Thursday, May 26, 2011

Corporate Social Responsibility Article

ARI congratulates its research fellow, Associate Professor Dr Roshayani Arshad over the recent publication of her article titled "Corporate Social Responsibility: Business Strategy Towards Value Creation". The article was featured in a newly launched professional magezine of the Malaysian Accountancy Research and Education Foundation (MAREF)- MAREF Review. The article concluded that significant relationships between CSR disclosure and stock returns indicate that companies are shifting their focus beyond market transaction gains. Companies are now recognising the strategic importance of CSR practices in their effort to satisfy the various needs of stakeholders. In addition it was also proposed that the regulatory effort in Malaysia has the propensity to be an effective mechanism in influencing managers to engage in CSR activities and to disclose more comprehensice CSR information. Congratulations Dr Roshayani and her team members...

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