Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies

There is an unprecedented growth among wide range of stakeholder’s attention to environmental and social performance, and disclosure by companies. People within a community are worried about natural resources, air and water pollution, as well as low income-tier group of the community. Companies star...

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Main Authors:	Khaveh, Amir, Nikhashemi, Seyed Rajab, Yousefi, Abdolaziz, Haque, A. K. M. Ahasanul
Format:	Article
Language:	English
Published:	Society of Business and Management Dynamics 2012
Subjects:	HF5001 Business. Business Administration
Online Access:	http://irep.iium.edu.my/26460/ http://irep.iium.edu.my/26460/ http://irep.iium.edu.my/26460/1/Voluntary_Sustainability_Disclosure%2C_Revenue%2C_and_Shareholders_Wealth-_A_Perspective_from_Singaporean_Companies.pdf

id	iium-26460
recordtype	eprints
spelling	iium-264602013-10-18T12:01:19Z http://irep.iium.edu.my/26460/ Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies Khaveh, Amir Nikhashemi, Seyed Rajab Yousefi, Abdolaziz Haque, A. K. M. Ahasanul HF5001 Business. Business Administration There is an unprecedented growth among wide range of stakeholder’s attention to environmental and social performance, and disclosure by companies. People within a community are worried about natural resources, air and water pollution, as well as low income-tier group of the community. Companies started to perform in a way to minimize their negative and adverse impact on natural scarce resources, and practice some social-friendly activities in order to either build a shared value for long term purpose, and to gain customers and shareholders attention for short term purposes. Since environmental and social issues are associated with peoples’ right and public law, thus some governments have legislated certain rules and regulations and also have made CSR disclosure as a mandatory practice for public listed firms. But CSR disclosure is still optional in most of countries. Environmental and social performance and disclosure in Singapore are not mandatory. So Singaporean public listed companies perform and disclose their CSR activities voluntarily.. Findings of this research show that there is a positive and significant relationship between environmental and social performance disclosure as well as revenue. This research investigated the relationship between environmental and social disclosure and shareholders wealth in Singapore; meanwhile it has found that there is a positive and considerable relationship between sustainability reporting and amount of paid dividend and share price as well. Society of Business and Management Dynamics 2012-03 Article PeerReviewed application/pdf en http://irep.iium.edu.my/26460/1/Voluntary_Sustainability_Disclosure%2C_Revenue%2C_and_Shareholders_Wealth-_A_Perspective_from_Singaporean_Companies.pdf Khaveh, Amir and Nikhashemi, Seyed Rajab and Yousefi, Abdolaziz and Haque, A. K. M. Ahasanul (2012) Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies. Business Management Dynamics, 1 (9). pp. 6-12. ISSN 2047-7031 http://bmdynamics.com/publication_abstract.php?c_id=52&id=9
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5001 Business. Business Administration
spellingShingle	HF5001 Business. Business Administration Khaveh, Amir Nikhashemi, Seyed Rajab Yousefi, Abdolaziz Haque, A. K. M. Ahasanul Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
description	There is an unprecedented growth among wide range of stakeholder’s attention to environmental and social performance, and disclosure by companies. People within a community are worried about natural resources, air and water pollution, as well as low income-tier group of the community. Companies started to perform in a way to minimize their negative and adverse impact on natural scarce resources, and practice some social-friendly activities in order to either build a shared value for long term purpose, and to gain customers and shareholders attention for short term purposes. Since environmental and social issues are associated with peoples’ right and public law, thus some governments have legislated certain rules and regulations and also have made CSR disclosure as a mandatory practice for public listed firms. But CSR disclosure is still optional in most of countries. Environmental and social performance and disclosure in Singapore are not mandatory. So Singaporean public listed companies perform and disclose their CSR activities voluntarily.. Findings of this research show that there is a positive and significant relationship between environmental and social performance disclosure as well as revenue. This research investigated the relationship between environmental and social disclosure and shareholders wealth in Singapore; meanwhile it has found that there is a positive and considerable relationship between sustainability reporting and amount of paid dividend and share price as well.
format	Article
author	Khaveh, Amir Nikhashemi, Seyed Rajab Yousefi, Abdolaziz Haque, A. K. M. Ahasanul
author_facet	Khaveh, Amir Nikhashemi, Seyed Rajab Yousefi, Abdolaziz Haque, A. K. M. Ahasanul
author_sort	Khaveh, Amir
title	Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
title_short	Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
title_full	Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
title_fullStr	Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
title_full_unstemmed	Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies
title_sort	voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from singaporean companies
publisher	Society of Business and Management Dynamics
publishDate	2012
url	http://irep.iium.edu.my/26460/ http://irep.iium.edu.my/26460/ http://irep.iium.edu.my/26460/1/Voluntary_Sustainability_Disclosure%2C_Revenue%2C_and_Shareholders_Wealth-_A_Perspective_from_Singaporean_Companies.pdf
first_indexed	2023-09-18T20:39:26Z
last_indexed	2023-09-18T20:39:26Z
_version_	1777409265401593856

Voluntary sustainability disclosure, revenue, and shareholders wealth- a perspective from Singaporean companies

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