Impact of Directors' Network on Corporate Social Responsibility Disclosure: Evidence from China

Li, Wenqin, Zhang, John Ziyang and Ding, Rong (2023) Impact of Directors' Network on Corporate Social Responsibility Disclosure: Evidence from China. JOURNAL OF BUSINESS ETHICS, 183 (2). pp. 551-583.

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Abstract

Using listed firms in China over the period 2010–2018, we investigate the association between directors’ network and quality of corporate social responsibility (CSR) disclosure from the lens of resource-based view. We find a significantly positive effect of directors’ network centrality on the CSR disclosure quality, and the effect is more pronounced when the firm (1) invests less in advertising; (2) is followed by less analysts; (3) is less financially constrained; and (4) has no assurance of sustainability report. Furthermore, we document that independent directors’ network centrality is positively associated with CSR disclosure quality. Our findings have important implication for practitioners, policy makers, and regulators.

Item Type:	Article
Uncontrolled Keywords:	Directors' network, CSR disclosure quality, Corporate governance
Divisions:	Faculty of Humanities and Social Sciences > School of Management
Depositing User:	Symplectic Admin
Date Deposited:	11 Mar 2022 08:11
Last Modified:	28 Mar 2023 01:30
DOI:	10.1007/s10551-022-05092-3
Related URLs:	Author Publisher
URI:	https://livrepository.liverpool.ac.uk/id/eprint/3150546