Corporate social reporting in the banking industry of Bangladesh: a test of legitimacy theory
Corporate social reporting in the banking industry of Bangladesh: a test of legitimacy theory
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孟加拉国银行业的企业社会报告：合法性理论的检验
DOI：
10.1108/srj-05-2019-0185
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发表时间：
2020
影响因子：
3.2
通讯作者：
Nishitani Kimitaka
中科院分区：
文献类型：
--
作者：
Islam Mohammad Tazul;Kokubu Katsuhiko;Nishitani Kimitaka
本研究的目的是在一个发展中国家的银行业背景下检验合法性理论的论点，以孟加拉国为例，通过解释银行经理在合法化企业社会（CS）报告的看法。设计/方法/途径本研究使用了达卡证券交易所（DSE）上市银行的数据，在10年的时间（2004 - 2013），并使用伊斯兰和Kokubu（2018）CS报告索引。采用多元回归方法对LT变量进行了检验。本研究采用“三角设计”的混合研究方法，以全面了解LT变量。此外，从24家上市银行的28次访谈（范围从企业社会责任运营经理到董事总经理/首席执行官），共进行了解释银行经理的合法看法CS reporting.FindingsThis研究支持LT的发展中经济体的银行业在三个方面的更广泛的推力的适用性。第一，对于人口密度较低的“接近最终用户”的公司，比人口密度较高的公司披露更多的社会信息，以获得/重新获得/维持市场的合法性。第二，较新的银行与终端用户的接近程度较小，披露更多的社会信息，以填补接近第三客户的差距，以满足社会的期望。第三，公司披露更多的社会信息，在其年度报告合法化的公司行动，以回应CS报告倡议所采取的利益相关者，特别是regulators. Research limitations/implications本研究的主要意义是，它扩展了适用性的LT为发展中国家，一般来说，和银行业，特别是。独创性/valueThe研究丰富了现有的LT文献的发展中经济体的银行业提供经验证据，从银行系统在孟加拉国。
PurposeThe purpose of this study is to test the legitimacy theory (LT) argument in the context of the banking industry of a developing country, taking Bangladesh as a case by interpreting the bank managers’ perceptions in legitimizing corporate social (CS) reporting.Design/methodology/approachThis study uses the Dhaka Stock Exchange (DSE) listed banks data during a 10-year period (2004–2013) and uses Islam and Kokubu (2018) CS reporting index. The LT variables are tested by using multiple regression method. A mixed-method of research with “triangulation design” has been used in this study for a comprehensive understanding of LT variables. In addition, a total number of 28 interviews (ranges from Corporate Social Responsibility Operational Manager to Managing Director/Chief Executive Officer) from 24 listed banks have been conducted to interpret bank managers’ legitimate perception in CS reporting.FindingsThis study supports the applicability of the broader thrust of LT for the banking industry of the developing economies in three ways. First, for companies with lower “proximity to end-users” by density in population disclose more social information than the companies with higher ones to gain/regain/maintain market legitimacy. Second, newer banks with less scope to reach proximity to end-users disclose more social information to fill proximity to tertiary clients’ gap to meet community expectation. Third, companies disclose more social information in their annual reports to legitimize corporate actions in response to the CS reporting initiatives taken by the stakeholders, particularly regulators.Research limitations/implicationsThe main implication of this study is that it extends the applicability of the LT for the developing country, in general, and for the banking industry, in particular.Originality/valueThe study enriches the existing LT literature of the developing economies’ banking industry by providing empirical evidence from the banking system in Bangladesh.