Determinants of Environmental Disclosure and their Impact on the Degree of Environmental Cost Disclosure Case study: Zawia Oil Refining Company

Abstract

The study aimed to determine the degree of awareness of employees in the financial management of Zawia Oil Refining Company of the importance of environmental disclosure about the company’s environmental costs، and identifying the most important factors that hinder environmental disclosure of the environmental costs of Zawia Oil Refining Company. As well as knowing the impact of environmental accounting disclosure determinants on the degree of disclosure of environmental costs for Zawia Oil Refining Company، the study found that disclosing environmental costs contributes to improving the company's image in its environment، so those responsible for the company should disclose environmental costs in the company's financial statements. Strengthening local legislation and laws related to environmental disclosure، obligating the company to disclose the company’s environmental disclosure in its financial statements، and increasing the company’s management’s interest in environmental disclosure. Considering it part of its culture to gain the support of parties related to the company and enhance its position in the industry، and supporting the company's direction towards sustainable development by taking into account contributions to environmental activities and allocating budgets to spend on environmental projects within the company's social responsibility.