Corporate disclosure in relation to combating corporate bribery: A case study of two Chinese telecommunications companies

Islam, Muhammad Azizul, Haque, Shamima, Dissanayake, Thusitha, Leung, Philomena, & Handley, Karen (2015) Corporate disclosure in relation to combating corporate bribery: A case study of two Chinese telecommunications companies. Australian Accounting Review, 25(3), pp. 309-326.

View at publisher


This paper investigates the association between global community concerns about bribery activities and anti-bribery disclosure practices by two Chinese telecommunication companies operating internationally, namely China Mobile and ZTE. Based on content analysis of annual reports and global news media articles over a period of 16 years from 1995-2010, the findings suggest that the changes in the level of disclosures by the two major Chinese telecommunications companies were closely associated with the level of international concerns over bribery practices within the Chinese telecommunications industry. This finding indicates that the companies adopt anti-bribery disclosure practices in order to minimise the gap of trust (Social capital) between companies themselves and global stakeholders. In this paper we argue that, for domestic companies in China, culturally constructed social capital, such as guanxi, creates a level of trust between managers and their stakeholders, which obviates the need for managers to disclose anti-bribery performance information. However, for companies operating internationally, as social capital is inadequate to bridge the gap of trust between managers and global stakeholders, managers use disclosures of anti-bribery performance information as a way to minimise such a gap.

Impact and interest:

1 citations in Scopus
Search Google Scholar™

Citation counts are sourced monthly from Scopus and Web of Science® citation databases.

These databases contain citations from different subsets of available publications and different time periods and thus the citation count from each is usually different. Some works are not in either database and no count is displayed. Scopus includes citations from articles published in 1996 onwards, and Web of Science® generally from 1980 onwards.

Citations counts from the Google Scholar™ indexing service can be viewed at the linked Google Scholar™ search.

ID Code: 91144
Item Type: Journal Article
Refereed: Yes
Keywords: corporate disclosure, corporate bribery, Chinese telecommunications companies
DOI: 10.1111/auar.12064
ISSN: 1835-2561
Subjects: Australian and New Zealand Standard Research Classification > COMMERCE MANAGEMENT TOURISM AND SERVICES (150000) > ACCOUNTING AUDITING AND ACCOUNTABILITY (150100)
Divisions: Current > QUT Faculties and Divisions > QUT Business School
Deposited On: 11 Dec 2015 03:51
Last Modified: 26 Jun 2017 14:01

Export: EndNote | Dublin Core | BibTeX

Repository Staff Only: item control page