The impact of corporate governance on firms’ value in an emerging country: The mediating role of corporate social responsibility and organisational identification

Le, Thanh Tiep; Nguyen, Van Kha

doi:10.1080/23311975.2021.2018907

Cited by 28 publications

(37 citation statements)

References 77 publications

Supporting

Mentioning

Contrasting

Unclassified

Order By: Relevance

“…Specifically, board independence, earnings persistence, and earnings predictability were found to have a positive significant effect on market capitalization, while gender diversity also exerted positive effect but was not statistically significant. The Fstatistics showed that the combined explanatory variables of board independence, gender diversity, earnings persistence, and earnings predictability had a positive effect on market capitalization, which is consistent with the findings of the studies by Tiep Le and Nguyen (2022), Ebimobowei (2022), Marie et al (2021), Boshnak (2021), Khanifah et al (2020), Ali et al (2020), andOchego et al (2019) who reported similar positive effects of corporate governance of firm's value and performance. However, the results of this study were insistent with the report of Aguguom et al (2019), which found a positive but insignificant effect of board independence on firm value.…”

Section: Interpretations 411 Pre-estimation Resultssupporting

confidence: 88%

“…In contrast, return on assets was negatively but insignificantly affected by CEO duality. Tiep Le and Nguyen (2022) studied the effect of corporate governance on the value of small and medium enterprises (SMEs) in emerging countries. The study used secondary data sourced from a database in Vietnam and adopted covariance based structural equation modelling for the analysis.…”

Section: Empirical Reviewmentioning

confidence: 99%

See 1 more Smart Citation

Examining the impact of corporate governance and corporate financial reporting on firm value: A study of selected banks in Nigeria

Ogundajo

Adegbie

Oyegoke

et al. 2023

IJAEFA

View full text Add to dashboard Cite

Globally, managers are always under intense pressure to meet stakeholders’ desired firm value expectations, creating uncertainties and apprehensiveness when making corporate strategic plans. Prior studies have laid claims that best corporate governance practices and corporate financial reporting quality are important in achieving a successful and sustainable value for banks. Consequently, this study examined the impact of corporate governance and corporate financial reporting on the value of selected banks in Nigeria. This study made use of panel data extracted from the audited annual reports and accounts of the thirteen (13) selected banks for fifteen (15) years which yielded 195 firm-year observations. Random-effects Generalized Least Square (GLS) regression estimation technique was employed for the analysis. The study discovered that corporate governance and corporate financial reporting exerted a significant positive impact on the value of selected banks in Nigeria (Adj.R2 = 0.48, Wald Sat. (4, 190) = 18.3, p < 0.05). The study concluded that corporate governance and corporate financial reporting collectively are important determining factors of the value of selected banks in Nigeria. Enforcing strict compliance with financial reporting regulations to ensure transparency, reliability, and earnings quality would enhance analysts’ and users’ forecast and predictive abilities.

show abstract

Section: Interpretations 411 Pre-estimation Resultssupporting

confidence: 88%

Section: Empirical Reviewmentioning

confidence: 99%

Examining the impact of corporate governance and corporate financial reporting on firm value: A study of selected banks in Nigeria

Ogundajo

Adegbie

Oyegoke

et al. 2023

IJAEFA

View full text Add to dashboard Cite

show abstract

“…The results are in line with those of Ahsan et al (2021), where social disclosure increases the FV. In testing an emerging economy, investors tend to focus on non-financial disclosure that represent CSR practices to gain more confidence, hence the results of Tiep Le and Nguyen (2022) has shown that CSR disclosure proves a positive significant impact on the FV. Recently in the UK, social reporting has been enforced on firms which in turn has a positive impact on investors' decisions and accordingly the FV (Hamed et al, 2022).…”

Section: Regression Resultsmentioning

confidence: 99%

Does audit quality moderate the impact of environmental, social and governance disclosure on firm value? Further evidence from Egypt

