High Levels Of Return Research Articles

Value of Tourist Attraction in Villa Kancil Kampoeng Soenda Bandung Regency

Villa Kancil Kampoeng Soenda is a natural and artificial tourist area, which is an attraction for tourists. But in 2019, the level of visits to Villa Kancil has decreased, possibly because of the development of tourist attractions that have not been maximized. This study aims to explain the causal relationship between tourist attraction and revisit intention and the value of Villa Kancil Kampoeng Soenda tourist attractions. The method used is descriptive and verificative to describe the research variables and explain the causal relationship between tourist attraction variables and revisit intention in Villa Kancil Kampoeng Soenda, through simple linear regression analysis. The population was tourists visiting during 2018, with a sample size of 200 people. The results of the study explained that Villa Kancil Kampoeng Soenda is an integrated tourist area that combines two natural and artificial tourist attractions, providing its own value for tourists who visit, namely the growth of satisfaction that leads to the growth of comfort and security during a visit at Villa Kancil Kampoeng Soenda. This tourist attraction was built by the authenticity of the rural environment landscape, a variety of natural and artificial attractions, the uniqueness of the natural environment in the form of rice fields and fish ponds, humidity and warmth typical of the tropics, a healthy and clean environment, and security guarantees during a visit. This tourist attraction provides a very high value for tourists, so it becomes a determining factor for the growth of repeat visits. The maximum supply of tourist attractions has an impact on the high value of tourist attractions, so that the impact on the high level of return visits to Villa Kancil Kampoeng Soenda.

SOCIO-ECONOMIC MOTIVATIONS FOR PARTICIPATION IN FINANCIAL FRAUD IN THE INSURANCE SERVICES MARKET

Introduction. The issue of financial fraud, in particular in the market of insurance services and the motives for participation in them by individual participants who are able to recognize a possible financial pyramid and refuse to participate in it is especially relevant at the present stage of development of Ukrainian society. In developed countries, the problems of involvement and motives for participation in financial pyramids are paid much more attention than in Ukraine, where a potential consumer of a financial product is often left alone with the problem after the closure of a fraudulent project. Methods. The methodological basis of the article is a dialectical-materialist approach, and during the research special general scientific methods were used: analysis and synthesis - in determining the motives of participation and relationships of participants in the financial pyramid; historical and legal - in disclosing the experience and consequences of the spread of fraud, in particular on the example of Albania. Results. The article attempts to assess the factors that affect the relatively conscious participation of consumers in financial projects, with clear signs of a financial pyramid. We interpret the financial pyramid as: "the activity of the enterprise of the financial sphere, which is to accept funds for investment with a high level of return (at least at the level of declaration); however, this goal is not realized at all or to a sufficient extent, which causes a spiral of losses." We single out the motives for involvement in the structures, which during the operation of the payment of liabilities are made from the current investments of new clients (investors or partners) and the factors that determine the involvement in such structures of colleagues, family, friends and acquaintances and their financial resources. Discussion. Aggressive marketing, which declares extraordinary profits, so large that their size precludes rational thinking and awareness of the fairness of distribution or financial enrichment, in the representation of celebrities who authenticate the proposed obligations in combination with the level of regulation and financial literacy significant prospects for further research on this topic. This situation allows us to predict a significant number of new participants in financial pyramids and exacerbation of financial fraud. Keywords: insurance, financial pyramid, fraud, motives, factors.

LEVERAGE, PROFITABILITAS, DAN KEPEMILIKAN MANAJERIAL BERPENGARUH TERHADAP NILAI PERUSAHAAN PADA PERUSAHAAN REAL ESTATE DAN PROPERTY

Company Value is the main goal that must be achieved by the company. Investors will look for companies that have good prospects to get high level of company return. This will certainly affect the prices of a company's stock market, which reflects the value of the company. The purpose of this study was to determine the effect of leverage, profitability, and managerial ownership on firm value. The study was conducted on Real Estate and property companies on the Indonesia Stock Exchange 2014-2018. The samples used were 15 companies, with purposive sampling. Data collected using non-participant observation through financial statement on the Indonesia Stock Exchange. Multiple linear regression was used. In this study it was found that leverage, profitability and managerial ownership had positive effect on firm value. The company is expected to pay attention to the leverage ratio, profitability, and managerial ownership so that the company's value increases.
 Keywords: Leverage, Profitability, Managerial Ownership, Company Value 

Return to Play in Amateur Soccer Players Undergoing Hip Arthroscopy: Short- to Mid-Term Follow-Up

