Artikel

The mediating effect of financial performance on the relationship between social responsibility and ownership structure

Existing literature is inconclusive about the relationship between social responsibility and institutional investors as it assumes, implicitly, that this relationship is direct. An alternative perspective, that has received less attention in the literature, is that this relationship can be mediated by other contextual variables such as financial performance. Thus, this study is aiming to provide some empirical evidence on this issue that may help in explaining divergence in prior work. Panel data regression was performed on a sample that includes all firms that are listed in the Egyptian social responsibility index during the period from 2007 to 2010. The results demonstrate that better (or worse) financial performance, and rather social responsibility, is the lead for institutional investors when they make their investment decisions.

Language
Englisch

Bibliographic citation
Journal: Future Business Journal ; ISSN: 2314-7210 ; Volume: 1 ; Year: 2015 ; Issue: 1/2 ; Pages: 1-12 ; Amsterdam: Elsevier

Classification
Management
Subject
Corporate social responsibility
Egypt
Financial performance
Institutional investors
Panel data

Event
Geistige Schöpfung
(who)
Wahba, Hayam
Elsayed, Khaled
Event
Veröffentlichung
(who)
Elsevier
(where)
Amsterdam
(when)
2015

DOI
doi:10.1016/j.fbj.2015.02.001
Handle
Last update
10.03.2025, 11:41 AM CET

Data provider

This object is provided by:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. If you have any questions about the object, please contact the data provider.

Object type

  • Artikel

Associated

  • Wahba, Hayam
  • Elsayed, Khaled
  • Elsevier

Time of origin

  • 2015

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