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the Corporate Responsibility Index in Egypt, and (b) to construct a Z score model to discriminate between high and low … financial strategies that help support effective corporate governance and corporate social responsibility in Egypt. In addition …
Persistent link: https://www.econbiz.de/10013005488
Corporate social responsibility (CSR) is increasingly a core component of corporate strategy in the global economy. In recent years its importance has become even greater, primarily because of the financial scandals, investors’ losses, and reputational damage to listed companies. While...
Persistent link: https://www.econbiz.de/10010292298
Corporate social responsibility (CSR) disclosure has now become a key strategy issue for companies, thus raising the question of how CSR information impacts investor behaviour. This paper sets out to examine this topic using social reporting rankings generated by an independent body, the CFIE...
Persistent link: https://www.econbiz.de/10014217995
In today’s global economy, corporate social responsibility (CSR) is a core component of corporate strategy. Due in part to financial scandals, losses, and the diminished reputation of the affected listed companies, CRS is emerging as a crucial instrument for minimizing conflicts with...
Persistent link: https://www.econbiz.de/10005648877
Using a unique data set, I study how stock markets react to positive and negative events concerned with a firm׳s corporate social responsibility (CSR). I show that investors respond strongly negatively to negative events and weakly negatively to positive events. I then show that investors do...
Persistent link: https://www.econbiz.de/10011189254
. This paper addresses this lacuna using unique firm level data from South Africa and Egypt. Our results indicate that the …
Persistent link: https://www.econbiz.de/10014030578
Studies on corporate social responsibility (CSR) across the world mainly focus on the impact of CSR on a firm’s financial performance. However, there are hardly enough empirical evidences on the firm’s financial determinants of CSR expenditure. Therefore working with panel data from...
Persistent link: https://www.econbiz.de/10009755506
Accounting, economic, social and political, and slack resources theories provide different perspectives to addressing corporate social responsibility in relation to disclosure, corporate financial performance e.t.c. This paper aims to identify the determinants financial and non financial of...
Persistent link: https://www.econbiz.de/10009709593
In countries such as Trinidad and Tobago (T&T), the energy sector can make a significant contribution to country and community development, through corporate social responsibility (CSR). Focusing on socioeconomic and environmental domains, this paper examines what drives companies to develop...
Persistent link: https://www.econbiz.de/10011565589
This paper argues that mainstream economic theory, far from providing an indisputable plea in favor of shareholder value-maximization, offers striking arguments showing quite the opposite: profit-maximization cannot be a legitimate prioritarian goal for private firms. This opens the door for a...
Persistent link: https://www.econbiz.de/10013075467