Corporate Social Performance of Indonesian State-Owned and Private Companies
HANDBOOK OF BUSINESS PRACTICES AND GROWTH IN EMERGING MARKETS
Posted: 22 Nov 2009
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Corporate Social Performance of Indonesian State-Owned and Private Companies
Date Written: October 22, 2009
Abstract
The objectives of this chapter are to analyze the difference of corporate social performance between state-owned companies (SOCs) and private-owned companies (POCs) in Indonesia, and to examine the correlation between the corporate social performance and the corporate financial performance. Using a purposive sample from state-owned and private owned firms between 2001 and 2004, the results of this study indicate no significant difference in corporate social performance between SOCs and POCs. Further, no association between corporate social performance (CSP) and financial performance both in SOCs and POCs was detected.
Keywords: Emerging Markets, Growth, Business Practices, International Business, International Marketing, Developing Country, Transitional Economies
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