![](/images/graphics-bg.png)
Corporate social and environmental responsibilities and corporate performance in manufacturing sector : evidence from Saudi Arabia
Other Title(s)
المسؤولية الاجتماعية و أداء الشركات في القطاع الصناعي : دراسة تطبيقية في المملكة العربية السعودية
Joint Authors
al-Juaydi, Khalid Salimin
Bafaqir, Salim Muhammad
al-Zahrani, Abd Allah Muhammad
Source
Issue
Vol. 3, Issue 1 (31 Mar. 2019), pp.293-314, 22 p.
Publisher
University of Ghardaia Faculty of Economic and Commercial and Management Sciences
Publication Date
2019-03-31
Country of Publication
Algeria
No. of Pages
22
Main Subjects
Economy and Commerce
Sociology and Anthropology and Social Work
Topics
Abstract EN
This study examines the associations of corporate social and environmental responsibilities with corporate performance in Saudi Arabia for the period of 2007-2011.
A pooled OLS regression analysis is used to estimate the associations proposed in the hypothesis.
The final sample consists of 164 listed companies in Tadawul.
The study finds that corporate social and environmental responsibilities are negatively associated with corporate performance in a form of return on equity.
Additionally, this study reports insignificant associations between corporate social and environmental responsibilities and corporate performance in forms of Tobin's Q and ROA.
Importantly, the study suggests that regulators, especially Saudi stock exchange, should mandate companies to disclose all relevant information related to corporate social responsibility in a transparent and timely manner, and increase law enforcement to enhance good corporate governance practices.
For companies, this study proposes that they should emphasize more on enhancing the role and the quality of their social and environmental responsibilities, board of directors and the audit committee members, as this enhancement may positively influence their performance.
American Psychological Association (APA)
al-Juaydi, Khalid Salimin& al-Zahrani, Abd Allah Muhammad& Bafaqir, Salim Muhammad. 2019. Corporate social and environmental responsibilities and corporate performance in manufacturing sector : evidence from Saudi Arabia. Journal of Economic Additions،Vol. 3, no. 1, pp.293-314.
https://search.emarefa.net/detail/BIM-1062607
Modern Language Association (MLA)
al-Juaydi, Khalid Salimin…[et al.]. Corporate social and environmental responsibilities and corporate performance in manufacturing sector : evidence from Saudi Arabia. Journal of Economic Additions Vol. 3, no. 1 (Mar. 2019), pp.293-314.
https://search.emarefa.net/detail/BIM-1062607
American Medical Association (AMA)
al-Juaydi, Khalid Salimin& al-Zahrani, Abd Allah Muhammad& Bafaqir, Salim Muhammad. Corporate social and environmental responsibilities and corporate performance in manufacturing sector : evidence from Saudi Arabia. Journal of Economic Additions. 2019. Vol. 3, no. 1, pp.293-314.
https://search.emarefa.net/detail/BIM-1062607
Data Type
Journal Articles
Language
English
Notes
Includes bibliographical references : p. 310-314
Record ID
BIM-1062607