Corporate Social Responsibility and Environmental Management最新文献_第3页

Cross-Ownership and Bank Stability: The Moderating Role of Corporate Social Responsibility Disclosure 交叉持股与银行稳定性：企业社会责任披露的调节作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3247

Quang Khai Nguyen

{"title":"Cross-Ownership and Bank Stability: The Moderating Role of Corporate Social Responsibility Disclosure","authors":"Quang Khai Nguyen","doi":"10.1002/csr.3247","DOIUrl":"https://doi.org/10.1002/csr.3247","url":null,"abstract":"<div>\u0000 \u0000 <p>This study examines the impact of cross-ownership on bank stability and the moderating role of corporate social responsibility (CSR) disclosure on such impact. By using data from 560 banks across 38 countries and territories in Asia during the 2011–2022 period and applying the fixed-effect and system GMM methods, we provide important findings. Firstly, the broad cross-ownership degree increases bank stability, while significant ownership between banks reduces bank stability. Secondly, CSR disclosure can amplify the positive impact of the broad cross-ownership degree and mitigate the negative effects of significant ownership between banks on bank stability. The importance of CSR disclosure was amplified during the COVID-19 crisis. Thirdly, we found that the broad cross-ownership degree enhances bank stability via improved performance and reduced profit volatility, whereas significant ownership between banks reduces bank stability via decreasing bank profitability and decreasing capital ratios. Furthermore, CSR disclosure increases the positive effects of the broad cross-ownership degree via increasing the negative effects of the broad cross-ownership degree on profit volatility, while CSR disclosure reduces the negative effects of significant ownership between banks via reducing the negative impact of significant ownership between banks on profitability and capital ratios.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5348-5371"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574062","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

Climate Policy Uncertainty and Corporate Sustainability Capability: Evidence From ESG Performance 气候政策不确定性与企业可持续发展能力：来自ESG绩效的证据

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3244

Ximeng Liu, Youtao Xiang

{"title":"Climate Policy Uncertainty and Corporate Sustainability Capability: Evidence From ESG Performance","authors":"Ximeng Liu, Youtao Xiang","doi":"10.1002/csr.3244","DOIUrl":"https://doi.org/10.1002/csr.3244","url":null,"abstract":"<div>\u0000 \u0000 <p>With the serious ecological damage and frequent climate risks, stakeholders are increasingly concerned about corporate sustainability capability. Government agencies are also actively formulating climate policies to guide corporates to carry out ESG behaviors and promote economic and social sustainability. However, frequent climate policies may bring significant policy uncertainty, inhibiting firms' capability to improve sustainability. Based on the sample data of 742 listed firms in China from 2011 to 2022, we examine the impact of climate policy uncertainty (CPU) on corporate sustainability capability. The study finds that CPU significantly inhibits corporate sustainability capability, and this conclusion remains valid after a series of robustness tests. The mechanism tests show that CPU significantly inhibits corporate sustainability capability by reducing climate perception capability, triggering investor pessimism, and increasing bank risk. Further research found that government digital transformation can directly reduce CPU, thereby reducing the negative impact on corporate sustainability capability. The moderation analysis reveals that corporate digital transformation can significantly positively moderate the impact of CPU on corporate sustainability capability. The findings from the heterogeneity test indicate that corporates with high policy and risk sensitivity are more significantly affected by CPU in terms of their sustainability capability. Overall, this paper adds to the micro-level analytical framework and empirical evidence of climate policy shocks. Policymakers should pay attention to the issue of climate policy uncertainty and mitigate its negative shock on the sustainable development capacity of enterprises by creating more stable climate policy expectations.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5302-5322"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574060","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 Bane to Boon: How Global Fortune 500 Companies Disclose About Using Servitisation and Industry 4.0 as Circular Economy Strategy 从祸到福：世界500强企业如何披露将服务化和工业4.0作为循环经济战略

