Corporate Social Responsibility on Shareholder Value with Leverage as Moderating Variable
Asim Ali Chaudhry1, Suresh A/L Ramakrishnan2, Ayesha Sharif3
1Asim Ali Chaudhry, Faculty of Azman Hashim International Business School AHIBS, Universiti Teknologi Malaysia UTM, Johor Bahru, Johor, Malaysia.
2Suresh A/L Ramakrishnan, Faculty of Azman Hashim International Business School AHIBS, Universiti Teknologi Malaysia UTM, Johor Bahru, Johor, Malaysia.
3Ayesha Sharif, Faculty of Azman Hashim International Business School AHIBS, Universiti Teknologi Malaysia UTM, Johor Bahru, Johor, Malaysia.
Manuscript received on 26 November 2019 | Revised Manuscript received on 04 December 2019 | Manuscript Published on 10 December 2019 | PP: 818-825 | Volume-8 Issue-3S2 October 2019 | Retrieval Number: C12511083S219/2019©BEIESP | DOI: 10.35940/ijrte.C1251.1083S219
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: From the last many years’ educators, administrators and, researchers persistently devoting attention to corporate social responsibility. However, no study analyses the relationship between corporate social responsibility and shareholder value by using leverage as a moderator. The aim of this research is to produce a review to examine the effect of corporate social responsibility on shareholder value with leverage as a moderating variable. The stakeholder theory and agency theory are employed as underpinning theories. Little attention has been given in this area of study in the developing, emerging and developed economies particularly with leverage and shareholder value. Therefore, scholars and practitioners are motivated to advance the body of knowledge in this research field for the universal enrichment of output. As the review forms a concept of corporate social responsibility and shareholder value by using leverage as a moderator.
Keywords: Corporate Social Responsibility; Leverage; Shareholder Value.
Scope of the Article: Social Sciences