“Environmental disclosure greenwashing” and corporate value: The premium effect and premium devalue of environmental information
Corporate Social Responsibility and Environmental Management,
Год журнала:
2023,
Номер
31(3), С. 2424 - 2438
Опубликована: Дек. 19, 2023
Abstract
Environmental
disclosure
is
a
crucial
method
for
companies
to
demonstrate
their
environmental
efforts.
However,
in
some
institutional
contexts,
may
be
inclined
“greenwash”
disclosures,
strategically
seeking
social
rewards.
Anchored
on
impression
management
theory,
this
study
delves
into
the
relationship
between
and
corporate
value.
The
research
substantiates
premium
effect
of
information
while
shedding
light
adverse
impact
“environmental
greenwashing”
(EDG)
Moreover,
EDG
leads
further
devaluation
information.
A
more
profound
analysis
reveals
that
market
trust
acts
as
mediating
mechanism
caused
by
EDG.
Notably,
when
user
capability
media
attention
are
scrutinized
distinct
groups,
displays
pronounced
heterogeneity.
These
findings
provide
theoretical
foundation
verifying
authenticity
disclosures.
Additionally,
they
offer
valuable
policy
insights
rectifying
practices
enhancing
mechanisms.
Язык: Английский
Do Environmental Accounting and the Performance of the Banks Contribute to the Value of the Islamic Banks?
SSRN Electronic Journal,
Год журнала:
2024,
Номер
unknown
Опубликована: Янв. 1, 2024
Purpose:
This
research
aims
to
explore
the
factors
influencing
sustainable
enhancement
of
Islamic
banking
value,
focusing
on
bank
performance
as
a
mediator
and
environmental
disclosure
moderator.
It
seeks
provide
insights
into
financial
practices
aligned
with
Shariah
values.Design/Methodology/Approach:
The
study
employs
quantitative
approach
using
Partial
Least
Squares
Structural
Equation
Modeling
(PLS-SEM)
analyze
data
collected
from
three
commercial
banks
listed
Indonesia
Stock
Exchange
over
four-year
period
(2019-2022).
investigates
relationships
between
intellectual
capital
(IIC),
corporate
governance
(ICG),
Maqashid
Index
(IMI),
(PIB),
(ED),
value
(VIB).Findings:
results
indicate
that
have
negative
impact
performance.
Furthermore,
does
not
significantly
influence
banks.
However,
positively
affects
Additionally,
moderates
relationship
positively.Research
Limitations/Implications:
is
limited
specific
sample
in
period.
Future
could
expand
size
duration
enhance
generalizability
findings.
qualitative
methods
deeper
stakeholders'
perspectives
its
value.Practical
Implications:
findings
suggest
should
focus
improving
their
value.
Moreover,
incorporating
responsibility
operations
can
further
bolster
legitimacy
stakeholder
trust,
ultimately
contributing
practices.Originality/Value:
contributes
literature
by
examining
complex
capital,
governance,
Sharia,
performance,
disclosure,
context
banking.
sheds
light
values
provides
practical
for
stakeholders
industry.
Язык: Английский
The Mediating Role of Investment Decisions in the Influence of Sustainability Reports and ERM on the Firm Value
KnE Social Sciences,
Год журнала:
2024,
Номер
unknown
Опубликована: Авг. 29, 2024
In
the
era
of
sustainability,
there
has
been
a
shift
in
indicators
for
assessing
company
performance.
Stakeholders
are
not
only
concerned
with
financial
performance
but
pay
great
attention
to
non-financial
form
sustainability
and
risk
management.
This
study
was
conducted
find
empirical
evidence
whether
investment
decisions
mediate
effect
quality
reporting
ERM
on
prices.
We
use
sample
648
firm
years
public
companies
listed
Indonesia
Stock
Exchange.
general,
level
conformity
reports
reaches
61.2%
Global
Reporting
Initiative
standard.
By
using
multiple
regression
path
analysis
results
were
obtained:
first,
have
direct
positive
value.
Second,
significant.
Third,
impact
The
implications
this
important
management
build
effective
maximize
Keywords:
report,
ERM,
decision,
value
Язык: Английский
A Sustainability Reporting Issue: A Comparative Review Between Indonesia and Nordic Country
International Journal of Professional Business Review,
Год журнала:
2023,
Номер
8(12), С. e4014 - e4014
Опубликована: Дек. 4, 2023
Purpose:
The
aim
of
this
study
is
to
make
a
comparative
review
on
sustainability
reporting
between
Indonesia
and
Nordic
Country
Theoretical
framework:
article
captures
various
research
which
includes
quantitative
qualitative
analyses
case
studies
available
in
Scopus
illustrated
for
better
understanding
how
differs
from
Sustainability
countries.
Design/methodology/approach:
This
paper
wants
find
out
comparison
reports
Nordic.
methodology
used
the
Systematic
Literature
Review
(SLR)
method.
SLR
process
systematically
critically
reviews
existing
studies.The
steps
undertakes
are
i)
identifying
discovering
keywords,
ii)
literature
search,
iii)
analysis
synthesis
process.
Identifying
keywords
initial
step
related
proposed
topic:
reports.
Regarding
environmental
aspect,
economy
governance;
several
other
applied
selected
locations,
country
Indonesia.
choice
search
engine
was
intended
obtain
scholarly
with
reputable
indexing..
So,
shows
different
kinds
research,
such
as
that
can
be
found
databases
like
Scopus.
helps
readers
understand
topic
better.
Findings:
results
report
company
listed
stock
exchange
left
behind
elevated
quantity
quality.
In
looking
(SR)
conditions
SR
European
Union
(EU)
or
countries
(mandatory
regime)
,
despite
Indonesia(Voluntary
having
issued
regulation
POJK
51/2017,
there
still
need
further
development
detailed
guidelines
regarding
standards
producing
achieve
primary
goal
managing
risks
company's
economic,
social,
aspects
safeguard
human
life
future
Research
implications:
have
implication
produced
by
public
should
backed
up
proper
regulation.
Social
social
accountability
represents
participation
environment
society.
Originality/value:
discusses
theories,
methodologies,
context,
findings,
scope
research.
Язык: Английский
The Relations Among Environmental Performance, Profitability, Firm Size, Firm Value, And Environmental Disclosure: A Case Study of Basic Material Industry
Entrepreneurship and Small Business Research,
Год журнала:
2023,
Номер
2(1), С. 12 - 22
Опубликована: Авг. 3, 2023
Environmental
Disclosure
is
a
information
related
to
the
environment,
and
presented
in
financial
statements.
Financial
Accounting
Standards
do
not
yet
mandate
corporate
responsibility
for
environmental
disclosures.
This
study
aims
examine
factors
that
determine
disclosure
Indonesia.
research
uses
quantitative
methods,
using
secondary
data
of
annual
reports
sustainability
from
companies
listed
on
Indonesia
Stock
Exchange,
especially
engaged
Basic
Material
sector.
The
collection
this
used
purposive
sampling
method
with
several
criteria.
test
tool
multiple
regression
analysis
Eviews
program
version
10.
GRI
(Global
Reporting
Initiatives)
standard
indicators.
Performance
performance
ratings
PROPER.
While
profitability
ROE
(Return
Equity)
Firm
Size
Asset
Growth
indicator,
Value
Tobin'sq
indicator.
results
partially
show
firm
size
variable
has
an
influence
variable.
influenced
by
measures
performance,
profitability,
or
business
value.
But
simultaneously
all
independent
variables,
namely
size,
value
affect
disclosure.
Язык: Английский