• norsk
    • English
  • English 
    • norsk
    • English
  • Login
View Item 
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
  •   Home
  • Norges Handelshøyskole
  • Thesis
  • Master Thesis
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Mandatory CSR reporting and corporate financial performance : the causal effects of §3-3c in the accounting act on the financial performance of Norwegian companies

Zenya, Aarcha
Master thesis
Thumbnail
View/Open
masterthesis.pdf (2.272Mb)
URI
https://hdl.handle.net/11250/2644146
Date
2019
Metadata
Show full item record
Collections
  • Master Thesis [3258]
Abstract
Regression discontinuity design was employed to estimate the causal effects of mandatory

CSR disclosure imposed by §3-3c in the Accounting Act on the corporate financial

performance of companies in Norway. The analysis used data from 4 954 Norwegian

firms. In this study, 15 financial ratios – that assess the profitability, efficiency, liquidity

and leverage – were selected to examine the change in corporate financial performance.

By using small and large businesses as treatment and control groups, respectively, this

project estimated the causal effects of the legislation on the change in the ratios. The

regression discontinuity design did not facilitate the causal estimation of §3-3c on liquidity.

The analysis did reveal positive and negative short-term effects on profitability and firm

leverage, respectively. However, the analysis yielded inconclusive results for financial

efficiency. Nevertheless, all companies must incorporate CSR into their business strategies

and actively report on their CSR activities to their stakeholders.

Keywords – Regression Discontinuity, Mandatory CSR Reporting, Corporate Financial

Performance, Accounting Act, Norwegian Companies

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit
 

 

Browse

ArchiveCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsDocument TypesJournalsThis CollectionBy Issue DateAuthorsTitlesSubjectsDocument TypesJournals

My Account

Login

Statistics

View Usage Statistics

Contact Us | Send Feedback

Privacy policy
DSpace software copyright © 2002-2019  DuraSpace

Service from  Unit