THE MEDIATING ROLE OF CORPORATE SOCIAL PERFORMANCE BETWEEN OWNERSHIP STRUCTURE AND FIRM PERFORMANCE

Authors

  • Muhammad Siddique Khwaja Fareed University of Engineering & Information Technology, Pakistan
  • Abdul Rasheed Institute of Business Administration, KFUEIT Khwaja Fareed University of Engineering & Information Technology, Pakistan 
  • Khalil Ur Rehman Institute of Business Administration, KFUEIT Khwaja Fareed University of Engineering & Information Technology, Pakistan 

DOI:

https://doi.org/10.52567/pjsr.v4i03.702

Abstract

This study investigates the impact of the firm ownership structure and financial performance (FP) on mediating role of corporate social performance (CSP).This study develops a model to examine the intervening role of CSP between ownership structure elements (family ownership, managerial ownership, institutional ownership and concentrated ownership) and FP. The EGLS model was used on a panel data sample of 296 non-financial firms listed at the Pakistan Stock Exchange (PSX) during 2011-2020. Research findings indicate that CSP enhances the performance of concentrated, institutional, managerial and family ownership but varies according to performance measures. The study findings contain functional implications for practicing corporate governance (CG) in emerging economies. Non-financial firms in emerging countries can enhance their financial performance by investing in effective public policies (CSP). In addition, emerging economies should adopt effective public policies (CSP).

Keywords: Ownership structure, corporate social performance, firm performance, corporate governance

Author Biographies

  • Muhammad Siddique, Khwaja Fareed University of Engineering & Information Technology, Pakistan

    PhD Scholar in Business Administration (Major in Corporate Finance)

  • Abdul Rasheed, Institute of Business Administration, KFUEIT Khwaja Fareed University of Engineering & Information Technology, Pakistan 

    Assistant Professor

  • Khalil Ur Rehman, Institute of Business Administration, KFUEIT Khwaja Fareed University of Engineering & Information Technology, Pakistan 

    Assistant Professor

Additional Files

Published

2022-09-30

Issue

Vol. 4 No. 03 (2022): Pakistan Journal of Social Research PJSR

Section

Research Article

License

Copyright (c) 2022 Muhammad Siddique, Abdul Rasheed, Khalil Ur Rehman

Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License.

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How to Cite

[1]
“THE MEDIATING ROLE OF CORPORATE SOCIAL PERFORMANCE BETWEEN OWNERSHIP STRUCTURE AND FIRM PERFORMANCE”, Pak. J, Soc. Sci., vol. 4, no. 03, pp. 172–185, Sep. 2022, doi: 10.52567/pjsr.v4i03.702.