Differences between the Readiness of CSR Reporting of a Local Companies and Subsidiary of a Multinational Companies in the Czech Republic

Paper's objective(s) and research backgroundThis study examines the extent to which a parent company's headquarters influences the CSR activities of its subsidiaries in the Czech Republic.In the context of current non-financial reporting obligations, the question of the influence of foreign multinationals on their subsidiaries is an interesting aspect. Data/MethodsThe authors of the paper seek to answer this question, complements the shortcomings of previous studies.Could these subsidiaries actually have some advantage in reporting CSR activities compared to local companies with no links to foreign companies?A questionnaire survey among 80 companies based in the Czech Republic was conducted between 2023. Results/Conclusions/Value addedThis study provides empirical evidence that subsidiaries with links mainly to parent companies in economically developed countries perceive their readiness better than local companies without foreign capital links.Our findings have implications for multinational executives and policymakers.