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Klaus Möller
Title
Prof. Dr.
Last Name
Möller
First name
Klaus
Email
klaus.moeller@unisg.ch
Phone
+41 71 224 7406
Homepage
3 results
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PublicationDeterminants of voluntary CSR disclosure : empirical evidence from GermanyCurrently, companies spend a great deal of effort on Corporate Social Responsibility (CSR) disclosures. CSR disclosure relates to the provision of information on companies' environmental and social performance. From an economic perspective, companies might disclose this information to avoid or decrease potential political costs. We construct a CSR disclosure index based on the Global Reporting Initiative (GRI) guidelines. Using content analysis, we analyze 130 listed German companies' CSR disclosures (470 firm-year observations) to investigate the determinants of these voluntary disclosure activities. Our results show that, consistent with the political cost theory, German companies' disclosures of all CSR issues are affected by their visibility, shareholder structure, and relationship with their US stakeholders. In addition, higher profitability is associated with more environmental disclosures. Finally, size and industry membership affect the amount of CSR disclosure.Type: journal articleJournal: Review of Managerial ScienceVolume: 5Issue: 2-3
Scopus© Citations 580 -
PublicationDeterminants of Voluntary CSR Disclosure : The Economic PerspectiveToday, companies spend a lot of effort in their reporting on corporate social responsibility (CSR). CSR reporting relates to the provision of information regarding the companies' voluntary contribution to sustainable development. From an economic perspective, companies might disclose this information for avoiding/decreasing potential political costs. Based on GRI-guidelines, we use content analysis to document the amount of CSR-disclosures of stock-listed German companies. Furthermore, we focus on a number of firm-specific factors that are likely to proxy for high political and/or societal costs and argue that companies try to reduce those costs by proactively communicating specific CSR-information. In doing so, we try to explain why companies disclose CSR information. Our results show that reporting on social issues is affected by social constraints and shareholder structure. Contrary to our hypotheses is that profitability as well as the companies' relationship to US stakeholders have no influence on companies' disclosures. Finally, size and industry affect the amount of CSR-disclosure.Type: conference paper
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PublicationBenefits of Corporate Social Responsibility and Sustainability Reporting( 2009-10-09)