CORPORATE SOCIAL PERFORMANCE OF INDONESIAN STATE-OWNED AND PRIVATE COMPANIES

Hasan Fauzi, Azhar A. Rahman, Mostaq M. Hussain and Adnan A. Priyanto
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Hasan Fauzi: Indonesian Center for Social and Environmental Accounting Research and Development (ICSEARD), Faculty of Economics, Sebalas Maret University, Indonesia
Azhar A. Rahman: College of Business, Northern University of Malaysia, Malaysia
Adnan A. Priyanto: Indonesian Center for Social and Environmental Accounting Research and Development, Faculty of Economics, Sebelas Maret University, Indonesia

Chapter 23 in Handbook of Business Practices and Growth in Emerging Markets, 2009, pp 455-482 from World Scientific Publishing Co. Pte. Ltd.

Abstract: AbstractThe objectives of this chapter are to analyze the difference of corporate social performance between state-owned companies (SOCs) and privateowned companies (POCs) in Indonesia, and to examine the correlation between the corporate social performance and the corporate financial performance. Using a purposive sample from state-owned and private owned firms between 2001 and 2004, the results of this study indicate no significant difference in corporate social performance between SOCs and POCs. Further, no association between corporate social performance (CSP) and financial performance both in SOCs and POCs was detected.

Keywords: Emerging Markets; Growth; Business Practices; International Business; International Marketing; Developing Country; Transitional Economies (search for similar items in EconPapers)
JEL-codes: I10 (search for similar items in EconPapers)
Date: 2009
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