Citation: UNSPECIFIED.
AMCVol1 Final.pdf - Published Version
Available under License Creative Commons Attribution Non-commercial Share Alike.
Download (425kB)
Abstract
The purpose of this study is to discover the influence Corporate Social Responsibility (CSR) disclosure has on the financial performance of industrial companies operational in New Zealand. The study implements a quantitative methodological approach. By means of a statistical analysis technique the study examines the hypothesis that CSR has a positive impact on financial performance of industries. The study makes use of content analysis in order to extract data about the independent variable (CSR Disclosure Index Rating) and dependent variable (Average Stock Price) of industrial companies. The sample comprises of 15 listed industrial companies in New Zealand. In this research it is observed that there is significance between CSR Disclosure and Financial Performance, apart from a few industries. This further reflects that there are several other factors which make CSR Disclosures affect financial performance, like industry risk and exposure and level of stakeholder engagement. The lower the rank of correlation, the better is the company. The analysis is being done with the help of correlation and regression method using MS-Excel and the data is being taken from New Zealand Stock Exchange and Bloomberg. With the help of all this data, the researcher will use it to make conclusions and offer suggestions.
Item Type: | Paper presented at a conference, workshop or other event, and published in the proceedings |
---|---|
Uncontrolled Keywords: | business, new zealand, corporate social responsibility |
Subjects: | H Social Sciences > HF Commerce |
Divisions: | Schools > Centre for Business, Information Technology and Enterprise > School of Business and Adminstration |
Depositing User: | Adrian France |
Date Deposited: | 26 Nov 2018 00:37 |
Last Modified: | 21 Jul 2023 07:32 |
URI: | http://researcharchive.wintec.ac.nz/id/eprint/6260 |