Corporate social disclosures in the context of national cultures and stakeholder theory

Accounting, Auditing and Accountability Journal

Volumn 23, Issue 7, 2010, Pages 868-889

  Orij, René ^a  

^a LEIDEN UNIVERSITY   (Netherlands)

Author keywords

Accounting; Corporate social responsibility; Disclosure; National cultures; Stakeholder analysis

Indexed keywords

EID: 77957080414     PISSN: 09513574     EISSN: None     Source Type: Journal    
DOI: 10.1108/09513571011080162     Document Type: Article

References (50)

1. Agle, B.T., Donaldson, T., Freeman, R.E., Jensen, M.C., Mitchell, R.K. and Wood, D.J. (2008), "Dialogue: toward superior stakeholder theory" in Business Ethics Quarterly, Vol. 18, No. 2, pp. 153-90.
2. Ball, R., Kothari, S.P. and Robin, A. (2000), "The effect of international institutional factors on properties of accounting earnings" in Journal of Accounting and Economics, Vol. 29, Nos 1-2, pp. 1-51.
3. Bradley, M., Schipani, C.A., Sundaram, A.K. and Walsh, J.P. (1999), "The purposes and accountability of the corporation in contemporary society: corporate governance at a crossroads" in Law and Contemporary Problems, Vol. 62, No. 3, pp. 9-86.
4. Deegan, C. and Unerman, J. (2006), Financial Accounting Theory, European ed., McGraw-Hill Education, Maidenhead.
5. Donaldson, T. and Preston, L.E. (1995), "The stakeholder theory of the corporation: concepts, evidence, and implications" in Academy of Management Review, Vol. 20, No. 1, pp. 65-91.
6. Eesley, C. and Lenox, M.J. (2006), "Firm responses to secondary stakeholder action" in Strategic Management Journal, Vol. 27, No. 8, pp. 765-81.
7. Freeman, R.E. (1984), Strategic Management: A Stakeholder Approach, Pitman, Boston, MA.
8. Freeman, R.E. and McVea, J. (2002), "A stakeholder approach to strategic management", Darden Graduate School of Business Administration, University of Virginia, Charlottesville, VA, Working Paper No. 01-02.
9. Gannon, M.J. (2001), Understanding Global Cultures, 2nd ed., Sage Publications, Thousand Oaks, CA.
10. Geletkanycz, M.A. (1997), "The salience of 'culture's consequences': the effects of cultural values on top executive commitment to the status quo" in Strategic Management Journal, Vol. 18, No. 8, pp. 615-34.
11. Gray, R. (2001), "Thirty years of social accounting, reporting and auditing: what (if anything) have we learnt?" in Business Ethics: A European Review, Vol. 10, No. 1, pp. 9-15.
12. Gray, R., Owen, D. and Adams, C. (1996), Accounting and Accountability, Pearson Education, Harlow.
13. Gray, S.J. (1988), "Towards a theory of cultural influence on the development of accounting systems internationally" in Abacus, Vol. 24, No. 1, pp. 1-15.
14. Greenwood, M. (2008), "Stakeholder theory" in Thorpe, R. and Holt, R. (Eds.), Sage Dictionary of Qualitative Management Research, Sage Publications, London, pp. 209-11.
15. Guthrie, J. and Parker, L.D. (1990), "Corporate social disclosure practice: a comparative" in Advances in Public Interest Accounting, JAI Press, Greenwich, CT, pp. 159-75.
16. Hillman, A.J. and Keim, G.D. (2001), "Shareholder value, stakeholder management, and social issues: what's the bottom line?" in Strategic Management Journal, Vol. 22, No. 2, pp. 125-39.
17. Hofstede, G.H. (1983), "National cultures in four dimensions, a research-based theory of cultural differences among nations" in International Studies of Management and Organization, Vol. 13, Nos 1-2, pp. 46-74.
18. Hofstede, G.H. (1984), "Cultural dimensions in management and planning" in Asia Pacific Journal of Management, January, pp. 81-99.
19. Hofstede, G.H. (2001), Culture's Consequences, Sage Publications, London.
20. Hofstede, G.H. and Bond, M.H. (1988), "The Confucius connection: from cultural roots to economic growth" in Organizational Dynamics, Vol. 16, No. 4, pp. 5-21.
21. Hope, O.-K. (2003), "Firm-level disclosures and the relative roles of culture and legal origin" in Journal of International Financial Management and Accounting, Vol. 14, No. 3, pp. 218-48.
22. Hope, O.-K., Kang, T., Thomas, W. and Yoo, Y.K. (2008), "Culture and auditor choice: a test of the secrecy hypothesis" in Journal of Accounting and Public Policy, Vol. 27, No. 5, pp. 357-73.
23. Margolis, J.D. and Walsh, J.P. (2003), "Misery loves companies: rethinking social initiatives by business" in Administrative Science Quarterly, Vol. 48, No. 2, pp. 268-305.
24. Mathews, M.R. and Reynolds, M.A. (2001), "Cultural relativity and accounting for sustainability" in Accounting Forum, Vol. 25, No. 1, pp. 79-88.
25. Mitchell, R.K., Agle, B.R. and Wood, D.J. (1997), "Toward a theory of stakeholder identification and salience: defining the principle of who and what really counts" in Academy of Management Review, Vol. 22, No. 4, pp. 853-96.
