Author: Natascha Ariane Maria BellPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
Determinants and Consequences of CSR Disclosure: Normative and Empirical Evidence
Author: Natascha Ariane Maria BellPublisher:
ISBN:
Category :
Languages : en
Pages :
Book Description
The Disclosure and Assurance of Corporate Social Responsibility
Author: Isabel-María García-SánchezPublisher: Cambridge Scholars Publishing
ISBN: 1527524434
Category : Business & Economics
Languages : en
Pages : 252
Book Description
The essays collected here specifically examine the new trends of sustainability performance and reporting. They provide theoretical argumentation and evidence about sustainability performance, and determinants of its voluntary disclosure and external assurance. The book will interest companies, managers, shareholders, stakeholders and public bodies directly related to sustainability performance, the voluntary disclosure of sustainability information, and the adoption of an external assurance process.
Determinants and Consequences of CSR Disclosure Quantity and Quality
Author: Khaleed AlotaibiDeterminants of Voluntary CSR Disclosure
Author: Ramin GamerschlagPublisher:
ISBN:
Category :
Languages : en
Pages : 0
Book Description
Currently, companies spend a great deal of effort on Corporate Social Responsibility (CSR) disclosures. CSR disclosure relates to the provision of information on companies' environmental and social performance. From an economic perspective, companies might disclose this information to avoid or decrease potential political costs. We construct a CSR disclosure index based on the Global Reporting Initiative (GRI) guidelines. Using content analysis, we analyze 130 listed German companies' CSR disclosures (470 firm-year observations) to investigate the determinants of these voluntary disclosure activities. Our results show that, consistent with the political cost theory, German companies' disclosures of all CSR issues are affected by their visibility, shareholder structure, and relationship with their US stakeholders. In addition, higher profitability is associated with more environmental disclosures. Finally, size and industry membership affect the amount of CSR disclosure.
The Determinants and Consequences of Corporate Social Responsibility Disclosure
Author: H. A. M. AlkayedCorporate Social Responsibility Disclosure
Author: Nasr Taha HassanPublisher:
ISBN:
Category : Disclosure of information
Languages : en
Pages : 390
Book Description
Abstract: This study presented a framework to explain corporate social responsibility disclosure (CSD) in terms of determinants and consequences. The study is dealing with quantity and quality of CSD in both annual and stand alone reports. The framework is based on legitimacy theory as appropriate theoretical background for CSD, and the main idea in this theoretical framework is that CSD is a function of social pressure on companies concerning their social responsibility. The framework has started with explain the level of social pressure at the country level to explain the differences of the level of CSD among countries. It is argued that the interaction between economic level, culture and the level of corporate governance determine the level of social pressure in a given country. The level of CSD at the company level is determined according to two dimensions; the degree of social pressure that face each company and how each company responses to this pressure. It is argued that, on one hand, the interaction between corporate characteristics and media coverage of the company determine the degree of social pressure that face a company and on the other hand corporate governance mechanisms determine how each company responses to pressure. The last point in framework explains that the direct consequence for CSD is improving corporate social reputation. The empirical results support, to large extent, the framework. At a country level, both cultural values and economic level determine the level of social responsibility disclosure in the country. Concerning determinants of CSD at a company level, it appears that quantity of CSD, and to lesser extent quality of CSD, can be determined according to the following variables: corporate size, type of activity, media pressure, board size, the presence of corporate responsibility committee as a board committee, and ownership diffusion. With regard to the consequences of CSD, the empirical evidence indicates that CSD significantly influences corporate social reputation, while it has no impact on corporate market value.
Determinants and Consequences of Corporate Social Responsibility
Author: Ung YiPublisher:
ISBN: 9788932242675
Category : Social responsibility of business
Languages : en
Pages : 30
Book Description
Capital markets and voluntary disclosures on CSR and human capital: determinants and effects
Author: Ramin GamerschlagPublisher: Cuvillier Verlag
ISBN: 3736936982
Category : Business & Economics
Languages : en
Pages : 123
Book Description
Corporate disclosures are crucial for the functioning of efficient capital markets. They reduce information asymmetries between internal and external parties as well as between informed and uninformed investors. The thesis at hand focuses on voluntary disclosures with regard to CSR and human capital issues, their determinants and their implications for the capital market.
Determinants and Economic Consequences of Nonfinancial Disclosure Quality
Author: Yi DongPublisher:
ISBN:
Category :
Languages : en
Pages : 50
Book Description
This paper examines the determinants and economic consequences of nonfinancial disclosure quality, which is measured according to the ratings of corporate social responsibility (CSR) disclosure provided by the Ministry of Economic Affairs in the Netherlands. We find that firms with better CSR performance, greater external financing needs, and stronger corporate governance tend to provide higher quality CSR disclosures. In return, these firms gain greater analyst coverage, higher levels of institutional ownership, greater stock liquidity, higher valuations in SEOs, and lower yields to maturity in bond issuances. These benefits apply largely to firms with strong CSR performance. Collectively, our findings suggest that higher quality CSR disclosures deliver economic benefits.
Determinants and Consequences of Corporate Social Responsibility
Author: Woong LeePublisher:
ISBN:
Category :
Languages : en
Pages : 38
Book Description
India is the first country to introduce mandatory CSR spending for eligible firms, based on the revision of the Companies Act in 2013. In this paper, I explore the effects of the revision of the Companies Act in India on the likelihood of a firm's CSR participation and its profit. It is the first work to investigate the effects of the provision of mandatory CSR. The results show that the revision increased the eligible firms' CSR incurrence by 2.3 percent-age points, compared to ineligible firms. The findings also indicate that the revision is effective to increase the eligible firms' profits by 3.5 percent, compared to the ineligible firms. Therefore, I suggest that profit-maximizing CSR and private provision of public goods through mandatory CSR are valid in India.