Purpose

This study aims to examine the influence of institutional shareholding on a firm’s corporate social responsibility (CSR) practices in Bangladesh.

Design/methodology/approach

This study uses a content analysis to capture a firm’s CSR practices, based on various attributes of social and environmental reporting made by the firm. Based on these attributes, a corporate social responsibility reporting index (CSRI) is constructed. To examine the causal relationship between institutional shareholding and firm CSR practices, this study uses a simultaneous equations approach to control the endogeneity problem.

Findings

The finding of this study is that both CSR reporting and institutional shareholding negatively influence each other.

Research limitations/implications

This study is subject to some limitations such as the subjectivity or judgement associated in the coding process.

Practical implications

If the institutional investors are not concerned with its environmental and societal issues, there will be a sustainability issue for the business because companies will continue ignoring the employee health and hygiene, education, training and welfare. Their ignorance of these societal issues will lead to compromising the quality of living for important stakeholders within the society.

Originality/value

This study contributes the literature on CSR reporting.

中文翻译：

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机构持股和企业社会责任报告：来自孟加拉国的证据

目的

这项研究旨在研究机构股权对孟加拉国企业社会责任（CSR）做法的影响。

设计/方法/方法

这项研究基于公司所做的社会和环境报告的各种属性，使用内容分析来捕获公司的CSR做法。基于这些属性，构建了企业社会责任报告指数（CSRI）。为了研究机构持股与企业社会责任实践之间的因果关系，本研究使用联立方程方法来控制内生性问题。

发现

这项研究的发现是，企业社会责任报告和机构持股都相互影响。

研究局限/意义

这项研究受到一些限制，例如编码过程中的主观性或判断力。

实际影响

如果机构投资者不关心其环境和社会问题，那么企业将存在可持续性问题，因为公司将继续忽略员工的健康和卫生，教育，培训和福利。他们对这些社会问题的无知将导致社会重要利益攸关方的生活质量受到损害。

创意/价值

这项研究贡献了有关企业社会责任报告的文献。