TY  - JOUR
AB  - Purpose– The purpose of this paper is to examine the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) of Malaysian public listed companies (PLCs) as an emerging market setting.Design/methodology/approach– A longitudinal data analysis with a large‐sample testing was carried out from 200 Malaysian PLCs by using panel data analysis during a seven‐years period. The statistical power with fixed effect and random effect model was utilized.Findings– Results of earlier estimations indicate that there are positive and significant related of the CSR on CFP. Two of the CSR dimensions, namely employee relations and community involvement, were found to be positively related to financial performance. This proves that CSR practices can be considered as effort to enhance the financial performance of PLCs in Malaysia. The results also reveal that there is limited evidence of the relationship between CSR and CFP in the longterm.Practical implications– These findings suggest that Malaysian PLCs should be involved consistently in their CSR practices because CSR has a significant impact on improving financial performance in Malaysian PLCs.Originality/value– The majority of studies on CSR in Malaysia pertain to the analysis of such reporting and motivations of managers toward CSR practices. This study conducts a comprehensive empirical research on the relationship between CSR and CFP in Malaysian PLCs.
VL  - 3
IS  - 2
SN  - 1757-4323
DO  - 10.1108/17574321111169849
UR  - https://doi.org/10.1108/17574321111169849
AU  - Saleh Mustaruddin
AU  - Zulkifli Norhayah
AU  - Muhamad Rusnah
PY  - 2011
Y1  - 2011/01/01
TI  - Looking for evidence of the relationship between corporate social responsibility and corporate financial performance in an emerging market
T2  - Asia-Pacific Journal of Business Administration
PB  - Emerald Group Publishing Limited
SP  - 165
EP  - 190
Y2  - 2024/04/24
ER  -