The impact of introducing new regulations on the quality of CSR reporting: Evidence from the UK

Allbwn ymchwil: Cyfraniad at gyfnodolynErthygladolygiad gan gymheiriaid

Fersiynau electronig

Dogfennau

Dangosydd eitem ddigidol (DOI)

  • Ruba Hamed
    Alfaisal University
  • Basiem Al-Shattarat
    Prince Sultan University
  • Wasim Al-Shattarat
    Gulf University for Science and Technology (GUST), Kuwait
  • Khaled Hussainey
    University of Portsmouth
This study examines the adoption of mandatory corporate social responsibility (CSR) regulation in the United Kingdom (UK). Specifically, we investigate whether adopting new CSR regulations impacts the quality of firms’ CSR reporting and explore whether that quality depends on a firms’ characteristics. Our empirical results suggest that the UK’s mandatory CSR reporting regulation significantly enhances CSR reporting quality. We further find that firms’ characteristics, particularly corporate governance and firm size, improve mandatory CSR reporting quality. Our results are robust to the use of an alternative proxy of CSR quality assessment and testing for endogeneity. These findings suggest that committing to CSR can substantially benefit stakeholders, who will be better informed regarding the firms’ CSR performance through improved reporting quality. This factor can influence investors’ beliefs and market valuations, which may subsequently guide firms’ investment decisions.
Iaith wreiddiolSaesneg
Rhif yr erthygl100444
CyfnodolynJournal of International Accounting, Auditing and Taxation
Cyfrol46
Dyddiad ar-lein cynnar24 Rhag 2021
Dynodwyr Gwrthrych Digidol (DOIs)
StatwsCyhoeddwyd - 1 Maw 2022
Cyhoeddwyd yn allanolIe

Cyfanswm lawlrlwytho

Nid oes data ar gael
Gweld graff cysylltiadau