Analysis of the influence of financial factors on corporate social responsibility: evidence from Romania

• Autorzy: Man Mariana , Păunescu Carmen Florentina , Bogeanu-Popa Maria-Mădălina

Identyfikatory

DOI

10.17512/pjms.2021.24.1.12

Warianty tytułu

PL

Analiza wpływu czynników finansowych na społeczną odpowiedzialność biznesu: dowody z Rumunii

• Języki publikacji: EN

Abstrakty

EN

The novelty element of this paper is given by the Corporate Social Responsibility (CSR) connected with the three financial factors: the economic entity’s dimension, the rentability and the liquidity of the companies listed on Bucharest Stock Exchange (BSE). The sample consists of 83 companies listed on BSE on the regulated market during the year 2020. The data collected was processed using qualitative and quantitative research. A series of econometric models were used to analyze the data and determine the results, such as descriptive statistics, the Jarque-Bera test (J-B), the correlation between independent variables, the coefficient of determination, the F test and the T-test. The research results have shown that the size of the economic entity and profitability have had a significant influence on CSR elements, as demonstrated by the significance coefficient registered for the two independent variables. The testing of the issued hypotheses was through multiple regressions and significance coefficient (p-value). According to which the size of the economic entity and profitability influence the social responsibility of the companies listed on BSE, the hypotheses are validated, registering high correlations and, thus, significantly influencing CSR.

PL

Nowatorski element niniejszego opracowania stanowi Społeczna Odpowiedzialność Biznesu (CSR) związana z trzema czynnikami finansowymi: wymiarem podmiotu gospodarczego, rentownością i płynnością spółek notowanych na Giełdzie Papierów Wartościowych w Bukareszcie (BSE). Próba składa się z 83 spółek notowanych na BSE na rynku regulowanym w 2020 roku. Zebrane dane zostały przetworzone w ramach badań jakościowych i ilościowych. Do analizy danych i określenia wyników wykorzystano szereg modeli ekonometrycznych, takich jak statystyka opisowa, test Jarque-Bera (J-B), korelacja między zmiennymi niezależnymi, współczynnik determinacji, test F i T-test. Wyniki badań wykazały, że wielkość podmiotu gospodarczego i rentowność miały istotny wpływ na elementy CSR, o czym świadczy współczynnik istotności zarejestrowany dla dwóch zmiennych niezależnych. Testowanie stawianych hipotez odbywało się za pomocą regresji wielokrotnych i współczynnika istotności (wartość p). Zgodnie z tym, że wielkość podmiotu gospodarczego i rentowność wpływają na społeczną odpowiedzialność spółek notowanych na BSE, hipotezy są walidowane, rejestrując wysokie korelacje, a tym samym znacząco wpływając na CSR.

Słowa kluczowe

EN

CSR; financial factors; size of economic entity; profitability; liquidity

PL

CSR; czynniki finansowe; wielkość podmiotu gospodarczego; rentowność; płynność

• Wydawca: Czestochowa University of Technology
• Czasopismo: Polish Journal of Management Studies
• Rocznik: 2021
• Tom: Vol. 24, No. 1
• Strony: 202--219
• Opis fizyczny: Bibliogr. 34 poz., tab.

Twórcy

autor

Man Mariana

• Faculty of Sciences, Department of Economic Sciences, University of Petroșani, Romania

autor

Păunescu Carmen Florentina

• Doctoral School of Economics, University of Craiova, Romania

autor

Bogeanu-Popa Maria-Mădălina

• Faculty of Sciences, Department of Economic Sciences, University of Petroșani, Romania

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