Malaysian companies prioritize quantity over quality in CSR reporting practices
Malaysian companies focus more on meeting disclosure requirements than on the quality of their corporate social responsibility (CSR) reporting. The overall quality of CSR reporting in Malaysia is low, with only around 24% meeting standards. The existence of CSR practices does not strongly correlate with reporting quality, suggesting that CSR reporting is often just for show. Most companies in Malaysia choose to report on workplace issues, regardless of their industry, likely due to mimicking larger companies.