Journal of Accounting, Finance and Economics
Vol. 6. No. 1., March 2016, Pages: 88 – 100
Environmental Disclosure: The Case of Jordanian Chemical Industry
Basman Jalal Mazahrih, Daas Ibrahim Katrib and Tamer Mazyad Rfaah
This paper investigates the quality of environmental reporting information by chemical industry in Jordan. The focus is on prescribed accounting principles and reporting practices. Content analysis is utilized to examine and critique evidence. The study demonstrates the extent of environmental reporting in two companies’ annual reports at both national and international levels. The environmental reporting performance is measured against the literature and international initiatives. Results show differences between the two levels with regard to the quality, content and profile disclosure. The main reason for such variation in reporting could be attributed to the voluntary nature of environmental disclosure. In the absence of legislation regarding environmental disclosure, doubts remain about the likelihood of better quality reporting.