Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem

This study examined the interrelationships between Corporate Social Responsibility (CSR), Technology Adoption in accounting, and Financial Performance within the context of the Saudi corporate sector. The primary aim was to investigate the extent of associations among CSR activities, technology adop...

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Main Authors: Khoja, Maysoon, Addrayhem, Moodhi
Format: Article
Language:English
Published: Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2024
Subjects:
Online Access:https://ir.uitm.edu.my/id/eprint/95494/2/95494.pdf
https://ir.uitm.edu.my/id/eprint/95494/
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spelling my.uitm.ir.954942024-06-25T06:39:12Z https://ir.uitm.edu.my/id/eprint/95494/ Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem apmaj Khoja, Maysoon Addrayhem, Moodhi Social responsibility of business. Social entrepreneurship Financial management. Business finance. Corporation finance This study examined the interrelationships between Corporate Social Responsibility (CSR), Technology Adoption in accounting, and Financial Performance within the context of the Saudi corporate sector. The primary aim was to investigate the extent of associations among CSR activities, technology adoption strategies, and financial outcomes in Saudi medium to large firms. A quantitative approach was utilized, employing a structured questionnaire administered to decision-makers in diverse industry sectors. Data analysis involved correlation analysis, regression modeling, and ANOVA tests to explore the relationships and impacts of CSR and technology adoption on financial performance. Strong positive correlations were identified between CSR, Technology Adoption in accounting, and Financial Performance, signifying their mutual influence. Regression analyses revealed that both CSR and Technology Adoption significantly predicted Financial Performance, with Technology Adoption exhibiting a notably higher impact. The findings underline the substantial role of CSR initiatives and technology adoption in driving improved financial outcomes within the Saudi corporate landscape. This suggests that organizations emphasizing CSR and adopting advanced technologies may experience enhanced financial performance. This study contributes to understanding the intricate links between CSR, technology integration, and financial success within a specific business context, offering insights for decision-makers and stakeholders in aligning strategies for improved performance. Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA 2024-04 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/95494/2/95494.pdf Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem. (2024) Asia-Pacific Management Accounting Journal (APMAJ) <https://ir.uitm.edu.my/view/publication/Asia-Pacific_Management_Accounting_Journal_=28APMAJ=29/>, 19 (1): 7. pp. 149-181. ISSN 2550-1631
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 Social responsibility of business. Social entrepreneurship
Financial management. Business finance. Corporation finance
spellingShingle Social responsibility of business. Social entrepreneurship
Financial management. Business finance. Corporation finance
Khoja, Maysoon
Addrayhem, Moodhi
Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
description This study examined the interrelationships between Corporate Social Responsibility (CSR), Technology Adoption in accounting, and Financial Performance within the context of the Saudi corporate sector. The primary aim was to investigate the extent of associations among CSR activities, technology adoption strategies, and financial outcomes in Saudi medium to large firms. A quantitative approach was utilized, employing a structured questionnaire administered to decision-makers in diverse industry sectors. Data analysis involved correlation analysis, regression modeling, and ANOVA tests to explore the relationships and impacts of CSR and technology adoption on financial performance. Strong positive correlations were identified between CSR, Technology Adoption in accounting, and Financial Performance, signifying their mutual influence. Regression analyses revealed that both CSR and Technology Adoption significantly predicted Financial Performance, with Technology Adoption exhibiting a notably higher impact. The findings underline the substantial role of CSR initiatives and technology adoption in driving improved financial outcomes within the Saudi corporate landscape. This suggests that organizations emphasizing CSR and adopting advanced technologies may experience enhanced financial performance. This study contributes to understanding the intricate links between CSR, technology integration, and financial success within a specific business context, offering insights for decision-makers and stakeholders in aligning strategies for improved performance.
format Article
author Khoja, Maysoon
Addrayhem, Moodhi
author_facet Khoja, Maysoon
Addrayhem, Moodhi
author_sort Khoja, Maysoon
title Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
title_short Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
title_full Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
title_fullStr Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
title_full_unstemmed Exploring the relationship between corporate social responsibility and technology adoption on financial performance / Maysoon Khoja and Moodhi Addrayhem
title_sort exploring the relationship between corporate social responsibility and technology adoption on financial performance / maysoon khoja and moodhi addrayhem
publisher Accounting Research Institute (ARI) and UiTM Press, Universiti Teknologi MARA
publishDate 2024
url https://ir.uitm.edu.my/id/eprint/95494/2/95494.pdf
https://ir.uitm.edu.my/id/eprint/95494/
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score 13.211869