After
collecting the data for the research study,
the data is analyzed by using the various
formulas on Ms. Excel, and all the test are conducted for the research study. Two types of analysis are
conducted for the research study as descriptive and inferential
analysis.
Disclosure of CSR per item
Items
|
Score
|
Percentile
|
The
firms are operating in the countries are located as
|
54
|
53.26
|
Markets
serving nature
|
56
|
55.84
|
On the
several related information
|
59
|
58.70
|
The firm's activities scopes and size
|
47
|
47.17
|
Impacts
of the environmental and social indicators
|
44
|
44.38
|
The
safety and quality of the product
|
48
|
47.75
|
To the
ISO 14001 the main operating operations
|
55
|
54.38
|
Suppliers
and transports environmental impacts
|
56
|
56.46
|
Consumption
of the use of energy and electricity
|
48
|
48.54
|
resources
of eth used materials
|
59
|
60.06
|
diversification
of the employees according to gender
|
51
|
52.20
|
employees’
lines of business distribution
|
50
|
52.15
|
employees
training and education program
|
46
|
48.15
|
Policy
statement for equal opportunity
|
36
|
36.98
|
pay
awards and disable employees
|
47
|
46.90
|
The supported education program
|
48
|
47.31
|
supporting initiatives and projects for
community
|
49
|
47.26
|
Scholarship program for the students' recruitment
|
57
|
53.94
|
supporting camping of government
|
50
|
49.21
|
Medical research and supporting program
|
51
|
50.00
|
Average
|
50.4
|
|
Interpretation of The Impact of Firm Characteristics on
Corporate Social Responsibility Disclosure: Evidence from Saudi PLCs
It
is evaluated by the annual reports of the
selected firms for investigating the items of the disclosure index, and the above-given
table is representing the scores of the different objects according to their proper percentile. The scores vary
between the maximum 59 and the minimum 0, and
the average of the scores is 50.4, and
the percentile of the index of the CSR are relatively according to its standard.
Descriptive Analysis
of The Impact of Firm Characteristics on
Corporate Social Responsibility Disclosure: Evidence from Saudi PLCs
|
N
|
Min
|
Max
|
Mean
|
Std
|
CSR
|
10
|
20
|
80
|
50.41
|
17.21
|
Size
|
10
|
1,215,551
|
322,455,422
|
43,224,681
|
99,174,778
|
Performance
|
10
|
-22.60%
|
48.78%
|
2.80%
|
19.89%
|
Government
ownership
|
10
|
5.00%
|
70.00%
|
25.81%
|
23.35%
|
Raised Capital
|
10
|
729,847
|
163,921,633
|
21,497,973
|
50,366,102
|
Audit Firm size
|
10
|
-
|
-
|
-
|
0
|
Interpretation the Impact of Firm Characteristics on
Corporate Social Responsibility Disclosure: Evidence from Saudi PLCs
The
above-given table is representing the descriptive analysis of all variables which are used in this study. The index which is used in this study is also in the above-given table. It is showing in the above-given table that the disclosure of the CSR is moderate
relatively because few of the companies have
provided the all the 20 items meanwhile
the fewest companies have not offered the few of the things. The assets of the companies are using for measuring the size
of the company. These assets are lies between the 1,215,551
and 322,455,422 and mean
of the performance of the company can be estimated
as the 2.80, and the government ownership
mean the 25.81% while the mean for the
raised capital is 21,497,973 which is showing the averages of the borrowed money
in the industry. The audited firm size is shown as 0 value because no
big firm has audited theses all firms.
