Guidance on corporate responsibility indicators in annual reports

2008 ◽  
pp. 101-127
Author(s):  
Keyword(s):  
Corporate Responsibility ◽  
Annual Reports

scholarly journals Integrating National Social Missions and Infrastructure Development in the Indian Context: A New Direction for CSR Expenditure

2019 ◽  
Vol 8 (11S) ◽  
pp. 302-309
Keyword(s):  
Community Development ◽  
Corporate Responsibility ◽  
Annual Reports ◽  
Women Empowerment ◽  
Infrastructure Development ◽  
Business Organizations ◽  
Sustained Activity ◽  
Indian Context ◽  
Net Profit

Shift in the philosophy of corporate responsibility being voluntary to mandatory has enforced the business organizations to spend 2% of their average net profit on various community development activities. Across the sectors it can be observed that there has been more emphasis on some select areas such as education and environment. The not so focused and scattered initiatives have resulted in the underutilization of the budgeted CSR across businesses belonging to various sectors. The concept of CSR being seen as a mandate has resulted in the money being spent but not resulting in the outcome which can be seen as sustained activity. Authors in this paper investigated 120 top market cap companies for their CSR expenditure between FY 2014-2015 to FY 2017-2018. CSR funds utilization of these companies was analyzed with respect to 8 designated areas such as education, health and sanitation, environment, women empowerment etc. as per the CSR Act 2013. Data collection for the study is based on the authentic sources such as publicly available annual reports of the companies and Bloomberg. The study discusses the role of these companies with regard to nontargeted CSR budget spending and it’s relationship with national Missions/ Policies/ Agenda. With a focused approach and strategy which involves all the stakeholder’s involvement, the study proposes a theoretical model for utilization of the CSR funds such as infrastructure building for national missions such as SWACH Bharat, Ayushman Bharat , Smart City Initiatives etc.

scholarly journals Do corporate Web sites in Africa communicate investor information according to best practice guidelines?

2007 ◽  
Vol 9 (3) ◽  
Author(s):  
G. Nel ◽  
R. Baard
Keyword(s):  
Corporate Governance ◽  
South African ◽  
Web Sites ◽  
Corporate Responsibility ◽  
Best Practice ◽  
Annual Reports ◽  
Best Practice Guidelines ◽  
On Line ◽  
Corporate Web Sites

Corporate Web sites have become very popular media of information over the past decade. The Investor Relations Society published best practice Web site guidelines in December 2006 to guide companies seeking to improve the quality of their on-line communication with investors via their corporate Web sites. Guidelines were given for presentation (the way in which information is communicated) and content (the information that is communicated). This study focused only on content. A 20-point checklist was developed from the prescribed best practice. The checklist focused on the six categories of best practice that entail company information, annual reports of the current year and archive, relevant news, shareholder information, bondholder information, corporate governance and corporate responsibility. Seventy-eight companies in Africa (40 from South Africa and 38 from the 'rest of Africa', that is Egypt, Kenya, Morocco, Nigeria and Tunisia) were evaluated against this checklist. Companies from the 'rest of Africa' rated lower than South African companies in all categories on the checklist. Although South African companies received ratings above 90% for all categories, besides bondholder information, many of these companies do not supply shareholder, corporate governance and corporate responsibility information via dedicated sections on their corporate Web sites. The results for companies from the 'rest of Africa' were disappointing, especially with regard to communication of annual reports, shareholder information, bondholder information and corporate responsibility. Although possible reasons for these disappointing results are discussed in this study, further research should be conducted to determine the reason(s) why important elements of information are not communicated via corporate Web sites.

scholarly journals ANALISIS PENGUNGKAPAN MODAL MANUSIA (HUMAN CAPITAL DISCLOSURE): STUDI PADA PERUSAHAAN PUBLIK DI INDONESIA

INFO ARTHA ◽  
2020 ◽  
Vol 4 (1) ◽  
pp. 29-46
Author(s):  
Eri Wahyudi
Keyword(s):  
Human Capital ◽  
Content Analysis ◽  
Information Disclosure ◽  
Corporate Responsibility ◽  
Annual Reports ◽  
Analysis Method ◽  
Public Companies ◽  
Company Strategy ◽  
Content Analysis Method ◽  
Management Commitment

