Corporate Environmental Disclosures about the Effects of Climate Change

被引:301
|
作者
Stanny, Elizabeth [1 ]
Ely, Kirsten [1 ]
机构
[1] Sonoma State Univ, Business Dept, Rohnert Pk, CA 94928 USA
关键词
voluntary disclosure; environmental reporting; institutional investors; climate change; corporate sustainability;
D O I
10.1002/csr.175
中图分类号
F [经济];
学科分类号
02 ;
摘要
We examine factors associated with the US S&P 500 firms' decisions to disclose information about the current and projected effects of climate change to institutional investors. Through the Carbon Disclosure Project, 315 institutional investors representing 41 trillion USD in assets asked the largest public firms to respond to a questionnaire about climate change. We explore whether firms' disclosures directed specifically to institutional investors are related to factors that have been found to explain voluntary disclosures to investors in general. In particular, we consider factors related to the level of scrutiny, since extant literature predicts that the cost of not disclosing increases with level of scrutiny. We find that size, previous disclosures and foreign sales are related to whether firms disclose information about climate change requested by institutional investors through the Carbon Disclosure Project. Copyright (C) 2008 John Wiley & Sons, Ltd and ERP Environment.
引用
收藏
页码:338 / 348
页数:11
相关论文
共 50 条
  • [1] Does managerial ability matter for corporate climate change disclosures?
    Daradkeh, Hussein
    Shams, Syed
    Bose, Sudipta
    Gunasekarage, Abeyratna
    [J]. CORPORATE GOVERNANCE-AN INTERNATIONAL REVIEW, 2023, 31 (01) : 83 - 104
  • [2] Relationship between Corporate Climate Change Disclosures and Firm Factors
    Eleftheriadis, Iordanis M.
    Anagnostopoulou, Evgenia G.
    [J]. BUSINESS STRATEGY AND THE ENVIRONMENT, 2015, 24 (08) : 780 - 789
  • [3] Climate Change Denial and Corporate Environmental Responsibility
    Afzali, Mansoor
    Colak, Gonul
    Vahamaa, Sami
    [J]. JOURNAL OF BUSINESS ETHICS, 2024,
  • [4] Factors Influencing Corporate Environmental Disclosures
    Wegener, Matt
    Elayan, Fayez A.
    Felton, Sandra
    Li, Jingyu
    [J]. ACCOUNTING PERSPECTIVES, 2013, 12 (01) : 53 - 73
  • [5] Corporate governance and environmental performance and disclosures
    Cong, Yu
    Freedman, Martin
    [J]. ADVANCES IN ACCOUNTING, 2011, 27 (02) : 223 - 232
  • [6] The Effects of Climate Change Policy on the Business Community: A Corporate Environmental Accounting Perspective
    Evangelinos, Konstantinos
    Nikolaou, Ioannis
    Leal Filho, Walter
    [J]. CORPORATE SOCIAL RESPONSIBILITY AND ENVIRONMENTAL MANAGEMENT, 2015, 22 (05) : 257 - 270
  • [7] Climate change and corporate social responsibility: The intersection of corporate and environmental law
    Bubna-Litic, Karen
    [J]. ENVIRONMENTAL AND PLANNING LAW JOURNAL, 2007, 24 (04):
  • [8] Corporate funding and ideological polarization about climate change
    Farrell, Justin
    [J]. PROCEEDINGS OF THE NATIONAL ACADEMY OF SCIENCES OF THE UNITED STATES OF AMERICA, 2016, 113 (01) : 92 - 97
  • [9] RELATIONSHIP BETWEEN CORPORATE PERFORMANCE, CLIMATE CHANGE DISCLOSURES AND CARBON INTENSITY OF BUSINESS ACTIVITIES
    Eleftheriadis, Iordanis M.
    Anagnostopoulou, Evgenia G.
    Diavastis, Ioannis E.
    [J]. INNOVATION, ENTREPRENEURSHIP AND SUSTAINABLE VALUE CHAIN IN A DYNAMIC ENVIRONMENT, 2015, : 760 - 772
  • [10] Impact of external assurance on corporate climate change disclosures: new evidence from Finland
    Dutta, Probal
    Dutta, Anupam
    [J]. JOURNAL OF APPLIED ACCOUNTING RESEARCH, 2021, 22 (02) : 252 - 285