Corporate Social Responsibility Disclosure among Large Korean Companies
►Diane Y Lee
10.52283/NSWRCA.AJBMR.20120211A01
ABSTRACT
There are various definitions and schools of thoughts regarding Corporate Social Responsibility (CSR). With regards to CSR, cases for diverse stakeholders, not limited to primary traditional stakeholders such as shareholders or employees, should be made. Much progress has been made in response to CSR in Korea in the last decade after the Asian Financial Crisis. Also, the CSR practices in Korea somewhat resonate with those of Americans or Japanese due to Korea’s history. In this article, website disclosure about CSR and reference to various stakeholders alluded to in GRI index at UN has been analyzed – in other words, content analysis of disclosure on the websites of large Korean companies have been made. Also, simple empirical analysis has been carried out with regards to the firm’s performance and CSR degree and although the influence proved to be insignificant.
Keywords: Corporate Social Responsibility, Stakeholder management, Corporate Social Responsibility Disclosure, website content analysis