Usefulness of environmental information to bank officers in Malaysia
Corporate social and environmental disclosure practices reflect corporate transparency and accountability towards wider stakeholders. Since information disclosure imposes huge costs upon companies, the usefulness of information to stakeholders is worth examining. Drawing from the notion of normative...
| Main Authors: | , , |
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| Format: | Article |
| Language: | English |
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Faculty of Economics and Management, Universiti Putra Malaysia
2015
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| Online Access: | http://psasir.upm.edu.my/id/eprint/38045/1/Usefulness%20of%20Environmental%20Information%20to%20Bank%20Officers%20in%20Malaysia.pdf |
| _version_ | 1796973267331842048 |
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| author | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli |
| author_facet | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli |
| author_sort | Mohd Said, Ridzwana |
| collection | UPM |
| description | Corporate social and environmental disclosure practices reflect corporate transparency and accountability towards wider stakeholders. Since information disclosure imposes huge costs upon companies, the usefulness of information to stakeholders is worth examining. Drawing from the notion of normative pressure of institutional theory, this study examined the usefulness of environmental information to bank officers in Malaysia. Several aspects of environmental information disclosure were examined, namely, companies’ environmental attributes, types of environmental information disclosed and forms of disclosure. The results revealed that bank officers perceived environmental information to be important in their lending decisions. We also tested the actual use of environmental information in the lending decisions of bank officers for which it was found that bank officers do not incorporate environmental information in their lending decisions. Accordingly, the notion of normative pressure of institutional theory is partly supported. The present study has important implications for corporate environmental reporting practices in Malaysia. |
| first_indexed | 2024-03-06T08:40:07Z |
| format | Article |
| id | upm.eprints-38045 |
| institution | Universiti Putra Malaysia |
| language | English |
| last_indexed | 2024-03-06T08:40:07Z |
| publishDate | 2015 |
| publisher | Faculty of Economics and Management, Universiti Putra Malaysia |
| record_format | dspace |
| spelling | upm.eprints-380452016-03-30T01:11:12Z http://psasir.upm.edu.my/id/eprint/38045/ Usefulness of environmental information to bank officers in Malaysia Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli Corporate social and environmental disclosure practices reflect corporate transparency and accountability towards wider stakeholders. Since information disclosure imposes huge costs upon companies, the usefulness of information to stakeholders is worth examining. Drawing from the notion of normative pressure of institutional theory, this study examined the usefulness of environmental information to bank officers in Malaysia. Several aspects of environmental information disclosure were examined, namely, companies’ environmental attributes, types of environmental information disclosed and forms of disclosure. The results revealed that bank officers perceived environmental information to be important in their lending decisions. We also tested the actual use of environmental information in the lending decisions of bank officers for which it was found that bank officers do not incorporate environmental information in their lending decisions. Accordingly, the notion of normative pressure of institutional theory is partly supported. The present study has important implications for corporate environmental reporting practices in Malaysia. Faculty of Economics and Management, Universiti Putra Malaysia 2015-06 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/38045/1/Usefulness%20of%20Environmental%20Information%20to%20Bank%20Officers%20in%20Malaysia.pdf Mohd Said, Ridzwana and Sulaiman, Maliah and Nik Ahmad, Nik Nazli (2015) Usefulness of environmental information to bank officers in Malaysia. International Journal of Economics and Management, 9 (1). pp. 71-92. ISSN 1823-836X http://econ.upm.edu.my/ijem/vol9no1/4.%20Usefulness%20of%20Environmental%20Information%20to%20Bank%20Officers%20in%20Malaysia.pdf |
| spellingShingle | Mohd Said, Ridzwana Sulaiman, Maliah Nik Ahmad, Nik Nazli Usefulness of environmental information to bank officers in Malaysia |
| title | Usefulness of environmental information to bank officers in Malaysia |
| title_full | Usefulness of environmental information to bank officers in Malaysia |
| title_fullStr | Usefulness of environmental information to bank officers in Malaysia |
| title_full_unstemmed | Usefulness of environmental information to bank officers in Malaysia |
| title_short | Usefulness of environmental information to bank officers in Malaysia |
| title_sort | usefulness of environmental information to bank officers in malaysia |
| url | http://psasir.upm.edu.my/id/eprint/38045/1/Usefulness%20of%20Environmental%20Information%20to%20Bank%20Officers%20in%20Malaysia.pdf |
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