The Impact of Responsible Financial Business on the Profitability Performance of Public Listed Companies in Asia

Abstract

This research aimed to test the association among responsible financial business and its impact on profitability performance. This study chose a sample of publicly listed companies (PLC) in the large Asian companies listed on the stock market, consisting of 120 companies listed from 2010 to 2022. This paper showed that there is a positive and important relation among responsible financial business and profitability performance. Since 2010, after the international financial crisis, some countries have viewed a remarkable development in the public markets, in addition to a rise in the volume of business and a rise in the number of PLC on the stock market. Therefore, the goal of this paper is to test the extent to which these countries have been able to realize the significance of responsible business in the process of profit growth and economic integration, as well as what standards and policies have been applied for the purpose of interesting and encouraging the foreign capital and business. Also based on confirmation, the paper will classify and distinguish foreign direct business, its impact on integration, and its impact on profits. This research recommends that the investing in quality businesses is where your money should grow over the long term.