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The impact of social and economic development on corporate social and environmental disclosure in Hong Kong and the UK.

Xiao, Jason Zezheng; Gao, Simon S; Heravi, Saeed; Cheung, Yuk C Q

Authors

Jason Zezheng Xiao

Saeed Heravi

Yuk C Q Cheung



Abstract

This study compares corporate social and environmental disclosure
(CSED) in Hong Kong (HK) and the U.K. through a content analysis of
334 annual reports prepared by 69 listed companies over the period of
1993–1997. We find that U.K. and HK companies differed in the amount,
theme and location of CSED, and that there was an upward trend in the
amount of CSED in both U.K. and HK firms during the five-year period,
although U.K. firms increased more than HK firms. We argue that HK
and U.K.’s different stages of social and economic development, by creating
differential pressures and demand for CSED and exposing companies
to differential political costs and legitimacy threats, contributed
towards these differences in CSED.

Citation

Xiao, J. Z., Gao, S. S., Heravi, S., & Cheung, Y. C. Q. (2005). The impact of social and economic development on corporate social and environmental disclosure in Hong Kong and the UK. Advances in international accounting, 18, 219-243. https://doi.org/10.1016/S0897-3660%2805%2918011-8

Journal Article Type Article
Publication Date Aug 1, 2005
Deposit Date Feb 26, 2008
Print ISSN 0897-3660
Peer Reviewed Peer Reviewed
Volume 18
Pages 219-243
DOI https://doi.org/10.1016/S0897-3660%2805%2918011-8
Keywords corporate; social; economic development; disclosure; Hong Kong; UK;
Public URL http://researchrepository.napier.ac.uk/id/eprint/2111
Publisher URL http://dx.doi.org/10.1016/S0897-3660(05)18011-8