The Impact of Quality Information on the Environmental Accounting Disclosure: A Case study for the Arabian Gulf Oil Company in Libya.
DOI:
https://doi.org/10.37375/esj.v1i3.2132الكلمات المفتاحية:
Quality, Information quality، Environmental accounting disclosureالملخص
The aim of this study, which is conducted on the quality of information and its impact on the environmental accounting disclosure, is to explore the prospective key strategies and policies by which quality of information can play an important role for the success of environmental accounting disclosure. This study derives its significance from the importance of the topic and its concept; it concentrates in particular on developing a potential framework for the lead to effective and optimal ideas in order to enhance the performance of the Arabian Gulf Oil Company (AGOC) in Libya with regard to quality of information and its impact on the environmental accounting disclosure.
The present study used as questionnaire as a tool for collecting the relevant data and also to achieve the objectives of the study. The study sample consisted of (31) respondents selected randomly from the financial & administrative administration as well as from the environmental safety & security administration in the (AGOC), as both administrations have a direct relation in dealing with the information and its quality as well as dealing with the environmental accounting disclosure. The statistical package for social sciences (SPSS) program was used to analyze and examine the hypotheses, and some statistical methods such as the weighted mean, standard deviation, regression analysis and other appropriate analysis were used in order to discover the effect of quality of information on environmental accounting disclosure in the company. Executing the analysis on the study hypotheses, the study reached a number of results, the most important of which are: there is a significant impact (statistically significant) for the quality of information on the level of details related to environmental accounting disclosure, as well as a statistically significant effect for the quality of information on the nature and types of information related to environmental accounting disclosure.
المراجع
Ahmed, N. S. (2004), “Corporate Environmental Disclosure in Libya: Evidence and Environmental Determinism Theory”, PHD Theses, Napier University, UK.
Ahmed, N. & Mousa, F. (2010), “Corporate Environmental Disclosure in Libya: A Little Improvement”, World Journal of Entrepreneurship, Management and Sustainable Development, vol. 6, no. 1/2, pp. 149 -159.
Andrew, B. H., Gul, F. A., Guthrie, J. E. & Teoh, H. Y. (1989), “Note on corporate social disclosure practice in developing countries: the case of Malaysia and Singapore”, British Accounting Review, vol. 21, no. 4, pp. 371-376.
Baxi, C. V. & Ray, R. S. (2009), “Corporate Social & Environmental disclosure & Reporting”, the Indian journal of industrial Relations, vol. 44. No. 3, pp. 355-375.
Beck, A.C., Campbell, D. & Shrives, P.J. (2010), “Content analysis in environmental reporting research: Enrichment and rehearsal of the method in a British–German context”, British Accounting Review, vol. 42, no. 3, pp. 207-222.
Belal, A. R. (2000), “Environmental reporting in developing countries: empirical evidence from Bangladesh”, Eco-Management and Auditing, vol. 7, no. 3, pp. 114-121.
Beretta, S. & Bozzolan, S. (2004), “A framework for the analysis of firm risk communication”, The International Journal of Accounting, vol. 39, pp. 265- 288.
Bewley, K. & Li, Y. (2000), "Disclosure of environmental information by Canadian manufacturing companies: A voluntary disclosure perspective", Advances in Environmental Accounting & Management, vol. 1, pp. 201-226
Campbell, D.J. (2004), “A longitudinal and cross-sectional analysis of environmental disclosure in UK companies a research note”, British Accounting Review, vol. 36, no. 1, pp. 107-117.
Cho, H., Chen. J. & Roberts, R. (2008), “The politics of environmental disclosure regulation in the chemical and petroleum industries: Evidence from the 170
Emergency Planning and Community Right-to-Know Act of 1986”, Critical Perspectives on Accounting, vol. 19, no. 4, pp. 450-465.
Clarkson, P. M., Li, Y. & Richardson, G. D. (2004), “The market valuation of environmental capital expenditures by pulp and paper companies”, The Accounting Review, vol. 79, no. 2, pp. 329-354.
Cormier, D., Magnan, M. & Van Velthoven, B. (2005), “Environmental Disclosure Quality in Large German Companies: Economic Incentives, Public Pressures or Institutional Conditions?”, European Accounting Review, vol. 14, no. 1, pp. 3-39.
