ISSN: 2265-6294

the relationship between corporate philanthropy disclOSure and firm performance in the context of Jordan

Main Article Content

Omar Ahmad JARWAN, Arifatul Husna MOHD ARIFF, Fathiyyah ABU BAKAR

Abstract

Purpose – The main objective of this article to examine the relationship between corporate philanthropy disclosure and firm performance in the context of Jordan. Research methodology – The current article is a quantitative by nature. Data extracted from the annual report for the financial sector (Bank, diversified financial services, Insurance and Real estate) were listed in Amman Stock Exchange. The sample of the study were 113 companies for six years (2015 till 2020). Findings – Data analysis reveals there is an existing positive relationship between corporate philanthropy disclosure and firm performance. The results encourage the companies listed who didn’t conduct the philanthropy activity to implement the philanthropy activity on their business. Research limitations – The article examine the relationship between corporate philanthropy disclosure and return on asset as the main indicator on the firm performance, this could lead the future study to conduct other indicators such as earning per share and return on equity. The current study examines the relationship between the variables in the context of Jordan, that lead the further studies to apply for other countries to generalize the results for other countries.

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