nach oben

Journal of Business Ethics

Erschienen in:

01.05.2014

A Descriptive Analysis of Environmental Disclosure: A Longitudinal Study of French Companies

verfasst von: Elisabeth Albertini

Erschienen in: Journal of Business Ethics | Ausgabe 2/2014

Einloggen

Aktivieren Sie unsere intelligente Suche, um passende Fachinhalte oder Patente zu finden.

search-config

KI-gestützte Suche

Aus

Abstract

For the last 15 years, companies have extensively increased their environmental disclosure relative to their environmental strategy in response to institutional pressures. Based on a computerized content analysis of the annual reports of the 55 largest French industrial companies, we describe environmental disclosure with respect to the different strategies implemented by companies over a period of 6 years. The results show that environmental disclosure becomes more and more technical and precise for all the companies. Environmental innovations are presented as a means of increasing energy efficiency and of obtaining a competitive advantage in green market products. The environmental management system implemented by proactive companies allows them to improve their environmental performance. However, the results show that the economic situation significantly influences the way environmental issues are addressed.

Vorheriger Artikel Procedural and Distributive Fairness: Determinants of Overall Price Fairness

Nächster Artikel An Analysis of the Effect of Culture and Religion on Perceived Corruption in a Global Context

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Online-Abonnement

Mit Springer Professional "Wirtschaft+Technik" erhalten Sie Zugriff auf:

über 102.000 Bücher
über 537 Zeitschriften

aus folgenden Fachgebieten:

Automobil + Motoren
Bauwesen + Immobilien
Business IT + Informatik
Elektrotechnik + Elektronik
Energie + Nachhaltigkeit
Finance + Banking
Management + Führung
Marketing + Vertrieb
Maschinenbau + Werkstoffe
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Springer Professional "Wirtschaft"

Online-Abonnement

Mit Springer Professional "Wirtschaft" erhalten Sie Zugriff auf:

über 67.000 Bücher
über 340 Zeitschriften

aus folgenden Fachgebieten:

Bauwesen + Immobilien
Business IT + Informatik
Finance + Banking
Management + Führung
Marketing + Vertrieb
Versicherung + Risiko

Jetzt Wissensvorsprung sichern!

Jetzt informieren

Nur mit Berechtigung zugänglich

Aerts, W., Cormier, D., & Magnan, M. (2009). Media legitimacy and corporate environmental communication. Accounting, Organizations and Society, 34(1), 1–27.CrossRef

Ann, G. E., Zailani, S., & Wahid, N. A. (2006). A study on the impact of environmental management system (EMS) certification towards firm’s performance in Malaysia. Management of Environmental Quality, 17(1), 73–93.CrossRef

Benzécri, J. P. (1992). Correspondence analysis handbook. New York: Marcel Dekker.

Berelson, B. (1952). Content analysis in communication research. New York: Hafner.

Berthelot, S., Cormier, D., & Magnan, M. (2003). Environmental disclosure research: Review and synthesis. Journal of Accounting Literature, 22, 1–44.

Blacconiere, W. G., & Patten, D. M. (1994). Environmental disclosure, regulatory costs, and changes in firm value. Journal of Accounting and Economics, 18(3), 357–377.CrossRef

Bolden, R., & Moscarola, J. (2000). Bridging the quantitative-qualitative divide: The lexical approach to textual data analysis. Social Science Computer Review, 18(4), 450–460.CrossRef

Bournois, F., & Point, S. (2006). A letter from the president: Seduction, charm and obfuscation in French CEO letters. Journal of Business Strategy, 27(6), 46–55.CrossRef

Brown, N., & Deegan, C. (1998). The public disclosure of environmental performance information—A dual test of media agenda setting theory and legitimacy theory. Accounting and Business Research, 1, 21–41.CrossRef

Bynum, D., Campbell, E., Jacques, M., & Lober, D. J. (1997). The 100 plus corporate environmental report study: A survey of an evolving environmental management tool. Business Strategy and the Environment, 6(2), 57–73.

