A Preliminary Study of Corporate Environmental Disclosure for Malaysian Manufacturing Companies
Year: 2023
Type: conference-paper
Abstract: Sustainability reporting had been made compulsory reporting for all listed companies in Malaysia. CED is part of the sustainability reporting which in this study explores the disclosure of Malaysian listed manufacturing companies from year 2016 until year 2021. This paper aims to investigate the Corporate Environmental Disclosure (CED) in the annual report of Malaysian manufacturing public listed companies which is a significant contributor to the Malaysian economy. The population of this study is Malaysian public listed companies, and this study consists of all energy companies as a sample. The initial sample size is 385 companies for the year 2016 until 2021. This study excluded companies with no annual reports, which resulted in a final sample of 268 companies. The study applied Content analysis. On average, the disclosure had only slight improvement from reporting descriptive only to quantitative. Findings showed that only 13.1 percent of companies had disclosed extraordinary results. This study has several implications for managers, investors and regulators. Future research may extend the study to other industries and can be conducted to provide stronger evidence on the disclosure of Malaysian listed companies. Furthermore, a comparative study with a larger sample of firms in developing countries could be examined.
Language: English
Subfield: Strategy and Management
Domain: Social Sciences
Open Access status: hybrid
OpenAlex ID: W4388664013