The role of corporate governance and reputation in the disclosure of corporate social responsibility and firm performance

Abstract

This aim of this research is to examine the role of Corporate Governance and Corporate Reputation (CR) in the disclosure of Corporate Social Responsibility (CSRD) and firm performance. A moderating – mediation model addresses this research objective based on 3588 observations from 833 firms from 31 countries between 2005 and 2011. Significant effect of CSRD on CR was observed, especially contributing to firm performance. The results verified a moderate effect of “corporate governance” on “CSRD” and CR. The study also demonstrated how CEO integrity, ownership concentration, and CR contribute to fostering CSRD and firm performance. This paper also discusses about the theoretical contributions and practical implications of the study.

Keywords

• Corporate social responsibility disclosure
• Firm performance
• Corporate reputation
• Ownership concentration
• CEO integrity