公司治理与公司可持续性绩效:企业社会责任支出的中介作用

IF 2.3 Q2 BUSINESS, FINANCE
Md Mamunur Rashid, Md Rabiul Kabir
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引用次数: 0

摘要

本研究调查了公司治理(CG)特征对企业可持续发展绩效(CSP)的影响,以及企业社会责任支出的规模是否会在新兴发展中经济体--孟加拉国--的背景下对这种关系起到中介作用。为了验证所提出的假设,本研究采用了 Baron 和 Kenny(1986 年)的四步模型。研究发现,企业管治的几个变量(董事会规模、董事会独立性、可持续财务委员会)对可持续发展绩效的几个方面(环境、社会和财务绩效)有显著影响。研究局限性/影响所研究的企业管治和所有权结构变量并非详尽无遗,而且对可持续发展绩效的衡量存在很大差异,这在一定程度上使其衡量具有主观性。原创性/价值本研究将企业社会责任支出的规模作为企业管治与可持续发展绩效之间关系的中介因素,该领域的现有文献很少涉及这一问题。
本文章由计算机程序翻译,如有差异,请以英文原文为准。
Corporate governance and corporate sustainability performance: the mediating role of CSR expenditure

Purpose

This study investigates the effect of corporate governance (CG) characteristics on corporate sustainability performance (CSP) and whether the magnitude of CSR expenditure mediates such a relationship in the context of an emerging and developing economy-Bangladesh.

Design/methodology/approach

This study collects data from the annual reports of 30 private commercial banks listed with the Dhaka Stock Exchange for the period starting from 2013 to 2022, giving 300 firm-year observations. To test the hypotheses formulated, this study uses Baron and Kenny’s (1986) four-step model. Data have been analyzed using AMOS 23 to examine the direct and indirect effect of CG on sustainability performance.

Findings

This study finds that several CG variables (board size, board independence, sustainable finance committee) significantly affect several facets of sustainability performance (environmental, social, and financial performance). However, the mediating role of the magnitude of CSR expenditure in the relationship between CG mechanisms and sustainability performance is found to be limited.

Research limitations/implications

The list of CG and ownership structure variables studied is not exhaustive, and the presence of a wide variation in the measurement of sustainability performance makes its measurement subjective to some extent.

Originality/value

This study uses the magnitude of CSR expenditure as a mediator in the relationship between CG and sustainability performance, which is rarely addressed by the extant literature in this field.

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来源期刊
Asian Review of Accounting
Asian Review of Accounting BUSINESS, FINANCE-
CiteScore
3.20
自引率
25.00%
发文量
32
期刊介绍: Covering various fields of accounting, Asian Review of Accounting publishes research papers, commentary notes, review papers and practitioner oriented articles that address significant international issues as well as those that focus on Asia Pacific in particular.Coverage includes but is not limited to: -Financial accounting -Managerial accounting -Auditing -Taxation -Accounting information systems -Social and environmental accounting -Accounting education Perspectives or viewpoints arising from regional, national or international focus, a private or public sector information need, or a market-perspective or social and environmental perspective are greatly welcomed. Manuscripts that present viewpoints should address issues of wide interest among accounting scholars internationally and those in Asia Pacific in particular.
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