Work

The engagement of auditors in the reporting of corporate social responsibility information

Year: 2018

Type: article

Abstract: In this research, we aim to examine how large auditing firms and audit/non‐audit fees affect corporate social responsibility (CSR) disclosure. We show that the big four auditing firms and the audit and non‐audit fees paid by audited firms encourage CSR reporting. Overall, our findings suggest that big auditing firms play a relevant role in CSR disclosure, which may help to mitigate informative asymmetries between managers and stakeholders. Furthermore, audit and non‐audit fees paid by audited companies promote voluntary non‐financial information disclosure. These findings should be of interest to policymakers given the relevant role that CSR disclosure may play in the decision‐making processes of all stakeholders.

Source: Corporate Social Responsibility and Environmental Management

DOI: 10.1002/csr.1656

Authors: María Consuelo Pucheta‐Martínez, Inmaculada Bel‐Oms, Lúcia Lima Rodrigues

Institutions: Universitat Jaume I, Universidad Complutense de Madrid, University of Minho

Language: English

Topic: Corporate Social Responsibility Reporting

Subfield: Strategy and Management

Field: Business, Management and Accounting

Domain: Social Sciences

Open Access status: green

OpenAlex ID: W2888034390

FWCI: 7.519

Cites: 62

Cited by: 69

Related to: 10