The Factors Influencing Corporate Social Responsibility Disclosure in the Kingdom of Saudi Arabia

Abstract

The aim of this study is to investigate the relationship between the corporate social responsibility disclosure ”CSRD” index and corporate factors, namely, board size, board independence, board meetings, CEO duality, a firm’s size, leverage, profitability and age. This is the first known study in case of Saudi Arabia to use the GRI 4th edition indicators to construct the CSRD index and evaluate Saudi listed firms. The data covers three years from 2012- 2014 and sample of 109 listed firms from 13 sectors in Kingdom Saudi Arabia “KSA”. The results show that profitability and size factor have positive and significant association with CSR disclosure in listed Saudi firms.

Keywords: Corporate Governance, Corporate Social Responsibility, Social Accounting, Sustainable Reports