Corporate Social Responsibility and Environmental Management最新文献_第10页

The impact of Big Data Analytics on firm sustainable performance

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-17 DOI: 10.1002/csr.2990

Myriam Ertz, Imen Latrous, Ahlem Dakhlaoui, Shouheng Sun

{"title":"The impact of Big Data Analytics on firm sustainable performance","authors":"Myriam Ertz, Imen Latrous, Ahlem Dakhlaoui, Shouheng Sun","doi":"10.1002/csr.2990","DOIUrl":"https://doi.org/10.1002/csr.2990","url":null,"abstract":"This study evaluates the impact of Big Data Analytics (BDA) on firm sustainable performance (FSP). BDA is conceptualized as a dual construct comprising predictive and prescriptive analytics, while FSP is considered from a triple bottom line (TBL) perspective comprising the economic, social, and environmental lines of firm performance. The study relies exclusively on independent third-party BDA and FSP data pertaining to 522 firms from the US S&P500 Index and the Canadian S&P500/TSX60 Index. The data is analyzed with ordinary least squares (OLS) regression, and the findings reveal, on aggregate, that BDA has a direct, positive, and significant effect on overall FSP. The results of the piecemeal analysis show that BDA is positively related to the economic, social, and environmental dimensions. Furthermore, our distinction between predictive and prescriptive analytics suggests that prescriptive analytics outperforms the FSP results obtained with predictive analytics moderately. The study insights provide strategic knowledge for firms seeking to leverage digitalization for enhanced corporate citizenship while boosting their digital capabilities. The impact of technology, especially Big Data, on sustainability, has gained traction in the literature, yet this is the first study to delve deeper into the detailed relationships between both constructs by deciphering and quantifying the impact of BDA components on the TBL.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1261-1278"},"PeriodicalIF":8.3,"publicationDate":"2024-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.2990","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116177","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Value-enhancing drivers of corporate governance in improving human rights due diligence: Worldwide evidence

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-17 DOI: 10.1002/csr.3001

Riccardo Torelli, Simona Fiandrino, Francesco Scarpa

{"title":"Value-enhancing drivers of corporate governance in improving human rights due diligence: Worldwide evidence","authors":"Riccardo Torelli, Simona Fiandrino, Francesco Scarpa","doi":"10.1002/csr.3001","DOIUrl":"https://doi.org/10.1002/csr.3001","url":null,"abstract":"The study aims to investigate the role of corporate governance in driving effective human rights due diligence (HRDD) practises. The study tests the impact of corporate governance mechanisms on HRDD on an international sample of 509 listed companies operating in high-risk sectors included in the Corporate Human Rights Benchmark. Our findings show the positive effect of corporate governance on HRDD, suggesting that committed corporate governance, especially sustainability committee and board diversity, improves the effectiveness of HRDD carried out by companies. Our study contributes to the literature by providing insights into enhancement-based drivers of corporate governance, which positively impact HRDD. This research also has practical implications for companies because it can help them enhance their HRDD by establishing a sustainability committee or supporting gender diversity within the board. This research addresses social and policy implications considering the European directive on corporate sustainability due diligence directive (CSDDD), which mandates HRDD for large EU and non-EU companies.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1279-1290"},"PeriodicalIF":8.3,"publicationDate":"2024-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116178","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Implementation of social responsibility in digital transformation: An opportunity or a challenge to corporate innovation performance

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-17 DOI: 10.1002/csr.2970

Guanglei Zhang, Qi Xie, Huangting Gao, Jintao Lu, Nicola Cucari

{"title":"Implementation of social responsibility in digital transformation: An opportunity or a challenge to corporate innovation performance","authors":"Guanglei Zhang, Qi Xie, Huangting Gao, Jintao Lu, Nicola Cucari","doi":"10.1002/csr.2970","DOIUrl":"https://doi.org/10.1002/csr.2970","url":null,"abstract":"This study investigates the role of corporate social responsibility (CSR) in either facilitating or hindering the innovation performance of high-tech enterprises undergoing digital transformation. By empirically analyzing data from 11,107 high-tech enterprises listed on the Shanghai and Shenzhen stock exchanges between 2007 and 2020, the research aims to clarify the impact of CSR on corporate innovation. The results show a positive correlation between digital transformation and firm innovation performance. In addition, the study identifies a significant mediating effect of research and development (R&D) investment intensity, suggesting that increased R&D investment enhances the benefits of digital transformation. However, it also finds that CSR implementation negatively moderates this relationship, suggesting that an excessive focus on CSR can be economically burdensome and potentially detrimental to innovation efforts. These findings provide valuable insights into the complex interplay between digital transformation, R&D investment, and CSR in high-tech firms.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1245-1260"},"PeriodicalIF":8.3,"publicationDate":"2024-10-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143116176","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Correction to “Sustainability policies adoption within Italian Michelin-starred restaurants: From external drivers to costs”

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-17 DOI: 10.1002/csr.3019

引用次数: 0

Seeing is believing: Do face-to-face meetings between independent directors and investors enhance corporate ESG performance?

