Exploring CSR and financial performance of full-service and low-cost air carriers

Yang, Ann Shawing; Baasandorj, Suvd

doi:10.1016/j.frl.2017.05.005

Cited by 91 publications

(116 citation statements)

References 36 publications

Supporting

Mentioning

104

Contrasting

Unclassified

Order By: Relevance

“…For example, experts have suggested the findings from various mainstreams, including accounting and construction research (Cho, Michelon, Patten, & Roberts, 2015;Jiang & Wong, 2016), firms' financial performance (Bayoud, 2012;Eccles et al, 2014;Rasheed et al, 2018;Xiong, Lu, Skitmore, Chau, & Ye, 2016;Yang & Baasandorj, 2017), and internal and external CSR activities on employee motivation (Skudiene & Auruskeviciene, 2012). This study is mainly inspired by the mainstream of disclosure of corporate social responsibility disclosure (CSRD).…”

Section: Theoretical Background and Hypotheses Formationmentioning

confidence: 99%

“…Second, most of the past studies have been accomplished in developed countries within distinct domains (e.g., Adams, Coutts, & Harte, 1995;Barthorpe, 2010;Bayoud, 2012;Deegan & Gordon, 1996;Eccles et al, 2014;Gamerschlag, Möller, & Verbeeten, 2011;Reverte, 2009;White, Nielsen, & Valentini, 2017), whereas this research contributes from the developing country, Pakistan. Third, most studies emphasized on existing and secondary data (e.g., Arrive & Feng, 2018;De Bakker et al, 2005;Reverte, 2009;White et al, 2017;Yang & Baasandorj, 2017). Similarly, Dias, Rodrigues, Craig, and Neves (2018) advocated that most CSR studies highly focused on large firms though this study emphasizes on SMEs.…”

mentioning

confidence: 92%

“…First, most previous studies have been evaluated the impact of CSRD activities either internal or external particularly on organizational financial performance (e.g., Bayoud, 2012;Beck, Frost, & Jones, 2018;Eccles, Ioannou, & Serafeim, 2014;Hou, 2018;Rasheed, Arshed, Malik, & Mahmood, 2018;Tang, Hull, & Rothenberg, 2012;Yang & Baasandorj, 2017). First, most previous studies have been evaluated the impact of CSRD activities either internal or external particularly on organizational financial performance (e.g., Bayoud, 2012;Beck, Frost, & Jones, 2018;Eccles, Ioannou, & Serafeim, 2014;Hou, 2018;Rasheed, Arshed, Malik, & Mahmood, 2018;Tang, Hull, & Rothenberg, 2012;Yang & Baasandorj, 2017).…”

mentioning

confidence: 99%

“…First, most previous studies have been evaluated the impact of CSRD activities either internal or external particularly on organizational financial performance (e.g., Bayoud, 2012;Beck, Frost, & Jones, 2018;Eccles, Ioannou, & Serafeim, 2014;Hou, 2018;Rasheed, Arshed, Malik, & Mahmood, 2018;Tang, Hull, & Rothenberg, 2012;Yang & Baasandorj, 2017). Third, most studies emphasized on existing and secondary data (e.g., Arrive & Feng, 2018;De Bakker et al, 2005;Reverte, 2009;White et al, 2017;Yang & Baasandorj, 2017). Second, most of the past studies have been accomplished in developed countries within distinct domains (e.g., Adams, Coutts, & Harte, 1995;Barthorpe, 2010;Bayoud, 2012;Deegan & Gordon, 1996;Eccles et al, 2014;Gamerschlag, Möller, & Verbeeten, 2011;Reverte, 2009;White, Nielsen, & Valentini, 2017), whereas this research contributes from the developing country, Pakistan.…”

mentioning

confidence: 99%

“…The motives to conduct this research are as follows. First, most previous studies have been evaluated the impact of CSRD activities either internal or external particularly on organizational financial performance (e.g., Bayoud, 2012;Beck, Frost, & Jones, 2018;Eccles, Ioannou, & Serafeim, 2014;Hou, 2018;Rasheed, Arshed, Malik, & Mahmood, 2018;Tang, Hull, & Rothenberg, 2012;Yang & Baasandorj, 2017). However, this study attempts to examine the influence of CSRD by adopting both internal and external CSR activities with respect to sales performance that has been ignored in the past.…”

mentioning

confidence: 99%

See 4 more Smart Citations

Effect of corporate social responsibility disclosure on firms' sales performance: A perspective of stakeholder engagement and theory

