Determinants of Corporate Social Responsibility Disclosure: An Empirical Study of Polish Listed Companies

By J. Dyduch, Joanna Krasodomska. 2017

209 citations recorded by the source corpus.

In this paper we explore whether a number of elements influence the levels of corporate social responsibility (CSR) disclosure in the annual reports of Polish companies. These elements include the following: company size, profitability, financial leverage, industry environmental sensitivity, board size, women on the board, internationalization, and reputation. We use content analysis to determine the quality of CSR disclosures. We test our hypotheses using a Tobit regression analysis on a sample of 60 reports from Polish companies listed on the Warsaw Stock Exchange. We find industry environmental sensitivity to have significant influence on CSR disclosures. Our research findings also reveal a relationship between company turnover, duration of the stock exchange listing, inclusion in the Respect Index portfolio and foreign capital share, and the level of CSR disclosures. This study extends the scope of previous studies by including non-commonly used independent variables: the company’s internationalization and reputation. To the authors’ knowledge, it is the primary step to investigating CSR reporting practices coupled with the corporate characteristics in a Central and Eastern European country such as Poland. The paper contributes to the understanding of determinants of CSR disclosure and offers findings which are potentially useful for both theory and practice.

Subfields: Accounting, Marketing, Strategy and Management

View Paper: https://www.semanticscholar.org/paper/aeee096d74c6730151edac72603ccc29236ab295

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In Accounting

1. S. Senaratne
2. T. Cooray
3. A. Gunarathne

In Marketing

1. S. Senaratne
2. T. Cooray
3. A. Gunarathne

In Strategy and Management

1. S. Senaratne
2. T. Cooray
3. A. Gunarathne

Citations in the corpus

• Does Corporate Governance Affect the Quality of Integrated Reporting? (2020, background): “Rejected [25,47,60,61] [24,49,51,59] H 5 = There is a significant positive relationship between the percentages of independent non-executive directors on the audit committee and IRQ.”
• The Impact of Innovation on the Firm Performance and Corporate Social Responsibility of Vietnamese Manufacturing Firms (2019, background): “Size is calculated as the natural logarithm of total assets [63]; Leverage is the ratio of total debt to total assets, to control for the possible impact of leverage on a firm’s CSR [64]; Competition measures the pressure from market competition, receiving the value of 1 if firms declare that they h”
• CSR Disclosure in Polish-Listed Companies in the Light of Directive 2014/95/EU Requirements: Empirical Evidence (2017, unknown): “We believe that our instrument enriches the literature examining content analysis of CSR disclosures, due to it having a different construction to those proposed in the literature [19,37].”