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3232

Sehrish Atif, Abeer Hassan

{"title":"From Bane to Boon: How Global Fortune 500 Companies Disclose About Using Servitisation and Industry 4.0 as Circular Economy Strategy","authors":"Sehrish Atif, Abeer Hassan","doi":"10.1002/csr.3232","DOIUrl":"https://doi.org/10.1002/csr.3232","url":null,"abstract":"<p>This study investigates the interplay between circular economy (CE) practices, Servitisation, and Industry 4.0 (I4.0) within the context of global Fortune 500 companies' disclosure practices examining how the sample reports on the use of Servitisation and I4.0 technologies as CE strategy across three phases: resource reduction, product lifecycle extension, and material recovery. Using content analysis and quantitative methods over a five-year period (2018–2022). Findings indicate that while Servitisation and I4.0 positively influence early CE phases, I4.0's impact on recycling and recovery (CE-Phase 3) is limited when control variables are considered. This suggests challenges in fully integrating I4.0 with advanced CE activities. The study contributes to the theoretical frameworks of resource-based view (RBV) and dynamic capabilities theory (DCT) by illustrating how firms leverage their internal resources and capabilities to enhance their CE-related disclosure practices through the adoption of Servitisation and I4.0 technologies. The findings suggest that companies must develop dynamic capabilities to adapt and integrate these technologies into their business models, particularly when transitioning to more advanced CE activities. The findings highlight the need for companies to develop dynamic capabilities to integrate I4.0 into advanced CE strategies to enhance transparency in their disclosure practices. Additionally, this study provides insights for regulatory bodies to refine CE disclosure guidelines and support businesses in overcoming implementation challenges. Future research should explore specific I4.0 technologies, the accountability challenges in CE transitions, and their impact on sustainability reporting frameworks.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5277-5301"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3232","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574180","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

When You Find the Opportunity in Negative Environmental Impacts: A Look at Firms' Responses, Performance and Innovativeness 当你在负面环境影响中发现机会：看企业的反应、绩效和创新

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-15 DOI: 10.1002/csr.3245

Viktor Prokop, Fazal Ur Rehman, Agnieszka Karman, Carlo Giglio, Denys Dmytrenko, Jana Hojnik

{"title":"When You Find the Opportunity in Negative Environmental Impacts: A Look at Firms' Responses, Performance and Innovativeness","authors":"Viktor Prokop, Fazal Ur Rehman, Agnieszka Karman, Carlo Giglio, Denys Dmytrenko, Jana Hojnik","doi":"10.1002/csr.3245","DOIUrl":"https://doi.org/10.1002/csr.3245","url":null,"abstract":"<p>As far as we know, recent knowledge on adverse environmental impacts on firms' green behaviour, innovativeness and performance is limited, including scant empirical analysis. Theoretical gaps, particularly in ecological economics and environmental management, can also be seen in this context. We therefore fill these shortcomings of prior research by empirically examining above impacts within the territory of the (1) Southern and (2) Central and Eastern European countries, where such analyses are missing. Based on the CB-SEM technique, our original approach tests how firms' environmental behaviours, innovativeness, and performances are affected by negative environmental impacts expressed by monetary losses because of (i) extreme weather events and (ii) pollution not generated by the firm. To this end, we analyse more than 6000 firms in 11 European countries. Newly, we confirm that exposure to environmental impacts spurs firms' green behaviours, which can also act as a mediator between these environmental shocks and firms' innovativeness. Moreover, we also confirm the mediating role of green behaviours between exposure to environmental impacts and sales performance within Central and Eastern European countries. To our surprise, we find that firms' innovativeness is positively affected by their exposure to environmental impacts among both analysed territories. Our study opens new frontiers in the research fields of ecological policy, climate change adaptation and firms' eco-innovation management and suggests several implications for practitioners and researchers.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5323-5336"},"PeriodicalIF":8.3,"publicationDate":"2025-05-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3245","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574061","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

Proximity Strategies for Stakeholder Engagement in Business Models for Sustainability: A Conceptual Framework 可持续发展商业模式中利益相关者参与的接近策略：一个概念框架

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-14 DOI: 10.1002/csr.3236

Giovanna Attanasio, Lea Fobbe, Cinzia Battistella

{"title":"Proximity Strategies for Stakeholder Engagement in Business Models for Sustainability: A Conceptual Framework","authors":"Giovanna Attanasio, Lea Fobbe, Cinzia Battistella","doi":"10.1002/csr.3236","DOIUrl":"https://doi.org/10.1002/csr.3236","url":null,"abstract":"<p>Stakeholder engagement is a crucial part of business models for sustainability (BMfS), but companies struggle to implement it. One approach that could be leveraged is the concept of proximity, as it can enable sharing of knowledge and values. However, there is a lack of studies exploring proximity dimensions in BMfS and how they can be combined to facilitate the integration of stakeholder engagement in BMfS. Based on multiple case study research, this paper fills this gap by proposing the Stakeholder engagement in BMfS proximity framework, highlighting how five BMfS proximity dimensions (identity, production and supply chain, functional, inter-organizational and environmental proximity) can be combined in BMfS components through three distinctive strategies—adaptation, association, and identity strategy. These strategies facilitate stakeholder engagement by creating the perception of multiple localities, multiple communities, or a combination of those, providing an enhanced conceptual understanding of stakeholder engagement in BMfS for academics and practitioners.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5258-5276"},"PeriodicalIF":8.3,"publicationDate":"2025-05-14","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3236","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144573902","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

