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Sustainability of Shipping Companies in Malaysia
Nur Aqilah Binti Maidin
Supervisor: Mdm Fatimah Shahman
Dr Shayuti Mohamed Adnan
Bachelor of Accounting
School of Maritime Business and Management
In December 2017, Malaysian has been shocked by the coastal erosion happen in
Terengganu. The residents of Kuala Nerus concern about the roads connecting the coast
of Mengabang Telipot and Pengkalan Maras will be cut off seems to be reality as if the
road to the beach is less than 50 meters long and the waves has swept over 25 yards of
sand in the blink of an eye. Coastal erosion is the wearing a way of material from a coastal
profile including the removal of beach, sand dunes, sediment by wave action, tidal
current, wave currents, drainage or high winds. In Malaysia, the coastal erosion happens
because of the climate change during September to February. Many people especially the
nearest residents were affected as some of their house were destroyed by the disaster. In
order to overcome this problems, Government has hire some Shipping Companies to do
dredging work to replenish sand on beaches, where sand has been lost because of coastal
erosion. Surely, the Shipping Companies will receive a lot of provision and funds to do the
work. However, if there were excess money, where the money go? Did the money go back
to the society and environment or it used for another unknown purpose? Thus, the
researched were conducted to study about the sustainability of the Shipping Company.
This researched purpose is to investigate if Shipping Companies provide any disclosure
relating its contribution to society and environment in their annual report and website
disclosure. The data will be collected through content analysis, a research method for
studying documents and communication artifacts which can be texts of various formats,
pictures, audio or video in the Shipping Companies’ website and annual report. The
researches results are expected to provide valuable insights to relevant units in the
government to improve the corporate social responsibility of the shipping companies.
Moreover, it will also provide evidence regarding the contribution to society in order to
make sure that the society is being taken care off and there were no deception in the
project.
1512 | UMT UNDERGRADUATE RESEARCH DAY 2018