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Cited by 608Corporate Social Responsibility ReportingAuditing, Earnings Management, GovernanceCorporate Governance and Financial Management

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Ownership structure and corporate social responsibility disclosure: some Malaysian evidence

Mohd Ghazali, Nazli A.·2007·Corporate Governance: The international journal of business in society
DOI 10.1108/14720700710756535
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Abstract

Purpose The purpose of this article is to examine the influence of ownership structure on corporate social responsibility (CSR) disclosure in Malaysian company annual reports (CARs). Design/methodology/approach The study uses a CSR disclosure checklist to measure the extent of CSR disclosure in annual reports and a multiple regression analysis to examine the association between ownership structure and the extent of CSR disclosure in annual reports. Findings The paper finds that, even among the larger and actively traded stocks in Malaysia, there is considerable variability in the amount of social activities disclosed in corporate annual reports. Results from multiple regression analysis show that, consistent with expectations, companies in which the directors hold a higher proportion of equity shares (owner‐managed companies) disclosed significantly less CSR information, while companies in which the government is a substantial shareholder disclosed significantly more CSR information in their annual reports. Research limitations/implications The sample for this study comes from larger and actively traded stocks on the Bursa Malaysia. Thus, the results may not be generalizable to smaller and less actively traded stocks. Practical implications The findings appear to suggest that the level of CSR disclosure in annual reports of companies depends on the extent of “public pressure” faced by each company. The results also raise the question of whether corporate involvement in social…

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References 64 · Cited by 608

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Metadata

Authors
Mohd Ghazali, N. A.
Venue
Corporate Governance: The international journal of business in society
Publisher
Emerald
Published
2007-06-19
Volume
7
Issue
3
Pages
251-266
ISSN
1472-0701 (ISSN-L)
DOI
10.1108/14720700710756535
OpenAlex
W2093135958
Cited by
608
References
64
Citations by year
2026: 13 · 2025: 23 · 2024: 42 · 2023: 40 · 2022: 48 · 2021: 58 · 2020: 74 · 2019: 56 · 2018: 31 · 2017: 52 · 2016: 38 · 2015: 23 · 2014: 34 · 2013: 31 · 2012: 25
FWCI
12.27
Type
journal article
Language
en
Open access
closed
Licence
www.emerald.com/insight/site-policies (tdm)
Locations
Corporate Governance (publishedVersion)
Topics
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Social Responsibility Reporting
  • Social Sciences › Business, Management and Accounting › Accounting › Auditing, Earnings Management, Governance
  • Social Sciences › Business, Management and Accounting › Strategy and Management › Corporate Governance and Financial Management
Keywords
ownership structure, corporate social responsibility disclosure, state ownership, owner-managed firms, corporate citizenship, public pressure, disclosure requirements, Malaysian companies

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CoChat. (2026). Citation check: Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. https://app.cochat.ai/papers/10.1108/14720700710756535
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Mohd Ghazali, N. A. (2007). Ownership structure and corporate social responsibility disclosure: some Malaysian evidence. Corporate Governance: The international journal of business in society. https://doi.org/10.1108/14720700710756535