{"title":"The Impact of Corporate Social Responsibility on Firm Performance: Evidence from Non-financial Sector in ASEAN-5 Countries 2012-2016","authors":"Weneng Sandewa, R. Baskoro","doi":"10.2991/aprish-18.2019.34","DOIUrl":null,"url":null,"abstract":"The objective of this research is to analyze the impact of corporate social responsibility (CSR) on company performance for non-financial companies in the ASEAN-5— Indonesia, Malaysia, Singapore, Thailand, and the Philippines—during the 2012–2016 period. This research uses the fixed effect regression model. The results indicate that CSR has a negative and significant relationship to company performance for non-financial companies in the ASEAN-5. So that, companies with strong CSR are expected to have reduced company performance. Keywords—corporate social responsibility, financial performance, ASEAN – 5, period 2012–2016","PeriodicalId":111073,"journal":{"name":"Proceedings of the 3rd Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2018)","volume":"44 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2019-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Proceedings of the 3rd Asia-Pacific Research in Social Sciences and Humanities Universitas Indonesia Conference (APRISH 2018)","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.2991/aprish-18.2019.34","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The objective of this research is to analyze the impact of corporate social responsibility (CSR) on company performance for non-financial companies in the ASEAN-5— Indonesia, Malaysia, Singapore, Thailand, and the Philippines—during the 2012–2016 period. This research uses the fixed effect regression model. The results indicate that CSR has a negative and significant relationship to company performance for non-financial companies in the ASEAN-5. So that, companies with strong CSR are expected to have reduced company performance. Keywords—corporate social responsibility, financial performance, ASEAN – 5, period 2012–2016
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