Title

Travel And Tourism

Keywords

Corporate environmental disclosure; Corporate financial reports; Corporations; Environmental financial reporting; Financial markets; Market values; Reporting practices

Abstract

This article investigates why corporations make environmental disclosures in their financial reports, addressing two major theories utilized in related accounting research. It also describes how economic theories of stock-market behavior are used to evaluate whether the market values corporate environmental information contained in financial reports. These two streams of research are related to newer, potentially productive avenues of research related to environmental financial reporting and financial markets. Research into the extent of corporate environmental disclosure shows that, while a number of environmental disclosure regulations are in place, problems with oversight, monitoring, and enforcement by the agencies responsible for implementation has led to relatively low levels of environmental disclosure in corporate financial reports. Recent trends in environmental disclosure and reporting practices suggest a largely increasing number of stand-alone reports, which include social, environmental, and economic/financial information reflecting what is referred to as triple bottom line reporting.

Publication Date

1-4-2012

Publication Title

Handbook of Computer Networks

Volume

3

Number of Pages

943-961

Document Type

Article; Book Chapter

Personal Identifier

scopus

DOI Link

https://doi.org/10.1002/9781118256107.ch61

Socpus ID

84886179608 (Scopus)

Source API URL

https://api.elsevier.com/content/abstract/scopus_id/84886179608

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