Corporate Social Responsibility and Environmental Management最新文献_第2页

Associate With the Green to Become Greener: TMT Network and Corporate ESG Performance 与绿色相伴，走向绿色：TMT网络与企业ESG绩效

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-22 DOI: 10.1002/csr.3256

Haodan Tang, Ruifeng Zhao, Dianchuan Jiang, Ziqi Chu

引用次数: 0

ESG Rating Disagreement and Sustainability Reporting: The Role of Reporting Standards and Assurance Practices ESG评级分歧与可持续发展报告：报告标准和鉴证实务的作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-22 DOI: 10.1002/csr.3241

M. Arena, G. Azzone, G. Piantoni, B. I. Tabarelli De Fatis, M. Wang

{"title":"ESG Rating Disagreement and Sustainability Reporting: The Role of Reporting Standards and Assurance Practices","authors":"M. Arena, G. Azzone, G. Piantoni, B. I. Tabarelli De Fatis, M. Wang","doi":"10.1002/csr.3241","DOIUrl":"https://doi.org/10.1002/csr.3241","url":null,"abstract":"<p>Though environmental, social, and governance (ESG) ratings have the common ambition of measuring companies' sustainability-related risks, their usefulness is undermined by the issue of disagreement among diverse ESG ratings. Among the determinants of ESG disagreement, this paper focuses on the input information used by rating agencies, with specific attention to public disclosures. In detail, the paper aims at understanding whether adopting sustainability standards and external assurance of sustainability reports affects ESG rating disagreement. Based on an analysis of STOXX 600 and S&P 500 companies, and considering leading ESG providers (Refinitiv, S&P, Sustainalytics, MSCI, and ISS), our results show that, whilst the adoption of reporting standards does not influence ESG rating disagreement, the adoption of assurance practices determines a reduction of this phenomenon. Based on these results, the paper discusses implications for regulators and investors and provides paths for future research.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5446-5468"},"PeriodicalIF":8.3,"publicationDate":"2025-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3241","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574278","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

Does It Pay for Family Firms to Go Green? The Moderating Role of Familiness 家族企业走绿色道路值得吗？家庭性的调节作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-22 DOI: 10.1002/csr.3248

Francesco Gangi, Nicola Varrone, Lucia Michela Daniele, Eugenio D'Angelo, Maria Coscia

引用次数: 0

The Nexus of Managerial Myopia and Transparency in ESG Information: Evidence From the Textual Analysis of ESG Disclosures 管理短视与ESG信息透明度的关系：来自ESG披露文本分析的证据

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-22 DOI: 10.1002/csr.3242

Yanqi Sun, Ziyao San, Cheng Xu, Howard Davey

{"title":"The Nexus of Managerial Myopia and Transparency in ESG Information: Evidence From the Textual Analysis of ESG Disclosures","authors":"Yanqi Sun, Ziyao San, Cheng Xu, Howard Davey","doi":"10.1002/csr.3242","DOIUrl":"https://doi.org/10.1002/csr.3242","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the relationship between managerial myopia and ESG (environmental, social, and governance) disclosures, focusing on how CEOs with a short-term orientation influence corporate ESG transparency practices. Using a unique dataset of Chinese listed firms from 2009 to 2021, we apply machine learning-based textual analysis to measure managerial myopia from annual report narratives. Empirical results show that myopic CEOs are significantly less likely to disclose ESG information, even when such disclosures could yield immediate governance or signaling benefits. However, responses to external scrutiny vary: under government oversight, myopic managers tend to disclose strategically and cautiously, limiting transparency; under analyst scrutiny, by contrast, they exhibit a greater level of ESG disclosures, suggesting market forces play a more effective role in mitigating short-term bias. These findings highlight the importance of institutional context in shaping the impact of CEO time orientation on ESG disclosure. The study contributes to the literature on behavioral corporate governance and offers practical insights for regulators, boards, and investors in emerging markets like China.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5469-5489"},"PeriodicalIF":8.3,"publicationDate":"2025-05-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574279","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

From Strategy to Storefront: CSR and Brand Competitiveness in Franchise Networks 从战略到店面：特许经营网络中的企业社会责任与品牌竞争力

