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Browsing Research Papers | ދިރާސީ ލިޔުންތައް by Subject "Financial Management"

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    Impact of corporate social responsibility on financial performance : a study on manufacturing companies listed in London stock exchange (LSE)-UK
    (2017) Ghosh, Bikon; Basit, Abdul; Hassan, Zubair
    The purpose of this study is to examine impact of Corporate Social Responsibility (CSR) on financial performance. The research is carried out on 36 manufacturing and production companies listed in the London Stock Exchange (LSE) within the period of 2011-2015, with the total observations of 180. The subsectors considered are Aerospace and Automotive, Mining, Industrial Goods, Food, Beverage and Tobacco, Domestic Goods, Industrial Machinery and Equipment, Healthcare and Paper Products. The independent variable used in this research is Corporate Social Responsibility (CSR) broken into 4 constituent: Corporate giving, Employee safety, Greenhouse gas emission reduction and waste reduction. The dependent variables used are Return on Assets (ROA) and Return on Equity (ROE). Sampling technique used in this research is convenience sampling. The research paradigm adopted a positivist approach and quantitative data was used. This study adopts an explanatory research design, and secondary data is collected and analyzed using E-views software to generate the descriptive, and regression statistics. Furthermore, the findings in this study show that Corporate giving, Employee safety and waste reduction have no significant impact on financial performance. However, Greenhouse gas emission reduction has significant but negative impact on financial performance.
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    Impact of environmental reporting on financial performance : study of global fortune 500 companies
    (2019-12-15) Zamil, G. M. Shahariar; Hassan, Zubair
    This study examines the impact of environmental reporting on the financial performance of Fortune 500 firms from 2013 to 2017. It appraises financial performance by measuring three independent variables: reduction in greenhouse gas emissions, reduction in waste, and reduction in water consumption. While the target population comprised the top 100 CSR-reputed companies listed on Fortune 500, the sample size was determined to be 50 based on observations of 250 companies. The collected data were analyzed using descriptive statistics, correlation, and regression analysis. Findings indicated that reduction in nominated variables such as greenhouse gas emissions and water consumption had a positive and significant impact on financial performance, whereas that in another variable, ie, waste, had a negative and significant impact on financial performance. Thereby, this study recommends that firms should adopt environment-friendly resources to attract stakeholders as well as save the planet. It also suggests that firms need to accord dedicated focus to environmental reporting to improve profitability.
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    Impact of gender diversity on Indian firm's financial performance
    (2018-05-30) Hassan, Zubair; Dankwano, Racheal Nana
    Gender diversity has tremendously gained attention in the corporate world both among policy makers and researchers. This is because it has been believed that gender diverse board brings different perspectives of idea to the board which enhances the firm financial performance. The purpose of this research is to examine the impact of gender diversity on Indian firm’s financial performance. The research has been carried out on 21 female dominated companies (having more than 10% female director’s) and 21 male dominated companies (having less than 10% female directors) listed on Bombay Stock Exchange (BSE) with total population of 220 companies spread across different industry segment from both public and private sectors. This research employed cross-sectional data for a period of 2017 and used stratified proportionate random sampling technique. The dependent variable firm financial performance adopted by the study used accounting base-return which is measure by Return on asset (ROA) and Return on equity (ROE). This study adopted an explanatory research design and secondary data was collected and analyzed through independent samples test and Group statistics using SPSS software. This research found that increasing number of female directors has a negative significant impact on ROA. Additionally, the study found increasing number of female directors has a positive significant impact on ROE. This research is limited in relying on cross-sectional data.