{"title":"CSR Disclosure in Russian Systemic Companies: Driving Force of International Environment and Domestic Institutions","authors":"Anna Veselova, Yulia Aray, Liubov Ermolaeva","doi":"10.1080/10669868.2023.2266421","DOIUrl":null,"url":null,"abstract":"AbstractThe paper explores a unique phenomenon of systemic companies and their corporate social responsibility (CSR) activities in a weak institutional environment and extensive institutional voids that push them to take diverse obligations. The paper uses the data from 223 Russian public companies and employs conventional statistical methods to test hypotheses. Our results show that systemic companies are inclined to disclose information about their CSR activities, especially, in their social dimension due to their social obligations in the local markets and necessity to gain legitimacy in host markets. Moreover, Russian companies with international activities are more active in CSR disclosure than purely domestic ones.Keywords: CSRdisclosureinstitutional voidslegitimizationmonocitiesRussiasystemic companies Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationFundingThis work was supported by Saint Petersburg State University, grant ID 60419171.","PeriodicalId":44266,"journal":{"name":"Journal of East-West Business","volume":null,"pages":null},"PeriodicalIF":1.2000,"publicationDate":"2023-10-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"Journal of East-West Business","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1080/10669868.2023.2266421","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q4","JCRName":"BUSINESS","Score":null,"Total":0}
引用次数: 0
Abstract
AbstractThe paper explores a unique phenomenon of systemic companies and their corporate social responsibility (CSR) activities in a weak institutional environment and extensive institutional voids that push them to take diverse obligations. The paper uses the data from 223 Russian public companies and employs conventional statistical methods to test hypotheses. Our results show that systemic companies are inclined to disclose information about their CSR activities, especially, in their social dimension due to their social obligations in the local markets and necessity to gain legitimacy in host markets. Moreover, Russian companies with international activities are more active in CSR disclosure than purely domestic ones.Keywords: CSRdisclosureinstitutional voidslegitimizationmonocitiesRussiasystemic companies Disclosure statementNo potential conflict of interest was reported by the author(s).Additional informationFundingThis work was supported by Saint Petersburg State University, grant ID 60419171.
期刊介绍:
Journal of East-West Business is a quarterly journal that deals with contemporary and emerging aspects of business studies, strategies, development, and practice as they relate to the Russian Federation, the new republics of the Commonwealth of Independent States, and Eastern/Central Europe-and business relationships with other countries of the world. The Journal of East-West Business is international in scope and treats business issues from comparative, cross-cultural, and cross-national perspectives. The journal features an Editorial Advisory Board that represents the Russian Federation, Eastern/Central European, and Baltic states in this new business arena.