450
Views
16
CrossRef citations to date
0
Altmetric
Articles

Governance and Type of Industry as Determinants of Corporate Social Responsibility Disclosures in Latin America

&
Pages 1-35 | Received 03 Oct 2018, Accepted 08 Oct 2019, Published online: 12 Dec 2019

References

  • Adams, C. A., Hill, W. Y., & Roberts, C. B. (1995). Environmental, employee and ethical reporting in Europe. (ACCA Research Report N° 41). London: Chartered Association of Certified Accountants.
  • Adams, C., Hill, W. A., & Roberts, C. B. (1998). Corporate social reporting practices in Western Europe: Legitimating corporate behaviour? The British Accounting Review, 30(1), 1–21. doi:10.1006/bare.1997.0060
  • Adelopo, I., Cea Moure, R., & Obalola, M. (2013). On the effects of legal and cultural institutions on corporate social disclosures by banks (Occasional Paper N 87). Leicester Business School. Retrieved from https://www.semanticscholar.org/paper/On-the-Effects-of-Legal-and-Cultural-Institutions-Adelopo/2e68172ba619f6aa1673722d37ea0793093b213a
  • AECA. (2011). Información integrada: El cuadro integrado de indicadores (CII-FESG) y su taxonomía XBRL. Retrieved from https://www.aeca.es/old/pub/documentos/rs8_nt10_pc28.htm
  • Aerts, W., Cormier, D., & Magnan, M. (2006). Intra-industry imitation in corporate environmental reporting: An international perspective. Journal of Accounting and Public Policy, 25(3), 299–331. doi:10.1016/j.jaccpubpol.2006.03.004
  • Ali, W., Frynas, J. G., & Mahmood, Z. (2017). Determinants of corporate social responsibility (CSR) disclosure in developed and developing countries: A literature review. Corporate Social Responsibility and Environmental Management, 24(4), 273. doi:10.1002/csr.1410
  • Alonso-Almeida, M., Marimon, F., & Llach, J. (2015). Difusión de las memorias de sostenibilidad en Latinoamérica: Análisis territorial y sectorial. Estudios Gerenciales, 31(135), 139–149. doi:10.1016/j.estger.2015.01.002
  • Al-Bassam, W. M., Ntim, C. G., Opong, K. K., & Downs, Y. (2018). Corporate boards and ownership structure as antecedents of corporate governance disclosure in Saudi Arabian publicly listed corporations. Business & Society, 57(2), 335–377. doi:10.1177/0007650315610611
  • Amran, A., & Haniffa, R. (2011). Evidence in development of sustainability reporting: A case of a developing country. Business Strategy and the Environment, 20(3), 141–156. doi:10.1002/bse.672
  • Aranguren, N. (2008). Divulgación de información sobre responsabilidad social: Un análisis corporativo entre empresas cotizadas de Alemania, España y Reino Unido (Tesis doctoral). Universidad de Deusto, San Sebastian. http://edtb.euskomedia.org/5030/
  • Aranguren, N. (2016). Divulgación de información social y medioambiental: Un análisis de los patrones de comportamiento de empresas europeas cotizadas desde la teoría neoinstitucional. Spanish Journal of Finance and Accounting/Revista Española de Financiación y Contabilidad, 45 (2), 199–230. doi:10.1080/02102412.2016.1140393
  • Aranguren, N., & Ochoa, E. (2008). Divulgación de información sobre empleados y medio ambiente: Un análisis comparativo entre España y Alemania. Revista de Contabilidad, 11(2), 123–142. Retrieved from http://oai.redalyc.org/articulo.oa?id=359733632005
  • Araya, M. (2006). Exploring terra incognita: Non-financial reporting in Corporate Latin America. The Journal of Corporate Citizenship, 21, 25–38. Retrieved from www.jstor.org/stable/jcorpciti.21.25.
