Corporate social responsibility disclosure financial performance and firm value : the case of Saudi Arabia
المؤلف
المصدر
Arab Journal of Administrative Sciences
العدد
المجلد 24، العدد 1 (31 يناير/كانون الثاني 2017)، ص ص. 81-105، 25ص.
الناشر
جامعة الكويت مجلس النشر العلمي
تاريخ النشر
2017-01-31
دولة النشر
الكويت
عدد الصفحات
25
التخصصات الرئيسية
إدارة الأعمال
العلوم المالية و المحاسبية
الموضوعات
الملخص EN
This study aims to recognize corporate social responsibility disclosure level and its potential influence on financial performance and firm value in an emerging country, Saudi Arabia.
Both the manual content analysis and regression analysis were used to examine a sample of 267 annual reports of Saudi listed firms during 2007-2011.
ROA was used as an accounting-based proxy for financial performance, while Tobins Q was used as a market-based proxy for firm value.
The results indicate a social disclosure average of 13 %, lower but near to levels of 14.61 % and 16% found by Al-Janadi et al.
(2013) and Macarulla and Talalweh (2012), respectively, in Saudi samples.
The results also indicate that social disclosure level could improve both financial performance measured by ROA and firm value measured by Tobin s Q.
Further, role duality, institutional and state ownerships and firm age are found to affect positively the financial performance, but none of governance variables is found to affect firm value.
These findings provide empirical evidence on economic implications of social disclosure that could help formulate firm disclosure policies and develop accounting and disclosure regulations.
Also, the study tests the arguments of instrumental stakeholders theory and good management theory regarding benefits of social and voluntary disclosures and arguments of agency theory regarding impact of corporate governance on firm financial performance and value.
نمط استشهاد جمعية علماء النفس الأمريكية (APA)
al-Habbash, Murya Sad. 2017. Corporate social responsibility disclosure financial performance and firm value : the case of Saudi Arabia. Arab Journal of Administrative Sciences،Vol. 24, no. 1, pp.81-105.
https://search.emarefa.net/detail/BIM-848322
نمط استشهاد الجمعية الأمريكية للغات الحديثة (MLA)
al-Habbash, Murya Sad. Corporate social responsibility disclosure financial performance and firm value : the case of Saudi Arabia. Arab Journal of Administrative Sciences Vol. 24, no. 1 (2017), pp.81-105.
https://search.emarefa.net/detail/BIM-848322
نمط استشهاد الجمعية الطبية الأمريكية (AMA)
al-Habbash, Murya Sad. Corporate social responsibility disclosure financial performance and firm value : the case of Saudi Arabia. Arab Journal of Administrative Sciences. 2017. Vol. 24, no. 1, pp.81-105.
https://search.emarefa.net/detail/BIM-848322
نوع البيانات
مقالات
لغة النص
الإنجليزية
الملاحظات
Includes bibliographical references : p. 101-105
رقم السجل
BIM-848322
قاعدة معامل التأثير والاستشهادات المرجعية العربي "ارسيف Arcif"
أضخم قاعدة بيانات عربية للاستشهادات المرجعية للمجلات العلمية المحكمة الصادرة في العالم العربي
تقوم هذه الخدمة بالتحقق من التشابه أو الانتحال في الأبحاث والمقالات العلمية والأطروحات الجامعية والكتب والأبحاث باللغة العربية، وتحديد درجة التشابه أو أصالة الأعمال البحثية وحماية ملكيتها الفكرية. تعرف اكثر