To describe patient-reported outcomes (PROs) and return to play at any level in amateur soccer players undergoing hip arthroscopy for femoroacetabular impingement syndrome at short- to mid-term follow-up. Data were prospectively collected and retrospectively reviewed for patients who underwent hip arthroscopy between March 2009 and June 2014. Patients who participated in amateur soccer within 1 year prior to surgery and intended to return to their sport after hip arthroscopy for femoroacetabular impingement syndrome were considered for inclusion in our study. Patients were excluded if they had a preoperative Tönnis osteoarthritis grade of 2 or greater, previous ipsilateral hip conditions or hip surgical procedures, or Workers' Compensation status. The patients from the initial group who had preoperative and minimum 2-year postoperative measures for the modified Harris Hip Score, Non-Arthritic Hip Score, Hip Outcome Score-Sports Specific Subscale, and visual analog scale for pain were included in our final group. In addition to PROs, data regarding the patients' return to soccer, surgical complications, and secondary surgical procedures were collected. A total of 41 patients were eligible for inclusion in our study, of whom 34 (82.9%) had a mean follow-up period of 47.4 months. Five patients were not eligible because they did not intend to return to soccer. There were 15 male hips (44.1%) and 19 female hips (55.9%). The mean age at surgery was 20.8 ± 7.4 years. All PROs and the visual analog scale score improved significantly from preoperatively to latest follow-up. Of the 34 patients, 27 (79.4%) returned to soccer. Of the patients who returned to soccer, 19 (70.4%) were competing at the same level or a higher level compared with their highest level within 1 year of surgery. Regardless of competitive level, 21 patients (77.8%) reported that their athletic ability was the same as or higher than it was within 1 year of surgery. Hip arthroscopy was associated with significant improvements in PROs for amateur soccer players. There was a high level of return to soccer and a high proportion of patients whose competitive level was similar or improved. As such, hip arthroscopy is a good option for soccer players, in the absence of underlying osteoarthritis, presenting with hip pathology. Level IV, case series.

Study of the Vision System’s Impact on Increasing the Reliability of the Production System

Abstract The purpose of the paper is to present the validity of the investment of a production plant in the development of production automation. The optimal use of production lines is the way to achieve the right return on investment and profits. Any unplanned stops reduce profitability of production and do not allow to achieve high production output. The introduction of various types of safety devices and process automation allows to prevent unwanted events. In particular, relieving employees of their responsibility and thus avoiding breakdowns caused by operator error can lead to an effective increase in Overall Equipment Effectiveness (OEE). The publication presents a study of the impact of the use of a vision system on increasing the reliability of the production system. As a result, an effective vision system based on a 3D sensor has been developed, which protects the production line against collision of the robot’s chuck plate with final products, thus not leading to the collision and destruction of the robot’s tools. The camera has been implemented in the robot’s control system, which excludes the need to change the settings, because the necessary change of work parameters is made automatically via the communication interface, thus making the work easier for employees when retooling the production machine between orders. Increasing the Overall Equipment Effectiveness and high level of Return Of Investment (ROI) allow for an unequivocal decision on the importance of the investment decision. The financial expense allowed for increasing the efficiency and productivity of production line, which contributes to the growth of the company’s competitiveness. The predictability of lead time has been significantly improved, which led to an increase in customer satisfaction.

ACL Reconstruction Using Autologous Hamstrings Augmented With the Ligament Augmentation and Reconstruction System Provides Good Clinical Scores, High Levels of Satisfaction and Return to Sport, and a Low Retear Rate at 2 Years.

