{"id":"https://openalex.org/W2561751100","doi":"https://doi.org/10.22495/jgr_v5_i4_p3","title":"Corporate social responsibility and firm value: an empirical study of an emerging economy","display_name":"Corporate social responsibility and firm value: an empirical study of an emerging economy","publication_year":2016,"publication_date":"2016-01-01","ids":{"openalex":"https://openalex.org/W2561751100","doi":"https://doi.org/10.22495/jgr_v5_i4_p3","mag":"2561751100"},"language":"en","primary_location":{"id":"doi:10.22495/jgr_v5_i4_p3","doi":"https://doi.org/10.22495/jgr_v5_i4_p3","is_oa":true,"landing_page_url":"https://doi.org/10.22495/jgr_v5_i4_p3","pdf_url":null,"source":{"id":"https://openalex.org/S2764670738","display_name":"Journal of Governance and Regulation","issn_l":"2220-9352","issn":["2220-9352","2306-6784"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310322050","host_organization_name":"Publishing house \"Virtus Interpress\"","host_organization_lineage":["https://openalex.org/P4310322050"],"host_organization_lineage_names":["Publishing house \"Virtus Interpress\""],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Governance and Regulation","raw_type":"journal-article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":["crossref"],"open_access":{"is_oa":true,"oa_status":"hybrid","oa_url":"https://doi.org/10.22495/jgr_v5_i4_p3","any_repository_has_fulltext":false},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5010530683","display_name":"Hassan M. Hafez","orcid":"https://orcid.org/0000-0002-5706-2064","observed_orcids":["https://orcid.org/0000-0002-5706-2064","https://orcid.org/0000-0001-8045-5918"]},"institutions":[{"id":"https://openalex.org/I76571253","display_name":"Imam Abdulrahman Bin Faisal University","ror":"https://ror.org/038cy8j79","country_code":"SA","type":"education","lineage":["https://openalex.org/I76571253"]}],"countries":["SA"],"is_corresponding":true,"raw_author_name":"Hassan Hafez","raw_affiliation_strings":["University of Dammam, Saudi Arabia"],"raw_orcid":"https://orcid.org/0000-0002-5706-2064","affiliations":[{"raw_affiliation_string":"University of Dammam, Saudi Arabia","institution_ids":["https://openalex.org/I76571253"]}]}],"institutions":[],"countries_distinct_count":1,"institutions_distinct_count":1,"corresponding_author_ids":["https://openalex.org/A5010530683"],"corresponding_institution_ids":["https://openalex.org/I76571253"],"apc_list":null,"apc_paid":null,"fwci":2.5564,"has_fulltext":false,"cited_by_count":61,"citation_normalized_percentile":{"value":0.9243325,"is_in_top_1_percent":false,"is_in_top_10_percent":true},"cited_by_percentile_year":{"min":95,"max":99},"biblio":{"volume":"5","issue":"4","first_page":"40","last_page":"53"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T10115","display_name":"Corporate Social Responsibility Reporting","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T13957","display_name":"Corporate Governance and Financial Management","score":0.00019999999494757503,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12738","display_name":"Corporate Identity and Reputation","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1408","display_name":"Strategy and Management"},"field":{"id":"https://openalex.org/fields/14","display_name":"Business, Management and Accounting"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/corporate-social-responsibility","display_name":"corporate social responsibility","score":1.0},{"id":"https://openalex.org/keywords/firm-value","display_name":"firm value","score":0.9990000128746033},{"id":"https://openalex.org/keywords/financial-performance","display_name":"financial performance","score":0.9860000014305115},{"id":"https://openalex.org/keywords/return-on-assets","display_name":"return on assets","score":0.9470000267028809},{"id":"https://openalex.org/keywords/return-on-equity","display_name":"return on equity","score":1.0},{"id":"https://openalex.org/keywords/egyptian-listed-companies","display_name":"Egyptian listed companies","score":0.8420000076293945},{"id":"https://openalex.org/keywords/emerging-economy","display_name":"emerging economy","score":0.703000009059906}],"concepts":[{"id":"https://openalex.org/C4438859","wikidata":"https://www.wikidata.org/wiki/Q186117","display_name":"Timeline","level":2,"score":0.7892735004425049},{"id":"https://openalex.org/C141261163","wikidata":"https://www.wikidata.org/wiki/Q218600","display_name":"Corporate