CORPORATE SOCIAL RESPONSIVENESS: AN EMPIRICAL EXAMINATION USING THE ENVIRONMENTAL DISCLOSURE INDEX
International Journal of Commerce and Management
ISSN: 1056-9219
Article publication date: 1 March 1998
Abstract
The purpose of this study is to examine the relationship between corporate social responsiveness and organizational characteristics. Using a ratio comparing the number of environmental disclosures that are made internally by the firm with external environmental disclosures (Environmental Disclosure Index), an empirical analysis was done using data from 24 chemical companies. The study's results showed that there was an inverse relationship between the firm's social responsiveness and the firm's size and a positive relationship with the firm's financial performance. The study's results did not indicate a significant relationship between the level of corporate social responsiveness and the capital expenditures and pollution emissions released by the firms.
Citation
Stanwick, S.D. and Stanwick, P.A. (1998), "CORPORATE SOCIAL RESPONSIVENESS: AN EMPIRICAL EXAMINATION USING THE ENVIRONMENTAL DISCLOSURE INDEX", International Journal of Commerce and Management, Vol. 8 No. 3/4, pp. 26-40. https://doi.org/10.1108/eb047373
Publisher
:MCB UP Ltd
Copyright © 1998, MCB UP Limited