Corporate Social Responsibility Reporting in Malaysia

Critical accounting policy and estimate disclosures: Company response to the evolving SEC guidance

“…First, a higher quality disclosure includes more quantitative disclosures as a percentage of total disclosures. This treatment is consistent with prior studies in which quantitative disclosures are considered to provide more information than do solely narrative sentences ( Botosan, 1997;Freedman& Wasley, 1990;Hughes, Sander, & Reier, 2000;Ingram & Frazier, 1980;Thompson & Zakaria, 2004;Walden & Schwartz, 1997;Wiseman, 1982). Second, a higher quality disclosure includes more sentences specific to the guidance included in the three releases as opposed to merely general language.…”

Corporate Social Responsibility Disclosure in an Emerging Market: A Longitudinal Analysis Approach

“…While some studies examined the extent of CSR (e.g. Abdul Hamid, 2004;Thompson and Zakaria, 2004;Nik Ahmad, Sulaiman, and Siswantoro, 2003;Che Zuriana, Kasumalinda, and Rapiah, 2002;Kin, 1990), others have examined the identified driver or other factors (Amran and Devi, 2007;Ramasamy and Ting, 2004;Rashid and Ibrahim, 2002;and Teoh and Thong, 1984). The findings of previous CSRD studies in Malaysia (see Abdul Hamid, 2004;Thompson and Zakaria, 2004;Nik Ahmad and Abdul Rahim, 2003;Che Zuriana et al, 2002) state that the level of awareness appears to be growing.…”

“…The literature in previous studies uses different categories to classify CSRD practices (Thompson and Zakaria, 2004;Abu-Baker and Naser, 2000;Tsang, 1998;and Gray, Owen, and Maunders, 1987). These categories were mainly divided into five major areas -environment, energy, community involvement, products and employees/human resources.…”

“…Although some Malaysian firms have been recognized as being pro-active in this field Corporate Social Responsibility Disclosure (CSRD) appears to be in its infancy in Malaysia (Tsang, 1998, and Thompson and Zakaria, 2004). Some of these firms have voluntarily adopted the Global Reporting Initiatives (GRI) reporting framework (for example, BAT Malaysia Berhad and Shell Refining Co).…”

Developing Competitive Advantage through Ethical and SR Practices: The Case of SME in Australia and Malaysia

“…In contrast, it was observed that the awareness in regards to ethics and social responsibility among smaller business is still relatively lacking in Malaysia. This is because the focus on such issues in Malaysia is often directed to large firms compared to smaller firms (see, for example, Rashid & Ibrahim, 2002;Thompson & Zakaria, 2004). Following Zsolnai's (2004) suggestion that "ethics is not a luxury of advanced economies, it is an indispensable means to foster economic development" (p.57), it is crucial for the small businesses in developing economies to understand the importance of such constructs in their daily business activities.…”