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Environmental Disclosures by the Malaysian Construction Sector: Exploring Extent and Quality

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  • Nik Nazli Nik Ahmad
  • Noor Afzalina Mohamad

Abstract

We examine the extent and quality of environmental disclosures by public‐listed Malaysian construction companies in their 2009 annual reports. Most of the 49 sample companies provide general disclosures which are positive and non‐verifiable in nature. Very few companies disclose quantitative/non‐monetary or monetary environmental information. In addition, companies did not make disclosures in eight of the items contained in the index. This suggests that environmental disclosures do not discharge the companies’ accountability as disclosures are neither complete nor comprehensive enough and are largely confined to general, narrative statements which cannot be verified. To ensure accountability, regulators must introduce environmental reporting guidelines which specify content and format of the disclosures. This study addresses the paucity of Malaysian environmental disclosure literature and is one of the few which also examines quality of disclosure. Copyright © 2013 John Wiley & Sons, Ltd and ERP Environment

Suggested Citation

  • Nik Nazli Nik Ahmad & Noor Afzalina Mohamad, 2014. "Environmental Disclosures by the Malaysian Construction Sector: Exploring Extent and Quality," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 21(4), pages 240-252, July.
    • Handle: RePEc:wly:corsem:v:21:y:2014:i:4:p:240-252
    DOI: 10.1002/csr.1322
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    Cited by:

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    2. Gary Kleinman & Chu‐hua Kuei & Picheng Lee, 2017. "Using Formal Concept Analysis to Examine Water Disclosure in Corporate Social Responsibility Reports," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 24(4), pages 341-356, July.
    3. Mitzi Cubilla‐Montilla & Ana‐Belén Nieto‐Librero & Ma Purificación Galindo‐Villardón & Ma Purificación Vicente Galindo & Isabel‐María Garcia‐Sanchez, 2019. "Are cultural values sufficient to improve stakeholder engagement human and labour rights issues?," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(4), pages 938-955, July.
    4. Adalberto Alberici & Francesca Querci, 2016. "The Quality of Disclosures on Environmental Policy: The Profile of Financial Intermediaries," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 23(5), pages 283-296, September.
    5. Isabel María García‐Sánchez & María‐Elena Gómez‐Miranda & Fátima David & Lazaro Rodríguez‐Ariza, 2019. "Analyst coverage and forecast accuracy when CSR reports improve stakeholder engagement: The Global Reporting Initiative‐International Finance Corporation disclosure strategy," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 26(6), pages 1392-1406, November.
    6. Ritu Pareek & Krishna Dayal Pandey & Tarak Nath Sahu, 2019. "Corporate Governance, Firms’ Characteristics and Environmental Performance Disclosure Practices of Indian Companies," Indian Journal of Corporate Governance, , vol. 12(2), pages 142-155, December.
    7. María Consuelo Pucheta‐Martínez & Blanca López‐Zamora, 2018. "Engagement of directors representing institutional investors on environmental disclosure," Corporate Social Responsibility and Environmental Management, John Wiley & Sons, vol. 25(6), pages 1108-1120, November.

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