Carruthers, B. G. (1995). Accounting, ambiguity, and the new institutionalism. Accounting, Organizations and Society, 20(4), 313–328.CrossRef

Cho, C. H., & Patten, D. M. (2007). The role of environmental disclosure as tools of legitimacy: A research note. Accounting, Organizations and Society, 32(7–8), 639–647.CrossRef

Cho, C. H., Roberts, R. W., & Patten, D. M. (2010). The language of US corporate environmental disclosure. Accounting, Organizations and Society, 35, 431–443.CrossRef

Christmann, P., & Taylor, G. (2002). Globalization and the environment: Strategies for international voluntary environmental initiatives. Academy of Management Executive, 16(3), 121–135.CrossRef

Collison, D. J., Lorraine, N. H., & Power, D. M. (2004). An analysis of the stock market impact of environmental performance information. Accounting Forum, 28(1), 7–26.CrossRef

Cordeiro, J. J., & Sarkis, J. (1997). Environmental proactivism and firm performance: Evidence from security analyst earnings forecasts. Business Strategy and the Environment, 6(2), 101–114.

Cordeiro, J. J., & Sarkis, J. (2001). An empirical evaluation of environmental efficiencies and firm performance: Pollution prevention versus end of pipe practice. European Journal of Operational Research, 16(1), 102–113.

Cormier, D., & Magnan, M. (1999). Corporate environmental disclosure strategies: Determinants, costs and benefits. Journal of Accounting, Auditing & Finance, 14(4), 429–451.

Cormier, D., & Magnan, M. (2003). Environmental reporting management: A continental European perspective. Journal of Accounting and Public Policy, 22(1), 43–62.CrossRef

Cormier, D., Magnan, M., & Velthoven, B. V. (2005). Environmental disclosure quality in large german companies: Economics incentives, public pressures or institutional conditions. European Accounting Review, 14(1), 3–39.CrossRef

Deegan, C. (2002). Introduction: The legitimizing effect of the social and environmental disclosure: A theoretical foundation. Accounting, Auditing and Accountability Journal, 15(3), 282–311.CrossRef

Deegan, C., & Gordon, B. (1996). A study of the environmental disclosure practices of Australian corporations. Accounting and Business Research, 26(3), 187–199.CrossRef

Dooley, R. S., & Lerner, L. D. (1994). Pollution, profits, and stakeholders: The constraining effects of economic performance on CEO concern with stakeholder expectations. Journal of Business Ethics, 13(9), 701–711.CrossRef

Fiol, C. M. (1989). A semiotic analysis of corporate language: Organizational boundaries and joint venturing. Administrative Science Quaterly, 34(2), 277–303.CrossRef

Franzosi, R. (2010). Quantitative narrative analysis. Quantitative applications in the social sciences (pp 175). Thousand Oaks: Sage Publications (162).

Freedman, M., & Patten, D. M. (2004). Evidence of the pernicious effect of financial report environmental disclosure. Accounting Forum, 28(1), 27–41.CrossRef

Gamble, G. O., Hsu, K., Kite, D., & Radtke, R. R. (1995). Environmental disclosure in annual reports and 10 Ks: An examination. Accounting Horizons, 9(3), 34–54.

Ghobadian, A., Viney, H., Liu, J., & James, P. (1998). Extending linear approaches to mapping corporate environmental behaviour. Business Strategy and the Environment, 7(1), 13–23.CrossRef

Grafström, M., & Windell, K. (2011). The role of infomediaries: CSR in the business press during 2000–2009. Journal of Business Ethics, 103(2), 221–237.CrossRef

Gray, R., Javad, M., Power, D. M., & Sinclair, C. D. (2001). Social and environmental disclosure and corporate characteristics: A research note and extension. Journal of Business Finance & Accounting, 3–4, 327–356.CrossRef

Gray, R., Kouhi, R., & Lavers, S. (1995). Corporate social and environmental reporting—A review of the literature and a longitudinal study of UK disclosure. Accounting, Auditing & Accountability Journal, 8(2), 47–77.CrossRef

Guerin-Pace, F. (1998). Textual statistics. An exploratory tool for the social sciences. Population, 10(1), 73–95.

