Download or read book Firm Characteristics and Corporate Environmental Disclosure Practices in India written by Mitali Sen and published by . This book was released on 2014 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The growing global concern towards corporate environmental disclosure has led to the voluntary reporting of environmental information by Indian companies as well. However, the nature and content of disclosure vary across industries and firms, and these variations can be attributed to various firm specific factors. The present study therefore aims at identifying the influence of firm-specific factors on environmental disclosure made by select Indian companies. The firm-specific characteristics identified for the study are firm size, profitability, leverage, effective tax rate and liquidity. Environmental disclosure is measured by developing an environmental disclosure index based on prior literature. The sample for the study comprises select companies chosen from ten environmentally sensitive industries, viz., distillery, sugar, fertilizer, pulp and paper, chlor alkali, pharmaceuticals, dyes and dye intermediates, pesticides, oil and refinery and petrochemicals. Consequently, a multiple regression analysis has been conducted to assess the relationship between the corporate characteristics and environmental disclosure. The findings of the study show that the influential variables for explaining firms' variation in environmental disclosure are effective tax rate, liquidity and leverage.
Download or read book Corporate Environmental Disclosure Corporate Governance and Firm Characteristics written by Santanu Kumar Ghosh and published by . This book was released on 2018 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate environmentalism is an aspect of good corporate citizenship that revolves around the concept of sustainability. This study examines the determinants of corporate environmental responsibility and the economic benefits attached to it. The study focuses on the disclosure aspect of corporate environmentalism and how corporate governance practices of companies from polluting as well as non-polluting industries in India influence the voluntary environmental disclosure quality. The findings reveal significant impact of ownership concentration and public shareholding on voluntary environmental disclosures, but independent directors are found to have no impact on voluntary environmental disclosures in both polluting and non-polluting industries.
Download or read book Social and Environmental Disclosure by Chinese Firms written by Yingjun Lu and published by Routledge. This book was released on 2014-03-26 with total page 248 pages. Available in PDF, EPUB and Kindle. Book excerpt: Given the increased social and environmental problems in China, this book looks into the social and environmental (environmental) disclosure practices of socially responsible Chinese listed firms by constructing a stakeholder-driven, three-dimensional, disclosure index. The book contains a three-part study: the first part explores the current status of social and environment disclosure practices. The second part empirically examines the relationship between corporate social and environmental disclosure and various influencing factors (i.e. stakeholders’ power and corporate characteristics). The third part empirically examines the link between corporate social responsibility (CSR) reporting (i.e. publishing a CSR report and the quality of the CSR report) and socially responsible reputation. The book finds that the CSR report provided more stakeholder-relevant social and environmental disclosure than the annual report. It also finds that corporate characteristics such as firm size, profitability and industry classification are all statistically significant factors influencing social and environmental disclosure of the Chinese firms studied. Shareholders significantly influenced firms’ social and environmental disclosure, and creditors significantly influenced firms’ disclosure related to their environmental performance. The final part of the study reports that publishing a CSR report and CSR reporting quality had a positive influence on firms’ socially responsible reputation and that the CEO/chairman duality negatively influenced firms’ socially responsible reputation. The book also highlights that financial performance and firm size were the two corporate characteristics that had a positive influence on corporate socially responsible reputation. This book will be of interest to those who are keen to learn more about corporate social responsibilities in the context of Chinese firms.
Download or read book A Study of Corporate Environmental Disclosure Practices of Companies Doing Business in India written by Barnali Chaklader and published by . This book was released on 2013 with total page 0 pages. Available in PDF, EPUB and Kindle. Book excerpt: There is a growing pressure from the stakeholders, particularly government and international funding agencies to publish environmental report. Environmental reporting and disclosure practices are means of communicating to the stakeholders about the impact of the organisation's actions on the environment. The reporting can be done in the form of financial or non financial reporting. We have conducted a study on 50 companies on the basis of turnover from the list brought out by ET 500. We have studied the environmental disclosure practices of Indian companies and also the impact of different independent variables on environmental disclosure index (EDI). Based on review of literature, we have identified the independent variables as profitability, size, type of industry, financial leverage, multinational status and environmental certification. We have constructed year wise pooled regression model with EDI as dependent variables and profitability, size, type of industry, financial leverage, multinational status and environmental certification as independent variables. We find that in all the four years, size and environmental certification are statistically significant at 1% level and is positively associated with EDI. This indicates that bigger sized companies and the environmentally certified companies by an external agency disclose more of environmental information. Environmental certification reduces the agency cost as it reduces the monitoring cost since the firms voluntarily follow a set of externally set of measured objectives. No other variable was found to be significant. We have tried to link our findings with legitimacy theory and agency theory.
