The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed
This study was carried out to examine the economic consequences ofvoluntary environmental reporting on shareholders' wealth among Malaysian Listed Companies that voluntarily disclosed environmental information in their financial report. One hundred andfifty two (152) companies of Bursa Malaysi...
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| Language: | English |
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Institute of Research, Development and Commercialization (IRDC)
2006
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| Online Access: | http://ir.uitm.edu.my/id/eprint/13008/ http://ir.uitm.edu.my/id/eprint/13008/1/AJ_RUSLAINA%20YUSOFF%20SMRJ%2006%201.pdf |
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uitm-13008 |
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eprints |
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uitm-130082016-06-09T17:01:33Z http://ir.uitm.edu.my/id/eprint/13008/ The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed Yusoff, Ruslaina Abd Rahman, Shariful Amran Wan Mohamed, Wan Nazihah Balance sheet. Financial statements. Corporation reports. Including pro forma statements Financial management. Business finance. Corporation finance Malaysia This study was carried out to examine the economic consequences ofvoluntary environmental reporting on shareholders' wealth among Malaysian Listed Companies that voluntarily disclosed environmental information in their financial report. One hundred andfifty two (152) companies of Bursa Malaysia (MSE) had been identified as a sample in the current study. Seventy six (76) companies were classified as environmental reporting companies while the remaining companies were classified as non-environmental reporting companies. The classification was done in order to determine the differences between share price, profitability and market equity for both types of companies. The study hypothesizes that voluntary environmental reporting leads to an improvement in the shareholders wealth. However, the results show that there is no significant difference between cumulative abnormal return for environmental and non-environmental reporting companies. Based on the results obtained, it can also be concluded that profitability and size of the companies do not have any significant roles in deciding whether or not to produce environmental reporting companies. Institute of Research, Development and Commercialization (IRDC) 2006 Article PeerReviewed text en http://ir.uitm.edu.my/id/eprint/13008/1/AJ_RUSLAINA%20YUSOFF%20SMRJ%2006%201.pdf Yusoff, Ruslaina and Abd Rahman, Shariful Amran and Wan Mohamed, Wan Nazihah (2006) The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed. Social and Management Research Journal, 3 (2). pp. 1-23. ISSN 1675-7017 |
| repository_type |
Digital Repository |
| institution_category |
Local University |
| institution |
Universiti Teknologi MARA |
| building |
UiTM Institutional Repository |
| collection |
Online Access |
| language |
English |
| topic |
Balance sheet. Financial statements. Corporation reports. Including pro forma statements Financial management. Business finance. Corporation finance Malaysia |
| spellingShingle |
Balance sheet. Financial statements. Corporation reports. Including pro forma statements Financial management. Business finance. Corporation finance Malaysia Yusoff, Ruslaina Abd Rahman, Shariful Amran Wan Mohamed, Wan Nazihah The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| description |
This study was carried out to examine the economic consequences ofvoluntary environmental reporting on shareholders' wealth among Malaysian Listed Companies that voluntarily disclosed environmental information in their
financial report. One hundred andfifty two (152) companies of Bursa Malaysia (MSE) had been identified as a sample in the current study. Seventy six (76) companies were classified as environmental reporting companies while the
remaining companies were classified as non-environmental reporting companies. The classification was done in order to determine the differences between share price, profitability and market equity for both types of companies. The study hypothesizes that voluntary environmental reporting leads to an improvement in the shareholders wealth. However, the results show that there is no significant difference between cumulative abnormal
return for environmental and non-environmental reporting companies. Based on the results obtained, it can also be concluded that profitability and size of the companies do not have any significant roles in deciding whether or not to
produce environmental reporting companies. |
| format |
Article |
| author |
Yusoff, Ruslaina Abd Rahman, Shariful Amran Wan Mohamed, Wan Nazihah |
| author_facet |
Yusoff, Ruslaina Abd Rahman, Shariful Amran Wan Mohamed, Wan Nazihah |
| author_sort |
Yusoff, Ruslaina |
| title |
The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| title_short |
The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| title_full |
The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| title_fullStr |
The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| title_full_unstemmed |
The economic consequences of voluntary environmental reporting on shareholder wealth / Ruslaina Yusoff, Shariful Amran Abd Rahman and Wan Nazihah Wan Mohamed |
| title_sort |
economic consequences of voluntary environmental reporting on shareholder wealth / ruslaina yusoff, shariful amran abd rahman and wan nazihah wan mohamed |
| publisher |
Institute of Research, Development and Commercialization (IRDC) |
| publishDate |
2006 |
| url |
http://ir.uitm.edu.my/id/eprint/13008/ http://ir.uitm.edu.my/id/eprint/13008/1/AJ_RUSLAINA%20YUSOFF%20SMRJ%2006%201.pdf |
| first_indexed |
2023-09-18T22:49:40Z |
| last_indexed |
2023-09-18T22:49:40Z |
| _version_ |
1777417459628769280 |