Governance and Type of Industry as Determinants of Corporate Social Responsibility Disclosures in Latin America

Abstract There is little empirical evidence regarding corporate social responsibility (CSR) disclosure in Latin America. This paper focuses on the disclosure of CSR information by listed companies in Chile, Colombia, and Mexico and analyses the country's impact, measured by the pressures arising from the differences in the quality of governance of the three countries, and the impact of the type of industry on CSR disclosures. The results, based on a comprehensive content analysis of annual and CSR reports, provide evidence of the influence of the quality of governance and industry type on the disclosures of CSR information, albeit not in all its components.