학회소식
[2019년 제 2차] Government Ownership and Corporate Social Responsibility Information Disclosure: Evidence from Viet Nam
작성자 : 관리자
조회수 : 43
게시일 :
2019-06-04
In this paper, we examine the impact of government ownership on Corporate Social
Responsibility disclosure in case of Viet Nam in period 2010 – 2016. This paper uses a sample of 374
listed firms in Ho Chi Minh Stock Exchange (HOSE) and Ha Noi Stock Exchange (HNX) excluding the
financial sector. The findings highly support the institutional theory which implies that the ownership
concentration characteristic affects negatively the level of CSR disclosure. Since the special feature of
the Vietnamese economy, government ownership might be in line with the ownership concentration.
We find strong and robust evidence that government ownership has a negative impact on CSR
information disclosure. In addition, consistent with the previous research, size, profitability and firm’s
age are positively related to CSR disclosure, and leverage is negatively associated with CSR
disclosure.
