Moderating effect of slack resources on the charitable giving and firm performance nexus

This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an...

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Main Authors:	Tan, Siow-Hooi, Muzafar Shah Habibullah, Ong, Hway-Boon, Azali Mohamed
Format:	Article
Language:	English
Published:	Penerbit Universiti Kebangsaan Malaysia 2019
Online Access:	http://journalarticle.ukm.my/14143/ http://journalarticle.ukm.my/14143/ http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf

id	ukm-14143
recordtype	eprints
spelling	ukm-141432020-02-07T10:56:40Z http://journalarticle.ukm.my/14143/ Moderating effect of slack resources on the charitable giving and firm performance nexus Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an inverse U-shaped relationship between CG and FP. This curvilinear relationship suggests that though CG enhances FP, it does not imply an unlimited increased in charitable giving. Beyond a certain limit, firm performance will deteriorate. Furthermore, the empirical results also suggest that a firm’s slack resources play a vital role in strengthening the CG-FP relationship. This finding implies that firms with higher flexibility of slack resources may allocate their slack resources in relation to CG to improve their financial performance and subsequently remain competitive in the industry. Penerbit Universiti Kebangsaan Malaysia 2019 Article PeerReviewed application/pdf en http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf Tan, Siow-Hooi and Muzafar Shah Habibullah, and Ong, Hway-Boon and Azali Mohamed, (2019) Moderating effect of slack resources on the charitable giving and firm performance nexus. Jurnal Ekonomi Malaysia, 53 (3). pp. 1-11. ISSN 0127-1962 http://www.ukm.my/fep/jem/content/2019-3.html
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Kebangasaan Malaysia
building	UKM Institutional Repository
collection	Online Access
language	English
description	This study aims to examine the relationship between charitable giving (CG) and firm performance (FP) of tourism-related firms across various economic regions. Panel data on tourism-related firms covering the years 2002 to 2014 are utilised. Results generating from the system-GMM estimator reveals an inverse U-shaped relationship between CG and FP. This curvilinear relationship suggests that though CG enhances FP, it does not imply an unlimited increased in charitable giving. Beyond a certain limit, firm performance will deteriorate. Furthermore, the empirical results also suggest that a firm’s slack resources play a vital role in strengthening the CG-FP relationship. This finding implies that firms with higher flexibility of slack resources may allocate their slack resources in relation to CG to improve their financial performance and subsequently remain competitive in the industry.
format	Article
author	Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed,
spellingShingle	Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed, Moderating effect of slack resources on the charitable giving and firm performance nexus
author_facet	Tan, Siow-Hooi Muzafar Shah Habibullah, Ong, Hway-Boon Azali Mohamed,
author_sort	Tan, Siow-Hooi
title	Moderating effect of slack resources on the charitable giving and firm performance nexus
title_short	Moderating effect of slack resources on the charitable giving and firm performance nexus
title_full	Moderating effect of slack resources on the charitable giving and firm performance nexus
title_fullStr	Moderating effect of slack resources on the charitable giving and firm performance nexus
title_full_unstemmed	Moderating effect of slack resources on the charitable giving and firm performance nexus
title_sort	moderating effect of slack resources on the charitable giving and firm performance nexus
publisher	Penerbit Universiti Kebangsaan Malaysia
publishDate	2019
url	http://journalarticle.ukm.my/14143/ http://journalarticle.ukm.my/14143/ http://journalarticle.ukm.my/14143/1/jeko_53%283%29-10.pdf
first_indexed	2023-09-18T20:06:26Z
last_indexed	2023-09-18T20:06:26Z
_version_	1777407189670952960

Moderating effect of slack resources on the charitable giving and firm performance nexus

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