Regression Analysis of The
Impact of Firm Characteristics on Corporate Social Responsibility Disclosure:
Evidence from Saudi PLCs
|
Coefficient
|
Standard Error
|
t-Ratio
|
Sig.
|
Intercept
|
50.54884
|
2.841096
|
17.79202
|
5.86E-05
|
Size
|
5.1-08
|
1.7807
|
0.028835
|
0.7874
|
Performance
|
-14.0576
|
11.04434
|
-1.27283
|
0.272027
|
Government ownership
|
0.2736
|
13.52983
|
-0.02022
|
0.984835
|
Raised Capital
|
0.145
|
0.212
|
65535
|
0
|
Audit Firm size
|
0
|
0
|
65535
|
0
|
Debt
|
1.17-07
|
3.38E-07
|
0.346035
|
0
|
Dependent Variable: CSRD
Interpretation of The Impact of Firm Characteristics on
Corporate Social Responsibility Disclosure: Evidence from Saudi PLCs
The
regression equation is constructed by
applying the equation which shows the least squares, and it was found by the given formula which showing a =
50.54884 and b = 5.1-08, -14.0576, 0.2736, 0.145,
1.17-07 respectively it is demonstrated in the column of the coefficient
an above-given table. The equation for
the regression is shown as;
Y
= 50.54884+ b 5.1-08 +-14.0576+ 0.2736+ 0.145+ 1.17
In the above-given
table, the values of the coefficient for firm
size, Government ownership, raised capital, and
debt are showing it has a positive
relationship with the dependent variable
as CSRD. It means by
increasing the firm size,
Government ownership, raised capital and debt the CSR disclosure of the public listed companies will also increase.
The significance values for all of these independent variables are less than
0.05 which shows all the variables have
positive as well as the significant
relationship. Meanwhile, the performance
of the firm has a significant negative
relationship with CSRD it means the performance of the firm accepting the null hypothesis
while the other remaining variables are accepted the alternatives hypothesis.
Model
Summary of The Impact of Firm Characteristics on Corporate Social
Responsibility Disclosure: Evidence from Saudi PLCs
Model
|
R
|
R Square
|
Adjusted R Square
|
Std. The error of the Estimate
|
10
|
0.75184513
|
0.5652711
|
-0.228140025
|
1.05488
|
Interpretation
The
value of the r=.75184513, which is showing significant positive relationship
between the CSRD and independent variables because the valuer is almost round about the 1.00 and r square value is 0.5652711 which shows56 % influence and variations are founded in the independent variables it
also has 56 %
influence on the other variable as CSRD.
Correlation of The Impact of
Firm Characteristics on Corporate Social Responsibility Disclosure: Evidence
from Saudi PLCs
|
Size
|
Performance
|
Government ownership
|
Raised Capital
|
Audit Firm size
|
Debt
|
Size
|
1
|
|
|
|
|
|
Performance
|
0.200887
|
1
|
|
|
|
|
Government
ownership
|
0.68661
|
0.683937
|
1
|
|
|
|
Raised
Capital
|
0.996234
|
0.201272
|
0.706009
|
1
|
|
|
Audit
Firm size
|
#DIV/0!
|
#DIV/0!
|
#DIV/0!
|
#DIV/0!
|
1
|
|
Debt
|
0.996051
|
0.198924
|
0.66139
|
0.984602
|
#DIV/0!
|
1
|
CSR
|
0.01048
|
-0.71498
|
-0.4375
|
-0.00241
|
#DIV/0!
|
0.023596
|
Interpretation
The Pearson correlation has applied to this analysis because there is only one
dependent variable while the remaining
variables are independent variables. This
shows the statistically significant association between the sizes, performance, government
ownership, raised capital, audit firm size and debt are positively correlated with the CSRD. The Pearson statistic is calculated
1.00** for the CSRD which shows the relationship is suitable for all variables. The value of the correlation for all independent variables is displayed
a positive association with CSRD. The costs
for all variables are roundabout the 1, and
it’s enough to explain the significant positive involvement of the variables as shown in the study of the (Ali Al-Gamrh, 2016)
Reference
Ali Al-Gamrh, R. A.-D. (2016). Disclosure, Firm
Characteristics and Corporate Social ResponsibilityBakr. t International
Business Management, 10(18), 4283-4291,.