IDEAS home Printed from https://ideas.repec.org/a/ids/ijbget/v18y2024i6p678-701.html
   My bibliography  Save this article

CSR and firm performance nexus in a highly unstable political context: institutional influence and community cohesion

Author

Listed:
  • Islam Abdeljawad
  • Mamunur Rashid
  • Nour Abdul-Rahman Arafat
  • Hadeel Naifeh
  • Nadeen Ghanem

Abstract

We provide evidence of the relationship between corporate social responsibility (CSR) and corporate financial performance (CFP) in Palestine, a highly unstable political context. Annual reports of all firms listed on the Palestine Exchange (PEX) for the period 2016-2019 were manually content analysed. A checklist of reported CSR items is summarised into four areas: environmental information, human resources, community involvement, and product and customer service quality. Results indicate a robust positive connection between each of the four dimensions and the composite CSR index with three performance indicators: ROA, ROE, and Tobin's Q. Results also find better performing companies with a higher degree of community involvement being greatly appealing, while the environmental dimension was the least resilient. We discuss the significance of community engagement for an unstable context like Palestine from a 'community cohesion' standpoint.

Suggested Citation

  • Islam Abdeljawad & Mamunur Rashid & Nour Abdul-Rahman Arafat & Hadeel Naifeh & Nadeen Ghanem, 2024. "CSR and firm performance nexus in a highly unstable political context: institutional influence and community cohesion," International Journal of Business Governance and Ethics, Inderscience Enterprises Ltd, vol. 18(6), pages 678-701.
    • Handle: RePEc:ids:ijbget:v:18:y:2024:i:6:p:678-701
    as

    Download full text from publisher

    File URL: http://www.inderscience.com/link.php?id=141803
    Download Restriction: Access to full text is restricted to subscribers.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ids:ijbget:v:18:y:2024:i:6:p:678-701. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Sarah Parker (email available below). General contact details of provider: http://www.inderscience.com/browse/index.php?journalID=70 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.