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EXAMINING CSR DISCLOSURE IN VIETNAM: TOO LITTLE, TOO LATE! |
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| รหัสดีโอไอ | |
| Creator | Kelly Anh Vu |
| Title | EXAMINING CSR DISCLOSURE IN VIETNAM: TOO LITTLE, TOO LATE! |
| Contributor | Thanita Buranatrakul |
| Publisher | University of the Thai Chamber of Commerce |
| Publication Year | 2560 |
| Journal Title | UTCC International Journal of Business and Economics |
| Journal Vol. | 9 |
| Journal No. | 1 |
| Page no. | 65-79 |
| Keyword | Emerging market, CSR disclosure, Voluntary disclosure, State ownership |
| URL Website | http://ijbejournal.com/ |
| Website title | ijbejournal |
| ISSN | 1906-5582 (paper) |
| Abstract | This study explores the corporate social responsibility disclosure in an important but under research economy Vietnam. With accounting reports traditionally used for central planning purposes, disclosure to broader stakeholders is still alien concept. By collecting data from the annual reports of Vietnamese listed firms in 2013, this study analyses the potential impacts of corporate governance and key ownership identities (state ownership, managerial ownership and foreign ownership) on the level of corporate social responsibility reporting. The findings indicate the level of corporate social communication in Vietnam is still low (18.03%). All three ownership structure measures (state ownership, managerial ownership and foreign ownership) are statistically significantly negatively related to the extent of social reporting disclosure. Yet the proportion of independent directors on the board is not found to be an effective monitoring mechanisms to induce managers to disclose more social information. The results also suggest that Vietnamese regulators should focus on strengthening their regulatory framework for non-financial information disclosure to strengthen the transparency of the market. |
