The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016
Authors
Weneng Sandewa, Rahmat Aryo Baskoro
Corresponding Author
Rahmat Aryo Baskoro
Available Online October 2019.
- DOI
- 10.2991/aprish-18.2019.34How to use a DOI?
- Keywords
- corporate social responsibility, financial performance, ASEAN - 5, period 2012-2016
- Abstract
The objective of this research is to analyze the impact of corporate social responsibility (CSR) on company performance for non-financial companies in the ASEAN-5-Indonesia, Malaysia, Singapore, Thailand, and the Philippines-during the 2012-2016 period. This research uses the fixed effect regression model. The results indicate that CSR has a negative and significant relationship to company performance for non-financial companies in the ASEAN-5. So that, companies with strong CSR are expected to have reduced company performance.
- Copyright
- © 2019, the Authors. Published by Atlantis Press.
- Open Access
- This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).
Cite this article
TY - CONF AU - Weneng Sandewa AU - Rahmat Aryo Baskoro PY - 2019/10 DA - 2019/10 TI - The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016 BT - Proceedings of the 3rd Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2018) PB - Atlantis Press SP - 262 EP - 266 SN - 2352-5398 UR - https://doi.org/10.2991/aprish-18.2019.34 DO - 10.2991/aprish-18.2019.34 ID - Sandewa2019/10 ER -