Effect of Social Responsibility and Financial Performances for mining companies of Mongolia

• 발행기관: 글로벌경영학회
• 저자명: Battuya Demberel Gantsooj
• 간행물 정보: 『글로벌경영학회학술대회 발표논문집』2018년 하계학술대회 발표논문집, 565~571쪽, 전체 7쪽
• 주제분류: 경제경영 > 경영학
• 파일형태: PDF
• 발행일자: 2018.05.30

영문 초록

In recent years, there are increased empirical studies on the relationship between Corporate Financial Performance (CFP) and Corporate Social Performance (CSP). More academics perceive that the social responsibility of a business is to increase its profits. Based on the view many papers focus that how CSR has e ects on CFP. e previous literatures with the relation between CSR and CFP show di erent results that are made in the di erent nancial measures and di erent countries. ere are not enough for study in case of Mongolia. us, the paper examines the relationship between CSR and CFP. Our study has covered 5 years’ period during 2013 to 2017 for mining companies listed on the MSE. e data is collected from database of Ministry of Finance Mongolia, Mongolia Stock Exchange and report for e Extractive Industries Transparency Initiative. In this research, nancial performance measures are ROA as accounting based measure and Tobin’s Q as market based measure as used in the previous studies. Employee and public responsibility are significant positive impact on Tobin’s Q. The result reports no significant relationship between environmental responsibility and CFP for mining companies. This suggests that CSR including environmental responsibility could not significantly influence on the profit and market value of companies. e future study relies on the di erent relationships between CSR and CFP.

목차

Introduction

2. Measurement and data analyses

4.Results

5.Conclusion