Effect of Corporate Social Responsibility Disclosure on Corporate Financial Performance in An Emerging Market DOI
Enyuan Su,

Rosli Mahmood,

Hishamuddin Md. Som

et al.

International Journal of Economics and Management, Journal Year: 2024, Volume and Issue: 18(3), P. 425 - 447

Published: Dec. 27, 2024

This study examines the relationship between corporate social responsibility (CSR) disclosure and financial performance among listed firms in Chengdu, China. Using Chinese Academy of Social Sciences (CASS)-CSR 4.0 standard, we analyzed extent quality CSR disclosures for 68 over 2019–2020 period. To address endogeneity, employed Ordinary Least Squares regression (OLS) Two-Stage (2SLS) estimations with two novel instruments. The findings reveal a positive correlation accounting-based metrics such as Return on Assets (ROA) Earnings per Share (EPS), while negative Tobin’s Q underscores complex dynamics market valuation. Building these insights, suggests policymakers incentivize voluntary through tax benefits or regulatory advantages consider mandating specific information based CASS-CSR Global Reporting Initiative (GRI) frameworks. approach could help enterprises define boundaries, enhance transparency, foster accountability, offering valuable insights into CSR-financial nexus emerging economy.

Language: Английский

Unlocking Poverty-Free Futures: Synergizing Social Work with CSR’s Vanguard Strategies DOI Creative Commons

Su Enyuan

IntechOpen eBooks, Journal Year: 2025, Volume and Issue: unknown

Published: March 7, 2025

Poverty remains one of the most pressing global challenges, deeply rooted in systemic inequalities and affecting millions worldwide. This chapter explores synergistic effect social work corporate responsibility (CSR) as a transformative approach to poverty alleviation. It introduces CSR Vanguard Strategies Conceptual Framework, developed align with sustainable impact through three interconnected pillars: embedding into identity, fostering collaborative ecosystems, driving outcome-focused innovation. Grounded theoretical rigor case studies evidence, highlights how work’s grassroots expertise can synergize CSR’s resources networks address poverty’s multidimensional complexities. Real-world studies, including microfinance, agriculture, mental health initiatives, technological advancements, illustrate practical application framework creating scalable solutions. The critically examines potential challenges CSR-social partnerships, offering actionable insights for practitioners policymakers foster genuine, impactful collaboration. By bridging theory practice, it presents alleviation shared responsibility, emphasizing innovative strategies that empower communities promote equitable development, ultimately inspiring reimagined future free from poverty.

Language: Английский

Citations

0
Do Business Group Affiliation and Corporate Social Responsibility help or Hurt Firm Performance? An Empirical Investigation DOI
Ritu Pareek, Subhas Mondal, Krishna Dayal Pandey

et al.

Asia-Pacific Financial Markets, Journal Year: 2025, Volume and Issue: unknown

Published: April 7, 2025

Language: Английский

Citations

0
Peer Effects on ESG Disclosure: Drivers and Implications for Sustainable Corporate Governance DOI Open Access
Donghui Zhao, Sue Lin Ngan, Ainul Huda Jamil

et al.

Sustainability, Journal Year: 2025, Volume and Issue: 17(10), P. 4392 - 4392

Published: May 12, 2025

Amid growing global concerns regarding sustainable governance, understanding the drivers of ESG disclosure is vital for promoting transparency and responsible corporate behavior. This study examines peer effects among 32,187 observations from Chinese A-share listed firms between 2010 2021. research employs an instrumental variable approach based on stock-specific idiosyncratic returns estimated via Carhart four-factor model to address endogeneity concerns. The results confirm significant effects, suggesting that adjust practices in response their industry counterparts. These are significantly moderated by firm-level characteristics, including information asymmetry, reputation, market competition, as well external conditions such economic policy uncertainty, business environment volatility, institutional quality. defines groups affiliation conducts robustness tests using risk clustering classification bias. contributes literature strengthening causal inference refining peer-driven behavior integrating theory, signaling economics. findings offer practical implications policymakers, investors, managers seeking promote convergence through incentives diverse regulatory contexts.

Language: Английский

Citations

0
Effect of Corporate Social Responsibility Disclosure on Corporate Financial Performance in An Emerging Market DOI
Enyuan Su,

Rosli Mahmood,

Hishamuddin Md. Som

et al.

International Journal of Economics and Management, Journal Year: 2024, Volume and Issue: 18(3), P. 425 - 447

Published: Dec. 27, 2024

This study examines the relationship between corporate social responsibility (CSR) disclosure and financial performance among listed firms in Chengdu, China. Using Chinese Academy of Social Sciences (CASS)-CSR 4.0 standard, we analyzed extent quality CSR disclosures for 68 over 2019–2020 period. To address endogeneity, employed Ordinary Least Squares regression (OLS) Two-Stage (2SLS) estimations with two novel instruments. The findings reveal a positive correlation accounting-based metrics such as Return on Assets (ROA) Earnings per Share (EPS), while negative Tobin’s Q underscores complex dynamics market valuation. Building these insights, suggests policymakers incentivize voluntary through tax benefits or regulatory advantages consider mandating specific information based CASS-CSR Global Reporting Initiative (GRI) frameworks. approach could help enterprises define boundaries, enhance transparency, foster accountability, offering valuable insights into CSR-financial nexus emerging economy.

Language: Английский

Citations

1