Journal of Global Responsibility最新文献

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Impact of dividend policy on corporate social responsibility: the role of board governance mechanism 股利政策对企业社会责任的影响:董事会治理机制的作用
IF 1.6
Journal of Global Responsibility Pub Date : 2024-01-11 DOI: 10.1108/jgr-08-2023-0135
Muhammad Farooq, Asrar Ahmed, Imran Khan, M. Munir
{"title":"Impact of dividend policy on corporate social responsibility: the role of board governance mechanism","authors":"Muhammad Farooq, Asrar Ahmed, Imran Khan, M. Munir","doi":"10.1108/jgr-08-2023-0135","DOIUrl":"https://doi.org/10.1108/jgr-08-2023-0135","url":null,"abstract":"\u0000Purpose\u0000This study aims to investigate the impact of dividend policy on a firm’s participation in corporate social responsibility (CSR)-related activities in the context of Pakistani firms. Furthermore, the role of the board governance mechanism in dividend policy-CSR is investigated.\u0000\u0000\u0000Design/methodology/approach\u0000The study’s sample consists of 115 nonfinancial Pakistan Stock Exchange-listed firms from 2010 to 2021. A multidimensional financial method is used to assess the firm’s CSR engagement, and dividend policy is assessed using the dividend payout ratio and dividend yield. The authors used the fixed effect model and the random effect model to fulfill the study’s objectives. Furthermore, the system-generalized method of moment estimation technique is used to test the robustness of the result. In addition, the authors perform reverse causality analysis and investigate the effect of financial constraints on the dividend policy–CSR relationship.\u0000\u0000\u0000Findings\u0000The authors find that dividend policy has a significant positive impact on CSR. The authors also find that dividend policy is significantly positively associated with components of CSR, i.e. donation, employee welfare and research and development. Furthermore, the authors find that the board governance mechanism strengthens this positive relationship between dividend policy and CSR.\u0000\u0000\u0000Practical implications\u0000The government and authorities must mandate or at least encourage enterprises to pay dividends as doing so not only keeps shareholders happy but also encourages firms to make CSR initiatives to balance stakeholders. Furthermore, the regulator should take steps to strengthen the board governance structure as it strengthens the positive dividend policy–CSR relationship.\u0000\u0000\u0000Originality/value\u0000Although little previous research has focused on the CSR-dividend policy link, the authors believe that this is the first study to look at the influence of dividend policy on CSR and the moderating impact of board governance mechanisms in an emerging country, namely, Pakistan.\u0000","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"2 6","pages":""},"PeriodicalIF":1.6,"publicationDate":"2024-01-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139438524","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Does tax disclosure in Global Reporting Initiative (GRI)-based sustainability reporting mitigate aggressive tax avoidance? Evidence from a developing country 基于全球报告倡议组织(GRI)的可持续发展报告中的税务披露是否会减少激进的避税行为?来自发展中国家的证据
IF 1.6
Journal of Global Responsibility Pub Date : 2024-01-05 DOI: 10.1108/jgr-05-2023-0077
Astrid Rudyanto
{"title":"Does tax disclosure in Global Reporting Initiative (GRI)-based sustainability reporting mitigate aggressive tax avoidance? Evidence from a developing country","authors":"Astrid Rudyanto","doi":"10.1108/jgr-05-2023-0077","DOIUrl":"https://doi.org/10.1108/jgr-05-2023-0077","url":null,"abstract":"\u0000Purpose\u0000This paper aims to examine whether tax disclosure in Global Reporting Initiative (GRI)-based sustainability reporting mitigates aggressive tax avoidance.\u0000\u0000\u0000Design/methodology/approach\u0000This study uses a multiple regression method for 714 nonspecially taxed firms listed on the Indonesia Stock Exchange in 2014–2018.\u0000\u0000\u0000Findings\u0000The findings demonstrate that disclosing tax payments in GRI-based sustainability reports reduces aggressive tax avoidance. Additional analysis indicates that the number of GRI-based sustainability reports positively affects aggressive tax avoidance. However, disclosing tax payments in multiple GRI-based sustainability reports negatively affects aggressive tax avoidance.