Background:There are a number of surgical methods for undertaking anterior cruciate ligament (ACL) reconstruction (ACLR), although relatively high rates of ipsilateral retears and contralateral tears exist, with only 65% of patients returning to their preinjury level of sport. ACLR techniques adopting synthetic augmentation have been proposed in an attempt to improve clinical outcomes and reduce reinjury rates.Purpose:To determine the efficacy of ACLR using autologous hamstrings augmented with the Ligament Augmentation and Reconstruction System (LARS).Study Design:Case series; Level of evidence, 4.Methods:A total of 65 patients were prospectively treated with arthroscopically assisted single-bundle ACLR using hamstrings augmented with the LARS, of whom 50 were available for 1- and 2-year reviews. Patient-reported outcome measures (PROMs), KT-1000 arthrometer testing, knee range of motion, peak isokinetic knee strength testing, and a battery of 4 hop tests were employed. Limb symmetry indices (LSIs) were calculated. Analysis of variance was used to evaluate differences over time and between limbs. Data on return to the preinjury level of sport, retears, and reoperations were collected.Results:High PROM scores were demonstrated at 1 and 2 years. Before the injury, 47 patients (94%) were actively participating in level 1 or 2 sports, with 38 (76%) and 43 (86%) patients having returned at 1 and 2 years, respectively. Normal (<3 mm; 90%) or nearly normal (3-5 mm; 10%) KT-1000 arthrometer side-to-side differences were observed at 2 years. Apart from knee flexion (P < .0001), extension (P = .001), and the 6-m timed hop (P = .039), there were no between-limb differences at 1 year, and there were no differences on any objective measures at 2 years (all P > .05). Mean LSIs across all measures were ≥90%. At 2 years, 84% to 90% of patients were ≥90% on the hop tests, with 72% and 76% of patients having ≥90% for extension and flexion strength, respectively. Two reoperations were undertaken for meniscal tears (7 and 8.5 months), 1 patient (2%) suffered a retear at 7 months, and 2 patients (3%) suffered a contralateral tear (8 and 12 months).Conclusion:This augmented ACLR technique demonstrated good clinical scores, a high rate of return to sport, and low rates of secondary ruptures and contralateral ACL tears at 2 years. Some caution should be noted in interpreting these results, as 15 of 65 patients (23%) were not included in the 2-year follow-up.

PERBANDINGAN MODEL CAPITAL ASSET PRICING MODEL (CAPM) DAN LIQUIDITY ADJUSTED CAPITAL ASSET PRICING MODEL (LCAPM) DALAM PEMBENTUKAN PORTOFOLIO OPTIMAL SAHAM SYARIAH

In stock investments, every investor wants to get a high level of return and low risk. The stock price is very volatile and unpredictable, this makes investors have to find solutions in order to get a benefit from this investment. One way is to form a portfolio. A portfolio is a collection of several shares. There are several models for calculating stock portfolios such as CAPM (Capital Asset Pricing Model) and LCAPM (Liquidity Adjusted Capital Asset Pricing Model). The CAPM is a model that describes the relationship between the expected return and risk of investing in a security. The LCAPM is an extension of CAPM by taking into account the liquidity of assets. Data from Jakarta Islamic Index is used to verify the two models. In this case, the empirical results show that the performance of CAPM is better than the LCAPM.

Impedance cardiogram directed chest compression feedback in a porcine model of paediatric sudden cardiac arrest is associated with high levels of end-tidal carbon dioxide, shock success and ROSC

Purpose: Previous studies from our group demonstrated that chest compression (CCs) applied according to depth feedback produced potentially fatal intrathoracic damage in paediatric porcine models. The objective of this study is to assess if CPR feedback from an automated external defibrillator (AED) using the impedance cardiogram (ICG) can guide CC application to achieve high levels of end-tidal carbon dioxide (EtCO2), shock success (SS) and return of spontaneous circulation (ROSC) without significant intrathoracic damage.

The Relationship Between Chief Risk Officer Expertise, ERM Quality, and Firm Performance

Financial volatility and the most recent financial crisis turned the spotlight on enterprise risk management (ERM), yet, high-quality ERM is difficult to define and in many ways, poorly understood. Furthermore, little is known about the individuals occupying key risk management positions within the firm and their relationship to ERM system quality and outcomes. Although the resource-based theory of the firm suggests that expertise in key risk management positions will be beneficial, institutional theories of corporate governance suggest that these positions might be created simply as “window dressing” in response to pressure from regulators and investors. This study examines expertise in the chief risk officer (CRO) role. I examine seven individual expertise areas, as well as broad-based expertise measures. Results show that supervisory and industry expertise of the CRO, as well as an MBA degree and internal promotion are associated with higher ERM quality. Risk and actuarial expertise are associated with higher levels of return on assets (ROA), whereas financial expertise, supervisory expertise, and an MBA degree are associated with higher levels of Tobin’s Q. Broad-based CRO expertise measures are also associated with ERM quality and firm value. Additional results show that expertise in the CRO role was particularly important during the financial crisis. Findings should inform investors and regulators of the importance of the individuals occupying key risk management roles within the firm and help further understanding of the determinants and benefits of high-quality ERM.

