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Determinants of corporate social disclosure: Empirical evidence from Bangladesh

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  • Muttakin, Mohammad Badrul
  • Khan, Arifur

Abstract

We explore the potential firm and industry characteristics that determine the corporate social responsibility (CSR) disclosure practises by Bangladeshi listed firms. We use a CSR disclosure checklist to measure the extent of CSR disclosure in the annual reports and a multiple regression analysis to examine the determinants of CSR disclosure. Our study finds that CSR disclosure has positive and significant relationships with export-oriented sector, firm size and types of industries. We also find a negative relationship between CSR disclosure and family ownership. The overall findings of our study provide empirical evidence which suggests that a number of firm and industry characteristics are important determinants of the extent of CSR disclosures in a developing country like Bangladesh. Our findings can help the policy makers to adopt necessary regulatory reform to improve the CSR practises and enhance organisational legitimacy.

Suggested Citation

  • Muttakin, Mohammad Badrul & Khan, Arifur, 2014. "Determinants of corporate social disclosure: Empirical evidence from Bangladesh," Advances in accounting, Elsevier, vol. 30(1), pages 168-175.
  • Handle: RePEc:eee:advacc:v:30:y:2014:i:1:p:168-175
    DOI: 10.1016/j.adiac.2014.03.005
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    References listed on IDEAS

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    Citations

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    Cited by:

    1. Ali Mustafa Magablih, 2017. "The Reflection of Social Responsibility Accounting Application in the Insurance Companies-Jordan to Increase Their Earnings," International Journal of Economics and Finance, Canadian Center of Science and Education, vol. 9(7), pages 242-251, July.
    2. Teresa Herrador-Alcaide & Montserrat Hernández-Solís, 2019. "Empirical Study Regarding Non-Financial Disclosure for Social Conscious Consumption in the Spanish E-Credit Market," Sustainability, MDPI, Open Access Journal, vol. 11(3), pages 1-26, February.
    3. María Inmaculada Alonso Carrillo & Alba María Priego De La Cruz & Montserrat Nuñez Chicharro, 2019. "The Impact of Corporate Governance on Corruption Disclosure in European Listed Firms through the Implementation of Directive 2014/95/EU," Sustainability, MDPI, Open Access Journal, vol. 11(22), pages 1-21, November.
    4. Mohammad Badrul Muttakin & Arifur Khan & Dessalegn Getie Mihret, 2018. "The Effect of Board Capital and CEO Power on Corporate Social Responsibility Disclosures," Journal of Business Ethics, Springer, vol. 150(1), pages 41-56, June.
    5. Frank Sampong & Na Song & Kingsley Osei Boahene & Kwame Ansong Wadie, 2018. "Disclosure of CSR Performance and Firm Value: New Evidence from South Africa on the Basis of the GRI Guidelines for Sustainability Disclosure," Sustainability, MDPI, Open Access Journal, vol. 10(12), pages 1-28, November.
    6. Jacob Cherian & Muhammad Safdar Sial & Dang Khoa Tran & Jinsoo Hwang & Thai Hong Thuy Khanh & Mansoor Ahmed, 2020. "The Strength of CEOs’Influence on CSR in Chinese listed Companies. New Insights from an Agency Theory Perspective," Sustainability, MDPI, Open Access Journal, vol. 12(6), pages 1-13, March.
    7. Sadaf Ehsan & Mian Sajid Nazir & Mohammad Nurunnabi & Qasim Raza Khan & Samya Tahir & Ishfaq Ahmed, 2018. "A Multimethod Approach to Assess and Measure Corporate Social Responsibility Disclosure and Practices in a Developing Economy," Sustainability, MDPI, Open Access Journal, vol. 10(8), pages 1-18, August.
    8. Monika Kansal & Mahesh Joshi & Shekar Babu & Sharad Sharma, 2018. "Reporting of Corporate Social Responsibility in Central Public Sector Enterprises: A Study of Post Mandatory Regime in India," Journal of Business Ethics, Springer, vol. 151(3), pages 813-831, September.
    9. Ignacio J. Duran & Pablo Rodrigo, 2018. "Why Do Firms in Emerging Markets Report? A Stakeholder Theory Approach to Study the Determinants of Non-Financial Disclosure in Latin America," Sustainability, MDPI, Open Access Journal, vol. 10(9), pages 1-20, August.
    10. Nahg Abdul Majid Alawi & Azhar Abdul Rahman & Azlan Amran & Mehran Nejati, 2016. "Does family group affiliation matter in CSR reporting? Evidence from Yemen," Afro-Asian Journal of Finance and Accounting, Inderscience Enterprises Ltd, vol. 6(1), pages 12-30.
    11. Melita Mehjabeen, 2020. "Comparative Analysis of the Dominant Themes in CSR Reporting Discourse in Bangladesh: A Structured Literature Review," GATR Journals afr184, Global Academy of Training and Research (GATR) Enterprise.
    12. Hui-Cheng Yu & Lopin Kuo & Beiling Ma, 2020. "The Drivers of Corporate Water Disclosure in Enhancing Information Transparency," Sustainability, MDPI, Open Access Journal, vol. 12(1), pages 1-14, January.

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