Disclosure Of Corporate Social Responsibility Activities Research Articles

The influence of board of directors’ characteristics on corporate social responsibility disclosures in Jordanian Islamic banks

In an era where organizations are increasingly recognizing the paramount importance of addressing societal and environmental concerns, corporate social responsibility (CSR) has emerged as a pivotal facet of contemporary business practices. Within the banking sector, Islamic banks assume a significant role in advocating ethical and socially responsible conduct. This study delves into the impact of the board of directors' characteristics on corporate social responsibility disclosures (CSRD) within Jordanian Islamic banks. Data were meticulously gathered from three Jordanian Islamic banks, all of which are listed on the Amman Stock Exchange (ASE), over the span of the years 2010 to 2022. Our findings illuminate that Jordanian Islamic banks, on average, disclose 47 percent of their CSR endeavors, marking a commendable level of transparency, particularly when contrasted with less developed economies. Notably, independent directors comprise 42% of the board composition, with the average age of board members standing at 41 years. Moreover, 8.10% of board members hold degrees in finance and accounting, while 0.24% possess professional experience within the Big Four accounting firms. On average, Jordanian Islamic banks convene 10.27 board meetings annually, and 48% of directors maintain multiple directorships. Significantly, our analysis underscores that all examined characteristics of board members have a favorable influence on CSR disclosure within Jordanian Islamic banks. This paper constitutes a substantial contribution to the extant literature by providing empirical substantiation of the nexus between the board of directors' characteristics and CSRD in Jordanian Islamic banks, with a specific emphasis on the unique domain of Islamic banking, which has hitherto received limited scholarly attention. Further avenues of research are recommended to explore additional variables and delve deeper into the intricate interplay between board characteristics, external contextual factors, and the disclosure of CSR activities.

Environmental, social and governance disclosure’s impacts on earnings management: Family versus non-family firms

Firms may strategically disclose corporate social responsibility (CSR) activities to compensate for their earnings management practices and, in this way, deflect stakeholders' attention from non-standard reporting procedures. However, CSR dimensions can contribute differently to these practices, and these impacts may be affected by specific business contexts. This study investigated how each component of environmental, social and governance (ESG) disclosure individually affects earnings management in family versus non-family firms. The analysis used data from 2009 to 2018 on listed companies in France and Spain as these code law countries both have concentrated ownership. The results show that not all ESG dimensions are equally important for reducing earnings management and that the relationship between ESG disclosure and earnings management is affected by firms’ family or non-family status. The findings contribute to resolving the debate generated by inconsistent results reported regarding the relationship between disclosure of CSR activities and earnings management.

Dissection of Corporate Social Responsibility (CSR) in SME’s Issues, Challenges, Myth & Reality, a Qualitative Study on Karachi Based SME’s

Background: Corporate social responsibility is the concept which is now widely accepted in developed world. In Pakistan corporate sector is providing best examples of the socially responsible business but in SME sector this concept has not discussed yet. I have done detailed study for the findings CSR in SME’s & their reality. Objective: The main objectives of the study were to dissect the actual position, direction, issues & challenges of CSR activities & practices in SME’s of Karachi. As Karachi is an industrial hub of Pakistan so CSR if present in SME’s will be a good indicator of whole country. My objective was to determine the reality of CSR practices in SME’s & what they think about being a socially responsible. Results: We after study found very important & thoughtful results. We found that there is lack of awareness about the CSR concept & its voluntary guidelines in the SME sector. Many business owners know this concept but very limited approach they have about the topic. Lack of trust on GOP, wide gap between SMEDA & SME’s, absence of voluntary guidelines for CSR especially for SME’s, & misconception about the disclosure of CSR activities are the major causes responsible for the absence of socially responsible SME’s in Pakistan. Conclusion: Public & private partnership & cooperation is much necessary in SME sector for the better society in which business operates. Philosophy of earning with serving will have to be adopted by the SME sector of Karachi.

The nature and extent of corporate social responsibility disclosure in Tanzania

AbstractThe study determined the nature and extent of corporate social responsibility (CSR) disclosures in the annual reports in Tanzania. The documentary analysis of the annual reports of 15 listed companies on the Dar Es Salam stock exchange market was undertaken from 2000 to 2014. The data were analysed using content analysis to determine the patterns and contents of information disclosed. The findings indicate that disclosure of CSR activities in the narrative section of the annual report is pleasing. Good reports disclosed social and environmental protection, education, health, and water supply to the stakeholders accompanied with monetary values. Other disclosures included contributions in sports and culture, empowerment of women and youth, community, employees, and human rights. However, some companies had unsystematic reporting and less monetary values to support their recipients. The study recommends the stock exchange and the accounting body to provide disclosure guidelines to improve the form and contents of reporting. Future research can be directed to other disclosure means such as websites, stand‐alone reports, and press releases of both listed and unlisted companies.