Corporate social and environmental disclosure in developing countries Evidence from Iran.docVIP

Management Science Letters 3 (2013) 135–146 Contents lists available at GrowingScience Management Science Letters homepage: www.GrowingS/msl Corporate social and environmental disclosure in developing countries: Evidence from Iran Ghodratollah Talebnia , HamidReza Vakilifard , Ahmad Yaghoubnezhad and Razieh Alikhani a a b c* a b Faculty Members of Department of Accounting, Science and Research Branch, Islamic Azad University, Tehran, Iran Faculty Member of Islamic Azad University, Central Branch, Tehran, Iran c PhD student, Department of Accounting, Science and Research Branch, Islamic Azad University. Tehran, Iran C H R O N I C L E A B S T R A C T Article history: This research aims to investigate the extent of social and environmental disclosure (SED) in corporate annual reports. Specifically, This is an exploratory study designed to examine the Received April 23, 2012 Received in revised format 22 October 2012 Accepted 26 October 2012 Available online October 31 2012 Keywords: Social and Environmental Disclosure Content Analysis Company attributes Developing Countries relationship between corporate social and environmental disclosure (CSED) and corporate attributes and firm-specific factors in a developing country, Iran. In order to do this, we use content analysis approach with sentence count for the level of disclosure measurement by looking into the annual reports of the 66 listed companies in Tehran Stock Exchange. The Panel analysis and econometric software EVIEWS 6 are used for analyzing data. The Results show that there is significant positive relationship between company size and level of CSED also there is significant negative relationship between environment sensitive industries and