iarjbmIARJBMIARJBM2708-5147https://doi.org/10.47310/iarjbm.2021.v02i02.044The Compounding Effect of Ownership Structure Dimensions on Corporate Social Responsibility Disclosure by Firms Listed in Nairobi Securities Exchange: The Moderating Effect of Board CharacteristicsArikoJohnNamoitEdwinKipyegoKipchogeMoi University Department of Finance and Accounting, KenayaUniversity of Eldoret Department of Mathematics and Computer Science, KenayaDimensions of ownership structure and corporate social responsibility disclosure have received much interest around the globe, with a lot of study done on developed economies. Majority of prior studies confined their examination to this direct relationship, which explains the similarities of most of their findings. This study expounded the role played by company board independence in explaining whether it brings much moderating effect. Results suggest that board independence strengths the relationship between managerial ownership dimension and CSR disclosures but failed to show significant moderating effect on institutional ownership. Managerial ownership negatively influenced CSR. This can be associated with the fact that some of the company managers feel that disclosing company activities is not a necessity and managers' attitudes and risk profile on CSR varies from one firm to another. Managers are more concerned with the costs and benefits of CSR initiatives. Board independences can act as moderator thus strengthening CSR disclosures.