000			03685cam a2200325 a 4500
003			EG-GiCUC
005			20250223031857.0
008			171213s2017 ua d f m 000 0 eng d
040			_aEG-GiCUC _beng _cEG-GiCUC
041	0		_aeng
049			_aDeposite
097			_aPh.D
099			_aCai01.05.01.Ph.D.2017.Ma.I
100	0		_aMarwa Saad Moghazy
245	1	0	_aInvestigating the association between corporate social responsibility (CSR) and corporate financial performance (CFP) in the Egyptian stock market / _cMarwa Saad Moghazy ; Supervised Osama Abdelkhalik Elansary
246	1	5	_aدراسة العلاقة بٌن المسئولٌية الإجتماعٌية والأداء المالًى للشركات فًى البورصة المصرٌية = _bInvestigating the association between corporate social responsibility (CSR) and corporate financial performance (CFP) in the Egyptian stock market
260			_aCairo : _bMarwa Saad Moghazy , _c2017
300			_a114 Leaves : _bcharts ; _c30cm
502			_aThesis (Ph.D.) - Cairo University - Faculty of Commerce - Department of Business Administration
520			_aThe current study has aimed at assessing the business case of Corporate Social Responsibility(CSR) in the Egyptian context. The period covered years 2007 through 2010 using financial information and CSR data set of 48 companies listed in the S&P EGX ESG index during the period. The independent variables are CSR quantitative index scores for Governance, Environment, Employee, Community, and Customer CSR dimensions whereas the dependent variables are ROA, ROE, EPS, and Stock Return SR. Panel data analysis in Multiple Regression using GMM and Granger Causality are employed through Eviews statistical package. Results have brought evidence of the measurable payoff of CSR to corporations in the Egyptian Context. Both short and long-term tangible benefits could be demonstrated and the firm{u2019}s ultimate objective could be achieved when CSR is intertwined with the firm{u2019}s strategy. Generally firms are considering multiple stakeholders where the main stakeholder group ultimately gains when expectations of all stakeholders are jointly maintained. Whereas the environmental impact tends to agree more to the neoclassical economic theory (ROA, ROE, EPS), a change in each of the employee relations, Community, and Customer/Product would causally determine a change in the firm{u2019}s financial performance on the long term which is in line with both the stakeholder and the good management theories. Although Governance shows a foothold in determining stock prices, the panel causality results suggest that it is more derived from the firm slack resources than determining them. The study also reveals that larger firms perform better financially and socially and the predictive power of CSR over CFP is generally greater in leveraged and larger companies based on (ROE, EPS) and in newer companies as per (ROA) accounting measures while it is externally demonstrated in smaller companies as per (SR). The study contributes to the literature of CSR/Sustainability as well as the intangible determinants of stock prices and corporate profitability. Also it has other practical implications to policy makers, managers, boards, investors, and the community at large
530			_aIssued also as CD
653		4	_aCorporate financial performance (CFP)
653		4	_aCorporate social responsibility (CSR)
653		4	_aEgypt
700	0		_aOsama Abdelkhalik Elansary , _eSupervisor
856			_uhttp://172.23.153.220/th.pdf
905			_aEnas _eCataloger
905			_aNazla _eRevisor
942			_2ddc _cTH
999			_c64023 _d64023