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Lookup NU author(s): Dr Neveen Abdelrehim
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License (CC BY-NC-ND).
This paper draws on neo-Durkheimian institutional theory to identify patterns of social relations within the Burmah Oil Company Limited (BOC) in the period 1971-1976 and to assess whether the risk perceptions and the approaches to risk management discussed within the risk disclosures for the BOC annual reports are consistent with the patterns of social relations. Using archival sources the dominant pattern of social relations in the period 19711973 is identified as hierarchical and in the period 1974-1976 as isolate; the change in the pattern of social relations resulting from the BOC tanker fleet crisis in 1974. Significantly, the annual report risk disclosures are found to be consistent with the dominant patterns of social relations. Much prior risk disclosure research has focused on examining the principal characteristics of risk disclosures and testing for associations between volumes of risk disclosures and firm characteristics. This study suggests neo-Durkheimian institutional theory may offer a causally-based explanation for annual report risk disclosures.
Author(s): Abdelrehim N, Linsley P, Verma S
Publication type: Article
Publication status: Published
Journal: The British Accounting Review
Print publication date: 01/01/2017
Online publication date: 22/10/2016
Acceptance date: 22/10/2016
Date deposited: 05/12/2017
ISSN (print): 0890-8389
ISSN (electronic): 1095-8347
Publisher: Academic Press
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