities on CSR. No such study has been conducted in Bangladesh particularly on SMEs and influence of CSR activities on their financial performance.

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“…Some scholars reported negative relationships [8,3], and the rest reported no relationship at all [7,5]. Since the mid-1990s, and along with the demands of globalization, many studies have found that there is a relationship between CSR applications and improvements in financial performance [9][10][11][12][13][14][15][16][17].…”

Section: Introductionmentioning

confidence: 99%

CSR and Financial Performance: A Study and Application in Mining Companies in Indonesia

Husnah¹

2020

Proceedings of the 3rd Asia Pacific International Conference of Management and Business Science (AICMBS 2019)

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The purpose of this study is to uncover the implementation of CSR and the acquisition of financial performance in mining companies in Indonesia. This research was conducted at PT. Donggi Sinora Banggai Regency and PT. Indonesia Morowali Industrial Park (IMIP), Morowali Regency: both companies are located in Central Sulawesi, Indonesia. The data was collected through observations, indepth interviews, and analysis on related documents. Using descriptive qualitative analysis, this study finds that both mining companies have implemented CSR using Triple Bottom Line approach (People, Profit and Planet), which can improve their financial performance and affects the company and community in a sustainable manner.

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Corporate Social Responsibility and Company Performance in the Malaysian Context

Cited by 46 publications

References 26 publications

Does Egyptian universities’ disclosure on social responsibility enhance sustainable development?

Does Egyptian universities’ disclosure on social responsibility enhance sustainable development?

The Effects of Corporate Social Responsibilities on Financial Performance of Small and Medium Enterprises of Khulna City

CSR and Financial Performance: A Study and Application in Mining Companies in Indonesia

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