Ownership structure and corporate social responsibility disclosure: some Malaysian evidence

Purpose – The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of CSR disclosure...

Full description

Bibliographic Details
Main Author:	Mohd Ghazali, Nazli Anum
Format:	Article
Language:	English
Published:	Emerald Group Publishing 2007
Subjects:	HF5387 Business ethics HF5601 Accounting. Bookkeeping
Online Access:	http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/1/Ownership_structure.pdf

id	iium-444
recordtype	eprints
spelling	iium-4442013-07-06T03:45:16Z http://irep.iium.edu.my/444/ Ownership structure and corporate social responsibility disclosure: some Malaysian evidence Mohd Ghazali, Nazli Anum HF5387 Business ethics HF5601 Accounting. Bookkeeping Purpose – The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of CSR disclosure in annual reports and a multiple regression analysis to examine the association between ownership structure and the extent of CSR disclosure in annual reports. Findings – The paper finds that, even among the larger and actively traded stocks in Malaysia, there is considerable variability in the amount of social activities disclosed in corporate annual reports. Results from multiple regression analysis show that, consistent with expectations, companies in which the directors hold a higher proportion of equity shares (owner-managed companies) disclosed significantly less CSR information, while companies in which the government is a substantial shareholder disclosed significantly more CSR information in their annual reports. Research limitations/implications – The sample for this study comes from larger and actively traded stocks on the Bursa Malaysia. Thus, the results may not be generalizable to smaller and less actively traded stocks. Practical implications – The findings appear to suggest that the level of CSR disclosure in annual reports of companies depends on the extent of ‘‘public pressure’’ faced by each company. The results also raise the question of whether corporate involvement in social activities should be made a mandatory disclosure in annual reports to better assess the extent of ‘‘corporate citizenship’’ of Malaysian companies. Originality/value – The study finds that ownership structure, which had been ignored in prior studies on factors influencing CSR disclosure,has an impact on CSR disclosure. Emerald Group Publishing 2007 Article PeerReviewed application/pdf en http://irep.iium.edu.my/444/1/Ownership_structure.pdf Mohd Ghazali, Nazli Anum (2007) Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. Corporate Governance, 7 (3). pp. 251-266. ISSN 1472-0701 http://dx.doi.org/10.1108/14720700710756535 doi:10.1108/14720700710756535
repository_type	Digital Repository
institution_category	Local University
institution	International Islamic University Malaysia
building	IIUM Repository
collection	Online Access
language	English
topic	HF5387 Business ethics HF5601 Accounting. Bookkeeping
spellingShingle	HF5387 Business ethics HF5601 Accounting. Bookkeeping Mohd Ghazali, Nazli Anum Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
description	Purpose – The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of CSR disclosure in annual reports and a multiple regression analysis to examine the association between ownership structure and the extent of CSR disclosure in annual reports. Findings – The paper finds that, even among the larger and actively traded stocks in Malaysia, there is considerable variability in the amount of social activities disclosed in corporate annual reports. Results from multiple regression analysis show that, consistent with expectations, companies in which the directors hold a higher proportion of equity shares (owner-managed companies) disclosed significantly less CSR information, while companies in which the government is a substantial shareholder disclosed significantly more CSR information in their annual reports. Research limitations/implications – The sample for this study comes from larger and actively traded stocks on the Bursa Malaysia. Thus, the results may not be generalizable to smaller and less actively traded stocks. Practical implications – The findings appear to suggest that the level of CSR disclosure in annual reports of companies depends on the extent of ‘‘public pressure’’ faced by each company. The results also raise the question of whether corporate involvement in social activities should be made a mandatory disclosure in annual reports to better assess the extent of ‘‘corporate citizenship’’ of Malaysian companies. Originality/value – The study finds that ownership structure, which had been ignored in prior studies on factors influencing CSR disclosure,has an impact on CSR disclosure.
format	Article
author	Mohd Ghazali, Nazli Anum
author_facet	Mohd Ghazali, Nazli Anum
author_sort	Mohd Ghazali, Nazli Anum
title	Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
title_short	Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
title_full	Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
title_fullStr	Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
title_full_unstemmed	Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
title_sort	ownership structure and corporate social responsibility disclosure: some malaysian evidence
publisher	Emerald Group Publishing
publishDate	2007
url	http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/1/Ownership_structure.pdf
first_indexed	2023-09-18T20:07:34Z
last_indexed	2023-09-18T20:07:34Z
_version_	1777407260822077440

Ownership structure and corporate social responsibility disclosure: some Malaysian evidence

Similar Items