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Financial and Non Financial Determinants of Corporate Social Responsibility

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  • Faris Nasif AL- Shubiri
  • Abedalfattah Zuhair Al-Abedallat
  • Marwan Mohammad Abu Orabi

Abstract

Accounting, economic, social and political, and slack resources theories provide different perspectives to addressing corporate social responsibility in relation to disclosure, corporate financial performance e.t.c. This paper aims to identify the determinants financial and non financial of corporate social responsibility (CSR) in Jordan .The annual reports determine a sample of 60 industrial companies listed on the Amman Stock Exchange for a period from 2006 to 2010 in Jordan were used as a basis for the study. The results of the analysis imply that companies that are expected to be large in size firm, age of firm, maintaining growth and are highly leveraged are more likely to voluntary disclose social responsibility information. The result lends partial support to agency and political economy theories

Suggested Citation

  • Faris Nasif AL- Shubiri & Abedalfattah Zuhair Al-Abedallat & Marwan Mohammad Abu Orabi, 2012. "Financial and Non Financial Determinants of Corporate Social Responsibility," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 2(8), pages 1001-1012.
    • Handle: RePEc:asi:aeafrj:v:2:y:2012:i:8:p:1001-1012:id:946
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    References listed on IDEAS

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    2. Norma Md Saad & Salina Kassim & Zarinah Hamid, 2013. "Involvement of Corporate Entities in Waqaf Management: Experiences of Malaysia and Singapore," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(6), pages 736-748, June.
    3. Md. Al Mamun & Kazi Sohog & Ayesha Akhter, 2013. "A Dynamic Panel Analysis of the Financial Determinants of CSR in Bangladeshi Banking Industry," Asian Economic and Financial Review, Asian Economic and Social Society, vol. 3(5), pages 560-578, May.
    4. Jamali, Dima & Jain, Tanusree & Samara, Georges & Zoghbi, Edwina, 2020. "How institutions affect CSR practices in the Middle East and North Africa: A critical review," Journal of World Business, Elsevier, vol. 55(5).
    5. Shilpee A. Dasgupta & Mayank Bhatia & Upasana Singh & Arghya Ray, 2022. "Impact of CSR on non-financial performance and the mediating role of trust and reputation: Indian manufacturing employees’ perspectives," International Review on Public and Nonprofit Marketing, Springer;International Association of Public and Non-Profit Marketing, vol. 19(2), pages 391-412, June.

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    More about this item

    Keywords

    Corporate social responsibility; Annual reports of Jordan; Legitimacy Theory;
    All these keywords.

    JEL classification:

    • D21 - Microeconomics - - Production and Organizations - - - Firm Behavior: Theory
    • G21 - Financial Economics - - Financial Institutions and Services - - - Banks; Other Depository Institutions; Micro Finance Institutions; Mortgages
    • L21 - Industrial Organization - - Firm Objectives, Organization, and Behavior - - - Business Objectives of the Firm
    • Z12 - Other Special Topics - - Cultural Economics - - - Religion

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