Trend and Development of Corporate Social Responsibility Disclosure in Chinese Listed Firms on the Shenzhen Stock Exchange

Author(s)

Felix Kwame Nyarko , Kong Yusheng , Ethel Dzidefo Asimah , Dominique Jean Jacques Beraud , Winfred Okoe Addy ,

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Volume 9 - February 2020 (02)

Abstract

The impulse of this study is to examine the Trend and Development of Corporate Social Responsibility (CSR) Disclosure reportage among Chinese Listed Firms in the Shenzhen Stock Exchange from 2008-2015. The CSR disclosure items include Shareholders Protection, Creditors and Staff Protection, Suppliers and Customers’ Protection, Environment Protection, as well as Public Relations and Safety. The study finds that diverse Chinese Industries have their priority for CSR Disclosure items. The data was collected from CSR Disclosure reports issued by all Chinese Listed Firms on the Shenzhen Stock Exchange from 2008-2015. The outcomes of the study show that, there is a momentous increase in CSR Disclosure reporting trends among Chinese Listed Firms. Each CSR disclosure item has a different trend over the period, and across industries. Some important CSR Disclosure items are identified as System Construction and Safety, which is mostly disregarded by firms

Keywords

CSR Disclosure; Environment; Shareholders Protection; System Construction; Safety

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