Board diversity and corporate social responsibility disclosure of multinational corporations

Analysing the nexus between board diversity, CEO power, state holding, and corporate social responsibility disclosure in an emerging country: Vietnam, where some listed firms are held significantly by the State, is the fundamental objective of this study. In order to achieve this goal, we employed regression analysis using panel data. While board diversity consists of board gender diversification and board independence and CEO (executive) power, consisting of executive duality, executive holding (ownership), and deputy CEO, and state ownership are explanatory variables, and CSR disclosure is a dependent variable. The sample contains of 166 Vietnamese listed firms at the Hanoi Stock Exchange (HNX) for 2014−2016. After performing regression analysis, the result revealed that the proportion of female directors, deputy CEO, and state holding had a significant correlation with CSR publication. In contrast, the proportion of independent directors, CEO duality, and CEO ownership was found to be insignificant. Our research adds to the research on firm governance and CSR in several approaches. First, the paper adds to the study on the advancement of research toward corporate social responsibility and firm governance and CEO features impress on it. Second, our research expands CSR literature in developing countries, which has not been treated in detail. Fourth, this research advances and adds literature to some theories, including agency theory and resource-based view theory.

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THE EFFECT OF INTERNAL AND EXTERNAL MECHANISM ON CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE

AFEBI Accounting Review ◽

10.47312/aar.v3i02.195 ◽

2019 ◽

Vol 3 (02) ◽

pp. 113

Author(s):

Astrid Rudyanto

Keyword(s):

Corporate Social Responsibility ◽

Content Analysis ◽

Social Responsibility ◽

Firm Size ◽

Stock Exchange ◽

Manufacturing Companies ◽

Board Diversity ◽

Corporate Social Responsibility Disclosure ◽

Internal Mechanism ◽

Corporate Social

Corporate social responsibility disclosure should be controlled by internal and external mechanism to make sure that company is doing its business morally. Board of commissioners are responsible for supervising company from internal. This study uses board (of commissioner) diversity as internal mechanism. Board diversity is measured by board size, women on board , and board tenure. Public visibility acts as external mechanism to watch corporate social responsibility disclosure. Public visibility is measured by firm size, profitability, and listing age. Corporate social responsibility disclosure is measured using content analysis made by Sembiring (2005). This study aims to examine the effect of board diversity and public visibility on corporate social responsibility disclosure. Using 177 manufacturing companies listed in Indonesia Stock Exchange in the period of 2013-2015, the result shows substitution association of internal and external mechanism on corporate social responsibility disclosure. This shows that one of those mechanisms is enough to increase corporate social responsibility disclosure and regulator shall consider external mechanism for making regulation on internal mechanism. Keywords: board diversity, corporate social responsibility disclosure, external mechanism, internal mechanism, public visibility

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Peranan Kepemimpinan Perempuan dalam Memoderasi Pengaruh Corporate Social Responsibility Disclosure dan Scoring Good Corporate Governance Terhadap Nilai Perusahaan

IJEEM - Indonesian Journal of Environmental Education and Management ◽

10.21009/ijeem.051.06 ◽

2020 ◽

Vol 5 (1) ◽

pp. 70-99

Author(s):

Ferdiya Devika ◽

Indah Yuliana

Keyword(s):

Corporate Governance ◽

Regression Analysis ◽

Corporate Social Responsibility ◽

Social Responsibility ◽

Board Diversity ◽

Purposive Sampling ◽

Corporate Social Responsibility Disclosure ◽

Good Corporate Governance ◽

Corporate Social

Penelitian ini bertujuan untuk menyelidiki peranan kepemimpinan perempuan dalam dewan direksi apakah berperan memoderasi memperkuat ataukah memperlemah pengaruh Corporate Social Responsibility disclosure dan Scoring Good Corporate Governance Terhadap Nilai Perusahaan. Penelitian kami memberikan wawasan baru kedalam pengaruh Corporate Social Responsibility disclosure dan Scoring Good Corporate Governance Terhadap Nilai Perusahaan. Kepemimpinan perempuan dalam dewan direksi merupakan wujud dari board diversity perusahaan. Keberagaman anggota dewan merupakan salah satu tanda perusahaan memiliki tata kelola yang baik karena mencerminkan tidak adanya deskriminasi dalam perusahaan artinya siapapun dapat menjadi dewan direksi perusahaan sehingga dapat mendorong laki-laki dan perempuan untuk bersaing meningkatkan reputasi dan nilai perusahaan. Penelitian ini terdiri dari 18 sampel perusahaan sub sektor Bank dengan menggunakan teknik purposive sampling selama periode 2015-2018 sementara metode analisis yang kami gunakan adalah Moderate Regression Analysis. Hasil Penelitian kami menunjukkan bahwa secara parsial Corporate Social Responsibility disclosure tidak memiliki pengaruh terhadap nilai perusahaan sedangkan Scoring Good Corporate Governance memiliki pengaruh negatif signifikan terhadap Nilai Perusahaan. Selain itu kepemimpinan perempuan dalam dewan direksi berperan sebagai pure moderasi yang dapat memperkuat pengaruh Corporate Social Responsibility disclosure terhadap nilai perusahaan serta memperkuat pengaruh Scoring Good Corporate Governance terhadap Nilai Perusahaan. Temuan kami memiliki implikasi penting bagi perusahaan, pembuat kebijakan dan regulator dalam mempertimbangkan pengangkatan dewan direksi perempuan dalam perusahaan

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