Social Accountability through Information Disclosure in Annual Reports

Main Article Content

Sannudee Selaratana

Abstract

This research explores social and environmental disclosure in annual reports of listed companies in the resource industry on the Stock Exchange of Thailand in order to learn what social and environmental information was disclosed and whether companies used this channel to represent their social accountability. Content analysis was conducted. The topics studied consisted of environment; human resources; community involvement; products, services and customers; ethical issues; and accounting information. Findings reveal that the information disclosed was mainly about companies’ responsibilities and commitments towards their stakeholders.
In addition, companies informed what they plan to do for the society and environment. However, the companies did not disclose much about what they had done. At present, annual reports may not be the right communication tool for social accountability. The information disclosed is insufficient enough to fulfill social accountability mechanisms. Other sources such as sustainability reports provide more useful information.

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How to Cite
Selaratana, S. (2019). Social Accountability through Information Disclosure in Annual Reports. University of the Thai Chamber of Commerce Journal Humanities and Social Sciences, 37(3), 128–142. Retrieved from https://so06.tci-thaijo.org/index.php/utccjournalhs/article/view/177827
Section
Research Articles

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