Waheed

Yang

2018

Corp Soc Responsibility Env

View full text Add to dashboard Cite

Corporate social responsibility (CSR) is receiving a supreme interest, and several experts have revealed the outcomes of CSR disclosure (CSRD) toward organizational performance across the globe. Nevertheless, less attention has been paid to empirical contribution with respect to marketing and sales management, especially from developing nations. This study investigates the impact of CSRD practices, that is, internal (ICSRD) and external (ECSRD) to organizational sales performance (OSP). Data were collected from 450 managers within Small and Medium Size Enterprises (SMEs) of Pakistan and analyzed using structural equation modeling. The findings revealed the positive relationships between OSP and disclosure of CSR activities both ICSRD and ECSRD, that is, responsibility to the environment (ER), community (CR), customers (CCR), suppliers (SR), employees (EER), and responsibility to government rules & regulations (GR). The comprehensive analysis unveiled the higher significant effect of ECSRD than ICSRD.The study provides multidimensional insights for strategic management to support CSR notion and to engage stakeholders pursuing such practices to augment OSP dynamically.This study furnishes research possibilities for practitioners and academicians.

show abstract

Section: Theoretical Background and Hypotheses Formationmentioning

confidence: 99%

mentioning

confidence: 92%

mentioning

confidence: 99%

“…First, most previous studies have been evaluated the impact of CSRD activities either internal or external particularly on organizational financial performance (e.g., Bayoud, 2012;Beck, Frost, & Jones, 2018;Eccles, Ioannou, & Serafeim, 2014;Hou, 2018;Rasheed, Arshed, Malik, & Mahmood, 2018;Tang, Hull, & Rothenberg, 2012;Yang & Baasandorj, 2017). Third, most studies emphasized on existing and secondary data (e.g., Arrive & Feng, 2018;De Bakker et al, 2005;Reverte, 2009;White et al, 2017;Yang & Baasandorj, 2017). Second, most of the past studies have been accomplished in developed countries within distinct domains (e.g., Adams, Coutts, & Harte, 1995;Barthorpe, 2010;Bayoud, 2012;Deegan & Gordon, 1996;Eccles et al, 2014;Gamerschlag, Möller, & Verbeeten, 2011;Reverte, 2009;White, Nielsen, & Valentini, 2017), whereas this research contributes from the developing country, Pakistan.…”

mentioning

confidence: 99%

mentioning

confidence: 99%

See 3 more Smart Citations

Effect of corporate social responsibility disclosure on firms' sales performance: A perspective of stakeholder engagement and theory

Waheed

Yang

2018

Corp Soc Responsibility Env

View full text Add to dashboard Cite

show abstract

Influence of financial resources on sustainability performance of SMEs in emerging economy: The role of managerial and firm level attributes

Khattak,

Wu,

Ahmad

2023

Bus Strat Dev

View full text Add to dashboard Cite

This research investigates whether managerial level attributes (age, education, and experience) and firm level attributes (size and age) influence the role of financial resources (FR) on sustainability performance in small and medium enterprises (SMEs) in emerging economies. To test the model, the analyses were performed through SmartPLS based on 611 Pakistani SMEs. The results of the structural equation modeling indicate that the positive relationship between FR and sustainability performance is significantly strengthened by managerial attributes (manager experience and education) and firm level attributes (firm size). However, manager age and firm age do not moderate the nexus between FR and sustainability performance. This research recommends SMEs to focus on experienced and educated managers as compared to older ones to utilize their FR efficiently in sustainable activities. This research enriches the resource base view and upper echelon literature through empirical evidence. Further implications for policymakers and businesses are discussed.

show abstract

Exploring environmental, social, and governance disclosure effects on the S&P 500 financial performance

2019

View full text Add to dashboard Cite

Much of the literature measuring the relationship between environmental, social, and governance (ESG) scores and firm performance treats the score as a measure of sustainability performance. In this study, we treat a firm's ESG score as a demonstration of strategic choice in the level of transparency that results in increased firm performance as measured by Tobin's Q and return on assets. Performance differences are a result of choice moderated by the size of the firm as measured by employees and sales. We analyze 467 firms in the S&P 500 from 2009 to 2015. Applying legitimacy and stakeholder theory, we find that there is significant difference between groups with respect to disclosure and performance. The results of quartile analysis by sales, capitalization, and Tobin's Q are relevant to understand the influence that the ESG score has on financial performance. ESG influences on Tobin's Q are greatest for large firms as measured by sales, as opposed to the ESG affects on Tobin's Q and return on asset for smallest firms as measured by market capitalization.

show abstract

Exploring CSR and financial performance of full-service and low-cost air carriers

Cited by 91 publications

References 36 publications

Effect of corporate social responsibility disclosure on firms' sales performance: A perspective of stakeholder engagement and theory

Effect of corporate social responsibility disclosure on firms' sales performance: A perspective of stakeholder engagement and theory

Influence of financial resources on sustainability performance of SMEs in emerging economy: The role of managerial and firm level attributes

Exploring environmental, social, and governance disclosure effects on the S&P 500 financial performance

Contact Info

Product

Resources

About