Journals Information
Universal Journal of Accounting and Finance Vol. 10(1), pp. 286 - 297
DOI: 10.13189/ujaf.2022.100129
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The Effect of Board Characteristics on Corporate Social Responsibility Disclosure in the Jordanian Banks
Ala Hussein Albawwat *
Department of Accounting, Faculty of Business, Amman Arab University (AAU), Amman 11953, Jordan
ABSTRACT
A research was conducted to assess the influence of board member characteristics on corporate social responsibility disclosure (CSRD) within banking industries in Jordan where a total number of 155 banks per annum were sampled between the years 2010 and 2020. A hundred items have been developed as a checklist to evaluate the level of disclosure and the analysed results were comparatively low in terms of the level of disclosure for the selected banks in Jordan. To test the model, data from a time series and the ordinary least squares model have indicated the influence of three (3) factors that impacted positively on the disclosure of corporate social responsibility (concerning the board's size, board of foreign members and the audit committee). The present research thereby proposed that the directorate boards of commercial banks in Jordan need to create more awareness about corporate social responsibility, and implement proper monitoring activities in disclosing information on regular by the Central Bank of Jordan. However, any commercial bank that fails to comply with the rules and regulations should be sanctioned severely for indiscipline. This study became relevant by contributing meaningfully to literature where the quality of information of the banking industries could be improved to meet the novel trend by worldwide economic analysts. Furthermore, this research successfully carried out investigations on the impacts of CSRD level within the context of a new business environment, thereby projecting more guidelines for future works in a related discipline. However, the overall outcome from this study could be made to attract groups of stakeholders and shareholders like moderators, potential investors, and CSR and government officials.
KEYWORDS
Board Characteristics, CSR Disclosure, Banking Industry, Jordan
Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Ala Hussein Albawwat , "The Effect of Board Characteristics on Corporate Social Responsibility Disclosure in the Jordanian Banks," Universal Journal of Accounting and Finance, Vol. 10, No. 1, pp. 286 - 297, 2022. DOI: 10.13189/ujaf.2022.100129.
(b). APA Format:
Ala Hussein Albawwat (2022). The Effect of Board Characteristics on Corporate Social Responsibility Disclosure in the Jordanian Banks. Universal Journal of Accounting and Finance, 10(1), 286 - 297. DOI: 10.13189/ujaf.2022.100129.