Grameen Bank's social performance disclosure : responding to a negative assessment by Wall Street Journal in late 2001

Islam, Muhammad Azizul and Mathews, Martin Reginald 2009, Grameen Bank's social performance disclosure : responding to a negative assessment by Wall Street Journal in late 2001, Asian review of accounting, vol. 17, no. 2, pp. 149-162.

Attached Files
Name Description MIMEType Size Downloads

Title Grameen Bank's social performance disclosure : responding to a negative assessment by Wall Street Journal in late 2001
Author(s) Islam, Muhammad Azizul
Mathews, Martin Reginald
Journal name Asian review of accounting
Volume number 17
Issue number 2
Start page 149
End page 162
Publisher Emerald Group Publishing Ltd
Place of publication Bingley, England
Publication date 2009
ISSN 1321-7348
1758-8863
Keyword(s) banks
disclosure
annual reports
Bangladesh
Summary Purpose: The aim of this paper is to establish a linkage between negative global media news towards Grameen Bank (GB), the largest microfinance organisation in the developing world, and the extent and type of annual report social performance disclosures by GB, over the nine-year period 1997-2005.

Design/methodology/approach: Content analysis instruments are utilised to analyse GB annual report social disclosure.

Findings: The study finds that GB's community poverty alleviation disclosures account for the highest proportion of total social disclosures in the period 1997-2005. The results of this study are particularly significant in relation to poverty alleviation – the issue attracting severe criticism from the Wall Street Journal (WSJ?) late in 2001. The community poverty alleviation disclosures by GB are significantly greater over the four years following the negative news in the WSJ than in the four years before. The results suggest that GB responds to a negative media story or legitimacy threatening news via annual report social disclosures in an attempt to re-establish its legitimacy.

Originality/value: This paper contributes to the literature because in the past there has been no research published linking global media attention to the social disclosure practices of major organisations in developing countries.
Language eng
Field of Research 150199 Accounting, Auditing and Accountability not elsewhere classified
Socio Economic Objective 910499 Management and Productivity not elsewhere classified
HERDC Research category C1 Refereed article in a scholarly journal
Copyright notice ©2009, Emerald Group Publishing Limited
Persistent URL http://hdl.handle.net/10536/DRO/DU:30025497

Document type: Journal Article
Collections: Faculty of Business and Law
School of Accounting, Economics and Finance
Connect to link resolver
 
Unless expressly stated otherwise, the copyright for items in DRO is owned by the author, with all rights reserved.

Versions
Version Filter Type
Citation counts: Scopus Citation Count Cited 1 times in Scopus
Google Scholar Search Google Scholar
Access Statistics: 421 Abstract Views, 5 File Downloads  -  Detailed Statistics
Created: Thu, 18 Mar 2010, 10:13:49 EST by Gloria Stevenson

Every reasonable effort has been made to ensure that permission has been obtained for items included in DRO. If you believe that your rights have been infringed by this repository, please contact drosupport@deakin.edu.au.