Factors Influencing Levels of CSR Disclosure by Forestry Companies in China

Lü, Feifei; Kozak, Robert; Toppinen, Anne; D'amato, Dalia; Wen, Zongguo

doi:10.3390/su9101800

Cited by 20 publications

(16 citation statements)

References 48 publications

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“…Studies using data from developing countries have also drawn similar conclusions. Lu et al (2017) [31] selected Chinese forestry listed firms as their sample. The results indicated that the sizes and the degrees of ownership concentration of firms had significant positive effects on the disclosure of CSR.…”

Section: Literature Review and Hypothesesmentioning

confidence: 99%

Regional Anti-Corruption and CSR Disclosure in a Transition Economy: The Contingent Effects of Ownership and Political Connection

Qiao

Chen

et al. 2019

Sustainability

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Based on the empirical data of China’s Shanghai and Shenzhen A-share market, this paper examined the impact of regional anti-corruption intensity on corporate social responsibility (CSR) disclosure. The results indicate that (1) regional anti-corruption intensity has a significant positive effect on firms’ CSR disclosure; (2) through the grouping test based on the ownership of firms, it was found that the positive effect of anti-corruption intensity on CSR disclosure in the sample of non-state-owned enterprises was more significant and positive than that of state-owned enterprises (SOEs); and (3) through the grouping test of whether or not the enterprises had political connections, the positive effect of regional anti-corruption intensity on CSR disclosure was stronger and more significant in firms with political connections (relative to those with no or weak political connections). This paper sheds light on the research into anti-corruption policies by linking government macro policy and enterprises’ micro social economic behaviors, and it provides empirical evidence for this linkage. This paper also contributes to organizational legitimacy theory and CSR theory by probing the impact of anti-corruption policies on firms’ CSR disclosure. At the same time, the effects of two contingency factors (ownership and political connection) also provide some practical implications to the relevant government departments by: (1) speeding up the market-oriented reform of state-owned enterprises including clarifying the boundaries of authority and responsibility between SOEs and the government, and conducting the de-administration of managers of SOEs; and (2) encouraging firms to focus on market competition and be more socially responsible, instead of speculating with political rents.

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Section: Literature Review and Hypothesesmentioning

confidence: 99%

Regional Anti-Corruption and CSR Disclosure in a Transition Economy: The Contingent Effects of Ownership and Political Connection

Qiao

Chen

et al. 2019

Sustainability

View full text Add to dashboard Cite

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“…Moreover, we included several control variables related to company characteristics, such as size [88,97], profitability [35,77,98], regulation [31], internationalization [32,33], and industry sensitivity [99] based on the previous literature.…”

Section: Control Variablesmentioning

confidence: 99%

Which Corporate Governance Mechanisms Drive CSR Disclosure Practices in Emerging Countries?

2018

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Although several studies have analyzed the role that specific corporate governance mechanisms have on Corporate Social Responsibility (CSR) reporting practices, their findings have not been conclusive and the evidence from developing countries is scarce. The theoretical support for this relationship in the previous literature is found in Stakeholder, Agency, Legitimacy, and Good Management theories. Undoubtedly, as the institutional environment has an important impact on CSR reporting practices, it would be relevant for this field of research to analyze this relationship in companies from emerging countries. It is suggested for the sake of convenience to consider different levels of corporate governance mechanisms together due to the high interdependence among them. Consequently, the aim of this paper is to analyze whether different levels of corporate governance mechanisms (at the institutional, group, and firm level) are determinant factors of the CSR reporting practices in BRICS countries (Brazil, Russia, India, China, and South Africa). The final sample was composed of 281 companies. On the basis of our results, we conclude that institutional corporate governance mechanisms influence the company’s CSR reporting strategy and that both CSR disclosure practices analyzed are affected by group-level corporate governance mechanisms in companies from family-based societies. Our findings support the appropriateness of separately analyzing this issue in emerging countries.

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“…Literature suggests that more visible firms, in terms of size or media exposure, attract attention from a broader community and that they react to visibility pressure through a greater commitment to social and environmental disclosure [43,[63][64][65][66][67]. An increase in a firm's size also fosters the capability to absorb signal costs in terms of CSR disclosure extent.…”

Section: Hypothesismentioning

confidence: 99%

Earnings Management and CSR Disclosure. Family vs. Non-Family Firms

2017

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Building on Institutional theory and Signaling theory, integrated with the socioemotional wealth (SEW) approach, we studied the effect of earnings management (EM) practices on a firm's Corporate Social Responsibility (CSR) disclosure behavior. In so doing, we analyzed a sample of 226 non-financial, family and non-family listed firms for the period, 2006-2015. Our results suggest that family firms, in instances of downward earnings management, are more prone to diverting attention from these practices by means of CSR disclosure, compared to non-family firms, although the level of family ownership exerts a moderating effect. Moreover, we found that a firm's visibility, in terms of size, significantly enhances this behavior and that the effect is higher for family firms.

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Factors Influencing Levels of CSR Disclosure by Forestry Companies in China

Cited by 20 publications

References 48 publications

Regional Anti-Corruption and CSR Disclosure in a Transition Economy: The Contingent Effects of Ownership and Political Connection

Regional Anti-Corruption and CSR Disclosure in a Transition Economy: The Contingent Effects of Ownership and Political Connection

Which Corporate Governance Mechanisms Drive CSR Disclosure Practices in Emerging Countries?

Earnings Management and CSR Disclosure. Family vs. Non-Family Firms

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