Hackston, D., & Milne, M. J. (1996). Some determinants of social and environmental disclosure in New Zealand companies. Accounting, Auditing & Accountability Journal, 9(1), 77–108.CrossRef

Hamilton, J. T. (1995). Pollution as news: Media and stock market reactions to the toxics release inventory data. Journal of Environmental Economics and Management, 28(1), 98–113.CrossRef

Hart, S. L. (1995). A natural-resource-based view of the firm. Academy of Management Review, 20(4), 996–1014.

Hart, S. L., & Ahuja, G. (1996). Does it pay to be green? An empirical examination of the relationship between emission reduction and firm performance. Business Strategy and the Environment, 5(1), 30–37.CrossRef

Hassel, L., Nilson, H., & Nyquist, S. (2005). The value relevance of environmental performance. European Accounting Review, 14(1), 41–61.CrossRef

Henriques, I., & Sadorsky, P. (1999). The relationship between environmental commitment and managerial perceptions of stakeholder importance. Academy of Management Journal, 42(1), 87–99.CrossRef

Holder-Webb, L., Cohen, J. R., Nath, L., & Wood, D. (2009). The supply of corporate social responsibility disclosures among U.S. firms. Journal of Business Ethics, 84(4), 497–527.CrossRef

Holland, L., & Foo, Y. B. (2003). Differences in environmental reporting practices in the UK and the US: The legal and regulatory. The British Accounting Rewiew, 35(1), 1–18.CrossRef

Hunt, C. B., & Auster, E. R. (1990). Proactive environmental management: Avoiding the toxic trap. Sloan Management Review, 31(2), 7–18.

Jacobs, B. W., Singhal, V. R., & Subramanian, R. (2010). An empirical investigation of environmental performance and the market value. Journal of Operations Management, 28(5), 430–441.CrossRef

Jose, A., & Lee, S. M. (2007). Environmental reporting of global corporations: A content-analysis based on website disclosure. Journal of Business Ethics, 72(4), 307–321.CrossRef

Kabanoff, B., Waldersee, R., & Cohen, M. (1995). Espoused values and organizational change themes. Academy of Management Journal, 38(4), 1075–1104.CrossRef

Khanna, M., & Damon, L. A. (1999). EPA’s voluntary 33/55 program: Impact on toxic release and economic performance of firms. Journal of Environmental Economics and Management, 37(1), 1–25.CrossRef

King, A., & Lenox, M. (2001). Does it really pay to be green? An empirical study of firm environmental and financial performance. The Journal of Industrial Ecology, 5(1), 105–116.CrossRef

King, A., & Lenox, M. (2002). Exploring the locus of profitable pollution reduction. Management Science, 48(2), 289–299.CrossRef

Klassen, R. D., & McLaughlin, C. P. (1996). The impact of environmental management on firm performance. Management Science, 42(8), 1199–1214.CrossRef

Kohut, G. F., & Segars, A. H. (1992). The President’s letter to stockholders: An examination of corporate communication strategy. The Journal of Business Communication, 29(1), 7–21.CrossRef

Laplante, B., & Lanoie, P. (1994). The market response to environmental incidents in Canada: A theoretical and empirical analysis. Southern Economic Journal, 60(3), 657–672.CrossRef

Lindblom, C. K. (1994). The implications of organizational legitimacy for corporate social performance and disclosure. Paper presented at the Critical Perspectives on Accounting Conference, New York.

MacLean, R., & Gottfrid, R. (2000). Corporate environmental reports: Stuck management processes hold back real progress. Corporate Environmental Strategy, 7(2), 244–255.

Mahapatra, S. (1984). Investor reaction to a corporate social accounting. Journal of Business Finance & Accounting, 11(1), 29–40.CrossRef

Melnyck, S. A., Sroufe, R. P., & Calantone, R. (2003). Assessing the impact of environmental management systems on corporate and environmental performance. Journal of Operations Management, 21, 329–351.CrossRef

Montabon, F. R., Sroufe, R. P., & Narisimhan, R. (2007). An examination of corporate reporting, environmental management practices and firm performance. Journal of Operations Management, 25(5), 998–1014.CrossRef

Nadler, S. (1998). The green stairway: Surviving and flourishing in environmental management. Corporate Environmental Strategy, 5(2), 15–21.CrossRef

Nehrt, C. (1996). Timing and intensity effects of environmental investments. Strategic Management Journal, 17(7), 535–547.CrossRef

Neuendorf, K. A. (2001). The content analysis guidebook (pp 301). Thousand Oaks, CA: Sage Publications.