  • Archel, P. (2003). La divulgación de información social y medioambiental de la gran empresa española en el período 1994-1998: Situación actual y perspectivas, Revista Española de Financiación y Contabilidad, XXXII 117, 571–601. doi:10.1080/02102412.2003.10779496
  • Ariza Buenaventura, E. D. (2009). Una aproximación a la problemática de la ética contable en la globalización. Contaduría Universidad de Antioquia, 54, 29–54. Retrieved from http://aprendeenlinea.udea.edu.co/revistas/index.php/cont/article/view/7962
  • Bardin, L. (1996). Análisis de contenido. Madrid: Akal Ediciones.
  • Bayoud, N. S., Kavanagh, M., & Slaughter, G. (2012). Factor influencing levels of corporate social responsibility disclosure by Libyan firms: A mixed study. International Journal of Economics and Finance, 4(4), 13–29. doi:10.5539/ijef.v4n4p13
  • Beliveau, B., Cottrill, M., & O’Neill, H. M. (1994). Predicting corporate social responsiveness. Journal of Business Ethics, 13(9), 731–738. doi:10.1007/BF00881333
  • Belal, A. R., Cooper, S. M., & Roberts, R. W. (2013). Vulnerable and exploitable: The need for organizational accountability and transparency in emerging and less developed economies. Accounting Forum, 37 (2), 81–91. doi:10.1016/j.accfor.2013.04.001
  • Belal, A., & Roberts, R. (2010). Stakeholders’ perceptions of corporate social reporting in Bangladesh. Journal of Business Ethics, 97(2), 311–324. doi:10.1007/s10551-010-0511-4
  • Cahan, S., Villiers, C., Jeter, D., Naiker, V., & Van Staden, C. (2016). Are CSR disclosures value relevant? Cross-country evidence. European Accounting Review, 25(3), 579–611. doi:10.1080/09638180.2015.1064009
  • Campbell, J. L. (2007). Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review, 32 (3), 946–967. doi:10.5465/amr.2007.25275684
  • Castelo, M., & Lima, L. (2006). Communication of corporate social responsibility by Portuguese banks: A legitimacy theory perspective. Corporate Communications: An International Journal, 11(3), 232–248. doi:10.1108/13563280610680821
  • Correa, M. E., Flynn, S., & Amit, A. (2004). Responsabilidad social en América Latina: Una visión empresarial (Series Medio Ambiente y Desarrollo, 85) Santiago de Chile. CEPAL. Retrieved from https://repositorio.cepal.org/handle/11362/5621
  • CEPAL. (2008). La inversión extranjera en América Latina y el Caribe. Retrieved from https://www.cepal.org/es/publicaciones/1135-la-inversion-extranjera-america-latina-caribe-2007
  • CIDSE. (2009). Impactos de la industria extractiva en América Latina: Análisis y pistas de acción. Retrieved from http://site.adital.com.br/site/noticia.php?lang=ES&cod=36910
  • Clavel, J., Ortiz, E., & Martínez, I. (2003). Factors, which influence disclosure about human resources: An international comparison based on disclosure issued in from 20-F and Annual Reports. In H. Yanai, K. Okada, K. Shigemasu, Y. Kano, & Y. J. Meulman (Eds.), New developments in psychometrics. Tokyo: Springer-Verlag.
