دانلود رایگان مقاله عوامل موثر بر افشای مسئولیت اجتماعی شرکت

Abstract

Over the last fewdecades, a number of studies, mostly in thewestern countries, have investigated the nature and frequency of corporate social responsibility disclosures, their patterns and trends, and their general relationships with corporate size and profitability. This study seeks to extend the knowledge regarding the relationship between a number of financial and non-financial corporate characteristics and the level of social responsibility disclosures based on an extensive sample of top Indian companies. Corporate size and industry category are found to correlate with the corporate social disclosures of the companies and the corporate reputation as recognised through awards and social ratings has also been observed to be a significant factor that influences the social disclosures made by the Indian companies.

8. Conclusions, limitations and future research

This paper examined the current level of CSR in the wellrepresented and fast-emerging Indian economy with its large corporate sector. This is a comprehensive study that makes a value-adding contribution to the existing CSR literature by investigating various financial and non-financial determinants of CSRD in India. The study found that overall disclosures are low; these results are similar to those reported by earlier studies in developing countries (Chaudhri & Wang, 2007; Azim et al., 2009; Menassa, 2010). The results highlight that a firm's industry affiliation and profitability significantly influence its CSRD. The finding that profitability determines CSRD in a positive manner is similar to results reported by Roberts (1992), Waddock and Gravess (1997) and Wu (2006). The study could not confirm any association between CSRD and risk, which is also consistent with earlier research (Haniffa & Cooke, 2005). Non-financial variables and social reputation also determine the communication of social efforts. These results are similar to results shown by previous studies into the nature of industry-influenced CSRD (Rizk et al., 2008; Kotonen, 2009). The results are crucial and match with expectations because of the ‘business case + caring model’, long-established CSR tradition and high reputation of the companies seriously involved in CSR in India. The study has some limitations as it considered the data for only one year from the annual reports of the sample companies and did not consider some other corporate disclosure sources, such as media and corporate websites. Content analysis was performed by one of the authors to eliminate inter–rater bias and the coding of a sample of 10 companies was crosschecked by the other author. Nevertheless, the errors inherent in the rating scale due to human judgment and bias remain a limitation. Regarding future research, the financial and non-financial determinants model could be replicated and confirmed in other developing countries. Future researchers could investigate the motivations behind CSRD by the corporate sector by conducting interviews with managers and boards of directors.