Role of Family Ownership in the Relationship between Corporate Social Responsibility and Firm Performance

被引：7
|
作者：
Setiawan, Doddy [1 ,2 ]
Asrihapsari, Andi [3 ]
Brahmana, Rayenda Khresna [4 ]
Rizky, Harumi Puspa [1 ]
Widawati, Mega Wahyu [1 ]
机构：
[1] Univ Sebelas Maret, Fac Econ & Business, Surakarta, Indonesia
[2] Univ Sebelas Maret, Ctr Fintech & Banking, Surakarta, Indonesia
[3] Univ Sebelas Maret, Sch Vocat, Surakarta, Indonesia
[4] Univ Bahrain, Coll Business Adm, Zallaq, Bahrain
来源：
COMPLEXITY | 2022年 / 2022卷
关键词：
FINANCIAL PERFORMANCE; CEO POWER; STAKEHOLDER THEORY; VALUE CREATION; CROSS-COUNTRY; CSR; DISCLOSURE; COST;
D O I：
10.1155/2022/1318875
中图分类号：
O1 [数学];
学科分类号：
0701 ; 070101 ;
摘要：
This study examines the effect of corporate social responsibility (CSR) on firm performance in Indonesia. Most Indonesian companies are family-owned; therefore, it is important to consider the family ownership's role in the relationship between CSR and firm performance. The study sample consists of 285 Indonesian listed firms for the period 2015-2019. Our results show that CSR positively affects performance. Companies that conduct more CSR activities perform better, indicating their importance. Further, the interaction between family ownership and CSR negatively affects firm performance. Therefore, family ownership weakens the positive effects of CSR. Family owners have significant disincentives for the CSR's positive effect in improving firm performance.
引用
收藏
页数：9
相关论文
共 50 条
  • [21] Corporate social responsibility disclosure and information asymmetry: the role of family ownership
    Martinez-Ferrero, Jennifer
    Rodriguez-Ariza, Lazaro
    Garcia-Sanchez, Isabel-Maria
    Cuadrado-Ballesteros, Beatriz
    REVIEW OF MANAGERIAL SCIENCE, 2018, 12 (04) : 885 - 916
  • [22] Corporate social responsibility and firm performance
    Khan, Inayat
    Jia, Ming
    Lei, Xue
    Niu, Ruiyang
    Khan, Javed
    Tong, Zelin
    TOTAL QUALITY MANAGEMENT & BUSINESS EXCELLENCE, 2023, 34 (5-6) : 672 - 691
  • [23] Corporate social responsibility and firm performance
    Department of International Business, National Kaohsiung University of Applied Sciences, Kaohsiung, Taiwan
    不详
    Proc. - Int. Conf. Bus. Intell. Financ. Eng., BIFE, (390-394):
  • [24] Corporate social responsibility, firm reputation, and firm performance: The role of ethical leadership
    Yan Zhu
    Li-Yun Sun
    Alicia S. M. Leung
    Asia Pacific Journal of Management, 2014, 31 : 925 - 947
  • [25] Corporate social responsibility, firm reputation, and firm performance: The role of ethical leadership
    Zhu, Yan
    Sun, Li-Yun
    Leung, Alicia S. M.
    ASIA PACIFIC JOURNAL OF MANAGEMENT, 2014, 31 (04) : 925 - 947
  • [26] The role of corporate governance and reputation in the disclosure of corporate social responsibility and firm performance
    Siddiqui, Faiza
    YuSheng, Kong
    Tajeddini, Kayhan
    HELIYON, 2023, 9 (05)
  • [27] The Relationship between Corporate Social Responsibility Reporting and Firm Performance and the Moderating Role of Firm Life Cycle Stages: Evidence from China
    Jan, Naveed
    Karn, Arodh Lal
    Li, Zeyun
    Liu, Xiyu
    SUSTAINABILITY, 2021, 13 (18)
  • [28] Market orientation, corporate social responsibility, and firm performance: The moderating role of relationship marketing orientation
    Hoang, Cuu Long
    Bui Thanh, Trang
    COGENT BUSINESS & MANAGEMENT, 2021, 8 (01):
  • [29] Corporate social responsibility, firm value, and influential institutional ownership
    Buchanan, Bonnie
    Cao, Cathy Xuying
    Chen, Chongyang
    JOURNAL OF CORPORATE FINANCE, 2018, 52 : 73 - 95
  • [30] The Role of Corporate Social Responsibility on the Relationship between Financial Performance and Company Value
    Utami, Elok Sri
    Hasan, Muhamad
    JOURNAL OF ASIAN FINANCE ECONOMICS AND BUSINESS, 2021, 8 (03): : 1249 - 1256
12345