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206919

Assuring Corporate Social Responsibility Reports: Motives and Challenges of Egyptian Companies

Article

Last updated: 01 Feb 2025

Subjects

-

Tags

المحاسبة

Abstract

This study aims at examining the contemporary practice of Corporate Social Responsibility (CSR) assurance and exploring its future in Egypt. Forty-four managers working in Egyptian listed companies with a recognized CSR experience are surveyed to attain their perceptions on the issues examined. Kruskal Wallis test are utilized for hypotheses testing. Results reveal that the lack of awareness about the assurance importance and its high cost are perceived as the main hindrances of assurance reports in Egypt. Respondents' level of experience has no impact on their perceptions of the Egyptian companies' motives of to assure CSR reports. However, the respondents' experience level influences their realization of certain challenges, such as the dearth of stakeholders' pressure; the concerns about auditors' independence and the lack of the awareness of importance of CSR assurance, that may limit Egyptian companies to undertake the assurance decision. Furthermore, respondents' experience level affect on their perceptions of the urgency of unified reporting guidelines as well as the stakeholders' pressure to enhance the future of CSR assurance in Egypt. In addition, the companies' size influences the respondents' perceptions about the identified factors that stimulates Egyptian companies to assure CSR reports, excluding the need to enhance the external reporting. Also, the companies' size affects the respondents' view of stakeholders' pressure as a factor that imped Egyptian companies from undertaking the assurance decision. Finally, for each identified strand enhance the diffusion of CSR assurance in Egypt, our results report a significant impact of the companies' size on the respondents' perceptions.

DOI

10.21608/aja.2021.101935.1172

Keywords

- CSR Assurance, Egypt, EGX100 Index

Authors

First Name

Mona

Last Name

Ganna

MiddleName

-

Affiliation

Accounting Department Faculty of Commerce Tanta University

Email

mona.gana@commerce.tanta.edu.eg

City

-

Orcid

-

First Name

Laila

Last Name

Aladwey

MiddleName

-

Affiliation

Faculty of Commerce Tanta University Egypt

Email

laila.eladawi@commerce.tanta.edu.eg

City

Tanta

Orcid

-

Volume

45

Article Issue

1

Related Issue

51538

Issue Date

2025-02-01

Receive Date

2021-10-20

Publish Date

2025-02-01

Page Start

303

Page End

316

Print ISSN

1110-5453

Online ISSN

2663-4473

Link

https://aja.journals.ekb.eg/article_206919.html

Detail API

http://journals.ekb.eg?_action=service&article_code=206919

Order

16

Type

بحوث باللغة الإنجلیزیة

Type Code

707

Publication Type

Journal

Publication Title

المجلة العربية للإدارة

Publication Link

https://aja.journals.ekb.eg/

MainTitle

Assuring Corporate Social Responsibility Reports: Motives and Challenges of Egyptian Companies

Details

Type

Article

Created At

01 Feb 2025