Question

Environmental disclosure and performance reporting in malaysia

Answer 1

$\huge\underline\orange{\sf Answer}$

Purpose – The purpose of this paper is to examine the extent to which the environmental disclosures in annual reports of companies listed on the Kuala Lumpur Stock Exchange are associated with corporate characteristics. Design/methodology/approach – A rating system for environmental disclosures was developed, based on a review of previous studies, embracing industry membership, financial performance, share price fluctuations, political cost proxies, dependence on debt and the capital market. Findings – The findings suggested that environmental disclosure is negatively associated with company financial performanc