Malaysian property development companies do not appear to respond to the increased
public concern due to recent landslide incidents by increasing the extent or quality of environmental
disclosures in their annual reports. Both extent and quality of environmental disclosures are very low and
most companies provide mostly ‘‘soft’’ disclosures. They also make very few ‘‘hard’’ disclosures,
comprising objective, verifiable data. Thus, the Malaysian Government needs to seriously consider
making environmental reporting mandatory and to provide more detailed and comprehensive
environmental reporting guidelines. Another major finding is that companies are not consistent in the
extent, nature or quality of environmental disclosures made over time