The Effect of Corporate Citizenship Activities (CCAS) on Financial Performance and Market Performance: The Omani Experience

• Authors: Mawih K. Shaker Al Ani , Syed Ahsan Jamil
• Languages of publication: EN

Abstracts

EN

The main objective of this study is to investigate and analyze the effects of corporate citizenship activities on the financial performance and market performance of Omani manufacturing companies in the Sultanate of Oman for the period 2009-2013. The Financial performance of companies is measured by two independent variables: return on assets (ROA) and return on equity (ROE). Market performance is measured by the fair market value of shares (FMV). CCAs are determined by the voluntary disclosures of corporate citizenship activities by the companies. The study concludes that there is a positive impact by CCAs on the financial and market performance of the Omani companies that leads to profit maximization.

Keywords

EN

corporate citizenship activities; financial performance; fair market value of shares; return on assets and return on equity

• Publisher: Sciendo
• Journal: South East European Journal of Economics and Business
• Year: 2015
• Volume: 10
• Issue: 1
• Pages: 45-54

Dates

published

2015-04-01

online

2015-08-04

Contributors

author

Mawih K. Shaker Al Ani

• Ph.D. Assistant Professor Department of Accounting and Finance College Of Commerce and Business Administration Dhofar University, Salalah, Sultanate of Oman

author

Syed Ahsan Jamil

• Ph.D. Associate Professor Department of Accounting and Finance College Of Commerce and Business Administration Dhofar University, Salalah, Sultanate of Oman

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Identifiers

DOI

10.1515/jeb-2015-0005