The Effect of Corporate Social Responsibility and Environmental Cost on Financial Performance

Najihah, Naila; Indriastuti, Maya; Suhendi, Chrisna

doi:10.1007/978-3-030-50454-0_42

Cited by 5 publications

(2 citation statements)

References 21 publications

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“…Stakeholders have the right to get information on activities that affect the environment to assist them in making decisions. Najihah et al (2020) demonstrated that companies try to improve their image to gain stakeholders' legitimacy and approval. This leads to an increase in the amount of money invested in the company, which, in turn, leads to an increase in the stock return.…”

Section: Theoretical Assessmentmentioning

confidence: 99%

The impact of environmental disclosure and the quality of financial disclosure and IT adoption on firm performance: Does corporate governance ensure sustainability?

Jiang

Qamruzzaman

2023

Front. Environ. Sci.

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Introduction: The study’s motivation is to investigate the role of environmental and financial disclosure, IT adoption, and good governance on firms’ sustainability from 1990–2019. A sample of 75 financial institutions enlisted in Bangladesh’s capital market was considered for relevant data collection.Methodology: Secondary data sources were used for data accumulation, including annual reports of target FIs, economic review reports, and central banks publication. Several econometrical techniques have been implemented to document the empirical nexus and the elasticities of explained variables on firm performance.Findings: In terms of baseline assessment, the study revealed a positive and statistically significant association between a firm’s sustainability and target explanatory variables. Furthermore, the study extended the empirical valuation by implementing a system-GMM and documented a positive linkage between financial and environmental disclosure, IT adaptation, good governance, and the firm’s performance sustainability.Discussion: These study findings suggest that information symmetry, investor protection, and access to financial services foster and stabilize the firms’ performance. Concerning corporate governance’s mediating effect, the study established a mediating role with positive influences on financial performance augmentation. On the policy ground, the study postulated that financial policymakers should address fairness and integrity in disclosing information to the public. Enforcement has to be initiated to ensure good governance.

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Section: Theoretical Assessmentmentioning

confidence: 99%

The impact of environmental disclosure and the quality of financial disclosure and IT adoption on firm performance: Does corporate governance ensure sustainability?

Jiang

Qamruzzaman

2023

Front. Environ. Sci.

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“…Research That Supports the Outcome Financial Performance and Profitability [79,[86][87][88][89][90] Image and Identification [91][92][93][94][95][96][97] Reputation, Credibility and Recognition [49,52,88,98] Brand [52,91,94,95,97,[99][100][101][102][103] Social and Public Trust [80,94,[104][105][106] Customer Satisfaction [107][108][109][110][111][112][113][114] Customer Loyalty [96,102,103,109,[113][114][115][116][117][118]…”

Section: Csr Outcomes For Corporationsmentioning

confidence: 99%

Sustainable Development Goals (SDGs) as a Framework for Corporate Social Responsibility (CSR)

et al. 2022

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Corporate Social Responsibility (CSR) has been an articulated practice for over 7 decades. Still, most corporations lack an integrated framework to develop a strategic, balanced, and effective approach to achieving excellence in CSR. Considering the world’s critical situation during the COVID-19 pandemic, such a framework is even more crucial now. We suggest subsuming CRS categories under Sustainable Development Goals (SDGs) be used and that they subsume CSR categories since SDGs are a comprehensive agenda designed for the whole planet. This study presents a new CSR drivers model and a novel comprehensive CSR model. Then, it highlights the advantages of integrating CSR and SDGs in a new framework. The proposed framework benefits from both CSR and SDGs, addresses current and future needs, and offers a better roadmap with more measurable outcomes.

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Green Accounting Adoption Toward Sustainable Performance

Indriastuti

Chariri

Fuad

2022

Advances in Intelligent Networking and Collaborative Systems

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The Effect of Corporate Social Responsibility and Environmental Cost on Financial Performance

Cited by 5 publications

References 21 publications

The impact of environmental disclosure and the quality of financial disclosure and IT adoption on firm performance: Does corporate governance ensure sustainability?

The impact of environmental disclosure and the quality of financial disclosure and IT adoption on firm performance: Does corporate governance ensure sustainability?

Sustainable Development Goals (SDGs) as a Framework for Corporate Social Responsibility (CSR)

Green Accounting Adoption Toward Sustainable Performance

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