Determinants of corporate social responsibility disclosure of Vietnamese listed companies

Abstract

The study was carried out the factors to analyze the determinants of the transparency of corporate social responsibility (CSR) of listed companies on Vietnamese Stock Market. The data was collected from 323 non-financial listed companies on Ho Chi Minh and Hanoi Stock Exchange from 2013 to 2017. The findings indicated the factors including company size, comapy age, percentage of foreign ownership had positive influence on CSR transparency. However, the factors including CEO duality, state ownership rate, debt ratio and board size had negative influence on CSR transparency. In addition, the results indicated the different influence of each factor to each component aspect. Based on findings, some policy implications were proposed to improve the CSR transparency in the future.

Keywords

• minh bạch trách nhiệm xã hội
• sự kiêm chức của ceo
• hội đồng quản trị
• sở hữu nhà nước
• sở hữu nước ngoài