The Effect of Corporate Governance on Corporate Social Responsibility Disclosure: Evidence from South-East Asia Countries

• Main Authors: Gideon, 王及祥
• Other Authors: Shu-Hsing Wu
• Format: Others
• Language: en_US
• Published: 2019
• Online Access: http://ndltd.ncl.edu.tw/handle/ncf22t

碩士 === 長榮大學 === 管理學院經營管理碩士班 === 107 === This study examines the effect of corporate governance on the level of CSR disclosure in common law countries (Singapore and Malaysia) and civil law countries (Indonesia, Thailand and Philippine). Using the top 50 companies from 5 South-East countries, this study doesn’t find a positive association between the proportion of independent director in CSR committee and the level of CSR disclosure in 5 countries of South-East Asia. This study finds the proportion of independent director on board significantly impact the level of CSR disclosure in Thailand but not at the others such as Indonesia, Malaysia, Singapore and Philippine which suggesting that independent director on board impact the level of CSR disclosure in Thailand instead of Indonesia, Malaysia, Singapore and Philippine. Furthermore, this study finds that the proportion of gender diversity on board significant impact the level of CSR disclosure in Malaysia but not at the other countries. The study also finds the higher proportion of foreign ownership significantly impact the level of CSRD in Thailand. The study finds there is a negative association of the higher proportion of institutional ownership and the level of CSR disclosure in Malaysia Singapore (common law countries). Furthermore, this study finds state ownership has a significantly impact the level of CSR disclosure in Malaysia, Thailand and Philippine. This study finds that Thailand has the highest CSR disclosure score in the South East Asia countries (Indonesia, Malaysia Singapore, Thailand and Philippine). Furthermore, the common law countries, such as Singapore and Malaysia have a higher CSR disclosure score compared to civil law countries, such as Indonesia, Thailand and Philippines. This study finds out that Thailand has the highest CSR disclosure score in the South East Asia countries (Indonesia, Malaysia Singapore, Thailand and Philippine).. Furthermore, the common law countries, such as Singapore and Malaysia have a higher CSR disclosure score compared to civil law countries, such as Indonesia, Thailand and Philippines. Keywords : corporate governance, corporate social responsibility disclosure, common and civil law,