The extent of environmental disclosures: effects of regulatory costs and level of exposure to environmental risk

Ahmed Riahi-Belkaoui

International Journal of Environmental Technology and Management, 2001, vol. 1, issue 1/2, 75-86

Abstract: This paper examines the relation between environmental disclosures resulting from environmental legislation and the regulatory costs and level of the environmental exposure for a sample of 51 US chemical firms. The results show that environmental disclosures included as discretionary disclosures in the 10-K reports in 1984 prior to the enactment of SARA (The Superfund Amendments and Reauthorization Act of 1985 and 1986) are related positively to regulatory costs and the level of exposure to environmental risk as measured by the logarithm of chemical revenues. A primary contribution of this research is a verification of the discretionary disclosure and legitimacy theses.

Keywords: environmental disclosure; environmental legislation; Superfund; discretionary disclosure thesis; legitimacy thesis. (search for similar items in EconPapers)
Date: 2001
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
http://www.inderscience.com/link.php?id=741 (text/html)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ids:ijetma:v:1:y:2001:i:1/2:p:75-86

Access Statistics for this article

More articles in International Journal of Environmental Technology and Management from Inderscience Enterprises Ltd
Bibliographic data for series maintained by Sarah Parker ().