INVESTIGATING THE DEVELOPMENT OF ENVIRONMENTAL DISCLOSURES BY OIL AND GAS COMPANIES OPERATING IN LIBYA: A COMPARATIVE STUDY

Yıl 2012, Cilt: 4 Sayı: 1, 1 - 10, 01.06.2012

Ali Al-drugi Hafez Abdo

Öz

This paper concerns oil and gas companies operating in Libya. It investigates the
relationship between the level of environmental disclosure and company
characteristics. The researchers identified a number of characteristics that
associated with companies’ environmental disclosure, namely, company size,
company privatisation, company age and company’s nationality. In the light of the
empirical results it is noticed that almost all companies disclose some
environmental information. In addition a significant positive association was
found between level of environmental disclosure and company size, company
privatisation and company’s nationality. The study provides further evidence that
these characteristics are important and have an impact on the level and value of
environmental disclosure. On the other hand it was found that age of company is
insignificant and negatively related to the level of environmental disclosure.

Anahtar Kelimeler

Disclosure, Environmental, Gas, Libya, Oil

Kaynakça

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