Corporate social and environmental reporting: a survey of disclosure practices in Egypt

Abstract

Purpose -The purpose of this study is to survey the corporate social and environmental reporting (CSR) practices of Egyptian corporate entities. It aims at contributing to the body of knowledge on the CSR disclosure phenomenon in developing/transitional economies.Design/methodology/approach -A 34-item disclosure index covering environmental, energy, human resources, customer and community involvement issues was used to rank corporations.Findings -A review of a random sample of 60 annual reports for the 2002 financial year revealed significant differences in reporting practices among the members of the nine industry segments surveyed. Findings of this research also lend support to the significance of ownership structure on the reporting decision.Research limitations/implications -The study is based on the annual report disclosures of corporations in the industrial sector. Hence, the conclusions arrived at should not be generalised to the non-industrial sector. A longitudinal study based on a reasonably large sample, which includes the non-industrial sector, is needed to highlight trends in CSR reporting practices in Egypt. In-depth case study-type research would also facilitate understanding of not only what, but also why and how companies are making social and environmental disclosures in Egypt.Originality/value -Reviews of disclosure practices in different parts of the world are always welcome and are arguably somewhat limited in developing countries.

The Quantity and Quality of Environmental Disclosure in Annual Report of National Oil and Gas Companies in Middle East and North Africa

“…In addition, most disclosed information related to employee issues. In other study conducted in Egyptian context, Rizk et al (2008) studied corporate social and environmental reporting practices of Egyptian corporate entities. Findings of the study indicate a significant variation regarding social and environmental disclosure practices in 60 companies operating in industrial segments.…”

Corporate Social Disclosure Practices in Kuwait

“…He found that there are significant differences among the various industry groupings with respect to the amounts, methods and locations. This finding is confirmed by Ahmad et al (2003), Ayadi (2004) in France, Rizk et al (2008) in Egypt, in Jordan, Echave and Bhati (2010) in Spain, Papaspyropoulos et al (2010) in Greece, Uwalomwa andUadiale (2011) in Nigeria, Bayoud et al (2012) in Libya; Wang et al (2012) in Taiwan, Suttipun and Stanton (2012) in Thailand. Barnard (2000) examined the relationship between the firm"s size and the level of social disclosure.…”

Nível de disclosure socioambiental: uma análise comparativa entre empresas brasileiras de acordo com o potencial de agressão ao meio ambiente

“…Como tal, o disclosure socioambiental destina-se a estender a prestação de contas das empresas, indo além do papel tradicional da prestação de contas financeiras aos acionistas. Essa extensão se baseia no pressuposto de que as empresas têm amplas responsabilidades sobre o ambiente em que operam, que ultrapassam a simples responsabilidade financeira (CARDOSO;ALMEIDA, 2016;RIZK;DIXON;WOODHEAD, 2008).…”