Sustainability disclosure among Malaysian Shari’ah-compliant listed companies: Web reporting

This paper advances previous research of sustainability disclosure by focusing on information disclosed in the companies’ web site rather than through annual reports. Despite looking at the listed companies in general, this study attempts to consider the practice of disclosing sustainability information in the Malaysian Shari’ah-Compliant listed companies, which represented 87% of the total listed securities or 64.3% of the market capitalization on Bursa Malaysia web site.This study used Islamicity Disclosure Index consists of Shari’ah Compliance Indicator, Corporate Governance Index and Social/Environmental Index, and the data is analysed using a content analysis.The results of the study suggest that the sustainability disclosure by Malaysian Shari’ah-compliant listed companies fall significantly on corporate governance index themes, followed by social/environmental index themes.However, Malaysian Shari’ah-compliant listed companies did not clearly disclose the items under Shari’ah compliance index.Contrary to our expectation, most of the companies disclose the items measured in the annual reports linked to the companies’ web site and are thus not fully in the web site

Sustainability Disclosure among Malaysian Shari’ah-Compliant listed Companies: Web Reporting

This paper advances previous research of sustainability disclosure by focusing on informationdisclosed in the companies’ web site rather than through annual reports. Despite looking at thelisted companies in general, this study attempts to consider the practice of disclosing sustainabilityinformation in the Malaysian Shari’ah-Compliant listed companies, which represented87% of the total listed securities or 64.3% of the market capitalization on Bursa Malaysia website. This study used Islamicity Disclosure Index consists of Shari’ah Compliance Indicator,Corporate Governance Index and Social/Environmental Index, and the data is analysed using acontent analysis. The results of the study suggest that the sustainability disclosure by MalaysianShari’ah-compliant listed companies fall significantly on corporate governance index themes,followed by social/environmental index themes. However, Malaysian Shari’ah-compliant listedcompanies did not clearly disclose the items under Shari’ah compliance index. Contrary to ourexpectation, most of the companies disclose the items measured in the annual reports linked tothe companies’ web site and are thus not fully in the web site

Costing practices: The case of hotel industry in Malaysia

With escalating competition in the hotel industry, the hotel management should put more emphasis on management and accounting techniques such as cost system design to create and sustain competitive advantage. This study investigates the practice of costing method adopted by hotel industry in Malaysia. The survey method is used to achieve the objective of the study and 274 hotels were selected as sample. This study employs descriptive analysis to explain the costing practice. The results of the study indicate that most of the hoteliers are still practicing the traditional method of costing. However, activity based costing has been practiced by a few hoteliers and a few more are looking forward to implement it in the future. Operation costing and job order costing are the most preferable costing method used in hotel industry. For overhead costs allocation, this study found that the majority of hoteliers use activity allocation and multiple allocation method and direct labor is reported as the most preferable allocation base

Corporate social responsibility disclosure in the annual reports of Malaysian companies: a longitudital study

Corporate social responsibility (CSR) has a long history in both practices and research in advanced countries, mostly in Europe and the United States, However, in Malaysia, very few empirical studies are available on CSR practices. This study investigates and examines the development of CSR practice in Malaysian companies. The trend of CSR disclosure in annual reports for a five-year period from 1995 to 1999 has been reviewed to find out whether there are any changes in themes, locations or form of disclosure throughout the interval. The results show that the disclosure levels in Malaysia is considered low whereby less than 30 percent of companies studied made the CSR disclosure every year. The results also show that Malaysian companies prefer to disclose CSR in the Chairman's Statement, Financial Statement and Director's Report in the form of narrative information. Human resources, community involvement and environment were identified as the most popular themes. The findings reveal that the hotel, finance and construction sectors provide a higher percentage of CSR disclosure

Sustainability disclosure among Malaysian Shari'ah compliant listed companies: Web reporting

This paper advances previous research of sustainability disclosure by focusing on information disclosed in the companies' web site rather than through annual reports.Despite looking on the listed companies in general, this study attempts to consider the practice of disclosing sustainability information in the Malaysian Shari'ah-Compliant listed companies, which represented 87% of the total listed securities or 64.3% of the market capitalization on Bursa Malaysia web site. By using Islamicity Disclosure Index which classified sustainability information into three themes, namely Shari'ah Compliance, corporate governance index and social/environmental index, this study used content analysis to measure the quantity of the sustainability disclosure.The results of the study suggest that the sustainability disclosure by Malaysian Shari'ah compliant listed companies fall significantly on corporate governance index themes, followed by social/environmental index themes.However, Malaysian Shari'ah compliant listed companies did not clearly disclose the items under shari'ah compliance index.Contrary to our expectation, most of the companies disclose the items measured in the annual reports linked to the companies' web site and are thus not fully in the web site.Based on these findings, we hope that Malaysian Shari'ah compliant listed companies have some benchmark to meet the expectations of the Islamic community in terms of sustainability disclosure