Professional Documents
Culture Documents
Roberts,
Determinants of corporate social responsibility disclosure: An application of
stakeholder theory,
Accounting, Organizations and Society,
Volume 17, Issue 6,
1992,
Pages 595-612,
ISSN 0361-3682,
https://doi.org/10.1016/0361-3682(92)90015-K.
(http://www.sciencedirect.com/science/article/pii/036136829290015K)
Abstract: A lack of sufficient theoretical support for models designed to explain
corporate social responsibility activity led Ullmann (Academy of Management Review,
1985, pp. 540–577) to develop a framework for predicting corporate social activity
based on a stakeholder theory of strategic management. This study empirically tests
the ability of stakeholder theory to explain one specific corporate social
responsibility activity — social responsibility disclosure. Results support this
application, finding that measures of stakeholder power, strategic posture, and
economic performance are significantly related to levels of corporate social
disclosure.