Does good integrated reporting improve corporate social responsibility?

Conference Presentation


Conway, E. 2017. Does good integrated reporting improve corporate social responsibility?
AuthorsConway, E.
TypeConference Presentation
Abstract

Purpose – This paper assesses whether firms which produce exemplary integrated reporting () demonstrate higher levels of Corporate Social Responsibility (CSR), or indeed whether firms with higher rated CSR produce more exemplary . Theoretically, one might expect firms which are attuned to the wider expectations of corporate responsibility might be better able to report on their activities to their stakeholders. Equally, those firms who demonstrate clarity of purpose in their might be expected to have higher CSR scores. Design/methodology/approach – Studying 119 firms worldwide recognised for their excellent , the number of accolades awarded was estimated against their CSR ratings over six years from 2010-2015. The reverse relationship was also explored, together with regressions using the determinants of the CSR score; environmental, social and governance. Findings – There appears to be no correlation between companies producing exemplary and their CSR ratings; nor indeed the reverse. However, there was some evidence that firms producing exemplary have higher governance scores and in turn, higher governance scores appear linked to more exemplary . There were no findings for the other two determinants of CSR (environmental and social). Research implications/ limitations – This paper is the first to consider whether there is a link between exemplary and highly rated CSR. Given the relative low numbers of firms using the results may lack generalisability. However, the results suggest that high levels of CSR may not be a prerequisite for excellent , nor does producing exemplary result in a higher CSR score.

Purpose – This paper assesses whether firms which produce exemplary integrated reporting (<IR>) demonstrate higher levels of Corporate Social Responsibility (CSR), or indeed whether firms with higher rated CSR produce more exemplary <IR>. Theoretically, one might expect firms which are attuned to the wider expectations of corporate responsibility might be better able to report on their activities to their stakeholders. Equally, those firms who demonstrate clarity of purpose in their <IR> might be expected to have higher CSR scores.
Design/methodology/approach – Studying 119 firms worldwide recognised for their excellent <IR>, the number of accolades awarded was estimated against their CSR ratings over six years from 2010-2015. The reverse relationship was also explored, together with regressions using the determinants of the CSR score; environmental, social and governance.
Findings – There appears to be no correlation between companies producing exemplary <IR> and their CSR ratings; nor indeed the reverse. However, there was some evidence that firms producing exemplary <IR> have higher governance scores and in turn, higher governance scores appear linked to more exemplary <IR>. There were no findings for the other two determinants of CSR (environmental and social).
Research implications/ limitations – This paper is the first to consider whether there is a link between exemplary <IR> and highly rated CSR. Given the relative low numbers of firms using <IR> the results may lack generalisability. However, the results suggest that high levels of CSR may not be a prerequisite for excellent <IR>, nor does producing exemplary <IR> result in a higher CSR score.

KeywordsIntegrated reporting; Corporate social responsibility; Governance
Year2017
Web address (URL)http://hdl.handle.net/10545/621833
hdl:10545/621833
File
File Access Level
Open
Publication datesSep 2017
Publication process dates
Deposited06 Sep 2017, 08:20
ContributorsUniversity of Derby
Permalink -

https://repository.derby.ac.uk/item/941x7/does-good-integrated-reporting-improve-corporate-social-responsibility

Download files


File
license.txt
File access level: Open

  • 36
    total views
  • 0
    total downloads
  • 0
    views this month
  • 0
    downloads this month