26. MSCI Barra (2010), "Global investable market indices methodology", February, available at: www.mscibarra.com/eqb/methodology/meth_docs/MSCI_Feb10_GIMIMethod.pdf.
27. Ndubizu, G.A. and Olesegun Wallace, R.S. (2003), "Contracts valuation assessment noise and cross-border listing of equities on US and UK stock markets" in The International Journal of Accounting, Vol. 38, No. 4, pp. 397-420.
28. Orlitzky, M., Schmidt, F.L. and Rynes, S.L. (2003), "Corporate social and financial performance: a meta-analysis" in Organization Studies, Vol. 24, No. 3, pp. 403-41.
29. Patten, D.M. (1992), "Intra-industry environmental disclosures in response to the Alaskan oil spill: a note on legitimacy theory" in Accounting, Organizations and Society, Vol. 17, No. 5, pp. 471-5.
30. Philips, R., Freeman, R.E. and Wicks, A.C. (2003), "What stakeholder theory is not" in Business Ethics Quarterly, Vol. 13, No. 4, pp. 479-502.
31. Roberts, R.W. (1992), "Determinants of corporate social disclosure: an application of stakeholder theory" in Accounting, Organizations and Society, Vol. 17, No. 6, pp. 595-612.
32. Sharfman, M. (1996), "The construct validity of the Kinder, Lydenburg and Domini social performance rating data" in Journal of Business Ethics, Vol. 15, pp. 287-96.
33. Simnett, R., Vanstrealen, A. and Chua, W.F. (2009), "Assurance on sustainability reports: an international comparison" in The Accounting Review, Vol. 84, No. 3, pp. 937-67.
34. Trotman, K.T. and Bradley, G.W. (1981), "Associations between social responsibility disclosure and characteristics of companies" in Accounting, Organizations and Society, Vol. 6, No. 4, pp. 355-62.
35. Ullmann, A.A. (1985), "Data in search of a theory: a critical examination of the relationships among social disclosure, and economic performance of US firms" in Academy of Management Review, Vol. 10, No. 3, pp. 540-57.
36. Van der Laan Smith, J., Adikhari, A., Tondkar, R.H. (2005), "Exploring differences in social disclosures internationally: a stakeholder perspective" in Journal of Accounting and Public Policy, Vol. 24, No. 2, pp. 123-51.
37. Burritt, R., Schaltegger, S., Kokubu, K. and Wagner, M. (2003), "Environmental management accounting for staff appraisal. Evidence from Australia, Germany and Japan" in Bennett, M., Rikhardsson, P. and Schaltegger, S. (Eds.), Environmental Management Accounting: Cultural Aspects, Kluwer Academic Publishers, Dordrecht, pp. 151-88.
38. De Jong, E., Smeets, R. and Smits, J. (2006), "Culture and openness" in Social Indicators Research, Vol. 78, pp. 111-36.
39. Friedman, M. (1970), "The social responsibility of business is to increase its profits", The New York Times Magazine, September 13.
40. Gray, R., Kouhy, R. and Lavers, S. (1995), "Corporate social and environmental reporting: a review of the literature and a longitudinal study of UK disclosure" in Accounting, Auditing and Accountability Journal, Vol. 8, No. 2, pp. 47-77.
41. Gray, R., Javad, M., Porter, D.M. and Sinclair, C.D. (2001), "Social and environmental disclosure and corporate characteristics: a research note and extension" in Journal of Business Finance and Accounting, Vol. 28, Nos 3-4, pp. 327-56.
42. Gray, R., Dey, C., Owen, D., Evans, R. and Zadek, S. (1997), "Struggling with the praxis of social accounting" in Accounting, Auditing and Accountability Journal, Vol. 10, No. 3, pp. 325-64.
43. Hibbitt, C. (2004), "External environmental disclosure and reporting by large European companies", Tinbergen Instituut, Amsterdam, dissertation.
44. Hofstede, G.H. (1984), "National cultures revisited" in Asia Pacific Journal of Management, September, pp. 81-99.
45. Magness, V. (2006), "Strategic posture, financial performance and environmental disclosure" in Accounting, Auditing and Accountability Journal, Vol. 19, No. 4, pp. 540-63.
46. Margolis, J.D. and Walsh, J.P. (2001), "Social enterprise series no. 19 - misery loves companies: whither social initiatives by business", Harvard Business School, Boston, MA, Working Paper No. 01-058.
47. Newson, M. and Deegan, C. (2002), "Global expectations and their association with corporate social disclosure practises in Australia, Singapore and South Korea" in The Journal of International Accounting, Vol. 37, No. 2, pp. 183-213.
48. Orlitzky, M. and Benjamin, J.D. (2001), "Corporate social performance and firm risk: a meta-analytic review" in Business & Society, Vol. 40, No. 4, pp. 369-96.
49. Preston, L.E. (1975), "Corporation and society: the search for a paradigm" in Journal of Economic Literature, Vol. 13, No. 2, pp. 434-53.
50. Preston, L.E. and Post, J.E. (1975), Private Management and Public Policy: The Principle of Public Responsibility, Prentice-Hall, Englewood Cliffs, NJ.