social responsibility","level":2,"score":0.7866052389144897},{"id":"https://openalex.org/C121955636","wikidata":"https://www.wikidata.org/wiki/Q4116214","display_name":"Accounting","level":1,"score":0.6272426247596741},{"id":"https://openalex.org/C2778253041","wikidata":"https://www.wikidata.org/wiki/Q699735","display_name":"Annual report","level":2,"score":0.5590189695358276},{"id":"https://openalex.org/C2776291640","wikidata":"https://www.wikidata.org/wiki/Q2912517","display_name":"Value (mathematics)","level":2,"score":0.5574745535850525},{"id":"https://openalex.org/C2780129039","wikidata":"https://www.wikidata.org/wiki/Q1931107","display_name":"Section (typography)","level":2,"score":0.5350217819213867},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.5056960582733154},{"id":"https://openalex.org/C199728807","wikidata":"https://www.wikidata.org/wiki/Q2578557","display_name":"Equity (law)","level":2,"score":0.49772050976753235},{"id":"https://openalex.org/C185669311","wikidata":"https://www.wikidata.org/wiki/Q1163221","display_name":"Return on assets","level":3,"score":0.48096218705177307},{"id":"https://openalex.org/C155530773","wikidata":"https://www.wikidata.org/wiki/Q591174","display_name":"Return on equity","level":3,"score":0.4759623408317566},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.34278377890586853},{"id":"https://openalex.org/C178550888","wikidata":"https://www.wikidata.org/wiki/Q2043282","display_name":"Business administration","level":1,"score":0.32001352310180664},{"id":"https://openalex.org/C10138342","wikidata":"https://www.wikidata.org/wiki/Q43015","display_name":"Finance","level":1,"score":0.26282668113708496},{"id":"https://openalex.org/C200870193","wikidata":"https://www.wikidata.org/wiki/Q11691","display_name":"Stock exchange","level":2,"score":0.16623437404632568},{"id":"https://openalex.org/C205649164","wikidata":"https://www.wikidata.org/wiki/Q1071","display_name":"Geography","level":0,"score":0.11712196469306946},{"id":"https://openalex.org/C39549134","wikidata":"https://www.wikidata.org/wiki/Q133080","display_name":"Public relations","level":1,"score":0.11469900608062744},{"id":"https://openalex.org/C17744445","wikidata":"https://www.wikidata.org/wiki/Q36442","display_name":"Political science","level":0,"score":0.10658040642738342},{"id":"https://openalex.org/C105795698","wikidata":"https://www.wikidata.org/wiki/Q12483","display_name":"Statistics","level":1,"score":0.08739474415779114},{"id":"https://openalex.org/C112698675","wikidata":"https://www.wikidata.org/wiki/Q37038","display_name":"Advertising","level":1,"score":0.0},{"id":"https://openalex.org/C199539241","wikidata":"https://www.wikidata.org/wiki/Q7748","display_name":"Law","level":1,"score":0.0},{"id":"https://openalex.org/C33923547","wikidata":"https://www.wikidata.org/wiki/Q395","display_name":"Mathematics","level":0,"score":0.0},{"id":"https://openalex.org/C166957645","wikidata":"https://www.wikidata.org/wiki/Q23498","display_name":"Archaeology","level":1,"score":0.0}],"mesh":[],"locations_count":1,"locations":[{"id":"doi:10.22495/jgr_v5_i4_p3","doi":"https://doi.org/10.22495/jgr_v5_i4_p3","is_oa":true,"landing_page_url":"https://doi.org/10.22495/jgr_v5_i4_p3","pdf_url":null,"source":{"id":"https://openalex.org/S2764670738","display_name":"Journal of Governance and Regulation","issn_l":"2220-9352","issn":["2220-9352","2306-6784"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310322050","host_organization_name":"Publishing house \"Virtus Interpress\"","host_organization_lineage":["https://openalex.org/P4310322050"],"host_organization_lineage_names":["Publishing house \"Virtus Interpress\""],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Governance and Regulation","raw_type":"journal-article"}],"best_oa_location":{"id":"doi:10.22495/jgr_v5_i4_p3","doi":"https://doi.org/10.22495/jgr_v5_i4_p3","is_oa":true,"landing_page_url":"https://doi.org/10.22495/jgr_v5_i4_p3","pdf_url":null,"source":{"id":"https://openalex.org/S2764670738","display_name":"Journal of Governance and Regulation","issn_l":"2220-9352","issn":["2220-9352","2306-6784"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific","norway-1","poland-20","russia-white-list-3"],"host_organization":"https://openalex.org/P4310322050","host_organization_name":"Publishing