Political, Social and Economic Determinants of Corporate Social Disclosure by Multi-national Firms in Environmentally Sensitive Industries

Steven Toms, John Hasseldine, Hiba Massoud

Allbwn ymchwil: Cyfraniad at gynhadleddPapuradolygiad gan gymheiriaid

Crynodeb

Using examples from environmentally sensitive industries, the paper examines the determinants of corporate social disclosure (CSD). The paper moves beyond the traditional literature in two respects. First it is international in scope, examining the accounting disclosure responses of multi-national companies to the pressures implied by the nature and scope of their operations. Second, variables measuring political risk and social development are developed so that these pressures can be measured, thereby introducing new dimensions to the literature. In common with previous studies, financial risk, size and other control variables are included. The relationships are tested econometrically utilising regression techniques not previously applied in the CSD literature but nonetheless more generally appropriate when using count dependent variables. Results suggest that managers feel an unequal sense of responsibility to different constituencies and their disclosure priorities are determined by stock market accountability, lobbying power of their domestic audience and the political risk of their activities rather than the impact of their activities in countries of operation.
Iaith wreiddiolSaesneg
Nifer y tudalennau23
StatwsCyhoeddwyd - 16 Ebr 2007
Cyhoeddwyd yn allanolIe
DigwyddiadThe British Academy of Management: Corporate Social Responsibility Special Interest Group Conference - 28 White Rose Research Consortium, York, Y Deyrnas Unedig
Hyd: 16 Ebr 200717 Ebr 2007
Rhif y gynhadledd: 28

Cynhadledd

CynhadleddThe British Academy of Management
Gwlad/TiriogaethY Deyrnas Unedig
DinasYork
Cyfnod16/04/0717/04/07

Dyfynnu hyn