Citation

Hossain, Mohammad Imtiaz and Teh, Boon Heng and Chong, Lee Lee and Ong, Tze San and Tabash, Mosab I. and Jamadar, Yasmin (2024) Corporate shared prosperity: scale development and validation. Cogent Business & Management, 11 (1). ISSN 2331-1975

Text Corporate shared prosperity_ scale development and validation.pdf - Published Version Restricted to Repository staff only Download (2MB)

Abstract

Business organizations are forced to prioritize ensuring corporate shared prosperity(csP) through enhancing corporate sustainability performance and stakeholder’sbetterment. there is a lack of comprehensive and quantifiable measurement of csP andexisting studies are conceptual and case study based. thus, this study explores theessential dimensions involved in developing and verifying the corporate sharedprosperity measurement which will help researchers to conduct empirical study. thisscale development paper may prove valuable to both readers and scholars engaged inthe field of sustainability and stakeholder development. stakeholder theory is used asan underpinning theory. sixteen (16) items under five (5) dimensions were developedto measure corporate shared prosperity after reviewing the existing literature, verifyingby focus group discussion, and analyzing 229 Malaysian manufacturing firms responsesusing exploratory factor analysis and confirmatory composite analysis (cca). this reliableand valid scale would benefit scholars in measuring csP and examining the impact ofsustainable performance on csP. Further empirical evaluation based on this developedscale would ensure inclusive, sustainable development for stakeholders and makeorganizations more resilient. this research is a unique and initial attempt to develop avalidated questionnaire survey based tool to measure corporate shared prosperityquantitatively.

Item Type:	Article
Uncontrolled Keywords:	corporate shared prosperity, scale development, validation
Subjects:	H Social Sciences > HB Economic theory. Demography > HB3711-3840 Business cycles. Economic fluctuations
Divisions:	Faculty of Management (FOM)
Depositing User:	Ms Nurul Iqtiani Ahmad
Date Deposited:	31 Jul 2024 04:29
Last Modified:	31 Jul 2024 04:29
URII:	http://shdl.mmu.edu.my/id/eprint/12686

Downloads

Edit (login required)