Agnosticism in Pan-Asian Structured Finance

Fixed income investors doing Asian cross-border deals have become increasingly agnostic in the types of transactions they are now engaging in, departing from the “safe” high-quality credit portfolios that underlie traditional securitizations and venturing into nontraditional asset classes and structures such as equity hybrids, mezzanine debt, single-asset or single-issuer deals, real estate, and distressed debt. These trends are driven by the chase for higher yields. Increasingly, a double-digit internal rate of return is becoming the predominant determinant for whether or not to do a deal. In Asia, however, foreign exchange controls and currency mismatching remain the biggest challenges to realizing such high levels of return. Cross-border movements of capital and currency conversions are often strictly regulated by central banks. Even where and to the extent permitted, the risk of local currency depreciation requires cross-currency and other types of market hedging, the cost of which may well render the proposed deal unfeasible. <b>TOPICS:</b>Fixed income and structured finance, international investing, real estate, risk management, interest-rate and currency swaps

An Empirical Investigation of Co-Integration Between Sensex and the Selected World Stock Markets

This study investigates the stock market integration amongst important global stock markets, namely, China, Japan, India, European Union, UK and USA for the period of 5 years between April 2013 and May 2018.The main objective for the present study is to test the co-integration of the major foreign stock markets and to find out the causal relationship among major selected stock markets and to assess the Interdependence of foreign stock markets and their impact on Indian stock exchange. Descriptive statistics reveals that BSE-Sensex is the quite uncertain market with high level of market return amongst all the developed stock markets as their standard deviation is higher. From the study it is found that there is a long run influence of world stock market on Indian stock market. Granger causality reveals that Indian stock market does not granger cause other stock exchanges and vice-versa.

Are Sustainable Firms More Profitable? Evidence From Egypt

The purpose of this study is to investigate the association between adopting sustainability practices by Egyptian companies and their level of profitability. Three hypotheses were tested, the first concerned whether sustainable firms achieve higher levels of market value of equity than non-sustainable firms, the second involved whether sustainable firms have higher levels of return on equity compared to non-sustainable ones, and the last was about the amount of cash dividends paid by sustainable firms to their stockholders as opposed to non-sustainable ones. The population of 221 Egyptian companies listed in the Egyptian stock market in the year 2015 was used to test these hypotheses. The results demonstrate that sustainability practices are associated with higher level of both market value of equity and return on equity. Furthermore, cash dividends paid to stockholders are proven to be higher for sustainable firms.

Operating modes of electric energy storage systems on the Moscow Central Ring

Improving the performance of electric traction systems is associated with the use of new technologies, the introduction of which is preceded by an assessment of the technical efficiency of their work. Nowadays, electric energy storage systems in Russia have not found application in electric traction systems, but questions are being actively developed on advisability and possibility of their use. And electric traction load of electric traction system of the Moscow Central Ring is not an exception, which forms in the conditions of domination on the area of passenger traffic and frequent electric tractions stops. Electric energy of high level of return of electric trains was formed on the site. Obtaining the technical result of assessing the use of energy storage systems of electric energy is most expedient to perform on the basis of simulation modeling of the interaction of electric rolling stock and electric traction system in the conditions of the Moscow Central Ring. Modeling results allow receiving the main characteristics of storage units and voltage load graph, determining the duration of work episodes in charge and discharge modes, their number and appropriate total volumes of electric energy per day. The received results allow assessing requirements to the technical characteristics of storage systems in relation to work conditions in the electric traction system of the Moscow Central Ring and performing assessment of economic efficiency of this activity.

Effectiveness of Different Types of Traps For Management of Tuta absoluta in Nepal

