Authors :
Kanyepi Morley; Dr. Abubaker Qutieshat
Volume/Issue :
Volume 9 - 2024, Issue 1 - January
Google Scholar :
http://tinyurl.com/dfaw55vv
Scribd :
http://tinyurl.com/ye26z2dx
DOI :
https://doi.org/10.5281/zenodo.10521669
Abstract :
The purpose of the paper is to review and
critically analyse existing literature on the effect of
corporate governance (CG) and corporate social
responsibility (CSR) on firm performance. A rigorous
electronic search of the Google Scholar engine was
conducted using the application of Boolean logic to
search for relevant articles from 2013–2023. The
literature included peer reviewed journals for reliability,
abstracts ,articles that studied the relationship between
CG, CSR, and firm performance, and research papers
that discussed the effect of either CG or CSR on
performance. Findings established that the common CG
variables employed by researchers are the size of the
board, independence of the board, proportion of
independent board members, and gender diversity in the
board. Most researchers identified Tobin’s Q, Return on
Assets (ROA), and Return on Equity (ROE) as the
dimensions for firm performance. It was also found that
the majority of the research done after 2013 has noted a
significant positive effect of CG on performance. The
research concluded that there is need to focus on the
wholesome effect of CG on firm performance and
therefore come up with a comprehensive CG index for
emerging economies.
Keywords :
Corporate Social Responsibility, CG, Firm Performance, Board Structure.
The purpose of the paper is to review and
critically analyse existing literature on the effect of
corporate governance (CG) and corporate social
responsibility (CSR) on firm performance. A rigorous
electronic search of the Google Scholar engine was
conducted using the application of Boolean logic to
search for relevant articles from 2013–2023. The
literature included peer reviewed journals for reliability,
abstracts ,articles that studied the relationship between
CG, CSR, and firm performance, and research papers
that discussed the effect of either CG or CSR on
performance. Findings established that the common CG
variables employed by researchers are the size of the
board, independence of the board, proportion of
independent board members, and gender diversity in the
board. Most researchers identified Tobin’s Q, Return on
Assets (ROA), and Return on Equity (ROE) as the
dimensions for firm performance. It was also found that
the majority of the research done after 2013 has noted a
significant positive effect of CG on performance. The
research concluded that there is need to focus on the
wholesome effect of CG on firm performance and
therefore come up with a comprehensive CG index for
emerging economies.
Keywords :
Corporate Social Responsibility, CG, Firm Performance, Board Structure.
