Accounting Disclosure Pattern and its Relationship with Disclosure Level for CSR and its Financial Performance (An Empirical Study on Saudi Companies)

   The purpose of this study is to provide empirical evidence from Saudi business environment that contributes to the characterization of the relationship between the patterns of corporate social accounting disclosure (descriptive, quantitative" nonmonetary" and monetary), disclosure level for corporate social responsibility(CSR) and its financial performance. To achieve this purpose an analytical descriptive method was used, where three research hypotheses were tested for exploring the relationship between these variables. six control variables are included in the test model, namely: CEO duality, ownership concentration, debt ratio, profitability, firm size and type of industry. signaling and legitimacy theories are used to develop the research hypotheses. This study has reached the following results: 1) that social accounting disclosure patterns adopted by Saudi companies have a positive impact on its financial performance, 2) and that this effect works only through interaction of these patterns with the level of CSR disclosure, and thus have a moderating impact on the relationship between social disclosure level and financial performance, And 3) a positive correlationwas found between degree of sop histication of accounting disclosure pattern and CSR disclosure level, which could imply that Saudi companies  to improve their financial performance  adopt more sophisticated patterns of social accounting disclosure (quantitative, monetary) whenever the social disclosure is at a high level, and adopt a less sophisticated patterns of social accounting disclosure (descriptive) whenever the social disclosure is at a low level. The findings of the current research are expected to pave the way for future positive and normative studies designed to focus on quality, not quantity with regard to voluntary accounting disclosure in general and social in particular, additionally, it draws attention to the importance of accounting disclosure pattern and its degree of sophistication in influencing the content of the accounting message disclosed, The adoption of a specific pattern of social disclosure is not haphazard but behind economic motives, which opens the way to new research horizons focus on this aspect.