The Reality of the Corporate Social Responsibility Disclosure (CSRD) in the Financial Reports of the Commercial Banks "A Applied Study on Commercial Banks in Libya"

Abstract

The study aimed to identify the reality of the Corporate Social Responsibility disclosure (CSRD)in the financial reports of the commercial banks in Libya and the pioneering banks in this. The method of content analysis was used.CSRD was found in three aspects (employees, public contributions, customers), but the size of disclosure was weak. The Commerce and Development Bank was the pioneer in the field of CSRD. The study recommended to issuing legislations to compel the banks in Libya to disclose their social performance, in addition to making them aware of the importance of CSRD.

Key Words: Corporate Social Responsibility disclosure(CSRD) - The financial reports - The commercial banks in Libya.