Nature of Social Disclosure in Corporate Annual Reports: A Study of Manufacturing Companies Listed in Indian Stock Exchange
Journal Title: Scholars Journal of Economics, Business and Management - Year 2015, Vol 2, Issue 10
Abstract
Abstract: This paper reports the findings of our study on the nature of social responsibility disclosure in annual reports of 65 manufacturing companies listed in Indian Stock Exchanges. The companies were selected from a list of top 500 companies listed in Bombay Stock Exchange (BSE) following simple random sampling. The paper has reported disclosure (as well as non-disclosure) of 49 items of social information in four different social responsibility areas, namely, environment, employees, community involvement and product. Results of our study have revealed that social information items reported by our sample companies are mostly non-financial and descriptive in nature. It has been found that many important information regarding social and environmental issues have not been reported by a good number of companies. Also, number of evidences on disclosure of sensitive information is very small. Observed information deficiency, in terms of both quantity and quality, indicates that opportunity exists for improvement in corporate social disclosure practices in India. Keywords: Nature of Corporate Social Disclosure, Environment, Human Resource, Community Involvement, India.
Authors and Affiliations
Debansu Das, Anindita Pramanik
Keywords
Related Articles
- EP ID EP386914
- DOI -
- Views 99
- Downloads 0
From “Silent Spring” to “Noisy Summer”: Globalization of Industry as a Mitigant of Domestic Environmental Problems and the Attraction of Knowledge Workers
Globalization of industry is a key topic in today’s economy and is of interests to governments, multinationals and their domestic competitors. One of the drawbacks of rapid globalization being discussed are the environme...
The Concept of Family Tree, Family Forest Farm Its Identification Standard and Judgment
The traditional concept of family tree can not reflect the actual characteristics of family tree farm in practice, by comparing the differences in the characteristics of ordinary farmers and family farms, the main charac...
What are the employee’s factors that influence motivation to transfer training outcomes in Libya?
Abstract: Important factors that influence the motivation to transfer in the work place are motivation to learn self-efficacy and job satisfaction. The association between these factors and motivation to transfer have be...
Alternative Energy Sources – Implication for the Nigerian Economy
Since the discovery of oil in commercial quantity in Nigeria in 1956 and the oil boom of 1970s, oil has dominated the economy of the country. In Nigeria, oil accounts for more than 90 percent of the country’s exports, 25...
Research on the Risk Communication Problem of the NIMBY Public Project
In China's urbanization and industrialization process, the state needs to build a large number of public programs to meet the needs of social and economic development, but some of the projects have negative externalities...