Determinants of CSR disclosure in Mexico. (5th April 2020)

• Record Type: Journal Article
• Authors: Arena, Claudia; Petrides, Yanira; Vourvachis, Petros
• Is Part Of: International journal of banking, accounting and finance. Volume 11:Number 3(2020)
• Page Start: 303
• Page End: 341
• Publication Date: 2020-04-05
• Subjects: corporate social responsibility -- CSR -- CSR disclosure -- disclosure determinants -- Mexico -- corporate governance -- legitimacy theory -- stakeholder engagement -- content analysis; Banks and banking -- Periodicals; Accounting -- Periodicals; Finance -- Periodicals; 332
• Languages: English
• ISSNs: 1755-3830

Abstract

This paper investigates corporate social (and environmental) responsibility (CSR) disclosure practices in Mexico. By analysing a sample of Mexican companies in 2010, it utilises a detailed manual content analysis and identifies corporate-governance-related determinants of CSR disclosure. The study shows a general association between the governance variables and both the content and the semantic properties of CSR information published by Mexican companies. Although an increased international influence on CSR disclosure is noted, the study reveals the symbolic role of CSR committees and the negative influence of foreign ownership on community disclosure, suggesting that improvements in business engagement with stakeholders are needed for CSR to be instrumental in business conduct.