Does social risk management matter? Influencing factors and their link to firms' financial performances / Tamoi Janggu ... [et al.]

This article deals with the growing pressures and demands for emerging risk reporting that may help interested users assess the importance of social risk management for sustainable development. The objectives of this study were to examine the influence of individual and institutional ownership and s...

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Main Authors: Janggu, Tamoi (Author), Sawani, Yussri (Author), Yusoff, Haslinda (Author), Darus, Faizah (Author), Mohamed Zain, Mustaffa (Author)
Format: Book
Published: Universiti Teknologi MARA Cawangan Selangor, 2017-12.
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042 |a dc 
100 1 0 |a Janggu, Tamoi  |e author 
700 1 0 |a Sawani, Yussri  |e author 
700 1 0 |a Yusoff, Haslinda  |e author 
700 1 0 |a Darus, Faizah  |e author 
700 1 0 |a Mohamed Zain, Mustaffa  |e author 
245 0 0 |a Does social risk management matter? Influencing factors and their link to firms' financial performances / Tamoi Janggu ... [et al.] 
260 |b Universiti Teknologi MARA Cawangan Selangor,   |c 2017-12. 
500 |a https://ir.uitm.edu.my/id/eprint/31159/1/AJ_TAMOI%20JANGGU%20MAR%20B%2017.pdf 
520 |a This article deals with the growing pressures and demands for emerging risk reporting that may help interested users assess the importance of social risk management for sustainable development. The objectives of this study were to examine the influence of individual and institutional ownership and stakeholders on social risk disclosures and the joint effects on firms' financial performances. Content analyses on the 2013 and 2014 annual reports of all plantation sector companies were carried out and analyzed using partial least square (SEM_PLS) software version 3.2. Based on the tests, we found significant relationships between institutional ownership and the number of stakeholders with social risk disclosures. However, there were no significant relationship between individual ownership and social risk disclosures. In addition, we found significant relationships between social risks and firms' financial performances. These findings reveal that institutional shareholders and the number of stakeholders had a significant influence in deciding the disclosure of social risk information. Interestingly social risk information was found to be statistically significant on firms' financial performance as measured by firms' net profits. This paper, therefore, endorses the growing demand to fully embed social risk management in companies' operations by both institutional shareholders and stakeholders in general. 
546 |a en 
690 |a Management. Industrial Management 
690 |a Risk management. Risk in industry. Operational risk 
690 |a Malaysia 
655 7 |a Article  |2 local 
655 7 |a PeerReviewed  |2 local 
787 0 |n https://ir.uitm.edu.my/id/eprint/31159/ 
787 0 |n http://arionline.uitm.edu.my/ojs/index.php/MAR/article/view/669 
856 4 1 |u https://ir.uitm.edu.my/id/eprint/31159/  |z Link Metadata