Culture dimensions and corporate social responsibility disclosure

Abstract EN

This paper investigates the impact of culture dimensions on corporate social responsibility ( CRS)disclosure using international evidence.

We aim to enhance our perception for the degree of corporate social responsibility reporting in various nations by concentrating broadly on the effect of national culture variables and by using the level of financial freedom and the degree of international financial reporting standards implementation as controllable variables.

Depending on reported information for 30 nations and by using the Global Leadership and Organisational Behaviour Effectiveness (GLOBE) paper model, which take into account nine cultural variables, the results showed that human orientation, assertiveness and performance orientation significantly affect corporate social responsibility reporting.

Also, a country's financial freedom has a significant impact as a controllable variable.

This paper provides insight into the corporate social responsibility literature by verifying that cultural variable effects the level of reporting in general and corporate social responsibility reporting specifically and by combing two new variables to the model: financial freedom and the level of international financial reporting standards implementation.