Abstract
This study examines the association of ownership structure with the environmental disclosure of listed companies in the Middle Eastern and North African (MENA) emerging markets. A self-constructed environmental disclosure score based on the framework of the Global Reporting Initiative (GRI) was used. Investigating a sample of 347 annual reports, we calculate the score for listed companies pertaining to 10 MENA countries. Our results revealed that the majority of companies in our study provide a separate section for environmental issues on their annual reports. In addition, multivariate analysis shows that there is a negative association between family ownership and environmental disclosures. However, the presence of the government ownership is likely to improve corporate environmental reporting practice. This paper is of value in that it enlarges the scope of previous studies on environmental disclosure through its inclusion of other regions of the world.
Subject
General Business, Management and Accounting
Reference53 articles.
1. Abu-Baker, N. and Naser, K. (2000), « Empirical evidence on corporate social disclosure (CSD) practices in Jordan », International Journal of Commerce and Management, vol. 10, pp.18.
2. Adams, C.A. and Kuasirikum, N. (2000), «A comparative analysis of corporate reporting on ethical issues by UK and German chemical and pharmaceutical companies»", The European Accounting Review, vol. 9 no. 1, pp. 53-79.
3. Ahmed, K., Hossain, M. Adams, M. (2006), “The effects of board composition and board size on the informativeness of annual accounting earnings”, Corporate Governance: An International Review, vol. 14 no. 5, pp. 418–431.
4. Anderson, A., Elias, N. and Zeghal, D. (1998), « Environmental Management and Reporting », Ed., CGA, Canada.
5. Al-Basteki, H. (1995), «The Voluntary Adoption of International Accounting standards by Bahrain Corporations», Advances in International Accounting, vol. 8, pp. 47 - 64.
Cited by
9 articles.
订阅此论文施引文献
订阅此论文施引文献，注册后可以免费订阅5篇论文的施引文献，订阅后可以查看论文全部施引文献