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...

Full description

Saved in:
Bibliographic Details
Main Author: Obeitoh, Ozigi Omoyi
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