Corporate social responsibility reporting practices of Eurozone companies

Abstract

For most of the world`s largest companies, a voluntary reporting on non-financial information appears to be a continuing trend. Communication of social and environmental dimensions of the company plays a key role in the sustainable development of organizations and therefore should be investigated more in depth. In order to contribute to the research in this area the aim of this empirical study was to analyse CSR reporting practices of Eurozone companies, according to the Spanish Accounting and Business Association�s (AECA) Integrated Scorecard Taxonomy, and the factors that can influence its use. Moreover, given that the evolution of the Web has led companies to consider other strategies of communication; ones more flexible than traditional media, and which enable them to reach wider audiences and different groups of stakeholders, this thesis also investigates the usage of social media such as LinkedIn and YouTube for CSR disclosure. Thus, another aim of this study was to analyse the extent to which Eurozone companies use the social network LinkedIn, how they manage their online practices, which is their typical audience, and which are the potential factors influencing both extent and audience. Similarly, this thesis also provides an analysis of the extent and main purposes of the YouTube�s usage; the companies� activity and online practices; as well as the factors on this platform influencing the channel´s activity; the audience; the stakeholder�s engagement and CSR disclosure. For the purposes of this research, a sample of 306 Eurozone companies listed in the STOXX Europe 600 index, including 19 subsectors and 12 countries, has been analysed. The main contribution of this thesis is providing an overview of CSR reporting practices of large Eurozone companies while broadening the previous research by providing new evidence of sustainability disclosure through social media. We believe that this thesis provides theoretical and practical implications and both academics and professionals might benefit of it.