The impact of corporate identity on corporate social responsibility disclosure

International Journal of Corporate Social Responsibility

Table 7 Regression Results

Dependent Variable = DISCLOSURE	Model 1	Model 2	Model 3	Model 4	Model 5	Model 6	Model 7	Model 8
Dependent Variable = DISCLOSURE	beta	beta	beta	beta	beta	beta	beta	beta
STRATEGY	.220***	.215***	.257***	.261***	.283***	.281***	.256***	.165**
APPLICATION	.188**	.182**	.178**	.224**	.223**	.225**	.200**	.167**
EMPLOYEE	−.123	−.13	−.152*	−.134	−.143*	−.140*	−.166**	−.167***
AWARENESS	−.116	−.106	−.110	−.105	−.090	−.092	−.114	−.153*
logSIZE		.207*	.192*	.238*	.201*	.194	.220**	.147
logPROF				.197*	.190*	.180*	.118	.063
INCORPORATION					.110	.070	.053	.072
LISTED						.061	.107	.082
STANDALONE							.385***	.327***
GRI								.331***
INDUSTRY	No	No	Yes	Yes	Yes	Yes	Yes	Yes
R²	10%	15%	17%	20%	21%	21%	35%	43%
N	108	108	108	108	108	108	108	108

* p < 0.10, ** p < 0.05, *** p < 0.01
This table presents the regression results using DISCLOSURE as dependent variable
Model 1 shows the regression results of dependent (DISCLOSURE) and independent variables (STRATEGY, APPLICATION, EMPLOYEE, AWARENESS) without any control variables
In Model 2–8, we subsequently add control variables. We use robust standard errors over all models as heteroscedasticity is present. Model 8 contains the final regression
See Table 4 for variable explanations