Study on the level of corporate social disclosure practices in Malaysia
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Date
2004
Authors
Sharon, Manasseh
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Abstract
This research examines the level of corporate social disclosure (CSD) among Malaysian companies. Content analysis technique, by way of a worksheet, is used to record the CSD level according to the different themes: environment, energy, products, community involvement, employee/human resource. The annual reports of 135 companies, listed on the Kuala Lumpur Stock Exchange (main and second board) for 1996, 1998 and 2000 were examined. The year 1998 was chosen as the financial crisis year, the year 1996 and 2000 as the pre and post financial crisis years, respectively. To ensure that comparison can be made, only the sampled companies that exist throughout the years 1996, 1998 and 2000 were chosen. The results show that the human resource theme was the most highly disclosed theme. The trading and services industry disclosed the highest level of CSD and also have the greatest number of companies disclosing CSD. The disclosures were found mainly in the chairman’s report. The mode of disclosure was mainly qualitative. There was no significant difference in the level of CSD for 1996, 1998 and the year 2000 for companies of different sizes and leverage. In the level of CSD there was also no significant difference among industry type for 1998 and 2000, but there was a significant difference in 1996. The high profile industry type was found to have a higher level of CSD. It was also found that there was a significant difference between the level of CSD between the years 1996, 1998 and 2000. The year 1998, which is the financial crisis year, recorded the highest level of CSD.
Description
Master
Keywords
Management , Corporate Social Disclosure