The purposes of this study are to explore the practice of disclosure of human capital in listed companies in Indonesia and investigate the determinant factors and the benefits obtained by stakeholders from the disclosure of human capital information. This research was conducted using the content analysis method of the 40 Indonesian public companies' annual reports, followed by interviews with two companies with the highest disclosures based on the results of content analysis. The result showed that human capital disclosures are still diverse, with mandatory information as the most disclosed information. The study found that: business focus; company strategy; organizational change; and current issues, influenced the human capital information disclosure. Some of the benefits include: closing information gaps about the company's challenges and achievements; showing manifestation of corporate responsibility; help companies to get the best human resources; improve company image; and presenting management commitment to the policies that have been implemented. Tujuan dari penelitian ini adalah untuk mengeksplorasi praktik pengungkapan informasi modal manusia pada perusahaan-perusahaan Indonesia dan menyelidiki faktor penentu dan manfaat yang diperoleh pemangku kepentingan dari pengungkapan informasi modal manusia. Penelitian dilakukan dengan menggunakan metode analisis konten 40 laporan tahunan perusahaan publik di Indonesia, diikuti wawancara dengan dua perusahaan dengan pengungkapan tertinggi berdasarkan hasil analisis konten. Hasil penelitian menunjukkan pengungkapan modal manusia masih beragam, dengan informasi wajib sebagai informasi yang paling banyak diungkapkan. Studi ini juga menemukan bahwa: fokus bisnis; strategi perusahaan; perubahan organisasi; dan isu terkini, memengaruhi pengungkapan informasi modal manusia. Beberapa manfaat pengungkapan antara lain: menutup kesenjangan informasi tentang tantangan dan capaian perusahaan; menunjukkan bentuk tanggung jawab perusahaan; membantu perusahaan mendapatkan sumber daya manusia terbaik; meningkatkan citra perusahaan; dan menunjukkan komitmen manajemen atas kebijakan yang telah diterapkan

The influence of institutional environment on corporate responsibility disclosures in Ghana

2017 ◽  
Vol 25 (2) ◽  
pp. 216-240 ◽  
Author(s):  
Edem Emerald Welbeck
Keyword(s):  
Significant Relationship ◽  
Corporate Responsibility ◽  
Institutional Environment ◽  
Annual Reports ◽  
Foreign Firms ◽  
Global Reporting Initiative ◽  
Content Type ◽  
Listed Firms ◽  
Ifrs Adoption ◽  
Environmental Disclosures

Purpose The study aims to analyse the level and trend of corporate responsibility disclosures (CRD) in annual reports of listed firms on the Ghana Stock Exchange against the Global Reporting Index and to examine the influence of the institutional environment on such disclosures. Design/methodology/approach A content analysis of annual reports of 17 listed firms in Ghana over a 10-year period (2003-2012) of social and environmental disclosures using the Global reporting indicators as the standard was undertaken. A multiple regression analysis using the random effect estimator was used to test institutional factors influencing CRD. Findings The study finds that listed firms in Ghana disclose some responsibility information; and this has increased over the period, with a significant dip in the year 2010. The study also documents a significant amount of disclosures post International Financial Reporting Standards (IFRS) adoption. The increase in disclosure is particularly explained by IFRS adoption by Ghana and the number of women on boards. This study finds a positive but weak relationship between companies’ association with foreign firms, majority shareholders and CRD. A positive significant relationship is confirmed for firm size, while capital intensity shows a negative significant relationship with CRD in Ghana. Research limitations/implications The word search may not capture similar words not known to the author, and the words used may have different meanings. In addition, bias may arise from the limited sample size and the choice of companies. Regulators must enforce existing environmental guidelines and streamline reporting for social and environmental issues to help managers disclose more social and environmental information. Originality/value The study highlights CRD and its drivers from Ghana, an emerging African economy. To the author’s knowledge, this study is the first to undertake a longitudinal study on social and environmental disclosures of listed companies in Ghana against the Global Reporting Initiative and to determine the effect of IFRS adoption in Ghana on CRD.

scholarly journals Tactics and practices of the alcohol industry in Latin America: What can policy makers do?

2013 ◽  
Vol 2 (2) ◽  
pp. 75-81 ◽  
Author(s):  
Ce Zhang ◽  
Maristela Monteiro
Keyword(s):  
Latin America ◽  
Policy Development ◽  
Corporate Responsibility ◽  
Conflicts Of Interest ◽  
Alcohol Policy ◽  
Annual Reports ◽  
Policy Makers ◽  
Alcohol Industry ◽  
Alcohol Marketing ◽  
Research Studies

Zhang, C. & Monteiro, M. (2013). Tactics and practices of the alcohol industry in Latin America: What can policy makers do? International Journal of Alcohol and Drug Research, 2(2), 75-81-6. doi: 10.7895/ijadr.v2i2.95 (http://dx.doi.org/10.7895/ijadr.v2i2.95)Aim: This paper describes the practices and tactics of the alcohol industry in Latin America, focusing on industry globalization and consolidation, implementation of research studies, marketing, and corporate responsibility initiatives, and discusses how these areas of influence may have an impact on alcohol policy development in this region.Design: The information provided here is drawn from an international literature review, news websites, and informal communications with officials in Ministries of Health and researchers from Latin America, and from annual reports and websites sponsored or maintained by major alcohol companies operating in Latin America.Setting: Latin America and Caribbean RegionFindings: Industry globalization and consolidation, implementation of research studies, marketing, and corporate responsibility initiatives are major activities of the alcohol industry in Latin America that can influence alcohol policy making.Conclusions: We conclude that implementing effective alcohol control policies is likely to fail if the influence and actions of the alcohol industry cannot be managed by policy makers in countries of this region. There is a need to increase knowledge of the alcohol industry’s role and actions and of its conflicts of interest with public health, and to build capacity across various sectors of government to implement effective policies, using clear rules for engagement. Research on alcohol marketing, corporate social responsibility practices and the industry’s influence on policy making should be a priority in emerging markets in general, but particularly in Latin America and the Caribbean.

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