The Relationship Between Environment Operational Performance and Environmental Disclosure of Nigerian Listed Companies

Abba, Magaji; Said, Ridzwana Mohd; Abdullah, Amalina; Mahat, Fauziah

doi:10.5890/jeam.2018.03.001

Cited by 12 publications

(18 citation statements)

References 52 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Campbell (2004) explains in more detail that CER presents a company's organizational and operational processes that influence the natural environment. Abba et al (2018) describe CER as pertaining to aspects such as environmental policies, management schemes, environment-related investments, or pollution remediation. Researchers also characterize the attributes of high-quality disclosure.…”

Section: Definitions and Measurements Of Cermentioning

confidence: 99%

“…Since both variables are latent, abstract, and multidimensional, they cannot be directly observed and have to be measured by mid‐level indicators (Borsboom, Mellenbergh, & van Heerden, 2003; Guenther & Hoppe, 2014). Standardization remains challenging because scholars often focus on devising extensive indicators instead of agreeing on a common foundation (Abba, Said, Abdullah, & Mahat, 2018).…”

Section: Research Frameworkmentioning

confidence: 99%

“…Abba et al. (2018) describe CER as pertaining to aspects such as environmental policies, management schemes, environment‐related investments, or pollution remediation. Researchers also characterize the attributes of high‐quality disclosure.…”

Section: Research Frameworkmentioning

confidence: 99%

“…A few others consider the completeness of disclosure, for example, the proportion of reported items in a reporting standard (e.g., Deswanto & Siregar, 2018; Hassan & Romilly, 2018). The majority of studies look at the quality of information since it is necessary for value relevance (Abba et al., 2018).…”

Section: Research Frameworkmentioning

confidence: 99%

See 3 more Smart Citations

The relationship between environmental performance and environmental disclosure: A meta‐analysis

Doan

Sassen

2020

J of Industrial Ecology

View full text Add to dashboard Cite

This research conceptually and empirically summarizes multiple aspects of the association between corporate environmental performance and corporate environmental reporting in previous literature, addressing the questions of (a) whether disclosure is a reliable indicator of performance and (b) whether variable measurement characteristics influence empirical outcomes. Systematic literature review and meta-analytic techniques are employed to generate objective and valid summarized effects. The research covers a total of 251 effect sizes within 62 primary studies, representing a total of 56,387 observations. This study discovers a weak and negative association between environmental performance and environmental reporting, supporting the sociopolitical perspective that poor environmental performers have higher motivations to increase their level of disclosure than strong performers. At the same time, this research confirms the heterogeneity of previous studies in the field and verifies the effects of measurement methods on empirical outcomes. K E Y W O R D S environmental disclosure, environmental performance, environmental reporting, industrial ecology, measurement characteristic, meta-analysis 1 INTRODUCTION Persistent pressures from corporate social responsibility (CSR) and corporate sustainable development practices have imposed considerable environmental obligations on businesses (Cooney, 2009). Therefore, firms are expected to improve their environmental impacts and demonstrate their commitments and achievements to stakeholders (O'Brien & Dhanarajan, 2016). Corporate environmental reporting (CER), as a result, has become essential to facilitating such communication (O'Donovan, 2002; Sumiani, Haslinda, & Lehman, 2007) and has gained immense popularity (Uwuigbe & Uadiale, 2011). However, glaring discrepancies in the level and nature of disclosure between companies can be observed (Hahn & Kühnen, 2013) due to issues such as greenwashing and non-standardization (Delmas & Burbano, 2011; He & Loftus, 2014; Sutantoputra, Lindorff, & Johnson, 2012). After several decades, scholars have pointed out the unpleasant truth that CER is indicative of reporting bias (Berthelot, Cormier, & Magnan, 2003; Romlah, 2005), often being used as a communication strategy and a manipulation of public perception rather than a fair reflection of corporate environmental performance (CEP; Cho, Guidry, Hageman, & Patten, 2012; Hummel & Schlick, 2016). Until now, the controversial question of whether CER is a reliable indicator of CEP still remains unresolved (Aragón-Correa, Marcus, & Hurtado-Torres, 2016; Hummel & Schlick, 2016). Similar to the ongoing conceptual debate between two theoretical perspectives on disclosure, namely sociopolitical (stakeholder theory, legitimacy theory) and economics-based theories (voluntary disclosure theory, signaling theory), empirical work in the field constantly presents inconsistent results. While many studies verify that firms with better environmental records voluntarily report more information (e.g.

show abstract

Section: Definitions and Measurements Of Cermentioning

confidence: 99%

Section: Research Frameworkmentioning

confidence: 99%

Section: Research Frameworkmentioning

confidence: 99%

Section: Research Frameworkmentioning

confidence: 99%

See 2 more Smart Citations

The relationship between environmental performance and environmental disclosure: A meta‐analysis

Doan

Sassen

2020

J of Industrial Ecology

View full text Add to dashboard Cite

show abstract

“…Research regarding environment information disclosed by the companies is found quite often lately. Similar studies, from various countries, have investigated the relation between environmental performances and environmental information disclosed by the companies [6][7][8], the relation between environmental information and financial performances [9][10][11], the relation between company size and environmental information disclosed [12][13][14], the relation between environmental information disclosed and different financial and non-financial factors [14][15][16][17][18][19][20][21][22][23][24][25][26][27][28].…”

Section: Literature Reviewmentioning

confidence: 99%

Environmental Information Transparency—Evidence from Romanian Companies

et al. 2019

View full text Add to dashboard Cite

The purpose of this paper is to analyse disclosure of environmental information (DEI) for a set of 100 companies listed at the Bucharest Stock Exchange (BSE) and identify possible correlations between this and the evolution of some relevant economic and financial measures of companies’ activities. For these purposes we have calculated an index of environmental information disclosure and we employed a system dynamic panel data estimation model and panel corrected standard errors for sampled companies for the 2013–2017 period. The results we have obtained show that sampled companies have a low degree of environmental information disclosure, as the highest registered score was of 15 out of a maximum of 29 points, with an average of merely 6.37 points. Regarding the possible correlations, the tests performed have shown that entity size, expressed by the number of employees, is the factor which positively influences environmental information’s disclosure. Results also evidence that performance determines the quantity of information the firm provides to external users, as opposed to maturity/age. Our study is the first approaching companies from Bucharest Stock Exchange with data for 5 years using a mixed approach (DEI–index and regressions) and we think the results obtained are useful for managers, general public and investors, considering that size and performance greatly influence companies’ environmental awareness.

show abstract

Multinational corporations and human rights violations in emerging economies: Does commitment to social and environmental responsibility matter?

Ullah

Adams

et al. 2021

Journal of Environmental Management

View full text Add to dashboard Cite

The Relationship Between Environment Operational Performance and Environmental Disclosure of Nigerian Listed Companies

Cited by 12 publications

References 52 publications

The relationship between environmental performance and environmental disclosure: A meta‐analysis

The relationship between environmental performance and environmental disclosure: A meta‐analysis

Environmental Information Transparency—Evidence from Romanian Companies

Multinational corporations and human rights violations in emerging economies: Does commitment to social and environmental responsibility matter?

Contact Info

Product

Resources

About