The role of independent directors at family firms in relation to corporate social responsibility disclosures

Cuadrado‐Ballesteros, Beatriz; Ariza, Lázaro Rodríguez; García‐Sánchez, Isabel‐María

doi:10.1016/j.ibusrev.2015.04.002

Cited by 154 publications

(153 citation statements)

References 82 publications

Supporting

Mentioning

120

Contrasting

Unclassified

Order By: Relevance

“…However, this effect is weaker in family than in non-family businesses, notably when the CEO is a family member. These findings suggest that, in family firms, even independent directors behave according to the owning family's will [45,54,55]. Consistent with these results, there is also evidence from the high-tech industry in Taiwan that board independence moderates a family business's propensity to resort to earnings management, but the effect is reversed in the presence of CEO duality [56].…”

Section: Literature Review and Hypotheses Developmentsupporting

confidence: 57%

“…It points out that family control increases sustainability reporting when the family exerts a direct influence on the business, by appointing a family CEO, or by having the founder on the board; family ownership stake, per se, without family involvement on the board, negatively affects sustainability disclosure extent. Consistent with this, Cuadrado-Ballesteros et al [45] found that a higher proportion of independent directors on the board lowered the transparency of CSR disclosure in family firms. There is also empirical evidence that social and environmental disclosure in family firms is more affected by media-exposure than in non-family businesses, as they are particularly concerned with the effect of visibility on reputation [22].…”

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 72%

See 1 more Smart Citation

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

2017

View full text Add to dashboard Cite

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.

show abstract

Section: Literature Review and Hypotheses Developmentsupporting

confidence: 57%

Section: Literature Review and Hypotheses Developmentmentioning

confidence: 72%

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

2017

View full text Add to dashboard Cite

show abstract

“…To the best of the researcher's knowledge, only Kang (2013) has investigated the link between corporate diversification and corporate social performance. However, Kang employed KLD as the indicators of corporate social performance instead of other indicators, such as GRI (Bouten et al 2011;Cuadrado-Ballesteros et al 2015). Moreover, this study has contributed in calculating the CSP measurement by using content analysis based on the GRI Indicator, which is different to other previous studies (i.e.…”

Section: Contribution Of Study Limitations and Future Researchmentioning

confidence: 93%

Diversification and corporate social performance in manufacturing companies

Patrisia

Dastgir

2016

Eurasian Bus Rev

View full text Add to dashboard Cite

The effects of diversification on financial performance are well-established, less so the way in which diversification influences company behaviour towards stakeholder demand and social concern. This paper investigates the relationship between business diversification and corporate social performance (CSP) in an industrial setting, in Indonesia. CSP is measured with an index constructed from content and disclosure analysis of annual company reports in line with global reporting initiative standards. A sample of 107 listed manufacturing companies from the Indonesian Stock Exchange is used to estimate a lagged multiple regression model to show that industry-level diversification does not have an effect on CSP. However, distinguishing between related and unrelated diversification produces a different outcome whereby, related diversification is negatively and statistically significantly correlated with CSP. Unrelated diversification, on the other hand, shows a positive and statistically significant relationship. It means the relationship between unrelated diversification and CSP is more positive than the relationship between related diversification and CSP. The findings offer a unique insight into industrial diversification and CSP in Indonesia's expanding manufacturing sector.

show abstract

“…Some researchers [36,37] found a positive connection between independent director and CSR disclosures. However, some researchers (e.g., [22,35] found a negative association between board independence and CSR disclosures.…”

Section: Board Independence and Sustainability Reportingmentioning

confidence: 99%

Does Corporate Governance Affect Sustainability Disclosure? A Mixed Methods Study

Mahmood

Kouser

Ali³

et al. 2018

Sustainability

181

154

View full text Add to dashboard Cite

This research paper aims to understand the impact of corporate governance (CG) on economic, social, and environmental sustainability disclosures. This paper adopted an explanatory sequential mixed methods approach. The data regarding corporate governance and sustainability disclosure were collected from top 100 companies listed on the Pakistan Stock Exchange (PSE) for the period ranging from 2012 to 2015. In addition to the quantitative data, we collected qualitative data through interviews with five board members of different companies. Overall, our results indicate that CG elements enhance sustainability disclosures. This study concludes that a large board size consisting of a female director and a CSR committee (CSRC) is better able to check and control management decisions regarding sustainability issues (be they economic, environment, or social) and resulted in better sustainability disclosure. This paper, through quantitative and qualitative analysis, provides a methodological and empirical contribution to the literature on corporate governance and sustainability reporting in emerging and developing countries.

show abstract

The role of independent directors at family firms in relation to corporate social responsibility disclosures

Cited by 154 publications

References 82 publications

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

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

Diversification and corporate social performance in manufacturing companies

Does Corporate Governance Affect Sustainability Disclosure? A Mixed Methods Study

Contact Info

Product

Resources

About