CSR Disclosure Practices in the Zambia Mining Industry

Research output: Chapter in Book/Report/Conference proceedingChapter

Authors

External organisations

  • University of Westminster

Abstract

The main objective of this chapter is to examine the corporate social responsibility (CSR) disclosure practices and the related motivation for (or lack thereof) CSR disclosures in the Zambian mining industry. Key CSR disclosures are examined to identify the trends in disclosure. Semi-structured interviews were also conducted with the mining managers to explore the underlying motives for such disclosures (non-disclosures) and the prospects that exist for future development. We find that there is very limited CSR disclosure by mining companies in Zambia, while CSR reporting is directed mainly towards ‘public image building’ and motivated by project financing purposes for those companies with a ‘western’ parent company. We argue that the lack of demand for such reporting from the Zambian citizenry has partly contributed to the low disclosures. Some international voluntary reporting guidelines have been adopted by ‘western’ parent mining companies, while reputation risk management remains a key concern for these companies. The study contributes to understanding the underlying motives for CSR disclosures in a developing country context.

Details

Original languageEnglish
Title of host publicationAccounting, Finance, Sustainability, Governance and Fraud
Publication statusPublished - 2018

Publication series

NameAccounting, Finance, Sustainability, Governance and Fraud
ISSN (Print)2509-7873
ISSN (Electronic)2509-7881

Keywords

  • Corporate social responsibility, Disclosures, Mining companies, Multinational subsidiaries, Zambia

ASJC Scopus subject areas