What is Foundation

This chapter aims to assess how the Portuguese foundations manage and disclosure on their websites information on corporate social responsibility (CSR). The study performs the assessment of the sampled foundations holding a website accessible to the broad public and being members of the Portuguese Foundation Centre. The evidence of this study impacts therefore the literature review on three ways. Firstly, it sheds light on the diversity of CSR policies undertaken by foundations, through the scale perspective and the CSR content categories. Secondly, it claims how distinct CSR information trends can be triggered by needs of legitimacy towards the stakeholders unlike other types of organizations. Lastly, the evidence provided by this study suggests that there in not a significant influence of the dimension factor of the foundations on the amount of CSR information they disclose, which contradicts evidence of previous studies.