Find in Library
Search millions of books, articles, and more
Indexed Open Access Databases
The impact of leadership style and corporate social responsibility practices on financial performance: Evidence from Textile industry
oleh: Thi Diep Uyen Doan, Van Hung Bui, Thi Thu Hien Phan, Xuan Hung Nguyen, Thi Kim Lien Tran
Format: | Article |
---|---|
Diterbitkan: | Growing Science 2019-07-01 |
Deskripsi
The objective of this article is to assess the impact of leadership style on deciding to implement cor-porate social responsibility (CSR) for Nam Dinh textile garment enterprises. At the same time, the article examines the mediate role of CSR on the relationship between transformational leadership and financial performance. Moreover, the article verifies the moderate role of firm size in the relationship between transformational leadership and financial performance, Stakeholder - oriented marketing plays a moderate role in the relationship between transformational leadership and CSR practice and moderate role of transactional leadership style in the relationship between CSR practice and financial performance. Analysis was conducted on 168 textile garment enterprises in Nam Dinh. The results show that CSR played a mediate role in the relationship between transformational leadership and financial performance. At the same time, all moderator variables were statistically significant. The result encourages Nam Dinh textile and garment enterprises to conduct business ethically towards sustainable development by implementing CSR.