Corporate Social Responsibility Disclosure and Employee Commitment: Evidence from Libya

Abstract

Most research on corporate social responsibility disclosure (CSRD) describes its relationships with external factors such as financial performance and corporate reputation. There are relatively few studies that have focused employee's behaviours towards CSRD. This paper examines the relationship between CSRD on employee commitment. An exploratory approach is used in this paper by this study. This study utilizes interview method to collect data from 31 financial managers and information managers of 22 organisations; Miles and Huberman (1994) approach is used to analyse the qualitative data. The researchers have chosen the Libyan context as one of the world's developing countries that has undergone many changes over a short period of time in terms of economic, environmental and social changes. The majority view of managers interviewed is that as CSRD related to employee activities and consumer activities increases employee commitment towards its company increase. However, there is no relationship between CSRD related to environmental and employee disclosures and employee commitment in Libyan companies. The study discusses and explains important implications regarding uses of CSRD for enhancing employee's commitment.

Corporate Social Responsibility and Financial Performance: Evidences from the Nigerian Industrial and Consumer Sector

“…The finding of the study revealed that there is no significant association between employee's relationship and financial performance for Industrial and Consumer sector. This finding corroborated the results of (Wissuttro, 2015;Bayoud, 2012 andTilakasiri, 2012) who suggested that there is no relationship between employee's related with CSR activities and NPM.…”

Do Disclosures Drive Socially Responsible Investing?

“…ESG disclosures and SRI are indispensable to each other. Beck et al (2018), Reverte (2012), and Bayoud et al (2012) find that ESG reporting enhances firm value by decreasing information asymmetries between managers and investors regarding the environmental, social, and governance concerns. This further reduces the cost of equity attracting social investor.…”

The impact of corporate social responsibility on the reputation of universities within developing countries: Evidence from Jordan

“…The study also showed there to be significant impacts of the practices upon company reputation; see Fallaq and Hedo (2016). Another study undertaken in regard to Libyan companies that were operating within the insurance, service and industrial sectors demonstrated that high social responsibility disclosure levels can improve company reputation; seeBayoud et al (2010). Within the study undertaken by Hillenbrand and Money (2007) in relation to UK banking companies, it was shown that there is an intertwining relationship between stakeholders that have dealings with the organization in question, and the two concepts of corporate reputation and social responsibility.…”