Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia

A corporate social responsibility (CSR) strategy is thought to provide value to a business in the form of monetary gains in addition to fostering a positive corporate image. Still, there are a variety of motivations for participating in CSR initiatives. Without a doubt, participating in CSR needed a...

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Main Authors: Fatin Amellia, Raymond Joo, Mohamad, Jais, Joanne Shaza, Janang
Format: Article
Language:English
Published: Human Resource Management Academic Research Society 2024
Subjects:
Online Access:http://ir.unimas.my/id/eprint/47259/1/corporate-social-responsibility-and-firm-financial-performance-of-public-listed-company-in-malaysia.pdf
http://ir.unimas.my/id/eprint/47259/
https://hrmars.com/index.php/IJARAFMS/article/view/17705/Corporate-Social-Responsibility-and-Firm-Financial-Performance-of-Public-Listed-Company-in-Malaysia
http://dx.doi.org/10.6007/IJARAFMS/v14-i2/17705
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spelling my.unimas.ir-472592025-01-05T23:44:17Z http://ir.unimas.my/id/eprint/47259/ Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia Fatin Amellia, Raymond Joo Mohamad, Jais Joanne Shaza, Janang HG Finance A corporate social responsibility (CSR) strategy is thought to provide value to a business in the form of monetary gains in addition to fostering a positive corporate image. Still, there are a variety of motivations for participating in CSR initiatives. Without a doubt, participating in CSR needed a significant financial and resource commitment, which will reduce the corporation's profit margin. CSR activities has been proved that it can improve a company's reputation and present a positive picture to stakeholders. Even if businesses must contribute financially, the expenses will pay off in the form of increased profits and shareholder trust and confidence. This study is aimed to study the impact of corporate social responsibility (CSR) on firm financial performance of the selected sectors that help in raising Malaysia economy. In this research, a quantitative method is adopted to analyse the secondary data collected through Stata 14 SE software. This research obtained the data over the period of 2016 to 2020 of 124 public listed companies of Malaysia from the sector of construction, industrial products and services, consumer products and services, plantation, and energy. From this study, it showed that CSR has insignificance impact on ROA of the public listed companies in Malaysia from the five selected sectors. The findings of this study also show that CSR has significance impact on financial performance as assessed by NPM of public listed companies in Malaysia from the five selected sectors. Human Resource Management Academic Research Society 2024 Article PeerReviewed text en http://ir.unimas.my/id/eprint/47259/1/corporate-social-responsibility-and-firm-financial-performance-of-public-listed-company-in-malaysia.pdf Fatin Amellia, Raymond Joo and Mohamad, Jais and Joanne Shaza, Janang (2024) Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia. International Journal of Academic Research in Accounting, Finance and Management Sciences, 14 (2). pp. 56-67. ISSN 2225-8329 https://hrmars.com/index.php/IJARAFMS/article/view/17705/Corporate-Social-Responsibility-and-Firm-Financial-Performance-of-Public-Listed-Company-in-Malaysia http://dx.doi.org/10.6007/IJARAFMS/v14-i2/17705
institution Universiti Malaysia Sarawak
building Centre for Academic Information Services (CAIS)
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Malaysia Sarawak
content_source UNIMAS Institutional Repository
url_provider http://ir.unimas.my/
language English
topic HG Finance
spellingShingle HG Finance
Fatin Amellia, Raymond Joo
Mohamad, Jais
Joanne Shaza, Janang
Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
description A corporate social responsibility (CSR) strategy is thought to provide value to a business in the form of monetary gains in addition to fostering a positive corporate image. Still, there are a variety of motivations for participating in CSR initiatives. Without a doubt, participating in CSR needed a significant financial and resource commitment, which will reduce the corporation's profit margin. CSR activities has been proved that it can improve a company's reputation and present a positive picture to stakeholders. Even if businesses must contribute financially, the expenses will pay off in the form of increased profits and shareholder trust and confidence. This study is aimed to study the impact of corporate social responsibility (CSR) on firm financial performance of the selected sectors that help in raising Malaysia economy. In this research, a quantitative method is adopted to analyse the secondary data collected through Stata 14 SE software. This research obtained the data over the period of 2016 to 2020 of 124 public listed companies of Malaysia from the sector of construction, industrial products and services, consumer products and services, plantation, and energy. From this study, it showed that CSR has insignificance impact on ROA of the public listed companies in Malaysia from the five selected sectors. The findings of this study also show that CSR has significance impact on financial performance as assessed by NPM of public listed companies in Malaysia from the five selected sectors.
format Article
author Fatin Amellia, Raymond Joo
Mohamad, Jais
Joanne Shaza, Janang
author_facet Fatin Amellia, Raymond Joo
Mohamad, Jais
Joanne Shaza, Janang
author_sort Fatin Amellia, Raymond Joo
title Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
title_short Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
title_full Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
title_fullStr Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
title_full_unstemmed Corporate Social Responsibility and Firm Financial Performance of Public Listed Company in Malaysia
title_sort corporate social responsibility and firm financial performance of public listed company in malaysia
publisher Human Resource Management Academic Research Society
publishDate 2024
url http://ir.unimas.my/id/eprint/47259/1/corporate-social-responsibility-and-firm-financial-performance-of-public-listed-company-in-malaysia.pdf
http://ir.unimas.my/id/eprint/47259/
https://hrmars.com/index.php/IJARAFMS/article/view/17705/Corporate-Social-Responsibility-and-Firm-Financial-Performance-of-Public-Listed-Company-in-Malaysia
http://dx.doi.org/10.6007/IJARAFMS/v14-i2/17705
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score 13.235362