Greener Journal of Business and Management Studies Vol. 7 (1), pp. 001-016, February 2017
ISSN: 2276-7827 © 2017 Greener Journals
Manuscript Number: 011417005
Contribution of the Saudi Private Sector Companies in the activities of Social and Environmental Responsibilities, and the Extent of Accounting Disclosure "An Empirical Case Study"
Dr. Mohammed Al Moutaz Al Mujtaba Ibrahim1* and
Dr. Nimat Mohamed Saeed Bushara2
1Department of Accounting, College of Financial and Administration, Taif University, KSA
2Department of Business Administration, College of Financial and Administration, Taif University, KSA
This study investigates the role of Saudi participant companies in the activities of social responsibility and the extent of accounting disclosure. The study used the comprehensive scientific method and the required data for achieving the aim of the study were conducted from research society via questionnaire designed and improved for this study. The sample is randomly chosen and it is about 200 people represented in financial managers of industrial and agricultural companies included under Saudi stock markets and reviewers beside the Saudi academic professors at Saudi universities, and for testing hypotheses of this study, Kolomgrov-Smirmov is used to make sure that the data are subjected to the normal distribution or not, however the test has shown that the data are not subjected to the normal distribution, therefore data were analyzed by statistical method rather than laboratory and One Sample Wilcoxon Signed Ranks Test For Mediumi is used and the outcome of the study is that, the Saudi participant companies help in social services and maintaining the environment, beside fighting poverty and unemployment in addition to health care and educational services to the citizens.
Key words: Saudi private sector companies, social responsibility, accounting disclosure, environmental.
Instructions for the Intergovernmental Panel on international accounting standards. "The accounting treatment of the costs of the environment" / publications of the Arab Society of Certified Public Accountants (ASCA), and the United Nations (UN). / 2009, (in Arabic).
Abu Baker, Nafez Ibrahim, "A study on the social recognition and disclosure by public limited companies in Jordan: a survey of Empiricism", Journal of Studies of Management Sciences, Volume 27, Issue 1, 2000, (in Arabic).
Directory of industrial companies in the Kingdom of Saudi Arabia / 2009, (in Arabic).
Public Shareholding Companies Guide for Saudi Arabia in 1996,(in Arabic).
Rajab, Dr. Mahmoud Abdul-Aziz, "The results included within the environment of social responsibility accounting", the scientific journal of economy and trade - Faculty of Commerce - Ain Shams University, 1999, (in Arabic).
Samarah, Amin, "the social dimension of companies, institutions, measured in terms of money", Journal of the auditor, number (20), May 1993,(in Arabic).
Nour, Abdalanasser. "Accounting environment and its impact on productivity," chartered accountant Arab - No. 109, the first quarter / 1999, (in Arabic).
Obaid, Yahya Hussein, "Accounting on pollution", Egyptian Journal of Commercial Studies - University of Mansoura Faculty of Commerce, Volume IV, Issue I / 1999,(in Arabic).
Arab, Mohammed Bakr, "The role of corporations in social activities in the Sultanate of Oman - a field study, administrative - Issue 66 / September 2003, (in Arabic).
Alam, Mohammad Nabil, "The Limits of Corporate Social Responsibility - frame of mind to review the social performance of business organizations in the developing world", Public Administration, Institute of Public Administration, No. 72, October 2009,(in Arabic).
Saudi Companies Act for the year 2009, Riyadh, Saudi Arabia,(in Arabic).
Mohamed Ibrahim Tuwaijri, "social responsibility in the private sector in the Kingdom of Saudi Arabia", Arab Journal of Management, Volume 12, Issue IV, 1999, (in Arabic).
Mattar, Mohamed, "Social responsibility accounting", Journal of the Arab Society of Certified Public Accountants - Issue 114 the second quarter / 2001,(in Arabic).
Khalid Mustafa Mahmoud Ibrahim, the accounting framework of the social activity of the economic unit, (Cairo: Zagazig University, unpublished Master Thesis, 1987) ,(in Arabic).
Youssef Farag Johmani, Accounting social responsibility in the Jordanian public shareholding companies, (Jordan: Yarmouk University, Yarmouk Research Journal, Volume 12, Issue 4, Year 1996) ,(in Arabic).
Omar Abdul-Karim al-Shibli, measurement and report accounting for the social responsibility theory and practice, (Khartoum: University of Niles, unpublished Master Thesis, 1996,(in Arabic).
Huda Ahmed Saleh Diab, review the social and environmental performance in business organizations, for-profit, (Khartoum: University of Omdurman Islamic university, unpublished Ph.D. thesis, 2003) ,(in Arabic).
Abdullah Hamid Mahgoub, A general framework for environmental accounting, analytical study, (Khartoum-Omdurman Islamic University, unpublished Master Thesis,2002) ,(in Arabic).
Andrew B H , F A (JE, J Guthrie Y teoh 2002. A Note on Corporate Social Disclosure Practices in Developing Countries. The Case of Malaysia and Singapore. British Accounting Rèview,2 1: 371-376.
