Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia
The study investigates the level of corporate sustainability disclosure on employee and the extent to which such disclosure influences financial performance of companies. The study examines relationship between five dimensions of corporate sustainability initiatives on employees and financial perfor...
Saved in:
Main Author: | |
---|---|
Format: | Thesis |
Language: | English |
Published: |
2018
|
Subjects: | |
Online Access: | http://psasir.upm.edu.my/id/eprint/68901/1/GSM%202018%201%20-%20IR.pdf |
Tags: |
Add Tag
No Tags, Be the first to tag this record!
|
id |
my-upm-ir.68901 |
---|---|
record_format |
uketd_dc |
spelling |
my-upm-ir.689012019-06-26T02:30:21Z Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia 2018-01 Obeitoh, Ozigi Omoyi The study investigates the level of corporate sustainability disclosure on employee and the extent to which such disclosure influences financial performance of companies. The study examines relationship between five dimensions of corporate sustainability initiatives on employees and financial performance. The study covers a six year period of 2010 to 2015 of 253 public listed companies in Malaysia. This study employs two-step system generalized method of moment (GMM) for analysis. The findings reveal a low level of employee disclosure by companies in Malaysia which is consistent with previous studies. The study establishes the need for government involvement to enhance disclosure as voluntary disclosure appears to be inadequate to achieve the desired result as evidence shows that countries where disclosure is compulsory have high disclosure compare to countries with voluntary disclosure. The result of the study indicates strong association between some measures of financial performance and some dimensions of corporate sustainability disclosure on employees. It also establishes the importance of employee welfare in corporate sustainability disclosure on employee. Employee welfare has strong relationship with NPM, ROE and EPS. In addition, the dimensions of employee welfare, employee workplace and employee human rights show consistent results with NPM, ROE and EPS.It also demonstrates the importance of corporate sustainability initiatives on employee in maintaining competitive advantage, industrial harmony, employee loyalty and commitment which can improve financial performance. Business planning Sustainable development - Malaysia 2018-01 Thesis http://psasir.upm.edu.my/id/eprint/68901/ http://psasir.upm.edu.my/id/eprint/68901/1/GSM%202018%201%20-%20IR.pdf text en public masters Universiti Putra Malaysia Business planning Sustainable development - Malaysia |
institution |
Universiti Putra Malaysia |
collection |
PSAS Institutional Repository |
language |
English |
topic |
Business planning Sustainable development - Malaysia |
spellingShingle |
Business planning Sustainable development - Malaysia Obeitoh, Ozigi Omoyi Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
description |
The study investigates the level of corporate sustainability disclosure on employee and the extent to which such disclosure influences financial performance of companies. The study examines relationship between five dimensions of corporate sustainability initiatives on employees and financial performance. The study covers a six year period of 2010 to 2015 of 253 public listed companies in Malaysia. This study employs two-step system generalized method of moment (GMM) for analysis.
The findings reveal a low level of employee disclosure by companies in Malaysia which is consistent with previous studies. The study establishes the need for government involvement to enhance disclosure as voluntary disclosure appears to be inadequate to achieve the desired result as evidence shows that countries where disclosure is compulsory have high disclosure compare to countries with voluntary disclosure.
The result of the study indicates strong association between some measures of financial performance and some dimensions of corporate sustainability disclosure on employees. It also establishes the importance of employee welfare in corporate sustainability disclosure on employee. Employee welfare has strong relationship with NPM, ROE and EPS. In addition, the dimensions of employee welfare, employee workplace and employee human rights show consistent results with NPM, ROE and EPS.It also demonstrates the importance of corporate sustainability initiatives on employee in maintaining competitive advantage, industrial harmony, employee loyalty and commitment which can improve financial performance. |
format |
Thesis |
qualification_level |
Master's degree |
author |
Obeitoh, Ozigi Omoyi |
author_facet |
Obeitoh, Ozigi Omoyi |
author_sort |
Obeitoh, Ozigi Omoyi |
title |
Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
title_short |
Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
title_full |
Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
title_fullStr |
Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
title_full_unstemmed |
Relationships between corporate sustainability initiatives on employees and financial performance of companies in Malaysia |
title_sort |
relationships between corporate sustainability initiatives on employees and financial performance of companies in malaysia |
granting_institution |
Universiti Putra Malaysia |
publishDate |
2018 |
url |
http://psasir.upm.edu.my/id/eprint/68901/1/GSM%202018%201%20-%20IR.pdf |
_version_ |
1747812646201065472 |