Cowan, S. & Gadenne, D. (2005), “Australian Corporate Environmental Reporting: A Comparative Analysis of Disclosure Practices Across Voluntary and Mandatory Disclosure Systems”, Journal of Accounting & Organizational Change, vol. 1, no. 2, pp. 165-179.
Deegan, C. & Gordon, B. (1996), “A study of the environmental disclosure policies of Australian corporations”, Accounting and Business Research, vol. 26, no. 3, pp. 187-199.
Disu, A. & Gray, R. H. (1998), “An exploration of social reporting and MNCs in Nigeria”, Social and Environmental Accounting, vol. 18, no. 2, pp. 13-15.
Ernst, & Ernst (later Ernst & Whinney) (1972–1978), Social responsibility disclosure: Survey of fortune 500 annual reports, Cleveland, OH: Ernst & Ernst.
Grojer, J. E. & Stark, A. (1977), “Social Accounting: A Swedish attempt”, Accounting, Organizations and Society, vol. 2, no. 4, pp. 349-386.
19. Gray, R. & Bebbington, J. (2001), "Accounting for the environment", SAGE publications, 2nd Edition London.
Gray, R. (1992)," Accounting and environmentalism: an exploration of the challenge of gently accounting for accountability, transparency and sustainability”, Accounting, Organizations and Society, vol. 17, no. 5, pp. 399-425.
Gray, R. H. (1993), “Current practice in environmental reporting”, Social and Environmental Accounting, vol. 13, no. 1, pp. 6-9.
Gray, R., Owen, D. & Adams, C, (1996), "Accounting & accountability: changes and challenges in corporate social and environmental reporting", Prentice Hall, London.
Guthrie, J. & Abeysekera, I. (2006), “Content analysis of social, environmental reporting: what is new?”, Journal of Human Resource Costing & Accounting, vol. 10, no. 2, pp. 114-126.
Guthrie, J. & Farneti, F. (2008), “GRI Sustainability Reporting by Australian Public Sector Organizations”, Public Money & Management, vol. 28, no. 6, pp. 361-366.
Guthrie, J. E. & Mathews, M. R. (1985), “Corporate social accounting in Australia”, Corporate Social Performance and Policy, vol. 7, pp. 251-277.
Hackston, D. & Milne, M. J. (1996), “Some determinants of social and environmental disclosure in New Zealand companies”, Accounting, Auditing & Accountability Journal, vol. 9, no. 1, pp. 77-108.
Floridi, L. (2008) Trends in the philosophy of information. In P. Adriaans & J. van Benthem (Eds.), Handbook of the philosophy of science. Volume 8: Philosophy of information. Amsterdam: Elsevier.
Harte, G. & Owen, D. (1991), “Environmental disclosure in the annual reports of British companies: a research note”, Accounting, Auditing & Accountability Journal, vol. 4, no. 3, pp. 51-61.
Hegde, P., Bloom, R. & Fuglister, J. (1997), “Social financial reporting in India: A case”, The international Journal of Accounting, vol. 32, no. 2, pp. 155-172.
Jones, T.M. (1995), “Instrumental stakeholder theory: A synthesis of ethics and economics”, Academic of Management Review, vol. 20, no. 2, pp. 404-437.
. Kent, P. & Chan, C. (2003), “Application of Stakeholder Theory to the Quantity and Quality of Australian Voluntary Corporate Environmental Disclosures”, Working Paper, available at http://papers.ssrn.com/sol3/papers.cfm?abstract_id=447901, accessed 13/10/2017.
. Lamberton, G. (2005), “Sustainability accounting-a brief history and conceptual framework”, Accounting Forum, vol. 29, no. 1, pp. 7-26.
Lee, T. (2005), “Environmental issues and managerial accounting: the IFAC exposure draft”, Petroleum Accounting and Financial Management Journal, vol. 24, no. 1, pp. 1-22.
. Lee, T. (2007), “Research in internal control in the extractive industries: Corporate goveronance and risk management”, Petroleum Accounting and Financial Management Journal, vol. 26, no. 1, pp. 27-54.
. Lodhia, S. (2003), “Accountants' responses to the environmental agenda in a developing nation: an initial and exploratory study on Fiji”, Critical Perspectives on Accounting, vol. 14, no. 7, pp. 715-737.
