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http://dx.doi.org/10.13106/jafeb.2021.vol8.no4.0563

Extent of Corporate Social Responsibility Disclosure: Evidence from Bangladesh  

RAHMAN, Md. Mahfujur (School of Business, Ahsanullah University of Science and Technology)
MASUM, Mofijul Hoq (School of Business & Economics, United International University)
Publication Information
The Journal of Asian Finance, Economics and Business / v.8, no.4, 2021 , pp. 563-570 More about this Journal
Abstract
This study aims at exploring the corporate social responsibility (CSR) practices in the listed companies of Bangladesh. One hundred eighty-two different companies from fifteen different sectors have been selected as a sample. A weighted disclosure index having fifty-two items has been applied to ensure the degree of CSR practices of the sample companies. Each of the content has been assigned a three-scale value starting from zero to two. After that, eight dimensions of CSR are identified from CSR literature and have been evaluated by the predetermined disclosure index. Finally, a composite CSR disclosure (CSRD) score has been computed to measure the extent of CSR practices of the sample companies. The findings of the study reveal a poor CSRD score by the sample companies. Besides, it has been found that the listed companies provide more CSR activities on employee-related issues and community service-related issues while the listed companies provide less information on energy-related CSRD and customer-related CSRD in the context of Bangladesh. The findings of the study imply that the government and the regulatory authority should give more attention to develop a harmonized standards or policies to measure the degree of CSR practices for comparative purposes.
Keywords
Corporate Social Responsibility; Content Analysis; Bangladesh;
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