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-16 DOI: 10.1002/csr.3014

Qi Liu, Shuai Qin, Chen Chen

{"title":"Seeing is believing: Do face-to-face meetings between independent directors and investors enhance corporate ESG performance?","authors":"Qi Liu, Shuai Qin, Chen Chen","doi":"10.1002/csr.3014","DOIUrl":"https://doi.org/10.1002/csr.3014","url":null,"abstract":"This article explores the topic of whether face-to-face communication between independent directors and investors can help them obtain firm-specific information and promote management to improve corporate environmental, social, and governance (ESG) performance. Our findings revealed a notable positive correlation between the frequency of independent directors attending shareholder meetings (IDASM) and ESG performance. The underlying mechanism for this correlation is that IDASM increases investment in research and development (R&D) and green patent applications, which can drive long-term firm value. Further analysis reveals that independent directors attending annual shareholder meetings can more effectively enhance a company's ESG performance. Independent directors attending shareholder meetings also exhibits a more noticeable impact on improving corporate governance performance than environment performance and social performance. The effect becomes more pronounced when independent directors possess an accounting background, have shorter tenures, when the meetings attended by more minority shareholders, the degree of enterprise information asymmetry is high. The research results have reference significance for improve the information disadvantage position of independent directors, restrain short-sighted behavior of management, and improving the role of shareholder meetings in protecting investor interests.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1213-1229"},"PeriodicalIF":8.3,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115679","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Impact of environmental, social, and governance performance on cash holdings in BRICS: Mediating role of cost of capital

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-16 DOI: 10.1002/csr.3012

Sisi Chen, Umar Farooq, Salem Hamad Aldawsari, Sami Sobhi Waked, Mamoun Badawi

{"title":"Impact of environmental, social, and governance performance on cash holdings in BRICS: Mediating role of cost of capital","authors":"Sisi Chen, Umar Farooq, Salem Hamad Aldawsari, Sami Sobhi Waked, Mamoun Badawi","doi":"10.1002/csr.3012","DOIUrl":"https://doi.org/10.1002/csr.3012","url":null,"abstract":"As businesses globally navigate the intricate landscape of environmental, social, and governance (ESG) practices, understanding their financial implications becomes paramount. The primary objective is to illuminate the impact of ESG performance on cash holdings (CHO) within the context of the BRICS nations. Additionally, the study aims to explore the mediating role of the cost of capital (COC) in shaping these relationships. The empirical analysis was conducted on comprehensive dataset over the period 2010–2022 of BRICS. We establish the regression analysis by utilizing a fixed effect and system GMM models. The empirical findings reveal a significant negative (−0.012 coefficient value) impact of ESG performance on CHO, indicating that a one-unit increase in ESG can decrease the CHO by 1.2% and this effect is significant at 1%. This further highlights declining trend in cash reserves among companies embracing sustainability practices. Notably, the study documents the mediating role of the COC, showcasing its influence in reducing internal cash reserves in the presence of low external financing costs. The study highlights the financial benefits associated with robust ESG practices. Companies in the BRICS nations are encouraged to integrate sustainability considerations into their business strategies, recognizing the potential for reduced CHO and favorable COC outcomes. Beyond financial gains, the study underscores the societal and environmental contributions of ESG practices. This study contributes to the literature by uncovering the mediating role of the COC, providing a comprehensive understanding of how sustainability practices influence internal cash reserves in the context of diverse economic landscapes.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1182-1197"},"PeriodicalIF":8.3,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115696","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","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 corporate environmental reporting on the financial performance of listed manufacturing firms in Ghana (Csr-24-2036)

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-16 DOI: 10.1002/csr.3015

Musah Mohammed Saeed, Shahin Sultana Mohammed, Manisha Kumari, Ghanshyam Pandey

{"title":"The impact of corporate environmental reporting on the financial performance of listed manufacturing firms in Ghana (Csr-24-2036)","authors":"Musah Mohammed Saeed, Shahin Sultana Mohammed, Manisha Kumari, Ghanshyam Pandey","doi":"10.1002/csr.3015","DOIUrl":"https://doi.org/10.1002/csr.3015","url":null,"abstract":"A growing number of businesses are facing criticism for engaging in environmentally damaging practices. Despite advancements in technology and operational efficiency, the environmental challenges confronting businesses have become increasingly urgent. As disclosure requirements have expanded, the importance of reporting standards for environmental sustainability has risen. This study explores the impact of corporate environmental reporting on the financial performance of listed manufacturing firms in Ghana. It analyses 10 years (2012–2021) of annual reports from 20 publicly traded manufacturing companies, using panel regression and content analysis to assess the data. The findings reveal that environmental sustainability disclosure has a positive and significant effect on return on equity (ROE) and net profit margin. Furthermore, disclosures related to health, safety, and community development initiatives have a strong positive impact on ROE. The study recommends that policymakers develop guidelines, especially for environmental reporting, to aid firms in preparing their annual reports. It also suggests that corporate accountants expand their expertise and collaborate with environmental and ecological experts. This research offers valuable insights for policymakers and provides a foundation for further investigation into the effects of corporate environmental reporting on the performance of listed firms in sub-Saharan Africa.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1230-1244"},"PeriodicalIF":8.3,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115678","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Firm ownership and ESG performance in European agri-food companies: The mediating effect of risk-taking and time horizon

