Abdul Hamid, Fathilatul Zakimi and Abdul Rahman, Azhar and Che Ahmad, Ayoib and Ismail, Mohamad Sharofi (2004) An empirical investigation of corporate social responsibility by Malaysian public listed companies a panel data approach. Discussion Paper. Universiti Utara Malaysia, Sintok. (Unpublished)

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Abstract

This paper explores the level of social disclosure among the top 100 Malaysian listed companies. This study focuses on Malaysian companies because the Malaysian stock market is considered to be one of the largest stock market in terms of market capitalization in the Asia. Furthermore prior related empirical work largely focused on Western and developed countries. The main contribution of this study is the introduction of panel data analysis as opposed to traditional cross sectional analysis to demonstrate its potential to improve estimation. The panel data analysis shows that size and industry classification appears significantly influence to the disclosure practice. Moreover, legitimacy theory can be employed to explain the differences related to CSR disclosure theme, size and individual membership. However, weak relationship for profitability, age incorporated and government ownership against CSR disclosure. The implication of these findings may be explored in further research.

Item Type:	Monograph (Discussion Paper)
Uncontrolled Keywords:	corporate social responsibility, panel data, legitimacy theory
Subjects:	H Social Sciences > HD Industries. Land use. Labor
Divisions:	College of Business
Depositing User:	Mr. Fathilatul Zakimi Abdul Hamid
Date Deposited:	18 Jul 2013 07:03
Last Modified:	18 Jul 2013 07:03
URI:	https://repo.uum.edu.my/id/eprint/5972

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