Environmental Disclosure in Industrial Companies in Aqaba

Abstract

This study aims to identify the effect of the disclosure on the company's environmental performance. It found that there is a relation between environmental disclosure and both of the company's ability to obtain, and the competitiveness of companies in the industrial companies in Aqaba. But the environmental performance does not lead the companies to get support and incentives from the government, and does not affect in determining the profit rate on loans. Also be found that there is no relation between environmental disclosure and the value of profits for the company in the industrial companies in Aqaba.It recommends the banks to consider environmental performance in determining the profit rate on loans, and industrial companies to guide environmental performance to lead the companies to get support and incentives from the government.

Role of Environmental Awareness in the Application of Environmental Accounting Disclosure in Tourism and Hotel Companies and Its Impact on Investor’s Decisions in Amman Stock Exchange

“…The researcher finds that there is some kind of (courtesy) with the management of industrial companies, since the legislation exists but is not effective, and if so it does not deal with the required rigor to force industrial companies to take effective steps in the preservation of the environment and move forward towards the application of environmental accounting and disclosure of environmental accounting information adequately. This is consistent with the study of Elena et al, 2011 andEljayash, 2015), when comparing the current study with Al-Hussein et al, 2015;Bazazo et al, 2017;Bank and Bank, 2018;Francisco et al, 2014;Saleh et al, 2012). The researcher believes that there is consensus in terms of the impact of environmental accounting disclosure on investor decisions and that environmental accounting disclosure may lead to correction of these decisions.…”

“…A question is raised here about the importance of this environmental disclosure for investors in Amman stock exchange and whether this disclosure will affect the investor's decisions. This disclosure will affect on increasing the competitiveness of companies, as the disclosure of environmental accounting contributes to correct investor's decisions and put them in the right direction and also affects on the performance of the investor's future (Abdul and Al-Sharif, 2016;Saleh et al, 2012;Al-Dosar, 2011;Francisco et al, 2014;van de Dion and Vieira Dion, 2014).…”