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dc.contributor.authorMitchell, Jason
dc.contributor.authorPercy, Majella
dc.contributor.authorMcKinlay, Bridget
dc.date.accessioned2018-10-11T06:00:44Z
dc.date.available2018-10-11T06:00:44Z
dc.date.issued2006
dc.date.modified2010-01-25T06:50:41Z
dc.identifier.issn10374124
dc.identifier.urihttp://hdl.handle.net/10072/28455
dc.description.abstractWe investigate the relationship between 'poor' environmental performance and voluntary environmental disclosures in annual reports of Australian listed companies. 'Poor' environmental performance is defined as those instances where companies have been subject to a successful Environmental Protection Agency (EPA) prosecution at any time between 1994 and 1998. This area of research is important as the Parliamentary Joint Statutory Committee for Corporations and Securities (PJSC) recently concluded that a voluntary system of environmental disclosure would encourage 'better' companies to achieve 'best practice' in this area. Effective 1 July 1998, s299(1)(f) of the Corporations Law required details of a company's performance in relation to environmental legislation to be included in the Directors' Report. Due to the ambiguity in how the provision is to be interpreted it was referred to the PJSC which recommended that s299(1)(f) be removed. However, it still remains effective. Consequently, this study investigates what disclosure is in fact made in the period leading up to the mandatory requirements. Results reveal that violating firms' annual reports are limited to copious amounts of positive environmental disclosures of a general nature, with virtually no disclosure about the actual EPA violations. We conclude therefore that it is unlikely that voluntary environmental reporting creates a situation of adequate and appropriate disclosure for poor environmental performers let alone encouraging 'better' firms to achieve 'best practice'.
dc.description.peerreviewedYes
dc.description.publicationstatusYes
dc.languageEnglish
dc.language.isoeng
dc.publisherLexisNexis
dc.publisher.placeAustralia
dc.publisher.urihttps://www.lexisnexis.com.au/en/products-and-services/lexisnexis-journals/australian-journal-of-corporate-law
dc.relation.ispartofstudentpublicationN
dc.relation.ispartofpagefrom182
dc.relation.ispartofpageto215
dc.relation.ispartofissue2
dc.relation.ispartofjournalAustralian Journal of Corporate Law
dc.relation.ispartofvolume19
dc.rights.retentionY
dc.subject.fieldofresearchSustainability Accounting and Reporting
dc.subject.fieldofresearchAccounting, Auditing and Accountability
dc.subject.fieldofresearchBusiness and Management
dc.subject.fieldofresearchLaw
dc.subject.fieldofresearchcode150106
dc.subject.fieldofresearchcode1501
dc.subject.fieldofresearchcode1503
dc.subject.fieldofresearchcode1801
dc.titleVoluntary Environmental Reporting Practices: A Further Study of 'Poor' Environmental Performers
dc.typeJournal article
dc.type.descriptionC1 - Articles
dc.type.codeC - Journal Articles
dc.description.versionVersion of Record (VoR)
gro.rights.copyright© 2006 Lexis Nexis Australia. The attached file is reproduced here in accordance with the copyright policy of the publisher. Please refer to the journal website for access to the definitive, published version.
gro.date.issued2006
gro.hasfulltextFull Text
gro.griffith.authorPercy, Majella


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