Abstract:
Over the last ten years a number of major corporate ethical and financial disasters has resulted in organisations taking steps to improve their financial reporting, corporate governance, ethical practice and social responsibility (Agrawal and Chadha 2005). Corporate Social Responsibility (CSR) and CSR disclosure has been a growing interest in both accounting and marketing academic research (Gray, Owen and Maunders 1987; Luo and Bhattacharya 2006; Waller and Lanis 2009a). Companies can use communication tools like their website, the annual reports, CSR reports, and press releases, to voluntary disclosure non-financial information, such as ethical behaviour, to their various stakeholders, including shareholders, employees, customers, suppliers, media and the government, and to develop a particular brand image for the organisation (Berkey 1990; Judd and Timms 1991; Neu, Warsame and Pedwell 1998; Stanton and Stanton 2002; Murphy etal 2005)
