Ownership structure and corporate social responsibility disclosure: some Malaysian evidence
Purpose – The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of CSR disclosure...
| Main Author: | |
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| Format: | Article |
| Language: | English |
| Published: |
Emerald Group Publishing
2007
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| Subjects: | |
| Online Access: | http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/1/Ownership_structure.pdf |
| _version_ | 1848775710523523072 |
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| author | Mohd Ghazali, Nazli Anum |
| author_facet | Mohd Ghazali, Nazli Anum |
| author_sort | Mohd Ghazali, Nazli Anum |
| building | IIUM Repository |
| collection | Online Access |
| description | Purpose – The purpose of this article is to examine the influence of ownership structure on corporate
social responsibility (CSR) disclosure in Malaysian company annual reports (CARs).
Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of
CSR disclosure in annual reports and a multiple regression analysis to examine the association between
ownership structure and the extent of CSR disclosure in annual reports.
Findings – The paper finds that, even among the larger and actively traded stocks in Malaysia, there is
considerable variability in the amount of social activities disclosed in corporate annual reports. Results
from multiple regression analysis show that, consistent with expectations, companies in which the
directors hold a higher proportion of equity shares (owner-managed companies) disclosed significantly
less CSR information, while companies in which the government is a substantial shareholder disclosed
significantly more CSR information in their annual reports.
Research limitations/implications – The sample for this study comes from larger and actively traded
stocks on the Bursa Malaysia. Thus, the results may not be generalizable to smaller and less actively
traded stocks.
Practical implications – The findings appear to suggest that the level of CSR disclosure in annual
reports of companies depends on the extent of ‘‘public pressure’’ faced by each company. The results
also raise the question of whether corporate involvement in social activities should be made a mandatory
disclosure in annual reports to better assess the extent of ‘‘corporate citizenship’’ of Malaysian
companies.
Originality/value – The study finds that ownership structure, which had been ignored in prior studies on factors influencing CSR disclosure,has an impact on CSR disclosure. |
| first_indexed | 2025-11-14T14:18:31Z |
| format | Article |
| id | iium-444 |
| institution | International Islamic University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T14:18:31Z |
| publishDate | 2007 |
| publisher | Emerald Group Publishing |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | iium-4442013-07-06T03:45:16Z http://irep.iium.edu.my/444/ Ownership structure and corporate social responsibility disclosure: some Malaysian evidence Mohd Ghazali, Nazli Anum HF5387 Business ethics HF5601 Accounting. Bookkeeping Purpose – The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach – The study uses a CSR disclosure checklist to measure the extent of CSR disclosure in annual reports and a multiple regression analysis to examine the association between ownership structure and the extent of CSR disclosure in annual reports. Findings – The paper finds that, even among the larger and actively traded stocks in Malaysia, there is considerable variability in the amount of social activities disclosed in corporate annual reports. Results from multiple regression analysis show that, consistent with expectations, companies in which the directors hold a higher proportion of equity shares (owner-managed companies) disclosed significantly less CSR information, while companies in which the government is a substantial shareholder disclosed significantly more CSR information in their annual reports. Research limitations/implications – The sample for this study comes from larger and actively traded stocks on the Bursa Malaysia. Thus, the results may not be generalizable to smaller and less actively traded stocks. Practical implications – The findings appear to suggest that the level of CSR disclosure in annual reports of companies depends on the extent of ‘‘public pressure’’ faced by each company. The results also raise the question of whether corporate involvement in social activities should be made a mandatory disclosure in annual reports to better assess the extent of ‘‘corporate citizenship’’ of Malaysian companies. Originality/value – The study finds that ownership structure, which had been ignored in prior studies on factors influencing CSR disclosure,has an impact on CSR disclosure. Emerald Group Publishing 2007 Article PeerReviewed application/pdf en http://irep.iium.edu.my/444/1/Ownership_structure.pdf Mohd Ghazali, Nazli Anum (2007) Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. Corporate Governance, 7 (3). pp. 251-266. ISSN 1472-0701 http://dx.doi.org/10.1108/14720700710756535 doi:10.1108/14720700710756535 |
| spellingShingle | HF5387 Business ethics HF5601 Accounting. Bookkeeping Mohd Ghazali, Nazli Anum Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title | Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title_full | Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title_fullStr | Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title_full_unstemmed | Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title_short | Ownership structure and corporate social responsibility disclosure: some Malaysian evidence |
| title_sort | ownership structure and corporate social responsibility disclosure: some malaysian evidence |
| topic | HF5387 Business ethics HF5601 Accounting. Bookkeeping |
| url | http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/ http://irep.iium.edu.my/444/1/Ownership_structure.pdf |