DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE
The aim of this article is to analyze whether the institutional environment has a direct effect on Corporate Social Responsibility (CSR) reporting practices or if this effect is explained by the influence of the institutional environment on Corporate Governance (CG) mechanisms. To conduct our study,...
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| Format: | Article |
| Language: | English |
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Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo
2016-11-01
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| Series: | RAE: Revista de Administração de Empresas |
| Subjects: | |
| Online Access: | http://rae.fgv.br/sites/rae.fgv.br/files/does_the_institutional_environment_affect_csr_disclosure_the_role_of_governance.pdf |
| _version_ | 1797721613279428608 |
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| author | María del Mar Miras Rodríguez Bernabé Escobar Pérez |
| author_facet | María del Mar Miras Rodríguez Bernabé Escobar Pérez |
| author_sort | María del Mar Miras Rodríguez |
| collection | DOAJ |
| description | The aim of this article is to analyze whether the institutional environment has a direct effect on Corporate Social Responsibility (CSR) reporting practices or if this effect is explained by the influence of the institutional environment on Corporate Governance (CG) mechanisms. To conduct our study, we focused on two countries that reflect different types of institutional environment: relation-based (Brazil) and rule-based (Spain). Based on our results, we can affirm that the institutional environment influences CG mechanisms (Board Size and Reference Shareholder) as well as companies’ CSR disclosure. Additionally, the CG mechanisms affected by the institutional environment also help to explain differences in CSR reporting practices. As relation-based societies evolve into rules-based environments, the information disclosed about CSR becomes more complex due to a strengthening of CG mechanisms. |
| first_indexed | 2024-03-12T09:36:40Z |
| format | Article |
| id | doaj.art-088af7fb70af4d488dc11ae59b2e2d39 |
| institution | Directory Open Access Journal |
| issn | 0034-7590 2178-938X |
| language | English |
| last_indexed | 2024-03-12T09:36:40Z |
| publishDate | 2016-11-01 |
| publisher | Fundação Getulio Vargas, Escola de Administração de Empresas de São Paulo |
| record_format | Article |
| series | RAE: Revista de Administração de Empresas |
| spelling | doaj.art-088af7fb70af4d488dc11ae59b2e2d392023-09-02T13:33:42ZengFundação Getulio Vargas, Escola de Administração de Empresas de São PauloRAE: Revista de Administração de Empresas0034-75902178-938X2016-11-01566641654DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCEMaría del Mar Miras Rodríguez0Bernabé Escobar Pérez1Professor at Universidad de Sevilla, Facultad de Ciencias Económicas y Empresariales – Sevilla, SpainProfessor at Universidad de Sevilla, Facultad de Ciencias Económicas y Empresariales – Sevilla, SpainThe aim of this article is to analyze whether the institutional environment has a direct effect on Corporate Social Responsibility (CSR) reporting practices or if this effect is explained by the influence of the institutional environment on Corporate Governance (CG) mechanisms. To conduct our study, we focused on two countries that reflect different types of institutional environment: relation-based (Brazil) and rule-based (Spain). Based on our results, we can affirm that the institutional environment influences CG mechanisms (Board Size and Reference Shareholder) as well as companies’ CSR disclosure. Additionally, the CG mechanisms affected by the institutional environment also help to explain differences in CSR reporting practices. As relation-based societies evolve into rules-based environments, the information disclosed about CSR becomes more complex due to a strengthening of CG mechanisms.http://rae.fgv.br/sites/rae.fgv.br/files/does_the_institutional_environment_affect_csr_disclosure_the_role_of_governance.pdfCorporate governancedisclosurecorporate social responsibilityinstitutional environmentownership structure |
| spellingShingle | María del Mar Miras Rodríguez Bernabé Escobar Pérez DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE RAE: Revista de Administração de Empresas Corporate governance disclosure corporate social responsibility institutional environment ownership structure |
| title | DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE |
| title_full | DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE |
| title_fullStr | DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE |
| title_full_unstemmed | DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE |
| title_short | DOES THE INSTITUTIONAL ENVIRONMENT AFFECT CSR DISCLOSURE? THE ROLE OF GOVERNANCE |
| title_sort | does the institutional environment affect csr disclosure the role of governance |
| topic | Corporate governance disclosure corporate social responsibility institutional environment ownership structure |
| url | http://rae.fgv.br/sites/rae.fgv.br/files/does_the_institutional_environment_affect_csr_disclosure_the_role_of_governance.pdf |
| work_keys_str_mv | AT mariadelmarmirasrodriguez doestheinstitutionalenvironmentaffectcsrdisclosuretheroleofgovernance AT bernabeescobarperez doestheinstitutionalenvironmentaffectcsrdisclosuretheroleofgovernance |