企业社会责任与风险承担:来自印度尼西亚的证据

Q3 Decision Sciences

ACRN Journal of Finance and Risk Perspectives Pub Date : 2019-01-01 DOI:10.35944/jofrp.2019.8.1.010

Rezki Ananda Mulia, J. Joni

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引用次数: 6

摘要

在本文中，我们调查了印尼企业社会责任(CSR)对风险承担的影响。我们收集了2016-2017年印尼证券交易所(IDX)上市公司的企业社会责任和其他公司治理数据。基于820家公司年度观察的结果表明，企业社会责任活动与企业风险呈负相关。这意味着企业社会责任活动的存在被利益相关者积极地感知。从而降低了公司的经营风险和市场风险。此外，我们测试内生性和主要发现仍然相似。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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Corporate Social Responsibility (CSR) and Risk Taking: Evidence from Indonesia

In this paper, we investigate the effect of Corporate Social Responsibility (CSR) on risk taking in Indonesia. We hand collect CSR and other corporate governance data from 2016-2017 for publicly listed firms on the Indonesian Stock Exchange (IDX). The results, based on 820 firm-year observations, suggest that CSR activity is negatively related to corporate’s risk. This means the presence of CSR activity is positively perceived by stakeholders. Therefore, it reduces operating and market risks of the company. Also, we test for endogeneity and the main findings remain similar.

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来源期刊

ACRN Journal of Finance and Risk Perspectives Business, Management and Accounting-Business and International Management

CiteScore

3.30

自引率

0.00%

发文量

审稿时长

14 weeks

期刊介绍： This journal is special because it aims to provide an outlet for inter-disciplinary and more in-depth research papers with various methodological approaches from the broad fields of Finance, Risk and Accounting. The target group of this journal are academics who want to get a better understanding of the interconnectedness of their fields by acknowledging the methods and theories used in closely related areas. The JOFRP thus aims to overcome the self-imposed paradigmatic boundaries and reflexive isomorphisms of the individual, typically rather narrow fields and invites new and combined perspectives from the fields of Finance, Risk and Accounting. Despite its methodological, topical and disciplinary openness - it does so with a strong focus on academic rigour and robustness. Articles can vary in size and approaches but all articles will be strictly double-blind peer reviewed and authors are frequently invited to discuss the ramifications of their articles in the global FRAP and SSFII conferences.