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327425

THE IMPACT OF THE EGYPTIAN INDEX OF CORPORATE RESPONSIBILITY FOR SUSTAINABLE DEVELOPMENT ON FINANCIAL PERFORMANCE A FIELD STUDY ON SOME COMPANIES LISTED ON THE EGYPTIAN STOCK EXC

Article

Last updated: 03 Jan 2025

Subjects

-

Tags

Economics

Abstract

This study examined the impact of the Egyptian Corporate Responsibility Index on financial performance, which will contribute to improving the level of well-being of society and reducing social, economic and environmental problems. The study followed the deductive approach, in which questionnaires were used in order to collect the necessary primary data to identify the variables of the study to verify and analyze the hypotheses. Financial statements, final accounts, and reports on social efforts that are announced via the Internet were also used. The results showed that there is A strong correlation between the variables and dimensions of governance, social and environmental responsibility with the rate of return on equity index at the level of all results for companies inside/outside the (EGX30) index. There is an effect on some of the variables and dimensions of governance,  it showed a direct relationship between the variables and dimensions of governance, social responsibility, environmental responsibility, and the responsibility of the establishment towards the external environment, while there is an inverse relationship between the variables and dimensions of governance, social responsibility, environmental responsibility, and external and internal social responsibility. These results were at the level of the results of companies within the index only, and there are no results for companies outside the index. There is an impact of some variables and dimensions of governance, social responsibility and environmental responsibility at the level of companies within the index, as it was explained that there is a direct effect of the responsibility of the establishment towards the external environment, while there is an inverse effect of external Responsibility.      

DOI

10.21608/jes.2023.236378.1625

Authors

First Name

Mostafa Mahmoud

Last Name

Abdelrazek

MiddleName

-

Affiliation

Faculty of Graduate Studies and Environmental Research, Ain Shams University

Email

malekabdelrazek89@gmail.com

City

سوهاج

Orcid

-

First Name

Tarek A.

Last Name

Hammad

MiddleName

-

Affiliation

Faculty of commerce, Ain shams university.

Email

-

City

-

Orcid

-

First Name

Mostafa I.

Last Name

Awad

MiddleName

-

Affiliation

Faculty of Graduate Studies and Environmental Research, Ain Shams University

Email

-

City

-

Orcid

-

First Name

Maged M.

Last Name

Yousry

MiddleName

-

Affiliation

Misr Higher Institute of Commerce and Computers.

Email

-

City

-

Orcid

-

Volume

52

Article Issue

11

Related Issue

44540

Issue Date

2023-11-01

Receive Date

2023-09-15

Publish Date

2023-11-01

Page Start

41

Page End

55

Print ISSN

1110-0826

Online ISSN

2636-3178

Link

https://jes.journals.ekb.eg/article_327425.html

Detail API

https://jes.journals.ekb.eg/service?article_code=327425

Order

327,425

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 THE EGYPTIAN INDEX OF CORPORATE RESPONSIBILITY FOR SUSTAINABLE DEVELOPMENT ON FINANCIAL PERFORMANCE A FIELD STUDY ON SOME COMPANIES LISTED ON THE EGYPTIAN STOCK EXC

Details

Type

Article

Created At

23 Dec 2024