\u0000\u0000\u0000Originality/value\u0000Recent prior studies demonstrate that aggressive tax avoidance does not indicate an organizational culture that devalues corporate social responsibility. This paper argues that firms cannot find the link between tax and corporate social responsibility when tax payments are not incorporated in sustainability reports. GRI considers tax a sustainability issue and seeks to institutionalize this concept by recommending that firms disclose taxes in their sustainability reports. This research analyses whether disclosing taxes in GRI-based sustainability reports may serve as a form of soft law by convincing firms that tax is a sustainability issue, thereby reducing their tax avoidance. This topic has received little attention in previous research.\u0000","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"89 2","pages":""},"PeriodicalIF":1.6,"publicationDate":"2024-01-05","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139381328","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Corporate social responsibility and sustainable development goals: evidence from responsible business leaders 企业社会责任与可持续发展目标:负责任的企业领导人提供的证据
IF 1.6
Journal of Global Responsibility Pub Date : 2023-12-28 DOI: 10.1108/jgr-06-2023-0109
Leena S., Balaji K.R.A., Ganesh Kumar R., Prathima K. Bhat, Satya Nandini A.
{"title":"Corporate social responsibility and sustainable development goals: evidence from responsible business leaders","authors":"Leena S., Balaji K.R.A., Ganesh Kumar R., Prathima K. Bhat, Satya Nandini A.","doi":"10.1108/jgr-06-2023-0109","DOIUrl":"https://doi.org/10.1108/jgr-06-2023-0109","url":null,"abstract":"Purpose This study aims to provide a framework aligning corporate social responsibility (CSR) initiatives with sustainable development goals (SDGs) 2030, applying the triple bottom line (TBL) approach. The research examines and evaluates the reach of Maharatna Central Public Sector Enterprises’ (CPSE) CSR spending towards sustainability and maps them with SDGs focusing on economic, social and environmental aspects. In addition, state-wise spending for CSR of all eligible Indian companies has been discussed. Design/methodology/approach The study used secondary data related to CSR spending and disclosure from the annual reports and sustainability reports accessible on the official websites of CPSE, Global Reporting Initiative standards, CSR Guidelines of Department of Public Enterprises and Securities Exchange Board of India, Government of India’s National Guidelines on Responsible Business Conduct (NGRBC) (2018) research papers, financial dailies and websites. The study includes the CPSEs awarded with the status of Maharatna companies under the Guidelines of Maharatna Scheme for CPSEs. Findings The top CSR initiatives focused on by Maharatna companies were related to poverty, hunger, sanitation and well-being, promotion of education and contribution to the Prime Minister’s National Relief Fund. These initiatives aligned with the top SDGs related to life on land, education and health care, which proved responsible business leadership (RBL) through TBL. The alignment indicates that India is moving towards sustainable development achievements systematically. Practical implications The practical consequences can be understood through the CSR spending of Maharatna Public Sector Undertakings towards economic, social and environmental aspects. The spending demonstrates their commitment, which other public and private sector organizations can adopt. Social implications The Government of India’s NGRBC’s guidelines towards inclusive growth and equitable development, addressing environmental concerns, and being responsive to all its stakeholders is a thorough indication of driving the business towards being more responsible. This research has developed a framework aligning CSR and SDG through the TBL approach, which other developing countries can adopt as a model. Originality/value There is dearth of research among public sector company’s contribution towards attaining SDGs and demonstrating RBL. This research fulfils this gap. Mapping CSR activities to SDG’s also has not been clearly carried out in previous research, which is a contribution of this study.","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"1 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139149508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Prestige over profit, corporate social responsibility boosts corporate sustainable performance: mediation roles of brand image and brand loyalty 声誉重于利润,企业社会责任促进企业可持续绩效:品牌形象和品牌忠诚度的中介作用
IF 1.6
Journal of Global Responsibility Pub Date : 2023-12-26 DOI: 10.1108/jgr-09-2023-0145