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-16 DOI: 10.1002/csr.3008

Megi Gega, Julia Höhler, Jos Bijman, Alfons Oude Lansink

{"title":"Firm ownership and ESG performance in European agri-food companies: The mediating effect of risk-taking and time horizon","authors":"Megi Gega, Julia Höhler, Jos Bijman, Alfons Oude Lansink","doi":"10.1002/csr.3008","DOIUrl":"https://doi.org/10.1002/csr.3008","url":null,"abstract":"The environmental, social, and corporate governance (ESG) performance of European agri-food companies is crucial amidst sustainability challenges. Employing property rights and agency theory, we investigate the influence of firm ownership structure on ESG performance, and the mediating role of risk-taking and time horizon. A recursive system of equations is employed to test the model using data from 936 European firms. The findings indicate that investor-owned firms (IOFs) outperform family firms and cooperatives in terms of ESG performance. Family firms demonstrate a longer time horizon, while IOFs exhibit greater risk-taking. Risk-taking and time horizon are positively and negatively associated with ESG performance, respectively. However, we find no evidence of a mediation effect. This paper contributes to the agency and property rights literature by exploring the implications of ownership structure for other firm characteristics and ESG performance, and outlines implications for policymakers and managers in the development of focused interventions towards sustainability.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1161-1181"},"PeriodicalIF":8.3,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3008","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Corporate social responsibility and climate change mitigation: Discovering the interaction role of green audit and sustainability committee

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-16 DOI: 10.1002/csr.3011

Kamran Mohy-ud-Din, Muhammad Shahbaz, Anna Min Du

{"title":"Corporate social responsibility and climate change mitigation: Discovering the interaction role of green audit and sustainability committee","authors":"Kamran Mohy-ud-Din, Muhammad Shahbaz, Anna Min Du","doi":"10.1002/csr.3011","DOIUrl":"https://doi.org/10.1002/csr.3011","url":null,"abstract":"This study explores the role of corporate social responsibility in bolstering firm resilience amid the escalating threats of climate change and climate policy uncertainties. Specifically, it assesses whether corporate social responsibility initiatives can act as strategic buffers enhancing corporate sustainability. The research utilizes a panel dataset comprising annual observations from 451 US-based firms over the period 2012 to 2023, yielding a total of 5412 firm-year observations. Our findings indicate that corporate social responsibility potentially reduces the detrimental effects of climate change and policy uncertainty. Furthermore, the study examines the interaction effects between sustainability committees and green audits on the efficacy of corporate social responsibility. Our results reveal that sustainability committees significantly strengthen the nexus between corporate social responsibility investments and effective climate change mitigation strategies, while green audits enhance firm capabilities to navigate climate policy uncertainties. Collectively, these findings suggest that robust corporate social responsibility practices contribute to corporate value creation in the face of climate-related challenges.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1198-1212"},"PeriodicalIF":8.3,"publicationDate":"2024-10-16","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143115697","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0

Female chief financial officers (CFOs) and environmental decoupling. The moderating impact of sustainability board committees

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2024-10-13 DOI: 10.1002/csr.3003

Patrick Velte

{"title":"Female chief financial officers (CFOs) and environmental decoupling. The moderating impact of sustainability board committees","authors":"Patrick Velte","doi":"10.1002/csr.3003","DOIUrl":"https://doi.org/10.1002/csr.3003","url":null,"abstract":"This study analyses the link between chief financial officer (CFO) gender and environmental decoupling. Moreover, the moderator effect of sustainability board committees is tested. Based on upper echelons theory, a sample of listed firms headquartered in the European Union (2312 firm-year observations) from the business years 2017–22 is used. In line with the theoretical framework and based on correlation and regression analyses, CFO gender is significantly and negatively linked with environmental decoupling. The existence of sustainability board committees strengthens this relationship. The results are robust to various robustness tests and endogeneity checks. This study contributes to the increasing research activity on the influence of corporate governance on environmental decoupling. Future research should analyze specific environmental decoupling dimensions and the impact of other CFO characteristics (e.g., expertise) on environmental decoupling. Regarding the stakeholder concerns on corporate environmental decoupling in recent years, firms should increase the quality of their environmental reports to build up increased stakeholder relations. To the best of our knowledge, this is the first empirical study on the relationship between CFO gender and corporate environmental decoupling. Moreover, the moderator effect of sustainability board committees is included as an innovative complementary driver.","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 1","pages":"1147-1160"},"PeriodicalIF":8.3,"publicationDate":"2024-10-13","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3003","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"143114871","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"管理学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

引用次数: 0