Abstract
The study is aimed to analyze the moderating effect of corporate governance on the relationship between corporate social responsibility tranparency (CSR) and financial performance. The data was collected from 323 non-financial listed companies listed on Ho Chi Minh and Hanoi Stock Exchange from 2013 to 2017. The results showed that there was positive influence of the total CSR transparency on return on total assets, but the composition aspects had different influences on financial performance. In addition, three intermediate variables including the Board independence, the foreign ownership, and the audit quality played positive moderating role in the relationship between CSR transparency and financial performance. Based on the results, some policy implications were proposed such as increasing CSR transparency, attracting foreign investment, increasing the level of independent supervision of the Board and gradually considering the use of audit service supplied by BIG4.
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