Exploring the Impact of Private Companies’ Participation in Health-Related Programs through Corporate Sustainable Reporting

Sally Mohammed Farghaly Abdelaliem (), Khalid M. Alharbi, Nadiah A. Baghdadi and Amer Malki
Additional contact information
Sally Mohammed Farghaly Abdelaliem: Nursing Management and Education Department, College of Nursing, Princess Nourah bint Abdulrahman University, P.O. Box 84428, Riyadh 11671, Saudi Arabia
Khalid M. Alharbi: Accounting Department, College of Business Administration (Yanbu), Taibah University, P.O. Box 344, Al-Madinah Al-Munawarah 41411, Saudi Arabia
Nadiah A. Baghdadi: Nursing Management and Education Department, College of Nursing, Princess Nourah bint Abdulrahman University, P.O. Box 84428, Riyadh 11671, Saudi Arabia
Amer Malki: Computer Science Department, College of Computer Science and Engineering (Yanbu), Taibah University, P.O. Box 344, Al-Madinah Al-Munawarah 41411, Saudi Arabia

Sustainability, 2023, vol. 15, issue 7, 1-16

Abstract: Background: Sustainability reporting has evolved into a widespread method for leading corporations, not only due to its value as a means of tracking one’s company’s performance, but also as a tool for communicating performance to all involved stakeholders in any corporation. There has been little research into how private companies participate in various health programs while maintaining effective reporting. Aim: The study seeks to investigate the impact of private companies’ participation in health-related programs via corporate sustainable reporting (or corporate social responsibility disclosures; CSRD). Methods: Descriptive–correlational analysis, a balanced panel data of 117 Saudi listed businesses. Results: Corporate engagement in healthcare necessitates the identification of various hazards. As a result of the implementation of Saudi Arabia’s Vision 2030, in 2016, the reporting of health-related CSRD (HCSRD) increased from 36% in 2015, to 48% in 2018. Conclusions: Corporate sustainable participation in healthcare can vary among firms, indicating the different levels of influence in this regard. The healthcare sector, having the lowest average amount of disclosures, shows a lack of responsibility and control, as well as an inability to follow developments in the industry. The findings have practical implications for a range of stakeholders (e.g., regulators, investors, accounting professionals, and other institutions) of health-related CSRD in Saudi Arabia.

Keywords: health-related CSRD; sustainability reporting; mixed-method empirical analysis; firms; Saudi Vision 2030 (search for similar items in EconPapers)
JEL-codes: O13 Q Q0 Q2 Q3 Q5 Q56 (search for similar items in EconPapers)
Date: 2023
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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