house \"Virtus Interpress\"","host_organization_lineage":["https://openalex.org/P4310322050"],"host_organization_lineage_names":["Publishing house \"Virtus Interpress\""],"type":"journal"},"license":"cc-by-nc","license_id":"https://openalex.org/licenses/cc-by-nc","version":"publishedVersion","is_accepted":true,"is_published":true,"raw_source_name":"Journal of Governance and Regulation","raw_type":"journal-article"},"sustainable_development_goals":[{"score":0.6955000162124634,"display_name":"Decent work and economic growth","id":"https://metadata.un.org/sdg/8"}],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":false,"pdf":false},"content_urls":null,"referenced_works_count":19,"referenced_works":["https://openalex.org/W119751264","https://openalex.org/W1559924327","https://openalex.org/W1582383763","https://openalex.org/W1716211434","https://openalex.org/W1950785596","https://openalex.org/W1977657880","https://openalex.org/W1999064493","https://openalex.org/W2047735993","https://openalex.org/W2049716007","https://openalex.org/W2128674560","https://openalex.org/W2130989233","https://openalex.org/W2133125203","https://openalex.org/W2134369678","https://openalex.org/W2153616754","https://openalex.org/W2177756622","https://openalex.org/W2184413817","https://openalex.org/W2769398054","https://openalex.org/W3122011775","https://openalex.org/W4285719527"],"related_works":["https://openalex.org/W2584433601","https://openalex.org/W2923293977","https://openalex.org/W7125388841","https://openalex.org/W4250653971","https://openalex.org/W2805126659","https://openalex.org/W4286664466","https://openalex.org/W4391689930","https://openalex.org/W3155798959","https://openalex.org/W3214293469","https://openalex.org/W2795073657"],"abstract_inverted_index":{"A":[0,13],"lot":[1,14],"of":[2,15,57,65,94,117,179,209],"researches":[3],"have":[4,17],"been":[5,18],"done":[6],"recently":[7],"on":[8,67,78,134,142,151,156,184],"Corporate":[9],"Social":[10],"Responsibliity":[11],"(\"CSR\").":[12],"studies":[16],"conducted":[19],"to":[20,35,43,52,61],"test":[21],"how":[22],"CSR":[23,66,128,180],"affects":[24],"firm":[25,68,135,185],"value":[26,69,136,186],"and":[27,48,70,114,121,137,154,181,187,201,207],"financial":[28,71,112,144,188],"perfromance.":[29],"Results":[30],"varies":[31],"from":[32,97,110],"one":[33,168],"study":[34,105],"another.":[36],"Some":[37],"proved":[38,50,126],"that":[39,81,127],"the":[40,63,76,85,88,111,118,170,176,193,210],"realtionship":[41],"is":[42,60,106,162,169],"be":[44,53],"positve,":[45],"or":[46],"negative":[47,132],"others":[49],"it":[51],"neutral.":[54],"The":[55],"purpose":[56],"this":[58,104],"research":[59,160,194],"evaluate":[62],"effect":[64,133,141],"performance":[72],"in":[73,84,87,103,146],"Egypt":[74,147],"through":[75],"application":[77],"33":[79],"companies":[80,120],"were":[82],"listed":[83],"EGX30":[86],"year":[89],"2001,":[90],"with":[91],"a":[92,130,138],"timeline":[93],"8":[95],"years":[96],"2007":[98],"till":[99],"2014.":[100],"Data":[101],"used":[102],"secondary":[107],"data":[108,199],"obtained":[109],"statements":[113],"annual":[115],"reports":[116],"egyptian":[119],"offical":[122],"online":[123],"websites.":[124],"We":[125],"has":[129],"insignifcant":[131],"signifcant":[139],"positive":[140],"firm\u2019":[143],"perfromance":[145],"measured":[148],"by":[149,173],"Return":[150,155],"Assets":[152],"(ROA)":[153],"equity":[157],"(ROE).":[158],"This":[159],"paper":[161],"divided":[163],"into":[164],"five":[165,204],"sections.":[166],"Section":[167,190],"introduction":[171],"followed":[172],"section":[174,196,203],"two":[175],"literature":[177],"review":[178],"its":[182],"impact":[183],"performance.":[189],"three":[191],"covers":[192],"methodology;":[195],"four":[197],"presents":[198],"analysis":[200],"finally":[202],"report":[205],"findings":[206],"conclusions":[208],"study.":[211]},"counts_by_year":[{"year":2026,"cited_by_count":2},{"year":2025,"cited_by_count":4},{"year":2024,"cited_by_count":8},{"year":2023,"cited_by_count":11},{"year":2022,"cited_by_count":11},{"year":2021,"cited_by_count":13},{"year":2020,"cited_by_count":8},{"year":2019,"cited_by_count":4}],"updated_date":"2026-11-07T11:25:07.637180","created_date":"2017-01-06T00:00:00"}