الكلية: كلية الأعمال
الجهة البحثية: جامعة مؤتة
عنوان البحث المنشور:
The role of ownership structure, board, and audit committee in corporate social responsibility disclosure: Jordanian evidence
سنة النشر: 2023
ملخص البحث المنشور:
This study investigates the extent of corporate social responsibility disclosure (CSRD) in Jordan and examines how ownership structure, board of directors, and audit committee characteristics influence CSRD. A CSRD index was developed to measure disclosure levels among industrial firms listed on the Amman Stock Exchange for the period 2016–2021. Panel regression analysis was applied to assess the impact of these governance factors on CSRD. The findings reveal that different shareholder groups have varying effects on CSR engagement, while board characteristics—such as board size, independence, and gender diversity—significantly enhance voluntary disclosure, including CSR-related information. However, no evidence was found to suggest that audit committee characteristics influence CSRD. The study offers practical recommendations for corporate regulators and policymakers to enhance CSRD practices. These include broadening disclosure requirements, developing a structured CSRD index for comparative purposes, incentivizing CSR engagement through tax breaks and government support, and promoting female representation on boards. Additionally, firms are encouraged to restructure their boards by increasing board size and the proportion of independent directors to improve governance effectiveness in supporting CSRD. This paper contributes to the literature by providing novel insights into CSRD practices within a developing market context, offering valuable implications for researchers, practitioners, and policymakers.
رابط البحث المنشور:
https://www.emerald.com/insight/content/doi/10.1108/jiabr-03-2023-0102/full/html