Corporate Social Responsibility and Financial Performance: an Empirical Analysis of Malaysian Listed Firms

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dc.contributor Aalto University en
dc.contributor Aalto-yliopisto fi
dc.contributor.advisor Rannikko, Heikki Siw, Ming Wei 2017-05-11T10:12:19Z 2017-05-11T10:12:19Z 2017
dc.description.abstract Objectives The main purpose of this paper is to examine the relationship between Corporate Social Responsibility (CSR) and Corporate Financial Performance (CFP) in the context of Malaysian listed firms between year 2014 and 2016. Summary This paper analysed the ROE and Tobin’s Q between CSR and Non-CSR firm in the Kuala Lumpur Composite Index (KLCI) between 2014 and 2016 to test for the presence of a bidirectional relationship between CSR and CFP as per literature. The KLCI firms were segregated into CSR and Non-CSR by consulting the FTSE4Good Bursa Malaysia Index (FBMI). Among the methods used to test this relationship were Student’s t-test, multivariate and logistic regression. Bootstrap confidence intervals of the regression coefficients were further used to determine the strength of the relationship. Conclusions This study found that there is a positive and significant relationship between CSR and CFP in that CSR one year lagged is followed by improved CFP in the financial year. CFP one year prior, however, does not seem to lead to decisions to engage in CSR. Therefore, this study proposes that Malaysian listed firms should engage in CSR as it forms a viable part of the strategy of a firm. en
dc.format.extent 39
dc.format.mimetype application/pdf en
dc.language.iso en en
dc.title Corporate Social Responsibility and Financial Performance: an Empirical Analysis of Malaysian Listed Firms en
dc.type G1 Kandidaatintyö fi Kauppakorkeakoulu fi School of Business en
dc.contributor.department Mikkelin kampus fi
dc.subject.keyword corporate social responsibility en
dc.subject.keyword financial performance en
dc.subject.keyword Malaysian listed firms en
dc.subject.keyword Malaysia en
dc.identifier.urn URN:NBN:fi:aalto-201705114447
dc.type.ontasot Bachelor's thesis en
dc.type.ontasot Kandidaatintyö fi
dc.programme (Mikkeli) Bachelor’s Program in International Business en

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