OWNERSHIP STRUCTURE’S IMPACT ON CORPORATE SOCIAL PERFORMANCE IN DISSIMILAR INDUSTRY GROUPS: EVIDENCE FROM PAKISTAN

Zeeshan Mukhtar and Dr. Abdul Rasheed
Additional contact information
Zeeshan Mukhtar: PhD Scholar, Institute of Business Administration, Khwaja Fareed University of Engineering and Information Technology Rahim Yar Khan, Pakistan
Dr. Abdul Rasheed: Assistant Professor, Institute of Business Administration, Khwaja Fareed University of Engineering and Information Technology Rahim Yar Khan, Pakistan

Bulletin of Business and Economics (BBE), 2023, vol. 12, issue 2, 320-33

Abstract: This paper investigates the mixed relations among ownership structure and corporate social responsibility in different non-financial industries across Pakistan. The OLS regression models are estimate using the data from 2011 to 2020 of Pakistani non-financial industries. Ownership structure including managerial ownership (MOWN) concentration ownership (COWN) and family ownership (FOWN) encourages corporate social responsibility (CSR) of organizations with social and environmental market capitalization risk coverage. Generally, the positive outcome of ownership structure is established in different non-financial industries at a combined level whereas investigates the firms with a whole market capitalization risk exposure. The detecting suggest that ownership structure can mitigate the market capitalization risk coverage non-financial industries in terms of relationship improving the CSR and the benefit can emerged with the addition of equal female director in family ownership firms (executive or independent) to the panel. This study also call attention to the ownership structure improves CSP in different non-financial industries with market capitalization risk coverage while performance so in industries with control risk coverage after accompaniment by independent director effects and critical mass effects.

Keywords: Corporate social performance; ownership structure; managerial ownership; agency theory; director independence (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations:

Downloads: (external link)
https://bbejournal.com/BBE/article/view/495/741 (application/pdf)
https://bbejournal.com/BBE/article/view/495 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rfh:bbejor:v:12:y:2023:i:2:p:320-33

DOI: 10.61506/01.00005

Access Statistics for this article

Bulletin of Business and Economics (BBE) is currently edited by Dr. Muhammad Irfan Chani

More articles in Bulletin of Business and Economics (BBE) from Research Foundation for Humanity (RFH) Contact information at EDIRC.
Bibliographic data for series maintained by Dr. Muhammad Irfan Chani ().