Corporate social disclosure of construction companies in Malaysia / Tamoi Janggu

This study examines the social and environmental disclosures of 37 construction companies listed on Malaysian Stock Exchange from 1998 to 2002. The main objective is to investigate the extent to which Malaysian construction companies disclose social and environmental information and to find out whether the amount of disclosure have relationship with the company’s characteristics; size, profitability, leverage, audit firm and ownership.The result provides strong evidence that total CSD is positively related to companies’ size and profitability. This implies that larger and more profitable corporations disclose more social and environmental information signaling that they are responsible corporate citizen. Trend analysis of data further confirms that construction companies especially company majority own by ‘corporate owner’ in Malaysia are aware of their social responsibility but still at low level.