Climate Change Reporting: A Resource Based Perspective
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Date
2011
Authors
Shaikh Salim, Siti Zulaikha
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Abstract
This study investigates the extent of climate change disclosure among Malaysian public listed
companies. One hundred companies were chosen accordingly based on the sector provided in
the Bursa Malaysia website. The companies' annual report dated 2010, is use to investigate'
the extent of climate change disclosure and the contributing factor that influence the
disclosure practices. A content analysis study conducted to identify the total nmnber of words
relating to climate change aspects which presence in the annual report. Thus, this will help to
determine the extent of disclosing any climate change information among the selected
companies. The research conducted according to firm's attributes generated from the
Resource-based Perspective namely; organizational slack, diversifications, CEO international
experience, firm's international experience, top management commitment, industry
affiliations, size and the dependent variable of climate change disclosure. The results were
analysed using the correlational analysis to identify the significant level among the variables.
There are two significant findings generated from the analysis. The first significant finding is
the size of a firm. The positive correlational between firm's size and the extent of climate
change disclosure is positively significant. This means, bigger companies are more likely to
disclose their environmental information as the social pressures and attention towards them
are higher compared to smaller companies. However, the other significant findings indicate a
negative correlation between organizational slack and climate change disclosure. The finding
significantly contradicts with the previous literature, which emphasizes on the importance of
organizational slack in promoting finn's competitive advantage. The decision to disdose the
climate change information in Malaysia is significantly low which could be due to lack of
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regulation to enforce businesses to disclose their business practices which might have
significant effects to the climate change disclosure.
Description
Keywords
Climate Change