ADVANCING SDG 12: CORPORATE SOCIAL RESPONSIBILITY AND FINANCIAL PERFORMANCE OF LISTED FIRMS IN THE PHILIPPINES
DOI:
https://doi.org/10.18623/rvd.v22.n4.3200Palavras-chave:
SDG 12, CSR, ESG, Financial Performance, Sustainability ReportingResumo
Este estudo investiga a relação entre a responsabilidade social corporativa (RSC) e o desempenho financeiro de empresas listadas nas Filipinas, em alinhamento com o ODS 12. A metodologia adotada para esta pesquisa compreende uma abordagem longitudinal que examina os dados das empresas do Índice da Bolsa de Valores das Filipinas (PSEi) de 2019 a 2022. O desempenho da RSC foi avaliado com base no quadro de referência ambiental, social e de governança (ESG), enquanto o desempenho financeiro foi medido pelo retorno sobre o patrimônio líquido (ROE) e pelo retorno das ações. Perfis das empresas, como tipo de indústria, tamanho, idade e tipo de auditor, foram utilizados como variáveis de controle. A coleta de dados foi realizada por meio dos relatórios de sustentabilidade, anuais e de governança das empresas. O desempenho em governança afeta significativamente o ROE (β = 0,434, p < 0,01), enquanto as dimensões ambiental e social, assim como o desempenho global da RSC, não apresentam efeito significativo sobre o ROE ou sobre o retorno das ações. O estudo amplia a literatura existente sobre o desempenho da RSC e sua relação com o desempenho financeiro em uma economia emergente, além de fornecer evidências empíricas sobre a implementação inicial do ODS 12.6 no contexto filipino. Este trabalho fornece dados preliminares sobre a relação entre RSC e desempenho financeiro nas Filipinas, onde o relatório de sustentabilidade obrigatório foi recentemente adotado.
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