Corporate Governance and Corporate Social Responsibility Disclosure: Evidence From Listed Companies of Sri Lanka

Corporate governance and corporate social responsibility (CSR) are two important essentials of rece nt business practices that have gained major concentration in current years. The association between these two concepts has turned into more and more significant as firms face growing pressure from stakeholders to not only achieve efficiently but also to act in a communally accountable way. The purpose of this research topic is to explore this study is to examine the Corporate Governance and corporate social responsibility disclosure in listed companies in Sri Lanka. The determine factors are CEO duality, board size, gender diversity, board independent. The CSR disclosure variables are economic, social and environmental using content analysis method. Researcher looked at data from 80 companies in different industries between the period from 2019 to 2023 was selected to capture recent and relevant trends in corporate governance and CSR disclosure practices among listed companies in Sri Lanka. Importantly, it also encompasses the COVID-19 pandemic and the subsequent recovery period, during which firms faced heightened scrutiny regarding social, environmental, and economic responsibilities. In this analysis board size and board independent are positively associated with the level of CSR disclosure, indicating that larger companies tend to disclose more information about their CSR activities. Secondly, board independent has a significant positive impact on CSR disclosure.