— This paper investigates the social and environmental disclosure practices of two large multinational companies, specifically Nike and Hennés & Mauritz. Utilising a joint consideration of legitimacy theory and media agenda setting theory, we investigate the linkage between negative media attention, and positive corporate social and environmental disclosures. Our results generally support a view that for those industry-related social and environmental issues attracting the greatest amount of negative media attention, these corporations react by providing positive social and environmental disclosures. The results were particularly significant in relation to labour practices in developing countries -the issue attracting the greatest amount of negative media attention for the companies in question.
|Number of pages||18|
|Journal||Accounting and Business Research|
|Publication status||Published - 2010|
- Developing country
- Media agenda
- Multinational buying company
- Social and environmental disclosure