Thanh Tiep Le, Minh Hoa Le, Vy Nguyễn Thị Tường, Phuc Vu Nguyen Thien, Tran Tran Dac Bao, Vy Nguyen Le Phuong, Sudha Mavuri
{"title":"Prestige over profit, corporate social responsibility boosts corporate sustainable performance: mediation roles of brand image and brand loyalty","authors":"Thanh Tiep Le, Minh Hoa Le, Vy Nguyễn Thị Tường, Phuc Vu Nguyen Thien, Tran Tran Dac Bao, Vy Nguyen Le Phuong, Sudha Mavuri","doi":"10.1108/jgr-09-2023-0145","DOIUrl":"https://doi.org/10.1108/jgr-09-2023-0145","url":null,"abstract":"Purpose This study aims to investigate the influence of corporate social responsibility (CSR) on corporate sustainable performance (CSP) of small- and medium-sized enterprises (SMEs) by looking into the significance of mediating factors, namely, brand image (BI) and brand loyalty (BL), within the context of an emerging economy. Design/methodology/approach The authors conduct an extensive literature study on the subjects of CSR, BI and BL to assess their influence on the sustainable performance of SMEs in an emerging market. The study adopts a quantitative methodology. A total of 438 answers were obtained from a sample size of 513. The data of the SMEs in Vietnam was analyzed using the smart partial least squares structural equation modeling software, specifically version 3.3.2. Findings The results of the authors demonstrate notable and favorable correlations between CSR and CSP, CSR and BI and CSR and BL. Importantly, the findings contribute to existing knowledge by looking into the mediating influence of BI and BL in the relationship between CSR and CSP. Originality/value According to the authors’ understanding, a number of research have investigated the correlation between CSR and CSP within the realm of SMEs. Nevertheless, there is a scarcity of scholarly research examining the mediating function of BI and BL in this association. The study’s findings have important implications for entrepreneurs and senior management in effectively guiding their enterprises and improving their business strategies with an emphasis on sustainability in emerging markets. The outcome of this study has the potential to significantly contribute to SMEs in Vietnam as well as other emerging countries.","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"86 5","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-26","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139155736","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Social innovation in working management practices to support facilities management at Malaysian polytechnics 工作管理实践中的社会创新,支持马来西亚理工学院的设施管理
IF 1.6
Journal of Global Responsibility Pub Date : 2023-12-19 DOI: 10.1108/jgr-03-2020-0043
Z. Ismail
{"title":"Social innovation in working management practices to support facilities management at Malaysian polytechnics","authors":"Z. Ismail","doi":"10.1108/jgr-03-2020-0043","DOIUrl":"https://doi.org/10.1108/jgr-03-2020-0043","url":null,"abstract":"\u0000Purpose\u0000Operation and maintenance (O&M) processes projects such as identification, assessment, planning and execution, embody a variety of standards such as technical (method of statement), environmental, economic (campus development) and social (health and wellbeing). Because these standards have proven to be challenging to integrate, local governments are increasingly experimenting with social innovation (SI) as a bottom-up form of standard integration. This study aims to apply the concept of SI to the O&M processes of facilities management at polytechnics in Malaysia to identify problems with conventional working practices in this area and to recommend potential solutions.\u0000\u0000\u0000Design/methodology/approach\u0000The paper reviews evidence that conventional working methods generate significant problems related to paper-based forms, improper database management and flawed decision-making processes. Because of the lack knowledge about different ways of how standard integration is achieved, the comparison of three polytechnic institutions which are Rensselaer Polytechnic Institute (RPI) and Southern Polytechnic College of Engineering and Engineering Technology (SPCEET) in USA as well as Seberang Perai Polytechnic, Pulau Pinang (PSP) in Malaysia shares the ambition to realise standard integration of O&M through SI.\u0000\u0000\u0000Findings\u0000The findings reveal that SI leads to four ways of standard integration: computerised maintenance management system, online customer complaint, electronic form and relational database. Application of the concept of SI reveals the need for more sophisticated management solutions in the O&M processes of facilities management.\u0000\u0000\u0000Originality/value\u0000These standard integration arrangements unfortunately seem to mainly contribute to greater alignment between standard rather than true standard integration. The concept of SI will guide future improvements and developments in maintenance management systems to fulfil requirements in this area.\u0000","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"114 10","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138959170","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
