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Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad

This study investigates whether firms increase their carbon disclosure to gain the attention of stakeholder and whether the pattern of disclosure is symbolic or substantive. Content analysis of the annual and sustainability reports of forty-two aerospace, air courier and airlines companies listed on...

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Main Authors: Faisal, Faisal, Fithriani, Hasna Azizah, Achmad, Tarmizi
Format: Article
Language:English
Published: Universiti Teknologi MARA Cawangan Sarawak 2016
Subjects:
Air transportation. Airlines
Management of airlines
Online Access:https://ir.uitm.edu.my/id/eprint/105761/1/105761.pdf
https://ir.uitm.edu.my/id/eprint/105761/
https://ijsmssarawak.com/
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id my.uitm.ir.105761
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spelling my.uitm.ir.1057612024-11-02T01:52:42Z https://ir.uitm.edu.my/id/eprint/105761/ Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad ijsms Faisal, Faisal Fithriani, Hasna Azizah Achmad, Tarmizi Air transportation. Airlines Management of airlines This study investigates whether firms increase their carbon disclosure to gain the attention of stakeholder and whether the pattern of disclosure is symbolic or substantive. Content analysis of the annual and sustainability reports of forty-two aerospace, air courier and airlines companies listed on Forbes 2000 was conducted to measure and compare disclosure practices in 2011 and 2013. The descriptive statistics and Wilcoxon signed-rank test were carried out to answer the research questions. We found that firms do increase their carbon disclosure in sustainability reports only. In spite of the fact that previous studies have generally stated that disclosures have been used by corporations as a tool to legitimize their actions, the results of our study differ slightly. A more carbon-intensive industry such as aerospace, air courier and airlines has disclosed substantive information in relation to carbon. This study suggests that stronger requirements from regulators such as compliance obligations to disclose substantive information are most likely to make firms more accountable in their carbon disclosures. This result indicates that companies from this industry have made a substantial commitment to carbon reduction. This finding supports decision-makers, in particular regulators, to continue to institutionalize carbon regulation. It also provides empirical evidence of patterns of carbon disclosure in a specific industry. Universiti Teknologi MARA Cawangan Sarawak 2016-12 Article PeerReviewed text en https://ir.uitm.edu.my/id/eprint/105761/1/105761.pdf Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad. (2016) International Journal of Service Management and Sustainability (IJSMS) <https://ir.uitm.edu.my/view/publication/International_Journal_of_Service_Management_and_Sustainability_=28IJSMS=29/>, 1 (1): 3. pp. 37-47. ISSN 2550-1569 https://ijsmssarawak.com/
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Air transportation. Airlines
Management of airlines
spellingShingle Air transportation. Airlines
Management of airlines
Faisal, Faisal
Fithriani, Hasna Azizah
Achmad, Tarmizi
Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
description This study investigates whether firms increase their carbon disclosure to gain the attention of stakeholder and whether the pattern of disclosure is symbolic or substantive. Content analysis of the annual and sustainability reports of forty-two aerospace, air courier and airlines companies listed on Forbes 2000 was conducted to measure and compare disclosure practices in 2011 and 2013. The descriptive statistics and Wilcoxon signed-rank test were carried out to answer the research questions. We found that firms do increase their carbon disclosure in sustainability reports only. In spite of the fact that previous studies have generally stated that disclosures have been used by corporations as a tool to legitimize their actions, the results of our study differ slightly. A more carbon-intensive industry such as aerospace, air courier and airlines has disclosed substantive information in relation to carbon. This study suggests that stronger requirements from regulators such as compliance obligations to disclose substantive information are most likely to make firms more accountable in their carbon disclosures. This result indicates that companies from this industry have made a substantial commitment to carbon reduction. This finding supports decision-makers, in particular regulators, to continue to institutionalize carbon regulation. It also provides empirical evidence of patterns of carbon disclosure in a specific industry.
format Article
author Faisal, Faisal
Fithriani, Hasna Azizah
Achmad, Tarmizi
author_facet Faisal, Faisal
Fithriani, Hasna Azizah
Achmad, Tarmizi
author_sort Faisal, Faisal
title Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
title_short Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
title_full Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
title_fullStr Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
title_full_unstemmed Carbon disclosure practices of Aerospace and Airlines companies: substantive or symbolic legitimation / Faisal Faisal, Hasna Azizah Fithriani and Tarmizi Achmad
title_sort carbon disclosure practices of aerospace and airlines companies: substantive or symbolic legitimation / faisal faisal, hasna azizah fithriani and tarmizi achmad
publisher Universiti Teknologi MARA Cawangan Sarawak
publishDate 2016
url https://ir.uitm.edu.my/id/eprint/105761/1/105761.pdf
https://ir.uitm.edu.my/id/eprint/105761/
https://ijsmssarawak.com/
_version_ 1814939971648225280
score 13.211869

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