Document Type
Conference Item
Publication Date
1-1-2008
Abstract
This study, using longitudinal data analysis, attempts to address the question of whether CSR is linked to financial performance for PLCs in Malaysia. Despite CSR disclosure being at a nascent stage in Malaysia, the findings of this study solidly support the outcome of the majority of results in developed markets. It was found to be positively related to financial performance. This suggests that local firms can achieve advanced levels of financial performance if they engage in social activities. The findings also confirm that there is limited evidence of a significant effect of CSR on financial performance in a long-term relationship.
Keywords
Corporate Social Responsibility (CSR), Corporate Financial Performance (CFP), Fixed Effects (FE) model, Random Effects (RE) model, Bursa Malaysia .
Divisions
Financial_Accounting_and_Audit
Publication Title
16th Annual Conference on Pacific Basin Finance Economics Accounting Management (PBFEAM)
Event Title
16th Annual Conference on Pacific Basin Finance Economics Accounting Management (PBFEAM)
Event Location
Brisbane, Australia
Event Dates
2-4 July 2008
Event Type
conference