ESG and dividend distribution decisions: evidence of moderation by shareholder activism 环境、社会和公司治理与股利分配决策:股东积极性调节的证据
IF 1.6
Journal of Global Responsibility Pub Date : 2023-12-12 DOI: 10.1108/jgr-11-2022-0129
Shailesh Rastogi, Kuldeep Singh
{"title":"ESG and dividend distribution decisions: evidence of moderation by shareholder activism","authors":"Shailesh Rastogi, Kuldeep Singh","doi":"10.1108/jgr-11-2022-0129","DOIUrl":"https://doi.org/10.1108/jgr-11-2022-0129","url":null,"abstract":"\u0000Purpose\u0000Environment, social and governance (ESG) practices and shareholder activism are making significant strides in the decision-making policies and processes for all firms. This study aims to assess the impact of ESG on the dividend payout decisions of firms in India. In addition, it also aims to determine how shareholder activism influences the impact of ESG on dividend distribution decisions.\u0000\u0000\u0000Design/methodology/approach\u0000The authors gather relevant data from 78 non-financial listed Indian firms from 2016 to 2020. This study undertakes longitudinal data analysis, with fixed effects and calculation of robust standard errors. In addition, the slope test is used to examine the effects of the interaction between ESG and shareholder activism.\u0000\u0000\u0000Findings\u0000It is found in the study that not only does ESG positively impact the dividends but also shareholder activism positively impacts the dividend distribution decisions. Surprisingly, the authors see a significant but negative interaction impact of shareholder activism on the positive association of ESG with dividend distribution decisions. In other words, ESG impacts dividend distribution decisions differently at levels of shareholder activism. When shareholder activism is low, ESG positively influences dividend distribution decisions. However, when shareholder activism is high, ESG negatively influences dividend distribution decisions.\u0000\u0000\u0000Practical implications\u0000This result has significant implications for all the stakeholders, including shareholders. A shareholder expecting a dividend could decide correctly through the current study’s findings. In cases of high shareholder activism, investors may skip picking a stock if investors expect high ESG to influence the dividend distribution decisions favourably. On the contrary, investors may choose a stock if shareholder activism is low and all else remains the same.\u0000\u0000\u0000Originality/value\u0000Literature has some evidence of the influence of shareholder activism and ESG (in silos) on the dividend distribution decisions in the firms. This study attempts to contribute by bringing forth the interaction effects of shareholder activism and ESG on dividend distribution decisions.\u0000","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"36 6","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138633220","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Effect of board structure on stakeholders’ centric perspective of sustainable corporate world 董事会结构对以利益相关者为中心的可持续企业世界视角的影响
IF 1.6
Journal of Global Responsibility Pub Date : 2023-12-08 DOI: 10.1108/jgr-03-2023-0036
Basit Ali Bhat, Manpreet Kaur Makkar, Nitin Gupta
{"title":"Effect of board structure on stakeholders’ centric perspective of sustainable corporate world","authors":"Basit Ali Bhat, Manpreet Kaur Makkar, Nitin Gupta","doi":"10.1108/jgr-03-2023-0036","DOIUrl":"https://doi.org/10.1108/jgr-03-2023-0036","url":null,"abstract":"\u0000Purpose\u0000Corporate leadership and environmental, social and governance (ESG) performance are closely intertwined, as effective corporate leadership can facilitate the achievement of strong ESG performance. Thus, the purpose of the study is to investigate the impact of corporate board leadership on the ESG performance of listed firms.