Among the various potential vegetables, tomato is one of the high value crops, with growing market demand and higher level of return per hector. South American Tomato leaf miner, Tuta absoluta is one of the main constrains in tomato production in Nepal. Field experiments were conducted from June to October 2017 to determine the attractive action of trap colours against T. absoluta management in Lele VDC, Lalitpur, Nepal. Experiments were setup using different types of traps (Delta trap, Wota-T trap and solar light trap) each with pheromone capsule i.e. TLM lure. Particularly, in this experiment the influence of color (orange, white, yellow and green) in delta trap, height adjustment from ground level - 1 feet, 2 feet, 3 feet and 4 feet) in Wota-T trap and; locally prepared light traps of led bulb, solar light trap with high power of 65 lumens and solar light trap with low power of 25 lumens to capture Tuta moth were tested. For the evaluation of effectiveness of different types of traps, number of Tuta moths captured were recorded. The results demonstrated that T. absoluta moths can distinguish between the colours. White colored delta trap captured maximum mean number of Tuta moth (22) followed by green (16), yellow (13) and orange (10). Similarly, Wota- T trap when placed at different height, trap placed at ground level captured maximum mean number of Tuta moths (15) followed by One ft (12), Two ft(11), Three ft(8) and Four ft(2). Among the different types of light trap solar light trap with high power of 65 lumens captured maximum mean number of Tuta moth’s (5) followed by solar light trap with low power of 25 lumens (3) and locally prepared light trap with led bulb (2). Significant differences between mean moth catches by different colored delta traps, wota-T trap placed at different height and different types of light traps were observed. Based on the study conducted with in a season it were found that trap color, trap height and light trap types are the characteristics that strongly affect the response of T. absoluta moths to pheromone-baited traps. From the study it is clear that, these traps can be used as one of the best sex pheromone based management strategy for the management of T. absoluta moths. Further research is recommended for better understanding of the effect of trap colour on the diversity and abundance of non target insects captured

Perceived level of return to functional abilities of mothers six weeks after childbirth in the teaching hospital Enugu

Background: Functional status of mothers after delivery has implications for maternal and child health (MCH). The study is aimed at determining the perceived level of return to functional status of mothers attending post partum clinic, after six weeks of childbirth at the teaching hospitals in Enugu. Information gathered would help in designing programmes for improved MCH.Methods: Descriptive survey design was adopted for the study. Data was collected using (IFSAC)-36 self rated items that was validated by experts in the field. Descriptive and inferential statistical analysis was done and findings presented in graphs and tables.Results: Return of mothers to their functional abilities after six weeks of childbirth was good though in some aspects of functional ability it was low. 260 (73.9%) had a high level of return to infant care while 238 (67.68%), 218 (61.9%) and 159 (45.2%) had a low level of resumption to occupational, personal life, social and community activities respectively. There was a significant difference in the level of attainment of functional status of mothers attending past partum clinic with an F-value of 340.75&lt;p value-0.05 There was no significant relationship observed between parity and return to functional status after 6 weeks of childbirth with 0.02 and 0.03 respectively (p&gt;0.05).Conclusions: Majority of mothers attending post partum clinic returned to functional status after six weeks of childbirth. Awareness on the importance of post partum clinic attendance need to be intensified for improved MCH as maternal and infant morbidity and mortality rate is high in Nigeria.

The relationship between socioeconomic status and trauma outcomes.

The burden of trauma is not equally distributed among all groups of societies and often disproportionately affects poor populations. This study aimed to examine the relationship of socioeconomic status (SES) and trauma outcomes. In this cohort study, 600 trauma patients in Kashan, Iran were studied. Data were gathered by demographic and trauma-related questionnaires, a socioeconomic assessment scale, the Hospital Care Index and the World Health Organization Disability Assessment Schedule-II. The concentration index was done for measuring socioeconomic inequalities. About 49.7% of the patients received high level of hospital care. After 3 months from trauma incidence, 64.2% of the patients reported some levels of disability and 71.4% returned to their work or activities of daily living. Most cases of high level of hospital care and return to work (RTW) were among patients with high SES while most instances of death and disability occurred among patients with low SES. Inequality analysis also revealed that patients with low and high SES differed significantly from each other in terms of hospital care and RTW. Patients with low SES are at greater risk for receiving low level of hospital care and experiencing non-RTW and needs to stronger post-discharge social supports.

Reconstruction of chronic proximal hamstring avulsion injuries using ipsilateral distal hamstring tendons results in good clinical outcomes and patient satisfaction.

To report outcomes following proximal hamstring reconstruction employing an ipsilateral distal hamstring tendon autograft, in patients with chronic proximal ruptures. Six patients presenting with a chronic proximal hamstring avulsion and a medial time from injury of 11.0months (range 7-18), confirmed via magnetic resonance imaging, underwent proximal hamstring repair using a free graft harvested from the ipsilateral distal hamstrings. Patients were evaluated at 6, 12 and 24months post-surgery, via the Perth Hamstring Assessment Tool, the Short Form Health Survey, the Lower Extremity Functional Scale, a Patient Satisfaction Questionnaire, the Active Knee Extension and 6min walk tests, the single and triple hop tests for distance, and isokinetic knee extensor and flexor strength. Knee strength was assessed at 180° and 240°/s (total work, peak and average torque), and both mean absolute scores and limb symmetry indices (LSIs) comparing the operated and non-operated limbs were presented. Patients demonstrated good clinical improvement throughout the post-operative timeline in all subjective and objective outcomes. Mean knee extensor LSIs had recovered by 12 and 24months. At 24months post-surgery, while mean LSIs for knee flexor peak and average torque were at (or above) 90%, a significant difference still existed between the operated and non-operated limbs in knee flexor total work. At 24months, five patients (83%) were satisfied with the results of the surgery, as well as their ability to return to recreational and sporting activities. There were two adverse events including an early deep vein thrombosis and a secondary surgery to remove a loosened staple. While isokinetic hamstring strength had not fully recovered by 24months, this surgical technique demonstrated a high level of patient satisfaction and return to function, in patients with chronic proximal hamstring ruptures. As the clinical relevance, this surgical technique provides a viable option with good post-operative outcomes for patients with chronic proximal hamstring tears that cannot be approximated back to the ischium. IV.

