Secrecy versus Transparency: A Comparative Study of Social and Environmental Disclosure Practice in Croatian and Swedish Corporations
2012 (English)In: Journal of East-West Business, ISSN 1066-9868, E-ISSN 1528-6959, Vol. 18, no 4, 321-336 p.Article in journal (Refereed) Published
Both agency, institutional, and cultural factors seem to explain transparency and disclosure practice. The aim of this study is to make a comparative study of disclosure practice among listed corporations in Croatia and Sweden. The study shows that Swedish corporations disclose significantly more social disclosures than Croatian corporations. Size and industry have a strong explanatory power in Sweden. In Croatia, industry has some explanatory power but surprisingly not firm size. However, unlike Sweden, the variable audit firm has an explanatory power in Croatia.
Place, publisher, year, edition, pages
Taylor & Francis Group, 2012. Vol. 18, no 4, 321-336 p.
accounting values, audit firm, comparative study, cultural dimensions, harmonization, social disclosures
Social Sciences Economics and Business
IdentifiersURN: urn:nbn:se:liu:diva-86323DOI: 10.1080/10669868.2012.747119OAI: oai:DiVA.org:liu-86323DiVA: diva2:576483