  • Coluccia, D., Fontana, S., & Solimene, S. (2018). Does institutional context affect CSR disclosure? A study on Eurostoxx 50. Sustainability, 10(8), 2823. doi:10.3390/su10082823
  • Cormier, D., Magnan, M., & Van Velthoven, B. (2005). Environmental disclosure quality in large German companies: Economic incentives, public pressures or institutional conditions?. European Accounting Review, 14(1), 3–39. doi:10.1080/0963818042000339617
  • Criado, I., Fernández, M., Husillos, F. J., & Larrinaga, C. (2008). Compliance with mandatory environmental reporting in financial statements: The case of Spain (2001–2003). Journal of Business Ethics, 79, 245–262. doi:10.1007/s10551-007-9375-7
  • Deegan, C., & Gordon, B. (1996). A study of the environmental disclosure practices of Australian corporations. Accounting and Business Research, 26(3), 187–199. doi:10.1080/00014788.1996.9729510
  • Deegan, C., Rankin, M., & Tobin, J. (2002). An examination of the corporate social and environmental disclosures of BHP from 1983–1997: A test of legitimacy theory. Accounting, Auditing & Accountability Journal, 15(3), 312–343. doi:10.1108/09513570210435861
  • Fortanier, F., Kolk, A., & Pinkse, J. (2011). Harmonization in CSR reporting: MNEs and global CSR standards. Management International Review, 51(5), 665–696. doi:10.1007/s11575-011-0089-9
  • Gallego-Álvarez, I. (2008). Analysis of social information as a measure of the ethical behaviour of Spanish firms. Management Decision, 46(4), 580–599. doi:10.1108/00251740810865076
  • Gallén, M. L., & Peraita de Grado, C. (2016). Información de responsabilidad social corporativa y teoría institucional. Intangible Capital, 12(4), 942–977. doi:10.3926/ic.732
  • Gamerschlag, R., Möller, K., & Verbeeten, F. (2011). Determinants of voluntary CSR disclosure: Empirical evidence from Germany. Review of Managerial Science, 5(2–3), 233–262. doi:10.1007/s11846-010-0052-3
  • García Sánchez, I. M., Prado Lorenzo, J. M., & Frías Aceituno, J. V. (2013). Información social corporativa y sistema legal. Revista Europea de Dirección y Economía de la Empresa, 22(4), 186–202. doi:10.1016/j.redee.2012.11.003
  • Garza, A. M. (2008). Memorias de sostenibilidad en las empresas latinoamericanas. Revista Internacional Legis de Contabilidad y Auditoría, 33, 143–193. Retrieved from http://legal.legis.com.co/document/Index?obra=rcontador&document=rcontador_7680752a7dde404ce0430a010151404c
  • Gómez-Villegas, M., & Quintanilla, D. O. (2012). Los informes de responsabilidad social empresarial: Su evolución y tendencias en el contexto internacional y colombiano. Cuadernos de Contabilidad, 13 (32), 121–158. Retrieved from http://www.scielo.org.co/scielo.php?script=sci_arttext&pid=S0123-14722012000100006&lng=en&tlng=en
  • Gray, R., Javad, M., Power, D., & Sinclair, C. D. (2001). Social and environmental disclosure and corporate characteristics: A research note and extension. Journal of Business Finance & Accounting, 28(3&4), 327–356. doi:10.1111/1468-5957.00376
  • Guthrie, J., & Matthews, M. (1985). Corporate social accounting in Australasia. In L. E. Preston (Ed.), Research in corporate social performance and policy (pp. 251–277). Greenwich, CT: JAI Press.
  • Hackston, D., & Milne, M. J. (1996). Some determinants of social and environmental disclosures in New Zealand companies. Accounting, Auditing & Accountability Journal, 9(1), 77–108. doi:10.1108/09513579610109987
  • Hayes, A., & Krippendorff, K. (2007). Answering the call for standard reliability measure for coding data. Communication Methods and Measures, 1(1), 77–89. doi:10.1080/19312450709336664
  • Husillos, J. (2007). Una aproximación desde la teoría de la legitimidad a la información medioambiental revelada por las empresas españolas cotizadas. Revista Española de Financiación y Contabilidad, 37, 99–122. doi:10.1080/02102412.2007.10779616
  • Ioannou, I., & Serafeim, G. (2012). What drives corporate social performance? The role of nation-level institutions. Journal of International Business Studies, 43(9), 834–864. Retrieved from https://ssrn.com/abstract=1661925 doi:10.1057/jibs.2012.26
  • Jackson, G., & Apostolakou, A. (2010). Corporate Social Reporting in Western Europe: An institutional mirror or substitute? Journal of Business Ethics, 94(3), 371–394. doi:10.1007/s10551-009-0269-8