Advancing Sustainability Reporting in ASEAN: Insights From a Systematic Review (2019–2023) 推进东盟可持续发展报告：来自系统审查的见解（2019-2023）

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-12 DOI: 10.1002/csr.3251

Louis Yong Yu Lee, Jamin Kun Peng Xia, Daisy Mui Hung Kee

{"title":"Advancing Sustainability Reporting in ASEAN: Insights From a Systematic Review (2019–2023)","authors":"Louis Yong Yu Lee, Jamin Kun Peng Xia, Daisy Mui Hung Kee","doi":"10.1002/csr.3251","DOIUrl":"https://doi.org/10.1002/csr.3251","url":null,"abstract":"<div>\u0000 \u0000 <p>This article presents a systematic review of causal sustainability reporting (SR) research conducted within the Association of Southeast Asian Nations (ASEAN) from 2019 to 2023. Based on 46 quantitative studies indexed in Scopus and Web of Science and guided by PRISMA methodology, the review investigates how SR has been conceptualized, applied, and theorized across ASEAN's varied institutional context. Key findings reveal a geographical concentration of studies in Malaysia and Indonesia, limited representation from smaller ASEAN economies, and a predominant reliance on stakeholder, agency, and legitimacy theories. The findings further identify SR's evolving roles as a dependent, independent, mediating, and moderating variable within organizational research. The review stresses ASEAN's distinctive hybrid SR model, influenced by fragmented regulatory environments, corporate governance demands, and collectivist cultural influences. Compared to more institutionalized European practices or development-driven African contexts, ASEAN's approach reflects a flexible, context-sensitive trajectory. This study contributes to the global SR discourse by highlighting the region's emerging patterns and offering a better understanding relevant to scholars and practitioners in sustainability, governance, and corporate responsibility.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5238-5257"},"PeriodicalIF":8.3,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144573851","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

A Place to Remember? Exploring Perceived Destination Sustainability Effects on Memory and Place Attachment: The Role of Tourism Experience and Value Co-Creation 一个值得纪念的地方？目的地可持续性对记忆和地方依恋的影响：旅游体验和价值共同创造的作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-12 DOI: 10.1002/csr.3237

William Quezado F. Cavalcante, Arnaldo Coelho, Cristela Maia Bairrada

{"title":"A Place to Remember? Exploring Perceived Destination Sustainability Effects on Memory and Place Attachment: The Role of Tourism Experience and Value Co-Creation","authors":"William Quezado F. Cavalcante, Arnaldo Coelho, Cristela Maia Bairrada","doi":"10.1002/csr.3237","DOIUrl":"https://doi.org/10.1002/csr.3237","url":null,"abstract":"<p>This study investigates the impact of perceived destination sustainability on memory and place attachment, mediated by tourism experience and value co-creation, within the framework of Signaling Theory and the resource-based view. Data from 390 Americans who visited Brazil in the last 12 months were collected through an online survey. The study utilized structural equation modeling (SEM) to validate both direct and indirect relationships in the data. The study supports all proposed hypotheses, indicating that perceived destination sustainability positively influences destination tourism experience and value co-creation. Moreover, tourism experience positively affects memory and place attachment, as does value co-creation. This study fills research gaps in sustainable tourism by examining perceived destination sustainability from tourists' perspectives. The study's limitations include sample size and its focus on American tourists visiting Brazil. This research underscores the importance of sustainable practices in enhancing tourists' experiences and fostering stronger bonds with destinations.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5222-5237"},"PeriodicalIF":8.3,"publicationDate":"2025-05-12","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.3237","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574118","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

Examining Host-Country Specific Socially Responsible Human Resource Management: The Interplay of Host Country Contexts, Institutional Distance and Country-of-Origin Effects 考察东道国具体的社会责任人力资源管理：东道国背景、制度距离和原产国效应的相互作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-11 DOI: 10.1002/csr.3239