\u0000\u0000\u0000Design/methodology/approach\u0000The sample has been taken from the listed firms of the Nifty 500 index spanning the period of 10 years from 2012 to 2022. Dynamic panel data estimations are applied through a fixed effect model.\u0000\u0000\u0000Findings\u0000The findings of this study revealed that board size, board independence and board qualification have a significant positive influence on ESG performance. It is evident that good corporate governance practices can positively influence ESG performance by fostering accountability, transparency and ethical behavior, as well as better integrating ESG considerations into their decision-making processes and ensuring that ESG issues are prioritized at the highest levels of management. Further findings also revealed that chief executive officer (CEO) duality has a significant negative relationship with ESG performance, which goes against the belief of stakeholder theory.\u0000\u0000\u0000Social implications\u0000It has practical implications for policymakers, as they can enact new regulations pertaining to the CEO’s position in the organizations to make corporate governance responsible for improved sustainability and ESG performance.\u0000\u0000\u0000Originality/value\u0000There are very few studies analyzing the impact of corporate board structure on ESG performance related to emerging markets. Thus, this study contributes to that literature by using the methodology GMM panel data for the first time as per our knowledge\u0000","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"38 49","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-12-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"138589003","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
Buffering negative impact of psychological contract breach on employee voice behavior: the moderating role of globally responsible business leadership 缓冲心理契约违约对员工声音行为的负面影响:全球负责任企业领导力的调节作用
IF 1.6
Journal of Global Responsibility Pub Date : 2023-11-28 DOI: 10.1108/jgr-06-2023-0108
Alice J.M. Tan, Shujuan Xiao, Katie Kaiqi Jiang, Zitong Chen
{"title":"Buffering negative impact of psychological contract breach on employee voice behavior: the moderating role of globally responsible business leadership","authors":"Alice J.M. Tan, Shujuan Xiao, Katie Kaiqi Jiang, Zitong Chen","doi":"10.1108/jgr-06-2023-0108","DOIUrl":"https://doi.org/10.1108/jgr-06-2023-0108","url":null,"abstract":"Purpose This study aims to examine the relationship between employees’ psychological contract breach and two types of voice behavior based on the social exchange theory. Additionally, the study explores the role of globally responsible business leadership in buffering the negative impacts of psychological contract breach on voice. Design/methodology/approach Survey data was collected from Chinese full-time employees and the final sample size is 337. Partial least squares structural equation modeling was used to test the hypotheses. Findings Findings indicate that psychological contract breach (PCB) has a positive and significant impact on employee aggressive voice behavior (AVB), while its relationship with constructive voice behavior (CVB) is not significant. Furthermore, globally responsible business leadership (GRBL) weakens the negative relationship between PCB and CVB, while strengthens the positive relationship between PCB and AVB. Practical implications The findings assist organizations in better recognizing the detrimental consequences of psychological contract breach. Second, the findings serve as a reminder to managers of the benefits of displaying globally responsible business leadership. Third, managers should recognize the complexities of globally responsible business leadership. Originality/value First, this study sheds new light on the impact of PCB on employees’ desirable and undesirable proactive behaviors by investigating how and when psychological contract breach affects two types of voice behavior. Second, the moderating role of GRBL further enriches our understanding of how to buffer negative effects of PCB and the desirable function of GRBL. Third, this study enriches the social exchange theory by investigating whether the leader−employee relationship will compensate for the failure of organization−employee relationship.","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"19 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-11-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139223946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impact of environmental, social and governance (ESG) scores on stock market: evidence from G7 countries 环境、社会和治理 (ESG) 分数对股市的影响:七国集团国家的证据
