Title: Determinants of CSR disclosure in Mexico

Authors: Claudia Arena; Yanira Petrides; Petros Vourvachis

Addresses: University of Naples Federico II, Corso Umberto I, 80138, Naples, Italy ' Departamento Académico de Contabilidad, Instituto Tecnológico Autónomo de México, México City, Mexico ' School of Business and Economics, Loughborough University, Loughborough, LE11 3TU, UK

Abstract: This paper investigates corporate social (and environmental) responsibility (CSR) disclosure practices in Mexico. By analysing a sample of Mexican companies in 2010, it utilises a detailed manual content analysis and identifies corporate-governance-related determinants of CSR disclosure. The study shows a general association between the governance variables and both the content and the semantic properties of CSR information published by Mexican companies. Although an increased international influence on CSR disclosure is noted, the study reveals the symbolic role of CSR committees and the negative influence of foreign ownership on community disclosure, suggesting that improvements in business engagement with stakeholders are needed for CSR to be instrumental in business conduct.

Keywords: corporate social responsibility; CSR; CSR disclosure; disclosure determinants; Mexico; corporate governance; legitimacy theory; stakeholder engagement; content analysis.

DOI: 10.1504/IJBAAF.2020.107943

International Journal of Banking, Accounting and Finance, 2020 Vol.11 No.3, pp.303 - 341

Accepted: 21 Sep 2018
Published online: 05 Apr 2020 *

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