CSR Disclosure Practices in the Zambia Mining Industry

Phiri, O. and Mantzari, E. 2018. CSR Disclosure Practices in the Zambia Mining Industry. in: Graham, G., Orhan, A. and William, W. (ed.) Sustainability and Social Responsibility: Regulation and Reporting Singapore Springer. pp. 471-504

Chapter titleCSR Disclosure Practices in the Zambia Mining Industry
AuthorsPhiri, O. and Mantzari, E.
EditorsGraham, G., Orhan, A. and William, W.
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.

KeywordsCorporate social responsibility Disclosures Mining companies Multinational subsidiaries Zambia
Book titleSustainability and Social Responsibility: Regulation and Reporting
Page range471-504
Year2018
PublisherSpringer
Publication dates
Published09 Aug 2017
Place of publicationSingapore
SeriesAccounting, Finance, Sustainability, Governance & Fraud: Theory and Application
ISBN9789811045011
Digital Object Identifier (DOI)https://doi.org/10.1007/978-981-10-4502-8_20

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