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-21 DOI: 10.1002/csr.3252

Nina Gorovaia, Dildar Hussain

{"title":"From Strategy to Storefront: CSR and Brand Competitiveness in Franchise Networks","authors":"Nina Gorovaia, Dildar Hussain","doi":"10.1002/csr.3252","DOIUrl":"https://doi.org/10.1002/csr.3252","url":null,"abstract":"<p>We investigate the relationship between corporate social responsibility (CSR) and brand competitiveness in franchising. Our paper demonstrates the challenges of adopting CSR programs in franchise networks as franchisees are independent entrepreneurs whose activities are governed by franchise contracts. We measure CSR on two dimensions: proactive CSR—franchisor's strategy, and partner preference—selection of franchisees with proven CSR commitment. Grounded in the brand co-creation concept, we crowdsource the brand competitiveness data from an anonymous crowd of customers—active experiencers of the brand and use traditional survey methodology to collect brand data from the franchisors—original brand creators. The franchisor survey had 65 usable responses, with data collected from senior managers of franchise organizations in Austria. In the crowdsourced survey, each brand received a different number of assessments from min 87 to max 238, with an average of 142 assessments per brand. The results of cluster and regression analyses suggest that CSR positively influences franchise firms' brand competitiveness.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5420-5429"},"PeriodicalIF":8.3,"publicationDate":"2025-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3252","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574013","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

Climate Governance and Sustainability Reporting 气候治理和可持续发展报告

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-21 DOI: 10.1002/csr.3259

Muhammad Farooq, Hussain Muhammad

{"title":"Climate Governance and Sustainability Reporting","authors":"Muhammad Farooq, Hussain Muhammad","doi":"10.1002/csr.3259","DOIUrl":"https://doi.org/10.1002/csr.3259","url":null,"abstract":"<div>\u0000 \u0000 <p>In this study, we examine how climate governance influences sustainability reporting among U.S. nonfinancial firms. Our results show a positive relationship between climate governance practices (such as <i>CSR committees, executive environmental incentives, CSR audit reports, UN Global Compact membership, and GRI reporting adherence</i>) and sustainability reporting. Firms using these practices produce more transparent reports, reducing information asymmetry and benefiting stakeholders. Climate governance supports reliable sustainability reporting and helps firms manage climate-related risks in line with stakeholder expectations. These findings are valuable for investors seeking firms with strong climate governance, supporting portfolio choices that balance returns with environmental responsibility. Such understanding also reduces exposure to regulatory and reputational risks from poor ESG performance. Policymakers can draw on these results to design regulations that encourage climate governance practices, improve reporting standards, and advance sustainability efforts across industries.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5430-5445"},"PeriodicalIF":8.3,"publicationDate":"2025-05-21","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574014","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 Influence of Power on Manufacturers' Social Responsibility Towards Suppliers in Supply Chains 权力对供应链制造商对供应商社会责任的影响

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-20 DOI: 10.1002/csr.3254

Rui Yang, Jieyu Wang, Taiwen Feng

{"title":"The Influence of Power on Manufacturers' Social Responsibility Towards Suppliers in Supply Chains","authors":"Rui Yang, Jieyu Wang, Taiwen Feng","doi":"10.1002/csr.3254","DOIUrl":"https://doi.org/10.1002/csr.3254","url":null,"abstract":"<div>\u0000 \u0000 <p>Amid globalization and rising competition, corporate social responsibility (CSR) is recognized as a key factor in company sustainable development. However, there is a notable lack of attention in existing CSR literature about the issue of manufacturer-supplier power dependence. To bridge this gap, this study builds a supply chain network of listed companies, using the top five customers/suppliers information disclosed in the annual reports of A-share listed companies in China from 2010 to 2021, and tests the hypothesized relationships based on the resource dependence theory (RDT). The findings show that supply chain power has a negative impact on manufacturers' social responsibility toward supplier. Further analysis reveals that increased company visibility helps mitigate this negative relationship, while earnings pressure strengthens this effect. In addition, this relationship is more significant in low-competition, heavy-pollution industries, and in the maturity and recession stages of companies. This study contributes to a comprehensive understanding of the theoretical framework of CSR and enriches the understanding of the decision-making mechanisms behind manufacturers' behavior.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5401-5419"},"PeriodicalIF":8.3,"publicationDate":"2025-05-20","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144573910","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

Does It Pay to be Both Responsible and Irresponsible? A Longitudinal Configurational Analysis on the Largest US Firms 既负责又不负责任是否值得？美国最大企业的纵向配置分析