Download or read book Environment Management and Corporate Disclosures written by G. S. Batra and published by Deep and Deep Publications. This book was released on 2007 with total page 192 pages. Available in PDF, EPUB and Kindle. Book excerpt: Study on the environmental management strategies and environmental disclosure practices of various corporate enterprises in India, Singapore and Malaysia.
Download or read book Firm Characteristics and Environmental Disclosure Practices written by Harjeet Kaur and published by . This book was released on 2002 with total page 130 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Firm Size Corporate Governance and Disclosure Practices written by Pankaj M. Madhani and published by . This book was released on 2016 with total page 28 pages. Available in PDF, EPUB and Kindle. Book excerpt: Corporate governance and disclosure practices of firms are influenced by various internal and external variables. Among these, firm characteristics such as size, age, leverage, origin and types of firms viz. public sector, private sector and foreign firms. Also have major impact on disclosure practices of firms. As there is no much research from Indian context regarding impact of specific firm characteristics such as firm size on corporate governance and disclosure practices of firms, this study aims to contribute to the understanding of this relationship. This study focuses on corporate governance practices of sample firms listed in Bombay Stock Exchange (BSE). The sample comprises 9 sectors selected from S&P BSE sectoral indices to study impact of firm size (both in terms of fixed assets as well as gross sales) on corporate governance practices of firms. By analyzing the impact of firm size on corporate governance and disclosure practices of firms, this research identifies and tests the empirical evidence for such relationship.
Download or read book Environmental Disclosure Environmental Performance and Firm Characteristics written by Adam J. Sulkowski and published by . This book was released on 2014 with total page 3 pages. Available in PDF, EPUB and Kindle. Book excerpt: Environmental protection and sustainable development have become an important issue in today's global economy. However, there are only limited requirements for environmental disclosure for publicly-held firms in the United States. This study first measures the environmental disclosure of S&P 100 firms based on keyword frequency count of their 10k reports from 2004 to 2008. It also examines the relationships between environmental disclosure, firm performance and firm characteristics. Our results indicate that environmental disclosure actually has a significant negative impact on firm performance after controlling for firm size, growth and leverage. The results imply that more environmental disclosure may indicate potential environmental problems within the firm and that this may hamper the firm's financial performance. We also find that better-performing firms and highly-leveraged firms tend to have lower environmental disclosures. It implies that these firms may have better compliance with environmental laws and regulations.
Download or read book Environmental Disclosure Practices and Financial Performance written by Khondkar Karim and published by Bloomsbury Publishing USA. This book was released on 2004-10-30 with total page 146 pages. Available in PDF, EPUB and Kindle. Book excerpt: Understanding environmental liability and disclosure is critical for firm management, investors, accountants and auditors. The U.S. Congress has been increasing the pressure on companies to disclose information on environmental liabilities for years. This study delves into the issue by examining the impact of environmental disclosure on financial performance. These insightful essays provide guidance by supplying the most current and concise research available on this important topic. Covering such topics as legislation, liability, and regulations, this work analyzes how environmental disclosure influences the financial statements and public accountability of companies, and ultimately drives organizational change. This book builds the framework necessary to comprehend the complexities of quantifying environmental liabilities and make well-informed decisions.
Download or read book Corporate Disclosure Concepts And Practices written by Pankaj M. Madhani and published by . This book was released on 2008-08-06 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: As financial reporting and disclosure are potentially important means for management to communicate firm s performance and value to outside investors, increased disclosure practices will help in reducing information gap between firm and its stakeholders.
Download or read book The Relation Among Firm s Characteristics Environmental Performance and Environmental Disclosure written by Sulaiman Abdul-Aziz Al-Tuwaijri and published by . This book was released on 1998 with total page 320 pages. Available in PDF, EPUB and Kindle. Book excerpt:
Download or read book Environmental Disclosure and Financial Characteristics of the Firm written by Andreas Andrikopoulos and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: Drawing on the importance of social accounting for sustainable development, we study practices of environmental disclosure on the websites of companies listed on the Copenhagen Stock Exchange. The first part of this paper produces and discusses descriptive evidence on environmental reporting practices by listed companies with respect to the content of disclosed information. We then undertake an explanatory task in order to identify the factors that determine environmental reporting for firms listed on the Copenhagen Stock Exchange. Firm size, financial leverage, the market-to-book ratio, and profitability are significantly associated with the breadth environmental disclosure.