  • Jo, H., Song, M. H., & Tsang, A. (2016). Corporate social responsibility and stakeholder governance around the world. Global Finance Journal, 29, 42–69. doi:10.1016/j.gfj.2015.04.003
  • Jones, M. J., & Shoemaker, P. A. (1994). Accounting narratives: A review of empirical studies of content and readability. Journal of Accounting Literature, 13, 142–184. Retrieved from https://search.proquest.com/openview/e6a9b341cb35264bfa683df5eb62f131/1?pq-origsite=gscholar&cbl=31366
  • Kaufmann, D., Kraay, A., & Mastruzzi, M. (2011). The worldwide governance indicators: Methodology and analytical issues. Hague Journal on the Rule of Law, 3(02), 220–246. doi:10.1017/S1876404511200046
  • KPMG. (2005). Currents of change: The KPMG international survey of corporate responsibility reporting 2005. Retrieved from https://home.kpmg.com/content/dam/kpmg/pdf/2015/12/KPMG-survey-of-CR-reporting-2015.pdf
  • KPMG. (2008). Currents of change: The KPMG international survey of corporate responsibility reporting 2008. Retrieved from http://s3.amazonaws.com/zanran_storage/www.kpmg.bg/ContentPages/45691987.pdf
  • KPMG. (2011). KPMG international survey of corporate responsibility reporting 2011. Retrieved from https://assets.kpmg/content/dam/kpmg/pdf/2012/02/Corporate-responsiblity-reporting-2012-eng.pdf
  • KPMG. (2013). The KPMG international survey of corporate responsibility reporting 2013. Retrieved from https://assets.kpmg.com/content/dam/kpmg/pdf/2015/08/kpmg-survey-of-corporate-responsibility-reporting-2013.pdf
  • KPMG. (2017). The road ahead: The KPMG international survey of corporate responsibility reporting 2017. Retrieved from https://home.kpmg/xx/en/home/insights/2017/10/the-kpmg-survey-of-corporate-responsibility-reporting-2017.html
  • Krippendorff, K. (1980). Content analysis: An introduction to its methodology. Sage: London.
  • Knudsen, J. S. (2011). Company delistings from the UN Global Compact: Limited business demand or domestic governance failure?. Journal of Business Ethics, 103(3), 331–349. doi:10.1007/s10551-011-0875-0
  • Lindgreen, A., & Córdoba, J. R. (2010). Editorial: Corporate social responsibility in Latin America. Journal of Business Ethics, 91(S2), 167–170. doi:10.1007/s10551-010-0611-1
  • Meek, G. K., Roberts, C. B., & Gray, S. J. (1995). Factors influencing voluntary annual report disclosures by US, UK and continental European multinational corporations. Journal of International Business Studies, 26(3), 555–572. doi:10.1057/palgrave.jibs.8490186
  • Meiskens, M., & Paul, K. (2010). The evolution of corporate social reporting practices in Mexico. Journal of Business Ethics, 91, 211–227. doi:10.1007/s10551-010-0615-x
  • Méndez, M. T. (2005). Ética y responsabilidad social corporativa. ICE Información Comercial Española, 283, 141–150.
  • Miazzo, C., Bilbao, A., & Bernardi, A. (2008). La rendición de cuentas de sostenibilidad de las empresas radicadas en América del Sur. Revista de Gestao Social Ambiental, 2(3), 59–77. doi:10.5773/rgsa.v2i3.100
  • Milne, M. J., & Adler, R. W. (1999). Exploring the reliability of social and environmental disclosures content analysis. Accounting, Auditing & Accountability Journal, 12(2), 237–252. doi:10.1108/09513579910270138
  • Murguía, D. I., & Böhling, K. (2013). Sustainability reporting on large-scale mining conflicts: The case of Bajo de la Alumbrera, Argentina. Journal of Cleaner Production, 41(1), 202–209. doi:10.1016/j.jclepro.2012.10.012
  • Ntim, C., & Soobaroyen, T. (2013). Corporate governance and performance in socially responsible corporations: New empirical insights from a neo-institutional framework. Corporate Governance: An International Review, 21(5), 468–494. doi:10.1111/corg.12026
  • Ocampo, J. A. (2009). Impactos de la crisis financiera mundial sobre América Latina. Revista CEPAL, 97, 1–24. Retrieved from https://www.cepal.org/es/publicaciones/11269-impactos-la-crisis-financiera-mundial-america-latina
  • Ochoa, E. (1998). Calidad de la información contable de las empresas guipuzcoanas: Estudio sobre el grado de cumplimiento de la legislación mercantil relativa a la presentación de estados financieros (Tesis doctoral). Universidad de Deusto, San Sebastian, España. Retrieved from http://edtb.euskomedia.org/757/
  • OECD. (2019). Latin American Economic Outlook 2019: Development in transition. Paris: OECD.
