ABSTRACT
This chapter makes a contribution to the literature about corporate social responsibility (CSR) disclosure, while focusing on possible determinants of CSR disclosure. It focuses on possible explanations for the differences in empirical findings can be related to the context. The chapter focuses on the political cost theory for defining determinants of CSR disclosure. R. Gamerschlag et al. argues that some companies are more visible to the public than others. This can mainly be explained by their degree of visibility due to the quantity of their press coverage. The results of Gamerschlag et al. indicate only a significant relationship between profitability and environmental CSR disclosure. The chapter proposes Hypothesis: Profitability is positively associated with CSR disclosure of multinational enterprises in emerging markets. Emerging markets, in contrast to developed markets, are often characterized by a lack of norms and values of business standards due to unstable socio-economic and political conditions.
