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62737

CORPORATE SOCIAL REPORTING IN EGYPT: NATURE AND DETERMINANTS

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Last updated: 24 Dec 2024

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Abstract

Purpose: This paper explores the nature and determinants of corporate social reporting (CSR) in Egyptian listed companies using publicly available sources, including annual reports, stand-alone reports and corporate internet disclosures. Design/methodology/approach: A 55-point content analysis from 6 categories was developed using both Egyptian sustainability reporting guidelines and the Global Reporting Initiative reporting guidelines. Both the index score and number of sentences were used to measure CSR. Multiple OLS regression was used to test the significance of both corporate governance mechanisms and firms' characteristics in explaining the variations in CSR. Mann-Whitney U tests were used to measure the differences between governmental and non-governmental firms. Findings: The results of descriptive statistics show that 54.8% of the sample reported CSR. Community & social information was dominant under the three disclosure channels. Empirical findings show a significant relationship between CSR disclosure and the existence of a CSR division, the existence of family directors on the board and those companies which are cross-listed. The results do not show a significant relationship between CSR and non-executive directors, CEO duality, institutional ownership, foreign ownership, size, profitability, leverage and audit firm type. The results also show that non-governmental companies use varied channels of disclosure more than government-owned companies. Originality/value: As the most comprehensive study to date of its kind in an Egyptian context, the paper contributes to investigating empirically the link between CSR and both corporate governance mechanisms and firm specific characteristics.  

DOI

10.21608/jsst.2018.62737

Keywords

CORPORATE SOCIAL REPORTING

Authors

First Name

Mohamed

Last Name

E. Elmaghrabi

MiddleName

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Affiliation

Faculty of Commerce, Damietta University, Egypt

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Orcid

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Volume

19

Article Issue

العدد الرابع- الجزء الثانی

Related Issue

9493

Issue Date

2018-10-01

Receive Date

2019-11-29

Publish Date

2018-10-01

Page Start

1

Page End

37

Print ISSN

2090-5327

Online ISSN

2682-3543

Link

https://jsst.journals.ekb.eg/article_62737.html

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https://jsst.journals.ekb.eg/service?article_code=62737

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المقالة الأصلية

Type Code

1,048

Publication Type

Journal

Publication Title

مجلة البحوث المالية والتجارية

Publication Link

https://jsst.journals.ekb.eg/

MainTitle

CORPORATE SOCIAL REPORTING IN EGYPT: NATURE AND DETERMINANTS

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Article

Created At

22 Jan 2023