DIRECTORS' EDUCATION DEGREE AND CORPORATE SOCIAL DISCLOSURE: EVIDENCE FROM VIETNAM

Using the published annual reports of the firms listed on Ho Chi Minh Stock Exchange (HOSE) and Hanoi Stock Exchange (HNX) in Vietnam, this study examines the relationship between directors' education degree and corporate social disclosure (CSD) of Vietnamese listed firms. CSD is measured based on the Global Reporting Initiative (GRI) Sustainability Reporting Guidelines (G3.1 version). The result shows a significantly positive relationship between the high level of education among directors and CSD. Evidence from this study extends the existing CSD literature on emerging economies and providing valuable insights to Vietnamese policy makers in better understanding Vietnamese listed firms' CSD practices to develop and improve the reporting framework.