Board political influence and corporate social responsibility: evidence from Jordan Online publication date: Tue, 04-Jan-2022
by Khaldoon Ahmad Al Daoud; Buthiena Kharabsheh
Global Business and Economics Review (GBER), Vol. 26, No. 1, 2022
Abstract: This study examines the relationship between board political influence and corporate social responsibility (CSR) in Jordan. To achieve this objective, an index from 36-items was created by the researchers to measure the CSR activities of these companies. Using a panel dataset of 210 firm-year observations of industrial firms listed on the Amman Stock Exchange over a four-year period (2014-2018), the findings showed significantly improved positive CSR activities by boards with greater political influence, also that implementation of CSR activities was strongly enhanced by external block holder presence on the board, whereas insider ownership showed mixed results and CEO ownership appeared negative; however, director ownership was highly positive and significant under both CSR measures. Furthermore, board independence had a negative impact on corporate CSR. The findings of the present study expand our understanding of the relationship between political influence and CSR activities, using various theories to explain particular theoretical associations.
Existing subscribers:
Go to Inderscience Online Journals to access the Full Text of this article.
If you are not a subscriber and you just want to read the full contents of this article, buy online access here.Complimentary Subscribers, Editors or Members of the Editorial Board of the Global Business and Economics Review (GBER):
Login with your Inderscience username and password:
Want to subscribe?
A subscription gives you complete access to all articles in the current issue, as well as to all articles in the previous three years (where applicable). See our Orders page to subscribe.
If you still need assistance, please email subs@inderscience.com
Our Blog 
Follow us on Twitter 
Visit us on Facebook