An-Najah Blogs :: An-Najah Blogs :: en-us Fri, 30 Oct 2020 04:01:22 IST Fri, 30 Oct 2020 04:01:22 IST Corporate Social Reporting and Disclosure Practice in Jordan: An Empirical Investigation Articles The purpose of this study is to expand our knowledge about corporate social reporting and disclosure as an emerging accounting issue and about Jordan\s response to such an issue This study is based upon all 143 of the available 1996 annual reports of publicly-listed Jordanian shareholding companies JSCs from the four industry groupings ie industrial financial services and insurance The findings show that the sampled annual reports made some sort of corporate social disclosure CSD However CSD seems to have received modest attention from most companies in Jordan in terms of the space devoted and subjects covered by such disclosure in annual reports This does not mean that all JSCs ignore CSD since there is a solid but small core of JSCs from banks and industrial companies who have articulated their CSD responsibilities in a convincing manner The themes most commonly disclosed across the four industry groupings were human resources and community involvement Environmental disclosure needs much more attention by the JSCs Significant differences among the various industry groupings were noted with respect to the amounts methods and locations of CSD in annual reports Corporate Social Responsibility and Accountability As a Comprehensive Approach for Developing Reporting and Disclosure Practices in Jordan Articles The purpose of this study was twofold: First to assess the current framework of corporate reporting and disclosure practices of the large companies operating in Jordan in light of the country\s economic social and political environment It highlighted possible limitations of this framework and suggested an alternative approach that may provide a more relevant and adequate basis for such practices Second to explore the views amongst a sample of members of the accounting community in Jordan on: a the nations of corporate social responsibility and accountability b the disclosure of corporate social responsibility information c the possibility that legal and professional requirements calling for the disclosure of such information might be feasible and d the possibility of implementing such a sort of disclosure in Jordan The findings of the study suggest that a disclosure wider than one restricting itself to a consideration of a very limited set of stakeholders i e providers of finance within a strictly economic domain required of large businesses in a developing country like Jordan Thus an extension of the existing disclosure and reporting practices to include corporate social responsibility information is proposed The findings also show that a vast majority of respondents are willing to accept that companies should disclose social responsibility information although they tend to believe that these corporations would be unwilling to disclose this type of information without legal and professional pressures Finally participants agree that members of society other than providers of finance should have the right to information concerning actions for which the company may be held responsible