Deegan (2007) also gives a similar definition to social and environmental reporting as corporate social responsibility disclosure, and the term corporate social responsibility itself has been defined in a variety of ways. For example, the Word Business Council for Sustainable Development (WBCSD, 1999) defines corporate social and environmental reporting as the continuing commitment by business to behave ethically and to contribute to economic development while improving the quality of life of the workforce and their families as well as of the local community and of society at large. Parker (1986) describes corporate social and environment disclosure as the reporting by corporations on the social impact of corporate activities, and the effectiveness of corporate social programs, as a way corporation’s discharging of its social responsibilities, and the stewardship of its social resources.