IF 1.6
Journal of Global Responsibility Pub Date : 2023-11-21 DOI: 10.1108/jgr-04-2023-0070
Mustafa Kevser, Mert Baran Tunçel, Samet Gürsoy, Feyyaz Zeren
{"title":"The impact of environmental, social and governance (ESG) scores on stock market: evidence from G7 countries","authors":"Mustafa Kevser, Mert Baran Tunçel, Samet Gürsoy, Feyyaz Zeren","doi":"10.1108/jgr-04-2023-0070","DOIUrl":"https://doi.org/10.1108/jgr-04-2023-0070","url":null,"abstract":"Purpose This study aims to examine the effect of environmental, social and corporate governance (ESG) scores on stock markets for the period from February 2018 to December 2022 for G7 countries. Even though ESG is an established area of investigation, prior research has paid inadequate attention to the nexus of ESG scores and stock markets in G7 (Germany, USA, UK, Italy, France, Japan and Canada) countries. Design/methodology/approach This study covers G7 countries and uses a data set, which includes ESG scores and stock market returns from reporting channels including financial websites, and international indexes, between February 2018 and December 2022. Cross-section dependency and homogeneity tests were used with Konya (2006) panel causality test to investigate the relations of ESG scores and stock markets, and the research also conducted a separate analysis for each sub-dimension. Homogeneity/heterogeneity tests were also carried out in the research. Findings The findings suggest that causality from ESG scores to stock market (DAX) was determined only for Germany. Accordingly, it is understood that German companies have started to implement corporate social responsibility and ESG practices in their management strategies and reporting. These findings offer important implications for those who are considering investing in G7 countries, whether or not to consider ESG scores. Originality/value In this context, the research contributes to the existing literature on the relationships between ESG scores and stock markets, which are seen as a vital tool to meet the expectations of stakeholders.","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"124 7","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139251072","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
The impact of rural tourism destination attractiveness on tourists’ environmentally responsible behavioral intentions: the mediating role of green self-identity 乡村旅游目的地吸引力对游客环境责任行为意向的影响:绿色自我认同的中介作用
IF 1.6
Journal of Global Responsibility Pub Date : 2023-11-21 DOI: 10.1108/jgr-03-2023-0046
Li Ding, Caifen Jiang
{"title":"The impact of rural tourism destination attractiveness on tourists’ environmentally responsible behavioral intentions: the mediating role of green self-identity","authors":"Li Ding, Caifen Jiang","doi":"10.1108/jgr-03-2023-0046","DOIUrl":"https://doi.org/10.1108/jgr-03-2023-0046","url":null,"abstract":"Purpose This study aims to explore the impact of tourists’ perceptions of two rural destination attractiveness dimensions on tourists’ environmentally responsible behavioral intentions (ERBI). Further, the mediating effects of tourists’ green self-identity on the relationship between the perception of rural destination attractiveness and ERBI are investigated. Design/methodology/approach This study collected survey data from 188 tourists who had visiting experiences in rural attractions located in the Guangdong Province of China. Partial least squares structural equation modeling (PLS-SEM) was used to test the proposed hypotheses. Findings The results found that rural destination specialty fresh food attractiveness perceived by tourists was positively associated with their ERBI. Moreover, tourists’ green self-identity positively mediated the perception of rural destination attractiveness and ERBI. Originality/value This study explains how the tourists’ perceptions of two rural destination attractiveness dimensions influence their ERBI. By exploring the mediating role of tourists’ green self-identity, this study also emphasizes the transforming mechanism from tourists’ perceived experience to their ERBI. The study provides insights into nature-based tourism destination management and sustainability practices.","PeriodicalId":45268,"journal":{"name":"Journal of Global Responsibility","volume":"14 1","pages":""},"PeriodicalIF":1.6,"publicationDate":"2023-11-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139253779","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
引用次数: 0
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