Patten, D. M. (1991). Exposure, legitimacy, and social disclosure. Journal of Accounting and Public Policy, 10(Winter), 297–308.CrossRef

Porter, M. E., & van der Linde, C. (1995). Green and competitive: Ending the stalemate. Harvard Business Review, 73(5), 120–134.

Reinhardt, F. (1999). Bringing the environment down to earth. Harvard Business Review, 77(4), 149–158.

Roome, N. (1992). Developing environmental management strategy. Business Strategy and the Environment, 1(1), 11–24.CrossRef

Sharma, S. (2000). Managerial interpretations and organizational context as predictors of corporate choice of environmental strategy. Academy of Management Journal, 43(4), 681–697.CrossRef

Sharma, S., & Vredenburg, H. (1998). Proactive corporate environmental strategy and the development of competitively valuable organizational capabilities. Strategic Management Journal, 19(8), 729–753.CrossRef

Solomon, A., & Lewis, L. (2002). Incentives and disincentives for corporate environmental reporting. Business Strategy and the Environment, 11(3), 154–169.CrossRef

Stanwick, S. D., & Stanwick, P. A. (2000). The relationship between environmental disclosure and financial performance: An empirical study of US firms. Eco-Management and Auditing, 7, 155–164.CrossRef

Steger, U. (2000). Environmental management systems: Empirical evidence and further perspectives. European Management Journal, 18(1), 23–37.CrossRef

Stray, S. (2008). Environmental reporting: The U.K. water and energy industries: A research note. Journal of Business Ethics, 80(4), 697–710.CrossRef

Thomas, A. (2001). Corporate environmental policy and abnormal stock price returns: An empirical investigation. Business Strategy and the Environment, 10(3), 125–134.CrossRef

Tilt, C. A. (1994). The influence of external pressure groups on corporate social disclosure: Some empirical evidence. Accounting, Auditing & Accountability Journal, 7(4), 44–72.CrossRef

Vuontisjärvi, T. (2006). Corporate social reporting in the European context and human resource disclosures: An analysis of Finnish companies. Journal of Business Ethics, 69(4), 331–354.CrossRef

Weber, R. P. (1990). Basic content analysis (2nd ed.). Newbury Park, CA: Sage.

Wiseman, J. (1982). An evaluation of environmental disclosures made in corporate annual reports. Accounting, Organizations and Society, 1, 53–63.CrossRef

Wright, M. (1995). Goodbye Green Glossy. Tomorrow, 5(4), 48–54.

Titel: A Descriptive Analysis of Environmental Disclosure: A Longitudinal Study of French Companies
verfasst von: Elisabeth Albertini
Publikationsdatum: 01.05.2014
Verlag: Springer Netherlands
Erschienen in: Journal of Business Ethics / Ausgabe 2/2014
Print ISSN: 0167-4544
Elektronische ISSN: 1573-0697
DOI: https://doi.org/10.1007/s10551-013-1698-y

Springer Professional

Abstract

Bitte loggen Sie sich ein, um Zugang zu Ihrer Lizenz zu erhalten.

Sie haben noch keine Lizenz? Dann Informieren Sie sich jetzt über unsere Produkte:

Springer Professional "Wirtschaft+Technik"

Springer Professional "Wirtschaft"

Weitere Artikel der Ausgabe 2/2014

Procedural and Distributive Fairness: Determinants of Overall Price Fairness

Corporate Legitimacy and Investment–Cash Flow Sensitivity

Corporate Perspectives on the Development and Use of Sustainability Reports

The Principle of Good Faith: Toward Substantive Stakeholder Engagement

Roche’s Clinical Trials with Organs from Prisoners: Does Profit Trump Morals?

Leaders’ Personal Wisdom and Leader–Member Exchange Quality: The Role of Individualized Consideration