Towards environmental disclosures: The role of intellectual capital

IF 8.3 2区管理学 Q1 BUSINESS

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-23 DOI:10.1002/csr.3009

Akshita Arora, Ranjit Tiwari

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引用次数: 0

Abstract

The aim of our study is to investigate the impact of intellectual capital (IC) and its components such as human capital, structural capital, and capital employed on the environmental disclosures (ED) of a company. The IC has been measured using value-added intellectual coefficient (VAIC) and alternate value-added intellectual coefficient (A_VAIC). The study employs method of moments quantile regression (MM-QR) approach to examine the heterogeneous effects of ED within firms by extracting relevant data from ProwessIQ and Bloomberg databases. The findings of the study indicate that the relationship between ED and IC is concave implying that IC initially has a significant positive impact on ED but beyond a point, it produces negative impact. Further, it is noticed that IC's impact increases as we move from lower (25th) to higher quantile (75th), indicating that low values of IC have low impact on ED, whereas high values of IC have greater impact on ED. This is the first study to examine the impact of IC on ED. It also adds to the scarce literature on the new statistical technique of method of moments quantile regression.

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迈向环境披露：智力资本的作用

本文的研究目的是探讨智力资本（IC）及其组成部分（如人力资本、结构资本和资本使用）对公司环境披露（ED）的影响。用增值智力系数（VAIC）和交替增值智力系数（A_VAIC）来衡量智力水平。本研究采用矩分位数回归（MM-QR）方法，通过从ProwessIQ和Bloomberg数据库中提取相关数据，检验企业内部ED的异质性效应。研究结果表明，ED与IC之间的关系是凹形的，这意味着IC最初对ED有显著的积极影响，但超过一定程度后，它会产生负面影响。此外，我们注意到，当我们从较低的分位数（第25位）移动到较高的分位数（第75位）时，IC的影响会增加，这表明低IC值对ED的影响较低，而高IC值对ED的影响较大。这是第一个研究IC对ED影响的研究。它也增加了关于矩分位数回归方法这一新的统计技术的稀缺文献。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

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来源期刊

Corporate Social Responsibility and Environmental Management Multiple-

CiteScore

17.20

自引率

16.30%

发文量

189

期刊介绍： Corporate Social Responsibility and Environmental Management is a journal that publishes both theoretical and practical contributions related to the social and environmental responsibilities of businesses in the context of sustainable development. It covers a wide range of topics, including tools and practices associated with these responsibilities, case studies, and cross-country surveys of best practices. The journal aims to help organizations improve their performance and accountability in these areas. The main focus of the journal is on research and practical advice for the development and assessment of social responsibility and environmental tools. It also features practical case studies and evaluates the strengths and weaknesses of different approaches to sustainability. The journal encourages the discussion and debate of sustainability issues and closely monitors the demands of various stakeholder groups. Corporate Social Responsibility and Environmental Management is a refereed journal, meaning that all contributions undergo a rigorous review process. It seeks high-quality contributions that appeal to a diverse audience from various disciplines.