Corporate social responsibility (CSR) practices by SIN firms

Sharma, Zenu; Song, Liang

doi:10.1108/ara-06-2017-0102

Cited by 19 publications

(16 citation statements)

References 52 publications

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“…Increased support and trust from investors, will make the firm performance will increase then the firm will achieve the targeted profit (Lindawati & Puspita, 2015). CSR carried out by the company has a positive significant relationship to company performance, this is in line with the results of research from Melinda & Wardhani (2020), Bajic & Yurtoglu (2018), Alareeni & Hamdan (2020), Radhouane et al (2018), Nirino et al (2020), Fiandrino et al (2019), Aboud & Diab (2018), Sharma & Song (2018), Park (2017), Nirino et al (2020), Fiandrino et al (2019), Aboud & Diab (2018), Sharma & Song (2018), Park (2017), Griselda et al (2020), Alipour et al (2019), Buallay (2019), Nekhili et al (2017), dan Devie et al, (2020). H1: CSR affects performance of mining companies in Indonesia…”

Section: Relationship Of Csr To Performancesupporting

confidence: 72%

“…However, previous studies found differences in empirical results. Melinda & Wardhani (2020) ; Bajic & Yurtoglu (2018) ; Alareeni & Hamdan (2020) ; Radhouane et al (2018) ; Nirino et al (2020) ; Fiandrino et al (2019) ; Aboud & Diab (2018) ; Sharma & Song (2018) ; Park (2017) ; Nirino et al (2020) ; Fiandrino et al (2019) ; Aboud & Diab (2018) ; Sharma & Song (2018) ; Park (2017) ; Griselda et al (2020) ; Alipour et al (2019) ; Buallay (2019) ; Nekhili et al (2017) ; Devie et al, (2020) found that the effect of CSR on company performance was significantly positive. Meanwhile, the research researched by Feng & Glenn Kreuze (2017) ; Buallay, Fadel, et al (2020) ; Buallay, Kukreja, et al (2020) found the effect of CSR on company performance was significantly negative.…”

Section: Introductionmentioning

confidence: 99%

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Does BOC`'s Characteristics Moderate The Effect of Corporate Social Responsibility on Performance?

Taufik

William

2021

JAAT

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This study investigates the moderation of BOC`'s size and education level the relationship between corporate social responsibility (CSR) and performance which is proxied on Tobins Q, ROA, and ROE. The investigation was observed using the resource dependency theory (RDT) and stakeholder theory paradigms. Data were collected from mining companies listed on the Indonesia Stock Exchange for the 2015-2019 period with a total of 735 data and regressed using panel data techniques. The insignificant effect was found between CSR towards Tobins Q and ROA that indicate mining company focused on reputation and comply to regulatory than moral values. Meanwhile, CSR has significant effects to increase ROE that indicates mining companies tend to approach capital owners. BOC`'s size was unpredispose to moderate between CSR and Tobins Q, ROA, ROE that confirm BOC dodge CSR around. The extremity point is BOC`s education level has negative moderate between CSR and Tobins Q. The key strength of this work adds to the growing literature body of BOC`s characteristics moderate CSR on performances types and has demonstrated the impartiality in CSR.

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Section: Relationship Of Csr To Performancesupporting

confidence: 72%

Section: Introductionmentioning

confidence: 99%

Does BOC`'s Characteristics Moderate The Effect of Corporate Social Responsibility on Performance?

Taufik

William

2021

JAAT

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“…Their research also provides tools to validate the relevance of ESG disclosure. Finally, and closely related to the focus of our study, the study by [17] provides evidence that sin stocks disclose more ESG information and invest more in environmentally and socially responsible practices than firms operating in non-controversial sectors. More important, ref.…”

Section: Incentives To Reporting Esg Informationsupporting

confidence: 57%

ESG Outcasts: Study of the ESG Performance of Sin Stocks

Paradis

Schiehll

2021

Sustainability

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Certain economic actors are considered by many as involved in or associated with an activity that is considered unethical or immoral, such as the producers of tobacco, alcohol and firearms (often referred to as sin stocks). In an environment in which stakeholders are increasingly interested in sustainable development and corporate social responsibility, it is important to understand how firms respond to these issues which divide public opinion. Our study compares the environmental, social and governance (ESG) performance for a targeted sample of 79 sin stocks and a control group of comparable firms. We observe that sin stocks have a lower overall ESG performance as well as for each of the three ESG pillars, and that this difference is more significant in relation to governance and some key social and environmental issues for which sin stocks could have compensated risk exposure with responsible management practices. In other words, our results demonstrate that sin stocks are exposed to more severe ESG issues and consistently lack the necessary practices to mitigate these issues. Our study provides relevant insights into the informativeness of ESG scores to distinguish firms (and sectors) investing in management practices that offset ESG risk exposure.

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“…Despite this, other research shows that, at the same time, SIN firms may be less responsible than peers. So, the ESG performance of this particular industry group is lower than that of companies associated with technology, resources, and other markets [26][27][28].…”

Section: Esg Effects On Cfpmentioning

confidence: 99%

Financial Stability in Companies with High ESG Scores: Evidence from North America Using the Ohlson O-Score

et al. 2022

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The benefits and advantages of the incorporation of ESG (Environmental, Social, Governing)-related policies have been discussed extensively. However, research articles focus not only on the socioecological aspects of Corporate Social Responsibility (CSR) but also on the underlying effects on a corporation’s corporate financial performance (CFP). In this regard, the current study aims to analyze the impact of ESG parameters on corporations’ financial stability. A sample size of 691 companies in North American countries was investigated in order to test the hypothesis that ESG has an effect on the likelihood of a company going bankrupt using the Ohlson O-score. This is conducted using regression models and the Pearson correlation coefficient. Furthermore, a follow-up hypothesis on the relationship between firm size and ESG is also tested in order to evaluate a tendency of corporate growth through ESG-based sustainable development. The results of the study conclude that the governing pillar of ESG factors has the highest positive impact on corporations’ financial success. Furthermore, the analysis conducted in the study with its sample size confirms the hypothesis that larger firms tend to have higher ESG scores.

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Corporate social responsibility (CSR) practices by SIN firms

Cited by 19 publications

References 52 publications

Does BOC`'s Characteristics Moderate The Effect of Corporate Social Responsibility on Performance?

Does BOC`'s Characteristics Moderate The Effect of Corporate Social Responsibility on Performance?

ESG Outcasts: Study of the ESG Performance of Sin Stocks

Financial Stability in Companies with High ESG Scores: Evidence from North America Using the Ohlson O-Score

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