Buchhoz R.," Business Environment and Policy" ”, Englewood Cliffs, New Jersey, Prentice-Hall, inc., 1992.
Dey C. , Evans R. & Gray R. “ Towards social information systems and bookkeeping: A Note on developing the mechanisms for social accounting and audit “. Dundee 1) discussion Papers in Accounting l3usiness Finance, 2005.
Ernst and Ernst. 1972-1978 Social Responsibility Disclosut:c, SURVEY OF fortune 500 Annual Reports. Ernst and Ernst Cleveland, 011.
Gray Rob, Kouhy R., Layers Simon, “Corporate Social and Environmental Reporting “‘Accounting, Auditing& Accountability Journal,Vol..8,No2/2009
Gray Rob, Kouhy R. , Layers Simon , “Constructing a research database of social and environmental reporting by UK companies” , Accounting , uditing & Accountability Journal , Vol. 8, No 2, 1995
Gray R., bwen P. & Maunders K. “ Corporate Social Reporting: ermine trends in accountability. and the: contract Accounting, Auditing, and Accountancy Journal 2008, Vol.1, No. 1.
Jeffrey S. & Angelo J., “Employee Responsibilities and Rights Journal”, September 1998, No 3.
Jones C. “ Corporate Social Accounting and the Capitalist enterprise “ in Cooper D.J. & T.M. Hoppers (Eds), Critical Accounts (Basingstoke: Macmillan) 2000.
Lynn, M 1992 A Note on Corporate Social Disclosure in Hong g. British Accounting Review , 24: 105-1 10.
Owen D.L & R.I1. Gray “Environmental Reporting Awards: Profession Fails to Rise to the Challenge “ Certified Accountant, April 2004.
Reynard P. “The New Economics Foundation’s Social Audit :Auditing the Auditors?” Social and Environmental Accounting , Vol. 15 ,1995, No. 1.
Teoh, H Y and G Thong. 2003 Another Look at Corporate Social Responsibility and reporting: An Empirical Study in a Developing Country. Accounting, Organizations and Society, 9:189-206.
Thomas M. Jones, “ Corporate Social Responsibility Revisited, Redefined “, California Management Review Spring, 2004, Vol.22. No. Tinker A.M. , Lehman C. & Seamark M. “Corporate Social Reporting: Falling down the hole in the middle of the road” Accounting ,Auditing & Accountability Joumal2001 , Vol. 4 ,No.1.
Alan J. Richardson and Michael Welker” Social Disclosure and the Cost of Capital “ Accounting Organization and Society 26(2001), p p.597-616Locate - aoswww.elsevier com.
Kathleen Hethcox, Blackburn, Richaed, A. Riley, Jan R.Williams, “ Accounting for Small Business Social Environmental Issues: Part Social Environmental Reporting and Disclosure “. National Public Accounting, Vol43, No6, (august 1998).
Carlos Mendoza “The Soci-Integrated Balance of Management : A Business Contribution to Social Performance of Social Systems”, Spain, International Sociological Association, (1998) http:--legend .kacst.edu.sa-cgi-bin-webspirs.cgi
Joel A, Hochman,“ Cleaning Up Environmental Accounting”, National Public Accounting , Vol,43,No4 ,(June,2004).
Menantrau -Horta,-Dario, " Income Distribution and Social Well Being as Indicators of Social Performance” U.K, International Sociological Association (ISA),(2008) http:--legend.kacst.edu.sal
J.Gibbon, PL Joshi, ‘A Survey of Environmental Accounting and Reporting in Bahrain ,” U.K. Journal of Applied Accounting Research. (2002) http:www.accountingeducation.com.journals
Neva, Fernando Liena, “ Environmental Disclosure in The Annual Reports of Large Companies in Span”, U.K European ,Accounting Review (2000) http:--www.accounting eduaction .com
Bryn W. Husted “A Contingency Theory of Corporate Social performance” United States ,Business & Society,(2000) http:--legend.kacst.edu.sa-cgi-bin-webspirs.cgi
Jules Pretty, Hugh, Ward . “Social Capital and the Environment “ U.K world Development ,Vol29,Issuse(2),
(February, 2001) http:--www.elsevier.com
Susan B. Hughes, Ailison Anderson, Sarah Golden, “Corporate Environmental Disclosure : are They Useful in Determining Environmental Performance”, U.K journal of Accounting and Public Policy (2001) .http:--www.accountingeducation.com
Geln Lehman, “ Reclaiming The Public Sphere : Problems and Prospects for Corporate Social and Environmental Accounting “,U.K Critical Perspective on Accounting(2001),
Jennifer Griffin, John Hanon ,” The Corporate Social Performance & Corporate Financial Performance Debate: Twenty-five Years of Incomparable Research”, United-States, Business & Society, (1997)http:--legend.kacst.edu.sa-cgi-bin-webspirs.cgi.