CSR and financial performance analysis: Evidence from top ASEAN listed companies

• Main Authors: Waworuntu, Stephanus Remond, Wantah, Michelle Dewi, Rusmanto, Toto
• Format: Conference or Workshop Item
• Language: English
• Published: Elsevier Ltd. 2014
• Subjects: HG Finance
• Online Access: http://repo.uum.edu.my/13422/1/69.pdf; http://repo.uum.edu.my/13422/; http://dx.doi.org/10.1016/j.sbspro.2014.11.107
• Institution: Universiti Utara Malaysia

The purpose of this research is to investigate whether the commitment of companies to their stakeholders has a relationship with better financial results and also to establish the extent and pattern of corporate disclosure in the top listed companies in the ASEAN region.This research found that there is a moderate to strong positive correlation between all the variables when analyzed as a whole. However, the correlation result varies when broken down into individual countries and sectors.There is an increasing awareness of CSR disclosure in the top listed ASEAN companies.