Evidence from multiple countries: does investment into internal corporate social responsibility improve firm efficiency?

被引：2

作者：

Setyowati, Arum ^{[1
,3
]}

Wanke, Peter ^{[2
]}

Kamarudin, Fakarudin ^{[3
]}

Bany-Ariffin, A. N. ^{[3
]}

Matemilola, Bolaji Tunde ^{[3
]}

机构：

[1] Univ Sebelas Maret, Fac Econ & Business, Surakarta, Indonesia

[2] Univ Fed Rio de Janeiro, Rio De Janneiro, Brazil

[3] Univ Putra Malaysia, Sch Business & Econ, Serdang, Malaysia

来源：

JOURNAL OF SUSTAINABLE FINANCE & INVESTMENT | 2024年 / 14卷 / 02期

关键词：

Internal corporate social responsibility; firm efficiency; data envelopment analysis; PERFORMANCE;

D O I：

10.1080/20430795.2021.2016362

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

This paper investigates the relationship between internal corporate social responsibility (ICSR) and firm efficiency. Our research employed a two-stage analysis of 33,413 firm-year observations from between 2008 and 2020. First, we measured the level of firm efficiency using data envelopment analysis (DEA). Second, we used panel regression to investigate the impact of investments made by firms into ICSR on their efficiency. Our results showed that such investments into ICSR (e.g. on employee development) increased firm efficiency during the study period.

引用

页码：444 / 448

页数：5

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