Board meeting frequency and corporate social responsibility (CSR) reporting : evidence from Malaysia
Date
2017
Journal Title
Journal ISSN
Volume Title
Publisher
Virtus Interpress
Abstract
This study aims at determining the effectiveness of board meeting frequency on Corporate Social Responsibility (CSR) reporting by public listed companies on the Main Market of Bursa Malaysia. A CSR reporting index consisting of 51 items was developed based on six themes: General, Community, Environment, Human Resource, Marketplace and Other. A content analysis was used to determine the extent of CSR reporting. An Ordinary Least Square (OLS) regression was employed in determining the association between board meeting frequency and CSR reporting. The finding of the study is that advising tendency (frequency of board meetings) is not associated with CSR reporting. Overall this study strengthens the idea that advising tendency of the board is essential to companies in order to safeguard all stakeholders’ interests. Accordingly, regulators and policymakers should be more stringent in monitoring company’s conformance towards regulations. This study provides a new avenue of knowledge and contributes to the literature on the practices of the board of directors and corporate social responsibility reporting in the context of a semi-developed country.
Description
CITATION: Ju Ahmad, N. B., Rashid, A. & Gow, J. 2017. Board meeting frequency and corporate social responsibility (CSR) reporting : evidence from Malaysia. Corporate Board: role, duties and composition, 13(1);87-99, doi:10.22495/cbv13i1c1art3.
The original publication is available at https://www.virtusinterpress.org
The original publication is available at https://www.virtusinterpress.org
Keywords
Social responsibility of business, Social responsibility of business -- Accounting, Social responsibility of business -- Standards
Citation
Ju Ahmad, N. B., Rashid, A. & Gow, J. 2017. Board meeting frequency and corporate social responsibility (CSR) reporting : evidence from Malaysia. Corporate Board: role, duties and composition, 13(1);87-99, doi:10.22495/cbv13i1c1art3