- Title
- Corporate governance and corporate social responsibility (CSR): implication for developing economy firms
- Creator
- Mamun, Abdullah Al
- Relation
- University of Newcastle Research Higher Degree Thesis
- Resource Type
- thesis
- Date
- 2018
- Description
- Research Doctorate - Doctor of Philosophy (PhD)
- Description
- This thesis attempts to make original empirical contributions regarding the relationship between institutional settings, corporate governance and corporate social responsibility (CSR) from a multi-theory perspective. The thesis, in study one, first investigates the effects of institutional qualities on institutional level CSR adoption by examining for an association based on an empirical study of 85 developed and emerging economies. The research focuses on the following important institutional qualities rule of law, economic financial development, human capital formation and exposure to international trade. Hypotheses are developed separately for developed and emerging economies. The main findings of the Study One from an institutional level perspective are that rule of law, human capital formation and international trade exposure have a significant positive influence on institutional level CSR adoption among emerging economies. In contrast, the results show that the rule of law is not associated with institutional level CSR adoption across developed countries. This was expected as CSR adoption is viewed as a standard operational activity among businesses in developed countries, meaning enforcement by regulators is less necessary. Overall, the global level analysis shows that all four institutional qualities are positively associated with institutional level CSR adoption. Human capital formation appears to be the most significant as, despite the economic standing of the country, the level of its institutional human capital formation was important for overall development of CSR adoption. The research framework was then extended by Study Two to encompass a firm level analysis of how institutional qualities combined with board attributes, influence CSR adoption practices among Asian emerging economies. Among the six focal board attributes, the findings show that with the exception of board community engagement/involvement, all other attributes (political influence, business expertise, international experience, interlocking directorships and independence from management) were all positively associated with CSR adoption practices when in presence of the institutional qualities specified earlier. For a deeper understanding of the board attributes and CSR adoption relationship, additional analysis was performed which showed that board independence significantly moderated the relationship between board community engagement/involvement and CSR adoption (positively) and CSR adoption and board political influence, interlocking directorships (negatively). Overall, this thesis suggests that both institutional and firm-level factors are important to encourage CSR adoption. This is important particularly for corporate regulators and governments who need to recognise that CSR reform has to be developed as a two-pronged approach to improve CSR acceptance at both the institutional and firm level.
- Subject
- corporate governance; corporate social responsibility; emerging economies; institutional qualities
- Identifier
- http://hdl.handle.net/1959.13/1394346
- Identifier
- uon:33686
- Rights
- Copyright 2018 Abdullah Al Mamun
- Language
- eng
- Full Text
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| Thumbnail | File | Description | Size | Format | |||
|---|---|---|---|---|---|---|---|
| View Details Download | ATTACHMENT01 | Thesis | 2 MB | Adobe Acrobat PDF | View Details Download | ||
| View Details Download | ATTACHMENT02 | Abstract | 581 KB | Adobe Acrobat PDF | View Details Download |