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Studies from COMSATS Institute of Information Technology Yield New Information about Quality Control Science [Corporate governance and corporate...

September 12, 2014



Studies from COMSATS Institute of Information Technology Yield New Information about Quality Control Science [Corporate governance and corporate social responsibility (CSR) reporting: an empirical evidence from commercial banks (CB) of Pakistan]

By a News Reporter-Staff News Editor at Science Letter -- Researchers detail new data in Science. According to news reporting originating from Abbottabad, Pakistan, by NewsRx correspondents, research stated, "The aim of this paper is to explore Pakistani listed commercial banks corporate social responsibility (CSR) reporting information along with the probable effects of different corporate governance (CG) elements on CSR disclosures. Furthermore, the relevance of different theories in explaining the results of this study is also provided."

Our news editors obtained a quote from the research from the COMSATS Institute of Information Technology, "For analyzing the banks' CSR reporting practice, which was done using content analysis, the annual reports for the years 2005-2010, of all the commercial banks were examined. Non-executive directors and foreign directors which are elements of CG were considered and multiple regression analyses were carried out to check the impact of CG elements on banks' CSR reporting initiatives. The results of the study reveal that even though reporting of CSR is voluntary in Pakistan, the participation of Pakistani commercial banks in different CSR activities is not low. Furthermore, the level of CSR activities performed by the banks is impressive. The results displayed that non-executive directors have a positive impact on the CSR reporting supporting stewardship theory in CB of Pakistan. The major limitation of this study is that the data is only based on annual reports of commercial banks of Pakistan. It is therefore, not easier to generalize the findings of this research to other corporate sectors. Secondly the annual reports of commercial banks for the years 2005-2010, a time period of just 6 years were analyzed as access to data before and after the specified years was not readily available. This paper relates CSR disclosure with possible impact of CG in the particular perspective of a transitional economy's banks such as Pakistan."

According to the news editors, the research concluded: "By providing empirical facts of the effect of CG structure on the CSR activities practices in developing countries' banking sector setting, this paper provides novel contribution to the current CSR literature."

For more information on this research see: Corporate governance and corporate social responsibility (CSR) reporting: an empirical evidence from commercial banks (CB) of Pakistan. Quality & Quantity, 2014;48(5):2501-2521. Quality & Quantity can be contacted at: Springer, Van Godewijckstraat 30, 3311 Gz Dordrecht, Netherlands. (Springer - www.springer.com; Quality & Quantity - www.springerlink.com/content/0033-5177/)

The news editors report that additional information may be obtained by contacting M. Sharif, COMSATS Inst Informat Technol, Abbottabad 22060, Pakistan (see also Science).

Keywords for this news article include: Abbottabad, Pakistan, Asia, Science

Our reports deliver fact-based news of research and discoveries from around the world. Copyright 2014, NewsRx LLC


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Source: Science Letter


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