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Professor Richard Slack - 21 October 2010

Professor of Accounting, Newcastle Business School
The use and usefulness of social and environmental disclosure
Starts at 6.30pm
 

Dr Richard Slack, Professor of Accounting
Over the last two decades there has been a significant increase in voluntary accounting disclosure, in particular social and environmental disclosure, made by companies within their annual report or through other public sources such as their website.

This lecture will examine the reasons behind this increase and will explain the influences of media reporting on corporate disclosure and the complex, but hugely important, issues of reputation and legitimacy management. This will raise issues of whether such reporting is a more superficial device rather than a true reflection of an organisation’s social and environmental footprint.

The lecture will highlight some specific instances of the use made by organisations of social and environmental disclosure in sectors ranging from football to financial services. In the football sector, the use of social projects and related disclosure will be examined as football has sought to change its image. Within the financial services sector the lecture will highlight the strategic use of philanthropy and related social disclosure and its influence within the demutualisation debate – a rare instance within UK corporate history of general public interest in the legal form of an organisation.

Finally, the lecture will examine the usefulness of such disclosure to business stakeholders, in particular its usefulness to financial markets. For instance, given the huge financial impact of the Gulf of Mexico oil spill, it would be hoped that environmental and related risk disclosure would indeed be useful.

The lecture will be held in Lecture Theatre 002, Newcastle Business School/School of Law building on City Campus East. Light refreshments will be served afterwards.


If you would like to attend, please contact daniel.j.sherliker@northumbria.ac.uk or telephone (0191) 227 3945 by Thursday 14 October.

  

Date posted: October 26, 2009

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