Abdelrehim, N, Maltby, J and Toms, JS (2015) Narrative reporting and crises: British Petroleum and Shell, 1950–1958. Accounting History, 20 (2). 138 - 157. ISSN 1032-3732
Abstract
Narrative reporting has been identified as potentially playing one of two contrasting rather than complementary roles: incremental information (II) and impression management (IM). II denotes the disclosure of information needed to help in investors’ decision-making, whilst IM relates to its selective use in enhancing reputation or protecting from criticism. They can be linked with, but are not confined to, Corporate Social Responsibility (CSR). This article examines the use of narrative reporting by British Petroleum (BP) and Shell during two significant crises, the Iranian nationalization of oil supplies (1950–51) and the Egyptian nationalization of the Suez Canal (1956–57). The impact of these differed for the two companies because of the importance to each of Iran and of oil supplies from the Eastern Hemisphere. An analysis of their disclosure suggests that both, in different ways, varied their narrative in response to the threats presented by the two episodes, and that there is scope for further investigation of this form of reporting.
Metadata
Item Type: | Article |
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Authors/Creators: |
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Copyright, Publisher and Additional Information: | (c) 2014, The Author(s). This is an author produced version of a paper published in Accounting History. Uploaded in accordance with the publisher's self-archiving policy. |
Keywords: | Crises; Financial reporting; Impression management; Investor information; Narrative reporting; Nationalization; Oil industry |
Dates: |
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Institution: | The University of Leeds |
Academic Units: | The University of Leeds > Faculty of Business (Leeds) > Accounting & Finance Division (LUBS) (Leeds) |
Depositing User: | Symplectic Publications |
Date Deposited: | 23 Sep 2015 15:56 |
Last Modified: | 17 Jan 2018 10:01 |
Published Version: | http://dx.doi.org/10.1177/1032373214563323 |
Status: | Published |
Publisher: | SAGE |
Identification Number: | 10.1177/1032373214563323 |
Open Archives Initiative ID (OAI ID): | oai:eprints.whiterose.ac.uk:85772 |