Title: Impact of corporate social responsibility disclosures on financial performance - a Jordanian case study

Authors: Huthaifa Hazaima; Mary Low; Jackie Allen

Addresses: Department of Accounting, University of Waikato, Hamilton, New Zealand ' Department of Accounting, University of Waikato, Hamilton, New Zealand ' Department of Accounting, University of Waikato, Hamilton, New Zealand

Abstract: The purpose of this study is to explore the impact corporate social responsibility (CSR) disclosure has on the financial performance of industrial companies operating in Jordan. The study adopts a quantitative methodological approach. Using a statistical analysis technique the study tests three developed hypotheses. The study makes use of content analysis in order to extract data about the independent variable (CSR disclosures). The dependent variable is the average share price of companies in the sample. The total population is 67 industrial companies listed in Amman Stock Exchange (ASE), and the sample comprises of 65 of these companies. The three hypotheses were declined statistically and findings revealed a negative correlation between CSR disclosures and the financial performance of industrial companies located in Jordan.

Keywords: corporate social responsibility; CSR; disclosures; financial performance; Jordan.

DOI: 10.1504/IJCA.2017.090585

International Journal of Critical Accounting, 2017 Vol.9 No.5/6, pp.433 - 459

Received: 08 May 2021
Accepted: 12 May 2021

Published online: 09 Mar 2018 *

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