Download or read book Corporate Environmental Accounting Information Disclosure in the Nigeria Manufacturing Firms written by Grace N. Ofoegbu and published by . This book was released on 2017 with total page 13 pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examined the influence of firm characteristics on the quality of Corporate Environmental Accounting Information Disclosure (CEAID) in the Nigeria manufacturing companies. Ex-post facto and content analysis research designs were adopted. The study collected panel data for seven year period covering 2008-2014 from the annual reports of 10 quoted selected manufacturing firms. The study applied the use of Weight Average Environmental Disclosure Index to measure the quality of CEAID based on financial disclosure. The pooled panel data least square regression model was used to estimate the influence of the independent variable on the dependent variables. The results strongly showed that firm financial performance has a significant impact on the quality of CEAID, but firm size had no impact on the quality of CEAID. The descriptive analysis showed that the highest quality of CEAID as examined using the Global Reporting Initiative and IS0 14301 environmental requirement is far below standard at 2.5%. The study concluded that voluntary CEAID alone would not enhance the quality of CEAID in the manufacturing firms in Nigeria.
Download or read book Factors Influencing Environmental Accounting and Disclosure Practices in India written by B. Omnamasivaya and published by . This book was released on 2016 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt: The study examines the factors determining the level of environmental disclosure information by taking a sample of NIFTY 50 companies from National Stock Exchange (NSE). The environmental information disclosure is measured by using an Environmental Accounting Disclosure Index (EADI) and the variables used in the study are profitability, corporate size, age, financial leverage, industry type, legal ownership and foreign operations. The relationship is tested using multiple regression analysis. The results show that there is a positive relationship between EADI and profitability, financial leverage, industry type and legal ownership, and a negative relationship between EADI and corporate size, age and foreign operations.
Download or read book Stakeholders Power Corporate Characteristics and Social and Environmental Disclosure written by Yingjun Lu and published by . This book was released on 2014 with total page 45 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper investigates the influences of stakeholders' power and corporate characteristics on social and environmental disclosure practices of socially responsible Chinese listed firms identified by a social responsibility ranking list. A stakeholder-driven, three-dimensional social and environmental disclosure index including disclosure quantity, disclosure type quality and disclosure item quality, is constructed to assess sample firms' social and environmental disclosures in their two public reports: annual reports and corporate social responsibility reports. Findings indicate that corporate social and environmental disclosures have significant and positive associations with firm size, profitability, and industry classification. The roles of various powerful stakeholders in influencing corporate social and environmental disclosures are found to be generally weak in China, except that shareholders have influenced corporate social and environmental disclosures and creditors have influenced corporate disclosures related to firms' environmental performance.
Download or read book Corporate Social Responsibility Concepts Methodologies Tools and Applications written by Management Association, Information Resources and published by IGI Global. This book was released on 2018-07-06 with total page 1689 pages. Available in PDF, EPUB and Kindle. Book excerpt: The decisions a corporation makes affect more than just its stakeholders and can have wide social, environmental, and economic consequences. This facilitates a business environment built around the practical regulations and transparency necessary to ensure ethical and responsible business practice. Corporate Social Responsibility: Concepts, Methodologies, Tools, and Applications is a vital reference source on the ways in which corporate entities can implement responsible strategies and create synergistic value for both businesses and society. Highlighting a range of topics such as company culture, organizational diversity, and human resource management, this multi-volume book is ideally designed for business executives, managers, business professionals, human resources managers, academicians, and researchers interested in the latest advances in organizational development.
Download or read book Environmental Accounting and Reporting written by Alok Kumar Pramanik and published by Deep and Deep Publications. This book was released on 2002 with total page 536 pages. Available in PDF, EPUB and Kindle. Book excerpt: This book covers almost all the aspects of Environmental Accounting and Reporting system prevailing in India and abroad. The book deals with Environmental Accounting and Reporting Environmental Auditing for Effective Corporate Management Environmental Accounting and Audit.
