University of Twente Student Theses
Corporate Social Responsibility and Foreign Ownership in The Gulf Cooperation Council Countries
Yacoubian, N. (2023) Corporate Social Responsibility and Foreign Ownership in The Gulf Cooperation Council Countries.
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| Abstract: | This study examines the impact of foreign ownership on corporate social responsibility (CSR) performance across the environmental, social, and governance pillars within the Gulf Cooperation Council (GCC) region. Specifically, the research aims to uncover foreign shareholders' positive influence on CSR practices in light of the region's growing openness to foreign investment. The sample comprises 174 firms from various countries and industries, encompassing both public and private entities, for 2023. This study further uses multivariate regression analyses with ordinary least squares (OLS) to test three hypotheses with respect to three pillars. After controlling variables total assets and board size, the findings demonstrate an insignificant relationship between increased foreign ownership and CSR performance across all pillars, thus no support for theories of legitimacy, transparency, and the diverse tendencies of foreign shareholders. |
| Item Type: | Essay (Bachelor) |
| Faculty: | BMS: Behavioural, Management and Social Sciences |
| Subject: | 85 business administration, organizational science, 88 social and public administration |
| Programme: | International Business Administration BSc (50952) |
| Link to this item: | https://purl.utwente.nl/essays/95419 |
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