The Effect of Corporate Social and environmental Responsibility on Leverage and Performance: Evidence from Jordan

  • Lamees Talal Al-Radaydeh
  • Manal Sulieman Abughniem, Dr. Accounting department, Applied Science Private University, Amman, Jordan
  • Mohammad Adnan Hilal Al Aishat, Dr. Accounting department, Al-Balqa Applied University, Amman, Jordan
  • Rania Al Omari, Dr. Department of Accounting, Faculty of Business, University of Jordan, Jordan http://orcid.org/0000-0003-1034-6200

Abstract

This study aimed to test the effect of corporate social responsibility through activities towards society and environmental activities on financial leverage and corporate performance, the study population consists of all companies listed on the Amman Stock Exchange. The study sample reached 187 companies for the period 2014-2017, to achieve the goals of the study; regression analysis was used to find out the effect of social  and environmental responsibility on leverage and performance, the study reached the results that the social responsibility towards the society affects the financial leverage of the company while the environmental activities did not affect the financial leverage, responsibility for social and environmental activities did not affect the performance of companies, and there was a positive correlation between social and environmental responsibility and financial leverage, and a negative link was found between financial leverage and performance.

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Author Biography

Rania Al Omari, Dr., Department of Accounting, Faculty of Business, University of Jordan, Jordan

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Published
2021-01-01
How to Cite
AL-RADAYDEH, Lamees Talal et al. The Effect of Corporate Social and environmental Responsibility on Leverage and Performance: Evidence from Jordan. Journal of Social Sciences (COES&RJ-JSS), [S.l.], v. 10, n. 1, p. 48.58, jan. 2021. ISSN 2305-9249. Available at: <http://centreofexcellence.net/index.php/JSS/article/view/jss.2021.10.1.48.58>. Date accessed: 27 jan. 2021. doi: https://doi.org/10.25255/jss.2021.10.1.48.58.
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