Purpose The purpose of this study is to examine whether there is any improvement in the extent and quality of corporate social responsibility disclosures (CSRD) in Malaysia between 2011 and 2014 and to determine the factors that influence the extent and quality of CSRD in these two years. Also, this study examines the methods of disclosures and the items that largest Malaysian companies addressed. Design/methodology/approach A self-constructed CSR is utilised to measure the extent and quality of CSRD in the annual reports of the top 71 Malaysian companies listed in Bursa Malaysia for the years 2011 and 2014. Multiple regressions along with their associated toolkits for data verification and diagnostic tests are used to assess the improvement in CSRD between 2011 and 2014 and the factors that affect CSRD. Findings Results show a slight increase in the extent and quality of CSRD between 2011 and 2014. With regards to the factors influencing CSRD, only awards are found to be significant in determining the extent and quality of CSRD either in 2011 or in 2014. Board size, ownership concentration, independent non-executives and return on assets influence both the extent and quality of CSRD in 2011. Director ownership and firm size determine the extent and quality of CSRD in 2014. Government ownership only influences the extent of CSRD in 2011. Research limitations/implications Some traditional limitations are found to be considered in future research, such as the use of annual reports as the only source of CSRD information. Results support the legitimacy theory that assumes that Malaysian companies disclose CSR information as a reflection of the incidents that happen in that environment of the firm without ignoring the role of the government in pushing those companies towards being socially responsible by issuing regulations, or in motivating those companies by introducing awards and giving fiscal facilities. Practical implications The results help the policymakers to introduce more awards in some domains that were less addressed by Malaysian companies and also to examine the causes behind the non-influence of the new Malaysian Code on Corporate Governance (MCCG 2012) on CSRD. Originality/value The study can be considered as one of the limited empirical studies that assess the changes in CSRD before and after the issuance of MCCG 2012 in Malaysia.
The prosperity and success of a society heavily depends on the strength of the relation of its individual members, thus family constituting the fundamental unit of the structure of society provides the avenue for initiation of such relation among the individual members. Marriage as the only process through which families are brought into existence can play a very significant role in formulation of a good and cordial relation between individual at the micro level in the society hence, extending it to macro level. Therefore, this paper attempts to delineate on the significance of marriage in Islam, its purposes and role, in creation of cordial relation among the members of the society. This paper using an analytical method concludes that marriage leads to formation of cordial relation among family members hence result an integrated social relation network in the society.
This article examines critically the three major sociological theories namely, Structural Functionalism, Symbolic Interactionism and Conflict theory. These theories are formulated on the pattern of science where scientific method is strictly adhered to. Considering the nature and the essence of the social phenomenon and its component parts the author argues that the application of pure scientific method in the study or analysis of the social phenomenon fail to present an accurate understanding of the social phenomenon. Thus, an alternative method which is capable of taking into consideration both physical and metaphysical aspects of the social phenomenon is required. Toward this end this article attempts to delineate the three major theories of sociology, their shortcoming and loophole, then attempt to highlight the constituent elements of the social phenomenon and their significance in formulation of comprehensive sociological theories. An Islamic perspective on sociological theories is also provided in the last part of this article where the discrepancy of the sociological theories are disclosed and a proposal for a more dynamic method for the formulation of sociological theories of comprehensive nature is made.
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