Moderating effect of slack resources on the charitable giving and firm performance nexus
This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an...
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| Format: | Article |
| Language: | en |
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Penerbit Universiti Kebangsaan Malaysia
2019
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| Online Access: | http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf http://journalarticle.ukm.my/14143/ http://www.ukm.my/fep/jem/content/2019-3.html |
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| author | Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, |
| author_facet | Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, |
| author_sort | Tan, Siow-Hooi |
| building | Tun Sri Lanang Library |
| collection | Institutional Repository |
| content_provider | Universiti Kebangsaan Malaysia |
| content_source | UKM Journal Article Repository |
| continent | Asia |
| country | Malaysia |
| description | This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an inverse U-shaped relationship between CG and FP. This curvilinear relationship suggests that though CG enhances FP, it does not imply an unlimited increased in charitable giving. Beyond a certain limit, firm performance will deteriorate. Furthermore, the empirical results also suggest that a firm’s slack resources play a vital role in strengthening the CG-FP relationship. This finding implies that firms with higher flexibility of slack resources may allocate their slack resources in relation to CG to improve their financial performance and subsequently remain competitive in the industry. |
| format | Article |
| id | my-ukm.journal.14143 |
| institution | Universiti Kebangsaan Malaysia |
| language | en |
| publishDate | 2019 |
| publisher | Penerbit Universiti Kebangsaan Malaysia |
| record_format | eprints |
| spelling | my-ukm.journal.141432020-02-07T10:56:40Z http://journalarticle.ukm.my/14143/ Moderating effect of slack resources on the charitable giving and firm performance nexus Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an inverse U-shaped relationship between CG and FP. This curvilinear relationship suggests that though CG enhances FP, it does not imply an unlimited increased in charitable giving. Beyond a certain limit, firm performance will deteriorate. Furthermore, the empirical results also suggest that a firm’s slack resources play a vital role in strengthening the CG-FP relationship. This finding implies that firms with higher flexibility of slack resources may allocate their slack resources in relation to CG to improve their financial performance and subsequently remain competitive in the industry. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf Tan, Siow-Hooi and Muzafar Shah Habibullah, and Ong, Hway-Boon and Azali Mohamed, (2019) Moderating effect of slack resources on the charitable giving and firm performance nexus. Jurnal Ekonomi Malaysia, 53 (3). pp. 1-11. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2019-3.html |
| spellingShingle | Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title | Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title_full | Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title_fullStr | Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title_full_unstemmed | Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title_short | Moderating effect of slack resources on the charitable giving and firm performance nexus |
| title_sort | moderating effect of slack resources on the charitable giving and firm performance nexus |
| url | http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf http://journalarticle.ukm.my/14143/ http://www.ukm.my/fep/jem/content/2019-3.html |
| url_provider | http://journalarticle.ukm.my/ |