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Corporate Social Responsibility Reporting by Commercial Banks in Annual Reports: Evidence from Malawi

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  • Andrew Munthopa Lipunga

    (Lecturer in accounting, University of Malawi)

Abstract

There is a crying need for an in-depth study into the quality, quantity of corporate social disclosure and identification of areas for future improvement so that transparency can be ensured, especially in developing countries where CSR studies are limited. The study explores the corporate social responsibility reporting practices in the annual reports of commercial banks of Malawi. The study uses content analysis in examining the annual reports of the sampled commercial banks. The paper found that all the sampled banks (100%) made some sort of CSR disclosures. Furthermore the banks relatively placed more emphasis in disclosing community related activities (0.49) followed by products and customers activities (0.38) and human resources activities (0.2). The least disclosed theme was environmental activities (0.08). The overall disclosure level was low (0.3) meaning that less than one third of the items on the CSR disclosure framework were disclosed. The study provides insight and adds to literature regarding the level of CSR disclosures from a developing country focusing on the banking sector which is an important sector in the economy.

Suggested Citation

  • Andrew Munthopa Lipunga, 2013. "Corporate Social Responsibility Reporting by Commercial Banks in Annual Reports: Evidence from Malawi," International Journal of Business and Social Research, MIR Center for Socio-Economic Research, vol. 3(9), pages 88-101, July.
    • Handle: RePEc:mir:mirbus:v:3:y:2013:i:9:p:88-101
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    References listed on IDEAS

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    1. Farid Ahammad Sobhani & Azlan Amran & Yuserrie Zainuddin, 2009. "Revisiting the practices of corporate social and environmental disclosure in Bangladesh," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 16(3), pages 167-183, May.
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    3. Nik Nazli Nik Ahmad, Maliah Sulaiman,and Dodik Siswantoro, 2003. "Corporate Social Responsibility Disclosure In Malaysia: An Analysis Of Annual Reports Of Klse Listed Companies," IIUM Journal of Economics and Management, IIUM Journal of Economis and Management, vol. 11(1), pages 51-86, June.
    4. Faris Nasif AL- Shubiri & Abedalfattah Zuhair Al-abedallat & Marwan Mohammad Abu Orabi, 2012. "Financial and Non Financial Determinants of Corporate Social Responsibility," Journal of Knowledge Management, Economics and Information Technology, ScientificPapers.org, vol. 2(5), pages 1-7, October.
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    Cited by:

    1. Nazari, Mohsen, 2022. "The journey from Corporate Social Responsibility to Corporate Social Innovation: The Whys and the Hows," Technium Business and Management, Technium Science, vol. 2(2), pages 27-39.
    2. Engy Mohsen El Hawary & Iman Mamdouh Arafa, 2018. "Studying the Effect of Stakeholders on the Disclosure of Corporate Social Responsibility by Banks: Evidence from Egypt," Accounting and Finance Research, Sciedu Press, vol. 7(4), pages 200-200, November.
    3. Muhammad Shoukat Malik & Lubna Kanwal, 2018. "Impact of Corporate Social Responsibility Disclosure on Financial Performance: Case Study of Listed Pharmaceutical Firms of Pakistan," Journal of Business Ethics, Springer, vol. 150(1), pages 69-78, June.

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