RT journal article
T1 Which Corporate Governance Mechanisms Drive CSR Disclosure Practices in Emerging Countries?
A1 Miras-Rodríguez, María del Mar
A1 Martínez Martínez, Domingo
A1 Escobar-Pérez, Bernabé
A2 Economía Financiera y Contabilidad
K1 CSR reporting practices
K1 Institutional Theory
K1 corporate governance
K1 BRICS
AB Although several studies have analyzed the role that specific corporate governancemechanisms have on Corporate Social Responsibility (CSR) reporting practices, their findings havenot been conclusive and the evidence from developing countries is scarce. The theoretical support forthis relationship in the previous literature is found in Stakeholder, Agency, Legitimacy, and GoodManagement theories. Undoubtedly, as the institutional environment has an important impact onCSR reporting practices, it would be relevant for this field of research to analyze this relationshipin companies from emerging countries. It is suggested for the sake of convenience to considerdifferent levels of corporate governance mechanisms together due to the high interdependenceamong them. Consequently, the aim of this paper is to analyze whether different levels of corporategovernance mechanisms (at the institutional, group, and firm level) are determinant factors of theCSR reporting practices in BRICS countries (Brazil, Russia, India, China, and South Africa). The finalsample was composed of 281 companies. On the basis of our results, we conclude that institutionalcorporate governance mechanisms influence the company’s CSR reporting strategy and that bothCSR disclosure practices analyzed are affected by group-level corporate governance mechanismsin companies from family-based societies. Our findings support the appropriateness of separatelyanalyzing this issue in emerging countries.
PB MDPI
SN 2071-1050
YR 2019
FD 2019-01
LK http://hdl.handle.net/10498/21362
UL http://hdl.handle.net/10498/21362
LA eng
DS Repositorio Institucional de la Universidad de Cádiz
RD 11-nov-2026