  • Ortas, E., & Moneva, J. (2011). Origins and development of sustainability reporting: Analysis of the Latin American context. Revista Globalización, Competitividad y Gobernabilidad, 5(2), 16–37. doi:10.3232/GCG.2011.V5.N2.01
  • Paul, K., Cobas, E., Ceron, R., Frithiof, M., Maass, A., Navarro, I., … Zalka, L. (2006). Corporate social reporting in Mexico. Journal of Corporate Citizenship, 22, 67–80. doi:10.9774/GLEAF.4700.2006.su.00009
  • Perez-Batres, L. A., Miller, V. V., & Pisani, J. M. (2011). Institutionalizing sustainability: An empirical study of corporate registration and commitment to the United Nations global compact guidelines. Journal of Cleaner Production, 19(8), 843–851. doi:10.1016/j.jclepro.2010.06.003
  • Porter, M. E., & Schwab, K. (2008). The global competitiveness report 2008–2009. World Economic Forum. Retrieved from http://www3.weforum.org/docs/WEF_GlobalCompetitivenessReport_2008-09.pdf
  • Prado-Lorenzo, J. M., García-Sánchez, I. M., & Gallego-Álvarez, I. (2009). Características del consejo de administración e información en materia de responsabilidad social corporativa. Spanish Journal of Finance and Accounting / Revista Española de Financiación y Contabilidad, 38(141), 107–135. doi:10.1080/02102412.2009.10779664
  • Rhodes, R. (1996). The new governance: Governing without government. Political Studies, 44(4), 652–677. doi:10.1111/j.1467-9248.1996.tb01747.x
  • Saleh, M. (2009). Corporate social responsibility disclosure in an emerging market: A longitudinal analysis approach. International Business Research, 2(1), 131–141. doi:10.5539/ibr.v2n1p131
  • Simnett, R., Vanstraelen, A., & Chua, W. F. (2009). Assurance on sustainability reports: An international comparison. The Accounting Review, 84(3), 937–967. doi:10.2308/accr.2009.84.3.937
  • Stoker, G. (1998). Governance as theory: Five propositions. International Social Science Journal, 50(155), 17–28. ç doi:10.1111/1468-2451.00106
  • Sud, M., & VanSandt, C. V. (2011). Of fair markets and distributive justice. Journal of Business Ethics, 99(S1), 131–142. doi:10.1007/s10551-012-1230-9
  • The Worldwide Governance Indicators (WGI). (2019). Retrieved from https://data.worldbank.org/data-catalog/worldwide-governance-indicators
  • Unerman, J., & Bennett, M. (2004). Increased stakeholder dialogue and the Internet: Towards greater corporate accountability or reinforcing capitalist hegemony?. Accounting Organizations and Society, 29(7), 685–707. doi:10.1016/j.aos.2003.10.009
  • Villiers, C., & Marques, A. (2016). Corporate social responsibility, country-level predispositions and the consequences of choosing a level of disclosure. Accounting and Business Research, 46(2), 167–195. doi:10.1080/00014788.2015.1039476
  • Visser, W. (2008). Corporate social responsibility in developing countries. In A. Crane, D. Matten, A. McWilliams, J. Moon, & D. S. Siegel (Eds.), The Oxford handbook of corporate social responsibility (pp. 473–479). Oxford: Oxford University Press.
  • Wimmer, R. D., & Dominick, J. R. (1991). Mass media research: An introduction. Belmont, CA: Wadsworth.
  • World Bank. (2006). Doing Business 2007: How to reform. Retrieved from https://www.doingbusiness.org/en/reports/global-reports/doing-business-2007

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.