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37758

Can Corporate Governance Improve Corporate Social Responsibility (CSR) Accounting Disclosure in Egyptian Banks?

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Last updated: 22 Jan 2023

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Abstract

This paper analyzes local-global Corporate Social Responsibility (CSR) accounting reporting practices in Egyptian financial institutions' annual reports and websites. Also, it explores ways forward the Egyptian Corporate Governance (CG) code can enhance CSR accounting reporting after two revolutions. A content analysis is conducted on the annual reports and websites of various banks (public, private and joint venture, branches of foreign banks). The employed disclosure index uses the European Social Justice Index (ESJI), Global Reporting Initiatives (GRI), literature, and a pilot review of Egyptian banks' annual reports and websites. The results indicate that western CSR reporting practices in Egyptian banks' annual reports and websites have hegemony over local concerns of CSR such as zakat fund, quard hassan, public policy, unlawful (haram) transactions, and cultural issues. Furthermore, this research concludes by giving insights for the development of CG code to enhance the quality of CSR reporting.

DOI

10.21608/atasu.2018.37758

Keywords

Corporate Social Responsibility, Corporate Governance, reporting, Egypt, Annual Reports, Websites

Authors

First Name

Mohamed Nagy Osman

Last Name

Mohamed

MiddleName

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Affiliation

Faculty of Commerce Benha University

Email

mohamedossman@gmail.com

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Orcid

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Volume

22

Article Issue

5

Related Issue

6054

Issue Date

2018-10-01

Receive Date

2019-06-27

Publish Date

2018-10-01

Page Start

25

Page End

55

Print ISSN

2356-8402

Online ISSN

2682-3128

Link

https://atasu.journals.ekb.eg/article_37758.html

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https://atasu.journals.ekb.eg/service?article_code=37758

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7

Type

المقالة الأصلية

Type Code

907

Publication Type

Journal

Publication Title

الفکر المحاسبى

Publication Link

https://atasu.journals.ekb.eg/

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Article

Created At

22 Jan 2023