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THE IMPACT OF FLOATING EXCHANGE RATE ON THE SOCIAL RESPONSIBILITY AN APPLIED STUDY ON BUSINESS SECTOR COMPANIES IN EGYPT

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

Although a relationship between exchange rate and social responsibility may be unexpected, the aim of the current research is to confirm the existence of a relationship or not. Therefore, the researchers used the descriptive and quantitative analytical method to analyze the data collected based on a survey that was distributed electronically to avoid dealing on paper due to the outbreak of Corona disease, where 200 responses were obtained from the respondents. The results indicated that exchange rate has a positive impact on the ability of companies affiliated with the business sector to carry out their social responsibility. As the association of companies' names with societal contributions increases consumer preference for their products, which will benefit them by increasing sales and achieving more profits. Therefore, we expect to motivate companies to carry out their social responsibility, to issue tax exemptions for these companies, and to have societal contributions within 2% of the annual net profit.

DOI

10.21608/jes.2022.144545.1254

Keywords

exchange rate, social responsibility, Environmental responsibility, Governance, Business sector companies

Authors

First Name

S. Abdel Kader

Last Name

Ayman

MiddleName

-

Affiliation

Misr Company for Alumnium

Email

alhady2003@yahoo.com

City

Cairo

Orcid

-

First Name

A. Hammad

Last Name

Tarek

MiddleName

-

Affiliation

Faculty of Commerce, Ain Shams University

Email

-

City

-

Orcid

-

First Name

Fawzy

Last Name

Wael

MiddleName

-

Affiliation

Faculty of Commerce, Ain Shams University

Email

-

City

-

Orcid

-

Volume

51

Article Issue

6

Related Issue

36352

Issue Date

2022-06-01

Receive Date

2022-06-13

Publish Date

2022-06-01

Page Start

45

Page End

84

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_257580.html

Detail API

https://jes.journals.ekb.eg/service?article_code=257580

Order

94

Type

Review Article

Type Code

599

Publication Type

Journal

Publication Title

Journal of Environmental Science

Publication Link

https://jes.journals.ekb.eg/

MainTitle

THE IMPACT OF FLOATING EXCHANGE RATE ON THE SOCIAL RESPONSIBILITY AN APPLIED STUDY ON BUSINESS SECTOR COMPANIES IN EGYPT

Details

Type

Article

Created At

22 Jan 2023