The Dividend Policy of High-Tech Companies in the Digital Economy

The subject of the research is the improvement of the dividend policy of high-tech companies. The purpose of the work was to develop recommendations for improving the dividend policy to ensure the stable development of companies and increase their value based on comparison of the US and Russian practices. The performance indices of the company’s dividend policy are calculated. Recommendations on improving the dividend policy are given. It is concluded that US companies do not have a positive correlation between the market price of a share and the dividend per share, and the dividends payout ratio has a tendency to decreasing in comparison with the share buyback ratio, which is associated with a high level of return on equity. The borrowed capital costs US companies cheaper, so they actively pursue the buyback policy rather than paying cash dividends. Russian companies that have worse ROE indicators are recommended to reduce their equity by buying back their own shares and reduce the cash dividend payment base.

Comparative analysis of work-related outcomes in hemiarthroplasty with concentric glenoid reaming and total shoulder arthroplasty

Anatomic total shoulder arthroplasty (aTSA) has demonstrated high levels of return to work, although there are fears of glenoid component loosening with higher work demand. A retrospective query was performed of all patients who received hemiarthroplasty with ream-and-run resurfacing (Hemi RR) between 2005 and 2014. Included patients were matched to an aTSA cohort by age, body mass index, sex, and hand dominance. Preoperative and postoperative work status, by level of duty and occupation, was collected. Twenty-five patients receiving Hemi RR and 28 patients receiving TSA completed this questionnaire (82.8% compliance). Mean follow-up was 69.1 ± 24.8 months. In total, 100% of Hemi RR patients returned to work, and 89.3% of TSA patients returned to work (P = .091). The Hemi RR patients had higher rates of return to work for heavy-duty workers only (7 of 7 vs. 2 of 4, P = .038), although only 1 patient in the TSA group reported failure to work was due to shoulder reasons. Mean duration of return to work was 2.5 ± 4.8 months for patients receiving Hemi RR and 1.98 ± 2.6 months for those receiving TSA (P = .653). Hemi RR had a high return to heavy-duty work, likely due to fewer surgeon-imposed restrictions. The results of this study may help manage return to work expectations after Hemi RR according to the level of duty and suggest Hemi RR is a viable option for heavy-duty laborers with end-stage glenohumeral arthritis.

Reading between the lines: not all CSR is good CSR

PurposeThis paper aims to investigate whether corporate social responsibility (CSR), as evidenced in annual financial reports, is associated with a firm’s financial performance in New Zealand.Design/methodology/approachA word count approach of several key CSR indicators found in the audited financial reports of NZX50 constituent firms is used. Several variables are constructed that measure the presence of CSR within the annual report such as sustainability, responsibility, social, environment, diversity, employee and community, and eight other variables within the annual report that measure the penetration of stakeholder engagement. Control variables and alternative measures of CSR are also included. Descriptive statistics and results of both univariate and multivariate tests are provided.FindingsThe findings establish a positive connection between CSR and financial performance. It is shown that firms that are unable to focus their attention on key stakeholders, but instead waste managerial capital on vague social policies and activities, are associated with weaker performance. Firms that consider the protected indigenous peoples as key stakeholders are associated with superior performance, especially when the firm is seeking regulatory approval.Social implicationsEvidence is provided that CSR and Maori stakeholder engagement is implied by financial reports that have a significant association with corporate financial performance.Originality/valueThe results provide one of the first analyses linking the interplay between CSR, Maori and corporate financial performance using information publicly observable in annual financial reports. Evidence of an association between firms that indicate awareness of their community and higher levels of return on assets (ROA) is provided.