Mansi, M and Pandey, R and Ghauri, E, CSR focus in the mission and vision statements of public sector enterprises: Evidence from India, Managerial Auditing Journal, 32, (4-5) pp. 356-377. ISSN 0268-6902 (2017) [Refereed Article]
Purpose: This study aims to explore the weightage rendered to corporate social responsibility (CSR) keywords in mission and vision (M&V) statements of public sector enterprises (PSEs) in India.
Design/methodology/approach: Analysing the contents of M&V statements of 230 PSEs, this study has the twin research objectives of seeking to illuminate the current use of CSR-related keywords in PSEsí M&V statements that reflect organisational strategy and provide an understanding for how firm age, industry and firm size variables serve to influence CSR keyword reporting in these statements.
Findings: The findings of this study provide evidence that half of the Indian PSEs reported at least one CSR-related keyword in their M&V statements. These public enterprises predominantly use 38 different categories of CSR keywords in their M&V statements. Furthermore, the authors find that environment-related keywords were predominantly used by PSEs in their M&V statements. The results indicate that PSEsí size and industries are significantly associated with the use of CSR-related keywords in M&V statements, suggesting that bigger PSEs and PSEs in extractive industries (e.g. mining, coal and petroleum) tend to report more CSR-related keywords in their M&V statements.
Research limitations/implications: Findings imply that small public enterprises (those having a low annual turnover) lack CSR focus in their M&V statements. The authors argue that, irrespective of the size of the enterprise, CSR should be an integral part of these PSEs in framing their M&V statements.
Originality/value: This study systematically analyses CSR-related keywords in the M&V statements of all PSEs in India.
|Item Type:||Refereed Article|
|Keywords:||CSR, India, mission and vision, public sector|
|Research Division:||Commerce, Management, Tourism and Services|
|Research Group:||Accounting, Auditing and Accountability|
|Research Field:||Sustainability Accounting and Reporting|
|Objective Group:||Environmental and Natural Resource Evaluation|
|Objective Field:||Sustainability Indicators|
|UTAS Author:||Mansi, M (Dr Mansi Mansi)|
|Web of Science® Times Cited:||1|
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