Secrecy versus Transparency : A Comparative Study of Social and Environmental Disclosure Practice in Croatian and Swedish Corporations

• 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.

Ämnesord

SAMHÄLLSVETENSKAP  -- Ekonomi och näringsliv (hsv//swe)

SOCIAL SCIENCES  -- Economics and Business (hsv//eng)

Nyckelord

accounting values

audit firm

comparative study

cultural dimensions

harmonization

social disclosures

Publikations- och innehållstyp

ref (ämneskategori)

art (ämneskategori)