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Type :thesis
Subject :HF Commerce
Main Author :Saud, Mustafa Abd Oun
Title :The relationship between CSR disclosure and financial performance in the Iraq public listed companies: firm size as a moderator
Place of Production :Tanjong Malim
Publisher :Fakulti Pengurusan dan Ekonomi
Year of Publication :2022
Corporate Name :Universiti Pendidikan Sultan Idris
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Abstract : Universiti Pendidikan Sultan Idris
Iraq corporations still perform below expectation and are yet to fully comply with the requirement of International Accounting Standards (IAS). Past research on corporate social responsibility (CSR) practices had shown positive effects on financial performance. Thus, this research aims to examine the relationship between the CSR dimensions disclosure and financial performance in Iraq corporations and the effect of firm size on CSR and financial performance. This study further analyses the moderating effect of firm size on the relationship between CSR dimensions and financial performance. CSR in this study refers to reporting in the environment, employee, community, product and governance dimensions. Financial performance is represented by Return on Assets (ROA), Net Profit Margin (NPM) and Earning per share (EPS). Stakeholder‘s theory, legitimacy theory and agency theory are used to support the linkage among CSR disclosures, firm size and financial performance in Iraq corporations. Data were collected from annual reports of 27 selected companies listed on the Iraq Stock Exchange (ISE) from 2016 to 2019. Panel data regression techniques namely Fixed Effects Estimation and Random Effects Estimation in addition to Pooled Ordinary Least Squares regression were carried out. The results showed that CSR dimensions of employees and products positively influence the ROA and EPS, while environment and governance negatively influence ROA, NPM and EPS. There is a significant relationship in community dimension influence the ROA, NPM and EPS. Furthermore, firm size significantly moderates the relationship between environment, employee, community and product dimension of CSR with financial performance. This indicates advantages for companies with a high level of firm size enable them to gain investors' confidence. The study provides insights into the need to formulate policy on the practice of CSR disclosure and firm size in Ira

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