Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]

This article deals with the growing pressures and demands for emerging risk reporting that may help interested users assess the importance of social risk management for sustainable development. The objectives of this study were to examine the influence of individual and institutional ownership and s...

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Main Authors: Janggu, Tamoi, Sawani, Yussri, Yusoff, Haslinda, Darus, Faizah, Mohamed Zain, Mustaffa
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Selangor 2017
Subjects:
Online Access:http://ir.uitm.edu.my/id/eprint/31159/1/AJ_TAMOI%20JANGGU%20MAR%20B%2017.pdf
http://ir.uitm.edu.my/id/eprint/31159/
http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/669
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spelling my.uitm.ir.311592020-06-16T03:27:26Z http://ir.uitm.edu.my/id/eprint/31159/ Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.] Janggu, Tamoi Sawani, Yussri Yusoff, Haslinda Darus, Faizah Mohamed Zain, Mustaffa Management. Industrial Management Risk management. Risk in industry. Operational risk Malaysia This article deals with the growing pressures and demands for emerging risk reporting that may help interested users assess the importance of social risk management for sustainable development. The objectives of this study were to examine the influence of individual and institutional ownership and stakeholders on social risk disclosures and the joint effects on firms’ financial performances. Content analyses on the 2013 and 2014 annual reports of all plantation sector companies were carried out and analyzed using partial least square (SEM_PLS) software version 3.2. Based on the tests, we found significant relationships between institutional ownership and the number of stakeholders with social risk disclosures. However, there were no significant relationship between individual ownership and social risk disclosures. In addition, we found significant relationships between social risks and firms’ financial performances. These findings reveal that institutional shareholders and the number of stakeholders had a significant influence in deciding the disclosure of social risk information. Interestingly social risk information was found to be statistically significant on firms’ financial performance as measured by firms’ net profits. This paper, therefore, endorses the growing demand to fully embed social risk management in companies’ operations by both institutional shareholders and stakeholders in general. Universiti Teknologi MARA Cawangan Selangor 2017-12 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/31159/1/AJ_TAMOI%20JANGGU%20MAR%20B%2017.pdf Janggu, Tamoi and Sawani, Yussri and Yusoff, Haslinda and Darus, Faizah and Mohamed Zain, Mustaffa (2017) Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]. Management & Accounting Review, 16 (2). pp. 1-20. ISSN 2550-1895 http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/669
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Management. Industrial Management
Risk management. Risk in industry. Operational risk
Malaysia
spellingShingle Management. Industrial Management
Risk management. Risk in industry. Operational risk
Malaysia
Janggu, Tamoi
Sawani, Yussri
Yusoff, Haslinda
Darus, Faizah
Mohamed Zain, Mustaffa
Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
description This article deals with the growing pressures and demands for emerging risk reporting that may help interested users assess the importance of social risk management for sustainable development. The objectives of this study were to examine the influence of individual and institutional ownership and stakeholders on social risk disclosures and the joint effects on firms’ financial performances. Content analyses on the 2013 and 2014 annual reports of all plantation sector companies were carried out and analyzed using partial least square (SEM_PLS) software version 3.2. Based on the tests, we found significant relationships between institutional ownership and the number of stakeholders with social risk disclosures. However, there were no significant relationship between individual ownership and social risk disclosures. In addition, we found significant relationships between social risks and firms’ financial performances. These findings reveal that institutional shareholders and the number of stakeholders had a significant influence in deciding the disclosure of social risk information. Interestingly social risk information was found to be statistically significant on firms’ financial performance as measured by firms’ net profits. This paper, therefore, endorses the growing demand to fully embed social risk management in companies’ operations by both institutional shareholders and stakeholders in general.
format Article
author Janggu, Tamoi
Sawani, Yussri
Yusoff, Haslinda
Darus, Faizah
Mohamed Zain, Mustaffa
author_facet Janggu, Tamoi
Sawani, Yussri
Yusoff, Haslinda
Darus, Faizah
Mohamed Zain, Mustaffa
author_sort Janggu, Tamoi
title Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
title_short Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
title_full Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
title_fullStr Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
title_full_unstemmed Does social risk management matter? Influencing factors and their link to firms’ financial performances / Tamoi Janggu … [et al.]
title_sort does social risk management matter? influencing factors and their link to firms’ financial performances / tamoi janggu … [et al.]
publisher Universiti Teknologi MARA Cawangan Selangor
publishDate 2017
url http://ir.uitm.edu.my/id/eprint/31159/1/AJ_TAMOI%20JANGGU%20MAR%20B%2017.pdf
http://ir.uitm.edu.my/id/eprint/31159/
http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/669
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score 13.211869