Abstract
The study aims to examine the corporate social responsibility disclosure (CSRD) levels for industrial firms listed on Amman Stock Exchange (ASE), and to explore the impact of firm size on these levels. The methods of collecting data were the narrative parts of annual reports published by firms in 2021 using content analysis, as well as a short descriptive questionnaire circulated to the CEO to assess the obstacles. The findings indicated that SRD categories were not distributed equally; the average disclosure of the employee category (EM), the environmental category (EN), and the community-related information category (CU) was 52.03%, 36.96%, and 51.60% respectively; the combined average disclosure for all dimensions was 46.7%. The study concludes that lack of top management support, followed by insufficient financial resources of the industrial sector are the main obstacle to deter the decision to disclose less information. However, there is a positively significant effect of firm size on the three CSRD dimensions (EM, EN, and CU). The study inferred that large firms obtained higher percentages of EM, EN, and CU. The obstacles companies might encounter obtained an average score of (3.39) or (72%). The study concludes that firms’ strategies should give more attention on disclosing EM, EN, and CU-related information in their reports. Future studies are recommended to encourage other sectors to do CSRD between developing and developed countries.
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Al-Nawaiseh, H.N., Nawaiseh, M.E., Bader, A., Mubaset, Z., Adel, A. (2023). Sustainability Reporting Adoption in Jordanian Listed Firms: Does Corporate Social Responsibility Matter?. In: Yaseen, S.G. (eds) Cutting-Edge Business Technologies in the Big Data Era. SICB 2023. Studies in Big Data, vol 136. Springer, Cham. https://doi.org/10.1007/978-3-031-42455-7_6
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