A Study of Selected Chemical Manufacturing Companies (original) (raw)
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Corporate Social Responsibility Reporting in India: Exploring Linkages with Firm Performance
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The study examines the corporate social responsibility (CSR) strategies and activities of firms as disclosed in annual reports, and explores its linkages to accounting and market performance of firms. The study examines the annual reports of a sample of 30 firms (out of 50) belonging to the benchmark index of the National Stock Exchange of India and tracks these reports for evidence of CSR activities over a 5-year period from 2007 to 2011. The study employs content analysis to study CSR disclosure and classifies and rates these activities using items from an established scale followed by construction of category-wise CSR indexes. The association of these indexes with firm performance is explored through a pooled regression model after provisioning for control variables and lag effects. The study finds that CSR reporting may not have any significant impact on accounting and market performance of the firm in the short term but environment-oriented CSR disclosure may be negatively rela...
Accounting and Finance Research, 2018
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Academy of Strategic Management Journal, 2019
Corporate Social Responsibility (CSR) research becomes a burning issue to the academics in the last three decades both in developed and developing countries. This study aims at examining the possible effect of Corporate Social Responsibility Disclosures (CSRD) on corporate performances based on five key dimensions of CSR, among the public listed companies in Bangladesh. We have considered the Return on Equity (ROE) and leverage ratio as the proxy of dependent variable-corporate performance. Five dimensions of the CSR practices namely, environment, employee, social and community services, product and customer are considered as the proxy of independent variable - CSRD. To determine the CSRD practices of the listed company a three scale content analysis having fifty seven items has been used. To conduct the study, a sample of 196 Dhaka Stock Exchange (DSE) listed companies from seventeen industries has been scrutinized. In our study, we have found significant relationship between the p...
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The objective of this study is to investigate the relationship between Corporate Social Responsibility and Financial Performance in Industrial sector of Iraq. The data is obtained from the annual reports issued by the companies for the period from (2014 to 2018). The correlation research design is will be identifying the relationship between earnings per share, return on assets, net profit margin and CSR. A sample of 30 companies will be chosen of the industrial sector this study will contribute to the finding of empirical studs or CSR and financial performance especially in Industrial sector of Iraq. Will be evaluated this study examines different impacts of positive and negative CSR on financial performance of industrial sector, theoretically based on positivity and negativity effects. Findings suggest mixed results across different industries and will contribute to companies' appropriate strategic decision-making for CSR disclosure by providing more precise information regarding the impacts of each directional CSR on financial performance.
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Purpose– Corporate Social Responsibility (CSR) disclosure and its discussion has become the subject of great interests in recent years. Over the years CSR disclosures and its reporting have been considered as stakeholders’ related disclosures. According to research conducted by CSR BOX, it is estimated that by year 2019 total corporate social responsibility (CSR) expenditure by the top 500 companies in India since the applicability of compulsory CSR in 2014 will be crossing 500 billion INR. The present study aims at understanding the status of Corporate Governance (CG) among Indian corporate sector; by analyzing data of BSE listed 4679 companies. These companies reflect the trend of CSR spending among Indian Corporate and there by checking Corporate Social Responsibility (CSR) reporting. This research gathered data from sample companies from CMIE Prowess data base for last four years (2015 to 2018).Study also aims at understanding that if corporates are governed properly then is i...