A Stakeholder Perspective of Material Disclosure Thresholds for Environmental Events

Abstract

The threshold for the disclosure of environmental events in corporate reports is of fundamental importance. Recent government and professional reports (ICAA, 1998; and Victoria Parliament, 1999) have suggested that perhaps environmental events should be disclosed by entities at lower threshold levels than those suggested for the disclosure of economic events. The materiality research reveals that, from the perspective of stakeholders, economic events with thresholds of 5% should be disclosed. In this study the nature of thresholds pertinent to environmental events are considered. Stakeholder groups, shareholders, shareholder/environmentalists and environmentalists, indicate, through stated and revealed research methods, that the threshold level for disclosing an environmental event is significantly less than the regulated threshold for economic events.

Citation

Faux, J. (2002), "A Stakeholder Perspective of Material Disclosure Thresholds for Environmental Events", Asian Review of Accounting, Vol. 10 No. 2, pp. 3-16. https://doi.org/10.1108/eb060755