Corporate Governance And Firm Performance Of Shariah-Compliant Company Of Consumer Product Industry

Juliana Anis Ramli
2020 unpublished
Previous literatures on the Corporate Social Responsibility (CSR) have been stressed on the roles of companies towards their stakeholders for being socially and ethically in business especially when involving in the matter of sustainability. This has reflected to the issue of the CG functions in influencing the way companies behave through business activities. The purpose of this paper is to examine the influence of corporate governance (CG) attributes towards firm performance of the
more » ... pliant companies, specifically on the consumer product industry. The results of the study revealed that the CG attributes failed to exude the significant links with firm performance, except for the board size. In the context of consumer product industry of Shariah-compliant companies, it is vital to impart its social responsibility through their business operations in relating to the production of products/services which ultimately could affect to the firm's financial health. Hence, the CG attributes play significant roles to ascertain that firm's bottom-line is sufficient to protect the stakeholders' welfares. Ways forward and limitation of the study are further deliberated.
doi:10.15405/epsbs.2020.12.05.24 fatcat:shegt22vbvajnhvs34tk5swcay