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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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.