The influence of corporate governance practices on corporate social responsibility reporting

Article

Rashid, Afzalur. 2018. "The influence of corporate governance practices on corporate social responsibility reporting." Social Responsibility Journal. 14 (1), pp. 20-39. https://doi.org/10.1108/SRJ-05-2016-0080
Article Title

The influence of corporate governance practices on corporate social responsibility reporting

ERA Journal ID40462
Article CategoryArticle
Authors
AuthorRashid, Afzalur
Journal TitleSocial Responsibility Journal
Journal Citation14 (1), pp. 20-39
Number of Pages20
Year2018
PublisherEmerald
Place of PublicationUnited Kingdom
ISSN1747-1117
Digital Object Identifier (DOI)https://doi.org/10.1108/SRJ-05-2016-0080
Web Address (URL)https://www.emerald.com/insight/content/doi/10.1108/SRJ-05-2016-0080/full/html
Abstract

Purpose – This study aims to investigate if 'corporate governance practices' have any influence on firm corporate social responsibility (CSR) reporting by listed firms in Bangladesh.

Design/methodology/approach – This study uses a content analysis to examine specific corporate social responsibility (CSR)-related attributes from 101 publicly listed non-financial firms in Bangladesh. Using various attributes of social and environmental reporting, a disclosure index is also constructed.

Findings – The finding of this study is that corporate governance practices do not have any influence on firm CSR reporting. The findings, in particular, show that CSR disclosure by firms is not responsive to new corporate governance regulations.

Research limitations/implications – This study is subject to some limitations, such as the subjectivity or judgement associated in the coding process.

Practical implications – The implication of this study is that firm CSR practices are legitimization exercises and firms will not make increased disclosure due to regulator’s quest for institutionalisation of corporate governance practices.

Originality/value – This study contributes to the literature on the practices of CSR reporting in the context of developing countries following regulator’s quest for institutionalisation of corporate governance practices.
Keywords Corporate governance, Corporate social responsibility, Content analysis, Legitimacy theory,
Neo-institutional sociology
Paper type Research paper

Keywordscorporate governance, corporate social responsibility, content analysis, legitimacy theory, neo-institutional sociology
Contains Sensitive ContentDoes not contain sensitive content
ANZSRC Field of Research 2020350107. Sustainability accounting and reporting
Public Notes

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Byline AffiliationsSchool of Commerce
Institution of OriginUniversity of Southern Queensland
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