Lookup NU author(s): Dr Habiba Al-Shaer,
Dr Aly Salama
This is the authors' accepted manuscript of an article that has been published in its final definitive form by Emerald Publishing Limited, 2017.
For re-use rights please refer to the publisher's terms and conditions.
Purpose- To examine the determinants of the volume of environmental disclosures and their quality, with particular focus on the role of audit committees and the effects of the Smith Report recommendations for the UK Corporate Governance Code. Design/methodology/approach – Quantitative large sample analysis of UK FTSE350 companies for the period 2007-2011. Findings – Firms with higher quality audit committees make higher quality disclosures. Larger firms with block shareholders have greater volume of disclosures, whilst audit committee quality does not increase disclosure volume. Research limitations/implications – Findings are based on evidence from single country and imply further international comparative research. Practical implications - Audit committees mitigate the requirement for prescriptive legislation on narrative accounting disclosures relating to environmental issues. Originality/value – Contributes to research that has examined the relationship between corporate governance mechanisms, specifically audit committees, and the quality of financial reporting by considering voluntary narrative disclosures on environmental matters. Keywords: Audit Committees, Financial Reporting Social and Environmental Disclosure, Voluntary disclosure narrative.
Author(s): Al-Shaer H, Salama A, Toms S
Publication type: Article
Publication status: Published
Journal: Journal of Applied Accounting Research
Print publication date: 13/02/2017
Acceptance date: 02/08/2015
Date deposited: 24/01/2017
ISSN (print): 0967-5426
ISSN (electronic): 1758-8855
Publisher: Emerald Publishing Limited
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