Corporate social responsibility (CSR) reporting in Japan: Effects of government guidelines and initiatives
Date
2011
Authors
Phung, Kam
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Publisher
Bachelor of Commerce Best Business Research Papers
Abstract
This paper explores the influence and effects of government guidelines and initiatives on corporate social responsibility (CSR) reporting in Japan. It begins with a brief overview of past and present reporting trends and also explains Japan’s government-business relationship. Findings from interviews and surveys conducted with Japanese business professionals and CSR reporting companies are presented, as well as observations from forty Japanese CSR reports currently following the Global Reporting Initiative’s (GRI) G3 reporting guidelines. Current challenges facing materiality and assurance were identified and possible solutions were explored. A cost and benefit analysis of Japan’s mandatory environmental reporting law was also conducted. Lastly, this paper summarizes the pros and cons of implementing a CSR reporting requirement in Japan. Results from the studies described above demonstrate that government initiatives have a strong influence on Japanese reporting trends and that the Government of Japan should maintain an active role in shaping the future of reporting.
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Citation
Phung, K. (2011). Corporate social responsibility (CSR) reporting in Japan: Effects of government guidelines and initiatives. Bachelor of Commerce Best Business Research Papers, 4, 144-158.