FACTORS AFFECTING CORPORATE SOCIAL RESPONSIBILITY DISCLOSURE IN EGYPT

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Khaled Hussainey, Mohamed Elsayed, Marwa Abdel Razik

DOI:10.22495/cocv8i4c4art5

Abstract

The study makes a significant contribution to the corporate social responsibility (CSR) disclosure literature by offering the first study of its type undertaken in Egypt as an example of a developing country that examines the determinants of individual and aggregated types of CSR information. Using a sample of 111 Egyptian listed companies for the period of 2005–2010, we find that 66% of the Egyptian listed companies disclose on average 10–50 CSR statements. In addition, we find that product/customer information is used extensively by Egyptian listed companies compared with other types of CSR information. Finally we find that profitability is the main determinant for the aggregated and most of individual CSR information in Egypt.

Keywords: Corporate Social Responsibility, Egyptian Listed Companies, Content Analysis and Annual Report Narratives

How to cite this paper: Hussainey, K., Elsayed, M., & Razik, M. A. (2011). Factors affecting corporate social responsibility disclosure in Egypt. Corporate Ownership & Control, 8(4-4), 432-443. http://dx.doi.org/10.22495/cocv8i4c4art5