Title

Environmental disclosure and performance reporting in Malaysia

Document Type

Journal Article

Publisher

Emerald Group Publishing Limited

Faculty

Business and Law

School

Accounting, Finance and Economics

RAS ID

4304

Comments

This article was originally published as: Smith, M., Yahya, K., & Marzuki Amiruddin, A. (2007). Environmental disclosure and performance reporting in Malaysia. Asian Review of Accounting, 15(2), 185-199. Original article available here

Abstract

Purpose: The purpose of this paper is to examine the extent to which the environmental disclosures in annual reports of companies listed on the Kuala Lumpur Stock Exchange are associated with corporate characteristics. Design/methodology/approach: A rating system for environmental disclosures was developed, based on a review of previous studies, embracing industry membership, financial performance, share price fluctuations, political cost proxies, dependence on debt and the capital market. Findings: The findings suggested that environmental disclosure is negatively associated with company financial performance. A significant inverse relationship between disclosure score and return on assets is apparent, suggesting that environmental disclosure in Malaysia has different priorities from disclosures elsewhere. Originality/value: This study is the first of its kind to be conducted in Malaysia, and its empirical findings complement the expectations of prior studies.

DOI

10.1108/13217340710823387

 

Link to publisher version (DOI)

10.1108/13217340710823387