Napredna pretraga

Pregled bibliografske jedinice broj: 599166

Does financial performance have an impact on corporate sustainability and CSR disclosure - a case of Croatian companies


Vitezić, Neda; Vuko, Tina; Mörec, Barbara
Does financial performance have an impact on corporate sustainability and CSR disclosure - a case of Croatian companies // Journal of Business Management, 5 (2012), 48-55 (podatak o recenziji nije dostupan, članak, znanstveni)


Naslov
Does financial performance have an impact on corporate sustainability and CSR disclosure - a case of Croatian companies

Autori
Vitezić, Neda ; Vuko, Tina ; Mörec, Barbara

Izvornik
Journal of Business Management (1691-5348) 5 (2012); 48-55

Vrsta, podvrsta i kategorija rada
Radovi u časopisima, članak, znanstveni

Ključne riječi
Sustainability; financial performance; Croatian enterprises

Sažetak
Purpose - The main objective of this research is to investigate the link between corporate sustainability and financial performance. The question of interest is why companies make voluntary CSR disclosure or, more precisely, is profitability possible determinant for CSR activities? Design/Methodology/Approach - In order to test our hypothesis that financial performance increases the possibility that companies act socially responsible and disclose CSR reports we applied logistic regression analysis. The research is conducted on a sample of Croatian enterprises covering a period of nine years. Based on signalling theory, we expect that profitable companies have strong incentives to disclose information on social activities in order to enhance their competitive advantage and to avoid an incorrect assessment of their performance. Findings - Results of the research confirm positive relation between sustainability concept of performance and financial result. Namely, companies with better financial performance and larger size companies are more aware of their corporate social performance and report on it. Research limitations/implications - The study provides a starting point for further research on sustainability in developing and emerging markets. Originality/value – This paper makes an important contribution to the knowledge of corporate social responsibility in developing countries like Croatia, which gradually accept the concept of sustainable performance. In contrast to developed countries, there has not been a sufficient amount of empirical research on the matter in these countries.

Izvorni jezik
Engleski

Znanstvena područja
Ekonomija

Napomena
Rad prezentirala Vitezić, N. na ICAFT 2012 9th Interantional Conference on Accounting & Finance in Transition European & World Experience and Public Policy Consideration, 11.-13. October, 2012 RIGA Intenational School of Economics and Business Administration, Riga, Latvia



POVEZANOST RADA


Projekt / tema
081-0000000-1280 - Korporativno upravljanje i poslovna uspješnost (Neda Vitezić, )

Ustanove
Ekonomski fakultet, Rijeka

Autor s matičnim brojem:
Neda Vitezić, (155052)
Tina Vuko, (274394)

Uključenost u ostale bibliografske baze podataka:


  • EBSCO-Business Source Complete