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-19 DOI: 10.1002/csr.3240

Thi Minh Ngoc Nguyen, Sébastien Brion, Vincent Chauvet

{"title":"Does It Pay to be Both Responsible and Irresponsible? A Longitudinal Configurational Analysis on the Largest US Firms","authors":"Thi Minh Ngoc Nguyen, Sébastien Brion, Vincent Chauvet","doi":"10.1002/csr.3240","DOIUrl":"https://doi.org/10.1002/csr.3240","url":null,"abstract":"<div>\u0000 \u0000 <p>A fundamental concern in management research is whether, how, and when corporate social responsibility (CSR) leads to corporate financial performance (CFP). Despite countless research efforts, answers to these questions are still lacking. We address this gap by suggesting a fresh viewpoint: the existence of corporate social irresponsibility (CSI) and the dynamic relationship between CSR and CSI. Specifically, we draw on the signaling perspective and the optimal distinctiveness lens to explore the financial implications of both responsibility- and irresponsibility-related signals in their relational mechanisms. Using a sample of the largest firms in the United States and a constructed longitudinal configuration framework, we show that firms tend to move away from pure CSR or CSI strategies and use specific combinations of both to support high levels of financial performance. In these configurations, firms that persist in their irresponsible activities can thus engage in a few responsible actions to maintain their financial performance over the years. By leveraging these findings to develop a typology of strategic CSR trajectories toward high financial performance, we make several theoretical contributions to CSR and CSI research and offer practical implications for firm managers in dealing with the tensions between social responsibility and irresponsibility.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5382-5400"},"PeriodicalIF":8.3,"publicationDate":"2025-05-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574301","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

Disclosure of Information on Natural Carbon Sinks in Environmental Sustainability Reports: Evidence From Family-Owned Firms in Taiwan 环境可持续发展报告中天然碳汇信息披露：来自台湾家族企业的证据

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3253

Hui-Cheng Yu

{"title":"Disclosure of Information on Natural Carbon Sinks in Environmental Sustainability Reports: Evidence From Family-Owned Firms in Taiwan","authors":"Hui-Cheng Yu","doi":"10.1002/csr.3253","DOIUrl":"https://doi.org/10.1002/csr.3253","url":null,"abstract":"<div>\u0000 \u0000 <p>This study explored the attitudes of firms toward engaging in net-zero carbon emission activities and analyzed the implementation of net-zero policies by family-owned firms in terms of the quality of information on natural carbon sinks disclosed in sustainability reports. Through content analysis, the quality of information on natural carbon sinks disclosed in sustainability reports was evaluated for a sample of Taiwanese family-owned firms from 2020 to 2022. Nonfamily-owned firms disclosed higher quality information on natural carbon sinks than did family-owned firms. In the high-tech electronics industry, nonfamily-owned firms disclosed higher quality information on planning, practices, and outcomes for natural carbon sinks than did family-owned firms. Carbon sequestration by natural carbon sinks is a long-term process and is the greenest and environmentally friendliest method for reducing carbon emissions. This method increases ecological diversity. This study also provided a more comprehensive understanding of enterprises' attitudes toward achieving net-zero emissions.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5372-5381"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574176","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

Do Sustainability-Linked Bonds Pay Lower Interest Rates? 与可持续发展挂钩的债券利率低吗？

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3246

Alfons Oude Lansink, Magdalena Kapelko

{"title":"Do Sustainability-Linked Bonds Pay Lower Interest Rates?","authors":"Alfons Oude Lansink, Magdalena Kapelko","doi":"10.1002/csr.3246","DOIUrl":"https://doi.org/10.1002/csr.3246","url":null,"abstract":"<p>Sustainability-Linked Bonds (SLBs) are a recent phenomenon in debt financial markets that is attracting increasing attention in the literature. Nevertheless, there is still very little evidence on the potential existence of a so-called interest premium, reflecting the investors' willingness to accept lower expected returns for holding SLBs as compared to conventional bonds. This paper proposes the use of a frontier approach for analyzing the presence of the SLBs premium using Data Envelopment Analysis (DEA). In particular, we develop a two-stage procedure. In the first stage, DEA is applied to derive inefficiency measures reflecting the distance of the bond to a frontier defined by time to maturity, risk, and interest rate. Inefficiency indicates that the issuer pays a lower interest rate (discount) as compared to that of the highest yielding bonds located at the frontier. In the second stage, OLS regression with robust standard errors is used to analyze the relation between the distance to the frontier derived from the first stage and a set of bond characteristics, including a dummy variable indicating whether the bond is an SLB. The empirical application focuses on data of all bonds issued in Euros observed over the period 2015–2022. The main result shows that SLBs pay higher, though statistically insignificant, interest rates compared to conventional bonds. Hence, we do not find evidence for the SLBs interest premium and cost of capital argument, in which SLBs are issued to benefit from a cheaper source of financing.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5337-5347"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3246","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574179","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