Meng Ye, Wei Chen, Hui Guo, Kunhui Ye

{"title":"Examining Host-Country Specific Socially Responsible Human Resource Management: The Interplay of Host Country Contexts, Institutional Distance and Country-of-Origin Effects","authors":"Meng Ye, Wei Chen, Hui Guo, Kunhui Ye","doi":"10.1002/csr.3239","DOIUrl":"https://doi.org/10.1002/csr.3239","url":null,"abstract":"<div>\u0000 \u0000 <p>Socially responsible human resource management (SRHRM) is crucial for multinational enterprises to implement corporate social responsibility (CSR) initiatives in host countries to gain legitimacy. However, SRHRM implementation is inevitably shaped by institutional factors. This study examines the interplay of host country contexts, institutional distance, and country of origin on different dimensions of host-country specific SRHRM practices, that is, employee-oriented, general CSR facilitation, and local sustainability contribution practices. A mixed method was applied to this study. Data regarding host-country specific SRHRM practices of 52 international construction companies from 2018 to 2022 were extracted from CSR reports by using content analysis. The data were then analyzed through logistic regression models. The findings reveal that host country contexts positively impact employee-oriented and CSR facilitation practices but negatively affect local sustainability contribution practices. Institutional distance is found to positively affect all three dimensions of SRHRM practices. Moreover, the country of origin plays a moderating role in the effects of host country contexts and institutional distance on host-country specific SRHRM practices. The findings offer companies valuable insights into developing SRHRM implementation policies that account for complex external and internal environments.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5205-5221"},"PeriodicalIF":8.3,"publicationDate":"2025-05-11","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144573897","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

Corporate Social Responsibility and Work Engagement: A Moderated Serial Mediation Model 企业社会责任与工作投入：一个有调节的序列中介模型

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-08 DOI: 10.1002/csr.3233

Mengna Lv, Kun Luan

{"title":"Corporate Social Responsibility and Work Engagement: A Moderated Serial Mediation Model","authors":"Mengna Lv, Kun Luan","doi":"10.1002/csr.3233","DOIUrl":"https://doi.org/10.1002/csr.3233","url":null,"abstract":"<div>\u0000 \u0000 <p>Research on how corporate social responsibility (CSR) impacts employees at the micro level has increased rapidly in recent years. Drawing on social information processing theory, we employed a moderated serial mediation model to explore the mechanisms through which perceived CSR affects employee work engagement. We also examined how perceived CSR instrumentality moderates the relationship. Our study has utilized a two-wave survey (<i>N</i> = 354) and a scenario experiment (<i>N</i> = 230). The results support both mediation and moderation effects. Perceived CSR positively affects employee work engagement, and the relationship is sequentially mediated by CSR authenticity perception and authentic living. Moreover, perceived CSR instrumentality moderates the serial mediating effect such that the indirect relationship between perceived CSR and work engagement is stronger when employees perceive the CSR instrumentality as low (vs. high). Our findings deepen understanding of the mechanism underlying the CSR work engagement relationship and offer practical implications for organizations conducting CSR initiatives.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5190-5204"},"PeriodicalIF":8.3,"publicationDate":"2025-05-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144574050","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

Formal Institutions and Voluntary CSR/ESG Disclosure: The Role of Institutional Diversity and Firm Size 正式制度与企业社会责任/ESG自愿披露：制度多样性和企业规模的作用

IF 8.3 2区管理学

Corporate Social Responsibility and Environmental Management Pub Date : 2025-05-07 DOI: 10.1002/csr.3195

Silvia Solimene, Daniela Coluccia, Stefano Fontana, Alessandro Bernardo

{"title":"Formal Institutions and Voluntary CSR/ESG Disclosure: The Role of Institutional Diversity and Firm Size","authors":"Silvia Solimene, Daniela Coluccia, Stefano Fontana, Alessandro Bernardo","doi":"10.1002/csr.3195","DOIUrl":"https://doi.org/10.1002/csr.3195","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper explores the interplays between institutional and organisational variables in explaining heterogeneity among firms in CSR/ESG disclosure under voluntary regimes and in different institutional contexts, within the neo-institutional perspective. Moderating hypotheses hold that the relationship between CSR/ESG and Formal Institutions is affected by stakeholder pressure and firm size. The study uses fixed-effects multiple linear regression on a sample of 841 MSCI World Index listed companies over the period 2008–2016. Using the Bloomberg ESG disclosure score as the measure of voluntary CSR disclosure, we find that organisational characteristics explain most of the variation in firms' CSR/ESG disclosure, whereas variations in legislative factors at a country level explain less. Further, we show that external stakeholder pressures play a central role in the association between coercive formal institutions and firms' CSR/ESG, as well as firm size. We confirm the normative and mimetic isomorphism towards legitimacy-seeking attitudes rather than coercive mechanisms in the CSR/ESG domain. The study expands prior research on neo-institutional forces driving CSR/ESG disclosure. They may not always act as constraints on CSR/ESG disclosure, since companies self-regulate their voluntary behaviour under global governance. The study also aims to inspire explorations of the consequences of introducing mandatory regulations for nonfinancial CSR/ESG information.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 4","pages":"5147-5166"},"PeriodicalIF":8.3,"publicationDate":"2025-05-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144573944","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