. Meek, G. K., Roberts, C. B., & Gray S. J. (1995), “Factors Influencing Voluntary Annual Report Disclosures by U.S., U.K., and Continental European Multinational Corporations”, Journal of International Business Studies, vol. 26, no. 3, pp. 555-572.
McCloskey, J. & Smith, D. (1997), Strategic management and business policy-making: bringing in environmental values, in P. McDonagh & A. Prothero (eds) Green management a reader, The Dryden Press, London.
Maunders, K.T. & Burritt, R.L. (1991)," Accounting and ecological crisis", Accounting Auditing & Accountability Journal, vol. 4, no. 3, pp. 9-26.
Morgan, G. (1988), "Accounting as reality construction: towards a new epistemology for accounting practice", Accounting, Organizations and Society, vol.13, no. 5, pp. 477- 485.
. Mai, J. (2013) The Quality and Qualities of Information, Journal of the American society for information science and technology, 64(4):675–688.
. Miller, H. (1996) The Multiple Dimensions of Information Quality, information Systems Management.
. Milne, M.J. & Gray, R. (2007), “Future prospects for corporate sustainability reporting”, Sustainability Accounting and Accountability, vol. 1, pp. 184-207.
. Parker, L. (2000a), “Green strategy costing: early days”, Australian Accounting Review, vol. 10, no. 1, pp. 46-55.
Prothero, A. & McDonagh, P. (1992), “Producing Environmentally Acceptable Cosmetics? The Impact of Environmentalism on the United Kingdom Cosmetics and Toiletries Industry”, Journal of Marketing Management, vol. 8, no. 2, p. 147-166.
Rahahleh, M.Y. (2011), “Means for Implementation of Environmental Accounting Jordanian Perspectives”, International Journal of Business and Management, vol. 6, no. 3, pp. 124-135.
. Rattanaphaphtham, K. & Kunsrison, R. (2011), “Environmental information disclosure quality, competitive advantage and sustainable growth of Thai listed 186
firm: perspective of resource based view”, Journal of International business and Economics, vol. 11, no. 3, pp. 134-146.
Rockness, J. W. (1985), “An Assessment of the RelationshipBetween USCorporate Environmental Performance and Disclosure”, Journal of Business Finance & Accounting, vol. 12, no. 3, pp. 339-354.
Rogers, G. & Kristof, J. (2003), “Reducing Operational and Product Costs through Environmental Accounting”, Environmental Quality Management, vol. 12, no. 3, pp. 17-42.
Slone, J. P.(2006) Information quality strategy: an empirical investigation of the relationship between information quality improvements and organisational outcomes, Degree Doctor of Philosophy Dissertation, Capella University
Sekaran , U and Bougie., R (2010), Research Methods For Business : A Skill – Building Approach, 5th edition,( John Wiley and Sons , InC).
Spence, C. (2007), “Social and environmental reporting and hegemonic discourse”, Accounting, Auditing & Accountability Journal, vol. 20, no. 6, pp. 855-882.
53. Steadman, M.E., Green, R.F. & Zimmerer, T.W. (1995), “Advising your clients about environmental accounting issues”, Managerial Auditing Journal, vol. 10, no. 8, pp. 52-55.
Teoh, H. Y. & Thong, G. (1984), “Another look at corporate social responsibility and reporting: an empirical study in a developing country”, Accounting, Organizations and Society, vol. 9, no. 2, pp. 189-206.
Toms, J.S. (2002), “Firm resources, quality signals and the determinants of corporate environmental reputation: some UK evidence”, British Accounting Review, vol. 34, no. 3, pp. 257-282.
Ullmann, A. E. (1985), “Data in search of a theory: a critical examination of the relationships among social performance, social disclosure and economic 190 performance of US firms”, Academy of Management Review, vol. 10, no. 3, pp. 540-557.
Yakhou, M. & Dorweiler, V.P. (2004), “Environmental accounting: an essential component of business strategy”, Business Strategy and the Environment, vol. 13, no. 2, p. 65-77.
Zeghal, D. & Ahmed, S. A. (1990), “Comparison of social responsibility information disclosure media used by Canadian firms”, Accounting, Auditing & Accountability Journal, vol. 3, no. 1, pp. 38-53.