Samy El-Deeb,

Ismail,

El Banna

2023

JHASS

View full text Add to dashboard Cite

PurposeThis paper aims to examine the impact of environmental, social and governance (ESG) disclosure and firm value (FV), as well as, pinpoints the role of the audit quality (AQ) as a moderating variable on such impact; where the authors hypothesize that AQ modulates the relationship between ESG disclosure and the FV.Design/methodology/approachData of a sample of firms listed on the Egyptian Stock Exchange Market (EGX) were collected over the period of 2017–2021 and analyzed using the regression and 2SLS models.FindingsThe results suggested that: (1) the ESG has a significant positive impact on the FV in the EGX, and (2) AQ has a significant impact, as a moderating variable, on the relationship between ESG disclosure and FV.Research limitations/implicationsThe findings would help the Egyptian market authorities in realizing the importance of integrating ESG information within the financial reports of the listed firms. The findings could also help in developing effective disclosure procedures to provide shareholders with useful information.Originality/valueThis paper contributes to the literature regarding the ESG disclosure components and the FV value by considering AQ in testing such relationship.

show abstract

“…Beberapa studi sebelumnya memberikan bukti empiris bahwa tata kelola perusahaan meningkatkan nilai perusahaan (Ararat et al, 2017;Khanaghah et al, 2019;Le & Nguyen, 2022;Lozano et al, 2016;Singh et al, 2017;Titisari et al, 2019), tanggung jawab sosial perusahaan meningkatkan nilai perusahaan (Butt et al, 2020;Fuadah & Kalsum, 2021;Khanaghah et al, 2019;Titisari et al, 2019), Ukuran perusahaan meningkatkan nilai perusahaan (Diantimala et al, 2021;Hirdinis, 2019;Nguyen et al, 2021). Namun demikian, ukuran perusahaan pada penelitian ini digunakan sebagai variabel mediasi.…”

Section: Pendahuluanunclassified

“…Khanaghah et al, (2019) memberikan bukti empiris bahwa nilai perusahaan akan meningkat apabila mempunyai tata kelola perusahaan yang baik. Hasil yang sama ditunjukkan oleh Lozano et al, (2016), Ararat et al (2017), Singh et al, (2017), dan Le & Nguyen (2022). Sehingga dapat diasumsikan hipotesisnya sebagai berikut: H1: Tata kelola perusahaan mempengaruhi nilai perusahaan secara positif.…”

Section: Hubungan Antar Variabel Hubungan Tata Kelola Perusahaan Dan ...unclassified

Peran Tata Kelola Dan Tanggung Jawab Sosial Dalam Meningkatkan Nilai Perusahaan Dengan Ukuran Perusahaan Sebagai Mediasi

Suganda

Wahyudi

2023

JEBAKU

View full text Add to dashboard Cite

The purpose of this study is to determine the determinants of corporate value such as corporate governance and social responsibility mediated by company size. This study utilizes information taken from the financial reports of the coal subsector listed on the IDX using a purposive sampling test method that meets the exploration steps. The research period was taken for 3 years with the amount of information used, namely 57 data from 21 entities in the coal subsector. The research method uses Partial Least Square (PLS) with secondary data types. The results of the study show that corporate governance is able to positively influence firm value. But the existence of company size can’t mediate the correlation between firm value and corporate governance. Whereas, corporate social responsibility is not able to influence company value but the existence of company size as a mediation is able to positively influence the correlation between corporate social responsibility and company value.

show abstract

The impact of corporate governance on firms’ value in an emerging country: The mediating role of corporate social responsibility and organisational identification

Cited by 28 publications

References 77 publications

Examining the impact of corporate governance and corporate financial reporting on firm value: A study of selected banks in Nigeria

Examining the impact of corporate governance and corporate financial reporting on firm value: A study of selected banks in Nigeria

Does audit quality moderate the impact of environmental, social and governance disclosure on firm value? Further evidence from Egypt

Peran Tata Kelola Dan Tanggung Jawab Sosial Dalam Meningkatkan Nilai Perusahaan Dengan Ukuran Perusahaan Sebagai Mediasi

Contact Info

Product

Resources

About