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No. 1 (2019): Special Issue "Best practice and future trends in Corporate Governance"

The influence of corporate board on non-financial disclosure according to the main organizational theories

DOI
https://doi.org/10.3280/cgrds1-2019oa8682
Submitted
ottobre 23, 2019
Published
2020-02-04

Abstract

This study aims to define a theoretical framework of the main organisational theories identifying how the board composition influences both CSR activity and disclosure. Using the literature review as the research method, the analysis highlights some implications of each organisational theory on non-financial information disclosure and board’s role. Specifically, the research shows that the management’s influence on non-financial information practice of an organisation is not emphasized by all organizational theories. In addition, based on the research results, non-financial information can should be considered as an organizational tool to legitimise the firm performance and manage the perception of enterprises stakeholders. The study could be further developed by applying quantitative research methods, such as a multiple case study approach, which is useful to explore the dissemination of a new phenomenon.

 

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