The trend in CSR disclosures by industry type
According to Cooke (1989), the disclosure of information may not be identical
throughout all sectors of the economy. Deegan and Gordon (1996) also recommend that
an industry whose activities modify or affect the environment might disclose more
detailed social responsibility information than the companies in other industries.
Deegan and Gordon’s finding is reinforced by a study conducted by Ness and Mizra
(1991) which found companies in the oil industry were disclosing more
environment-related information than companies in other industries.