Title: Board compositions and social reporting: evidence from Malaysia

Authors: Ridzwana Mohd-Said; Lim Teck Shen; Hairul Suhaimi Nahar; Rosmila Senik

Addresses: Department of Accounting and Finance, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia ' Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia ' Department of Accounting, College of Economics and Political Science, Sultan Qaboos University, Muscat, Sultanate of Oman ' Department of Accounting and Finance, Universiti Putra Malaysia, 43400 Serdang, Selangor, Malaysia

Abstract: Corporate social responsibility (CSR) and corporate governance (CG) are principal elements of a firm's business strategy in ensuring corporate success and sustainability. The interface of CG and CSR is a subject of growing research agenda academically given the availability of diverse structures and variables in governance knowledge repertoire. In this research, we examine the effect of board characteristics (board size, size of independent non-executive directors and composition of female directors) on CSR practises in the Malaysian context. The results indicate that female directors are unique governance determinant of enhanced CSR disclosure, systematically adding credence to the gender-based argument of having more female board representation. This study adds to the mosaic of knowledge regarding the influence of selected CG attributes on CSR reporting. Applying the hierarchical multiple regression analysis to data sourced from selected Malaysian listed firms, the results are arguably informative for various strategic policy recommendations.

Keywords: board compositions; corporate social responsibility disclosure; Malaysia.

DOI: 10.1504/IJMFA.2018.091661

International Journal of Managerial and Financial Accounting, 2018 Vol.10 No.2, pp.128 - 143

Received: 10 Oct 2017
Accepted: 01 Feb 2018
Published online: 10 May 2018 *

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