IMPACT OF THE EGYPTIAN INDEX OF CORPORATE RESPONSIBILITY ON THE ENVIRONMENTAL PERFORMANCE OF COMPANIES AND THE MARKET VALUE OF THE SHARE AN APPLIED STUDY ON EGYPTIAN STOCK EXCHANGE COMPANIES

Document Type : Original Article

Authors

1 Post Garaduate, Institute of Environmental Studies and Research, Ain Shams University

2 Faculty of Commerc, Ain Shams University

Abstract

 
The aim of the study was to determine the nature of the relationship between the orientation towards social responsibility activities on the financial performance of the public shareholding companies listed on the Egyptian Stock Exchange, as well as determining the nature of the relationship between the trend towards social responsibility activities and the market value of public shareholding companies listed on the Egyptian Stock Exchange. The activities of the social responsibility and the economic sector of the Egyptian listed companies. The researchers found that the performance of the Egyptian index companies and their commitment to achieve the dimensions of the Egyptian index can be classified as high. He pointed out that there is an impact on the Egyptian index of social responsibility on financial performance (ROA), there is a positive impact on the Egyptian index of social responsibility on the financial performance of companies listed on the Egyptian Stock Exchange as measured by the return on equity (ROE). The study showed that after the corporate governance had the greatest impact In increasing the rate of return on assets and the rate of return on equity, followed by social responsibility, customers, environmental responsibility and finally workers' rights, the researchers recommended The importance of Egyptian companies to respond quickly, and meet the demands of customers as factors affecting the quality of the product, taking into account compliance with environmental regulations, taking into account the expectations of the community through the company's understanding of the expectations of the community in which it works and to contribute to achieve these expectations, and taking into account stakeholders so that the company Is aware of the impact of its decisions and activities on stakeholders after taking into account that they represent only part of the broader society in which the company operates
Social responsibility is part of the company's strategy with responsibility and accountability for each level within the company, in a way that is reflected in the decision-making process and the implementation of
 
 

Main Subjects