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Corporate social reporting and board representation: evidence from the Kenyan banking sector

  • Dulacha G. Barako
  • Alistair M. Brown
Article

Abstract

The paper examines the influence of gender and board representation on communication of corporate social reporting by Kenyan banks. The descriptive statistical analysis reveals that the level of corporate social disclosure by Kenyan banks is low with a mean of 15%, indicating that disclosure of corporate governance information is not of primary concern to Kenyan banks. In particular, there is a complete lack of disclosure on the categories of Recruitments, Employment of Special Groups, Assistance to Retiring Employees, Employees Productivity and Turnover. The results of multiple regression analysis indicate that board representation can fundamentally improve corporate communication. A higher level of women representation and independent directors greatly improves disclosure.

Keywords

Corporate social reporting Kenya Banks Board representation 

Notes

Acknowledgements

The authors would like to thank three anonymous referees and the editor for their helpful comments.

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Copyright information

© Springer Science+Business Media, LLC. 2008

Authors and Affiliations

  1. 1.School of AccountingCurtin University of TechnologyPerthAustralia

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