Corporate Social Responsibility (CSR) In Egypt
Rizk, et al. (2008) suggest that, due to the growing and global awareness of the role of the companies in the society, however, some Egyptian listed companies report CSR information in their annual reports, but the levels of this information is lower than expected. Empirical studies concerned with the CSR disclosure by Egyptian companies mainly include Hanafi (2006), Rizk et al., (2008), and Salama (2009). Hanafi (2006) investigates the CSR in the annual reports of 82 non-financial Egyptian listed companies for the period 1998-2001. She compares the general patterns of CSR between Egypt and the UK, and finds that although the CSR was lower in Egyptian companies, the patterns of reporting were similar.