Table 2.

Descriptive statistics (n = 48)

StatementMiniMaxMeanSDRank
To create a better social and ethical image for the company154.291.1481
To enhance the mental image of the company154.131.2482
To positively impact firm’s value154.101.1153
To promote firm’s value154.081.1824
To build PR image as a marketing strategy153.941.2625
To signify firm’s leadership in the sector153.881.1966
To improve firm’s economic performance153.771.0967
To comply with the CMA’s guide for ESG reporting153.731.1988
To contribute to the public affairs153.691.0759
To improve stakeholder trust in the company153.651.29610
To demonstrate ethical principles153.631.17811
To enhance CSR awareness153.601.19812
To exhibit a role in society that surpasses the mere generation of profits153.561.20113
To correspond to the IFRS requirements on such disclosure153.541.22014
To serve society153.541.27115
To signal to investors the company’s care for the earth153.521.13016
To avoid possible legal responsibility153.501.27217
To meet ethical motivation of stakeholders153.481.20318
To comply with business social responsibility which has an Islamic aspect153.481.32119
To signify firm’s profitability153.331.11720
To meet ethical motivation of senior management153.251.24621
To satisfy and meet independent directors’ requirement for accountability to environmental practices153.231.18922
To signify firm’s size153.001.28823
To develop the society in accordance with the concept of the umma152.961.25424
Grand mean3.62  

Source:

Author’s own work

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