Export as

Related outputs

Integrated reporting
Conway, E., Robertson, Fiona and Ugiagbe-Green, Iwi 2021. Integrated reporting. in: Palgrave.
Construction And factorial validation of a short version of the Academic Motivation Scale
Kotera, Y., Conway, E. and Green, Pauline 2021. Construction And factorial validation of a short version of the Academic Motivation Scale. British Journal of Guidance & Counselling. https://doi.org/10.1080/03069885.2021.1903387
Ethical judgement and intent in business school students: the role of the psyche?
Conway, E. and Kotera, Y. 2020. Ethical judgement and intent in business school students: the role of the psyche? International Journal of Ethics Education. https://doi.org/10.1007/s40889-020-00094-z
Did removing prudence from the Conceptual Framework impact accounting conservatism?
Conway, E. 2020. Did removing prudence from the Conceptual Framework impact accounting conservatism? International Journal of Banking Accounting and Finance. https://doi.org/10.1504/IJBAAF.2020.110309
To agree or disagree? An analysis of CSR ratings firms
Conway, E. 2019. To agree or disagree? An analysis of CSR ratings firms. Social and Environmental Accountability Journal. https://doi.org/10.1080/0969160X.2019.1613248
Quantitative impacts of mandatory integrated reporting
Conway, E. 2019. Quantitative impacts of mandatory integrated reporting. Journal of Financial Reporting and Accounting. https://doi.org/10.1108/JFRA-08-2018-0066
Technology challenges in accounting and finance.
Crookes, Elizabeth and Conway, E. 2018. Technology challenges in accounting and finance. in: Palgrave Macmillan.
Should we expect exemplary integrated reporting to increase organisational ESG ratings?
Conway, E. 2018. Should we expect exemplary integrated reporting to increase organisational ESG ratings? in: Springer.
Ethical judgement in UK business students: relationship with motivation, self-compassion and mental health.
Kotera, Y., Conway, E. and Van Gordon, William 2018. Ethical judgement in UK business students: relationship with motivation, self-compassion and mental health. International Journal of Mental Health and Addiction. https://doi.org/10.1007/s11469-018-0034-2
The future of accountancy – beyond the numbers.
Conway, E. 2018. The future of accountancy – beyond the numbers. in: Palgrave Macmillan.
Technology challenges in accounting and finance.
Crookes, Elizabeth and Conway, E. 2018. Technology challenges in accounting and finance. in: Springer.
Sustainability, the triple bottom line and corporate social responsibility.
Conway, E. 2018. Sustainability, the triple bottom line and corporate social responsibility. in: Palgrave Macmillan.
Mental health of UK university business students: Relationship with shame, motivation and self-compassion
Kotera, Y., Conway, E. and Van Gordon, William 2018. Mental health of UK university business students: Relationship with shame, motivation and self-compassion. Journal of Education for Business. https://doi.org/10.1080/08832323.2018.1496898
CSR, financial performance and risk: Does it add up for mid-caps?
Conway, E. 2017. CSR, financial performance and risk: Does it add up for mid-caps? British Academy of Management.
A study of adoption rates and financial effects of IFRS for SMEs
Conway, E. 2017. A study of adoption rates and financial effects of IFRS for SMEs.
Corporate social responsibility in French listed companies – good for performance, poor for risk?
Conway, E. 2017. Corporate social responsibility in French listed companies – good for performance, poor for risk? Centre for Social and Environmental Accounting Research.
Measuring carbon: An organisational management perspective.
Conway, E. 2017. Measuring carbon: An organisational management perspective. in: Palgrave Macmillan.
Engaging small and medium-sized enterprises (SMEs) in the low carbon agenda
Conway, E. 2015. Engaging small and medium-sized enterprises (SMEs) in the low carbon agenda. Energy, Sustainability and Society. https://doi.org/10.1186/s13705-015-0060-x
Assessing sustainability support to small and medium sized enterprises (SMEs)
Conway, E. 2014. Assessing sustainability support to small and medium sized enterprises (SMEs). International Journal of Performability Engineering.
Does corporate social responsibility pay?
Conway, E. 2014. Does corporate social responsibility pay? Critical Perspectives on Business Management.
Is UK Financial Reporting Becoming Less Prudent?
Conway, E. 2014. Is UK Financial Reporting Becoming Less Prudent? European Journal of Economics and Management.