Corporate Social Responsibility and Environmental Management最新文献

{"title":"From Tweets to Insights: Social Opinion Mining on Corporate Social Responsibility","authors":"Chiara Leggerini,&nbsp;Mariasole Bannò","doi":"10.1002/csr.70016","DOIUrl":"https://doi.org/10.1002/csr.70016","url":null,"abstract":"<p>Corporate Social Responsibility (CSR) has become increasingly critical as firms seek to balance financial goals with social and environmental responsibilities. Our study introduces a three-phase structured method to analyze stakeholders' opinions on CSR through Social Opinion Mining, utilizing stakeholder and legitimacy theories. The method involves collecting, cleaning, and analyzing a dataset of 349,370 Italian tweets (2006–2022) using sentiment analysis, topic modeling, and exploratory techniques. This approach highlights trends in CSR discussions, stakeholder sensitivities, and sentiment variations across regions. The findings contribute to CSR literature by offering a robust framework for firms to align CSR strategies with stakeholder interests and for policymakers to design targeted, sustainable initiatives. Our research advances understanding of CSR communication on social media, emphasizing its potential for strategic planning and stakeholder engagement.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5996-6015"},"PeriodicalIF":9.1,"publicationDate":"2025-06-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.70016","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990830","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}

{"title":"The Dynamics of ESG Peer Pressure and Corporate Resilience: Examining Through Firm-Perceived EPU and Governance Efficiency Perspectives","authors":"Han Lu,&nbsp;Sultan Sikandar Mirza,&nbsp;Chengming Huang","doi":"10.1002/csr.70001","DOIUrl":"https://doi.org/10.1002/csr.70001","url":null,"abstract":"<p>This study explores how environmental, social, and governance (ESG) performance-based peer pressure influences corporate resilience, with a focus on the moderating effects of firm-perceived economic policy uncertainty (FEPU) and governance efficiency (GE). Integrating stakeholder theory, resource dependence theory, and social norm theory, we analyze panel data from Chinese A-share listed firms on the Shanghai and Shenzhen Stock Exchanges (2010–2022). Results indicate that ESG peer pressure significantly negatively shapes corporate resilience, which is mainly originated from less resilient firms where environmental and social peer pressure are primary drivers, with FEPU amplifying its adverse effects and GE attenuating them. Moreover, Covid-19 sensitivity analysis reveals a temporal shift in the relationship between ESG peer pressure (ESGP) and corporate resilience in China. Heterogeneity analysis reveals that firm-specific attributes—including firm size, corporate sustainability levels, industry sector (non-manufacturing), environmental classification (non-heavy polluting), ownership structure (state-owned enterprises), and geographic location (central/western regions)—critically determine firms' susceptibility to ESG peer pressure. By elucidating the dynamic interplay between ESG peer pressure, external policy uncertainty, and internal governance mechanisms, this study advances theoretical discourse on competitive and regulatory drivers of corporate behavior. These findings offer actionable insights for policymakers seeking to incentivize sustainability, managers navigating competitive and regulatory landscapes, and investors evaluating ESG risks in uncertain economic contexts.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5858-5894"},"PeriodicalIF":9.1,"publicationDate":"2025-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.70001","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990822","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}

{"title":"Uncovering ESG Ratings: The (Im)Balance of Aspirational and Performance Features","authors":"Andrea Ferro,&nbsp;Daniele Marazzina,&nbsp;Davide Stocco","doi":"10.1002/csr.70007","DOIUrl":"https://doi.org/10.1002/csr.70007","url":null,"abstract":"<p>Environmental, Social, and Governance (ESG) scores are crucial for evaluating corporate sustainability. However, the undisclosed and complex methodologies used by rating agencies have raised concerns about their reliability and consistency. This study replicates LSEG's ESG scoring methodology using machine learning to shed light on the key drivers behind ESG ratings, with a focus on the balance between forward-looking promises (aspirational) and past achievements (performance). Our analysis finds that approximately 60% of ESG scores are based on aspirational promises, while only approximately 40% reflect actual performance. This imbalance suggests a potential over-reliance on future commitments, which could inflate ESG scores and mislead investors about a company's true sustainability efforts, even accounting for LSEG's transparency stimulation mechanism, where non-disclosure of material data is penalized. The findings emphasize the need for greater transparency and a clearer distinction between aspirational and performance metrics to ensure credible ESG assessments for informed investment decisions.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5895-5917"},"PeriodicalIF":9.1,"publicationDate":"2025-06-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.70007","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990823","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}

{"title":"Dynamic Evolution of Ambidextrous Digital Innovation Capabilities and the Development of Environmental, Social and Governance Performance","authors":"Siying Wang,&nbsp;Haiqing Hu,&nbsp;Xianzhu Wang,&nbsp;Yusheng Wang","doi":"10.1002/csr.70003","DOIUrl":"https://doi.org/10.1002/csr.70003","url":null,"abstract":"<div>\u0000 \u0000 <p>As firms face increasing pressure from external stakeholders, more organizations are striving to enhance their environmental, social, and governance (ESG) performance. Digital innovation capabilities (DICs) often play an important role in improving ESG performance. However, the interaction between different types of DICs—namely, exploratory and exploitative DICs—and their combined impact on ESG performance remains underexplored in existing research. Therefore, this study investigates how ambidextrous DICs (ADICs) affect ESG performance. The results indicate that ADICs significantly enhance ESG performance, and that market value (MV) partially mediates this relationship. Furthermore, financial regulation and structure positively moderate the link between ADICs and MV, indirectly contributing to improved ESG performance. These insights provide valuable guidance for organizations seeking to enhance ESG performance through a balanced approach to exploratory and exploitative DICs. Additionally, this study deepens the understanding of how ADICs and external financial environments collectively drive ESG improvements.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5833-5857"},"PeriodicalIF":9.1,"publicationDate":"2025-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990812","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}

{"title":"Exploring Social Value for Sustainability: A Revelatory Case Study","authors":"Anne-Karen Hueske,&nbsp;Samanthi Dijkstra-Silva","doi":"10.1002/csr.70002","DOIUrl":"https://doi.org/10.1002/csr.70002","url":null,"abstract":"<p>Social value for sustainability has received considerably less attention in academia compared to environmental and economic value. To remedy this, our study explores social value for sustainability, investigating an organization dedicated to social and societal contributions through education and empowerment, studying social value at a youth theatre. Drawing on the resource-based view, we distinguish value input and value output for the diversity of stakeholders. Juxtaposing input, that is, value invested, and output, that is, value created, identifies what stakeholders give to and gain from the organization. Our analysis reveals that, first, deliberate value invested and unintentional value are invested. Second, we find more nuances to social value, in particular, the role of value transformation as value drawn from the conversion of value, rather unique for social sustainability. Third, we move beyond the single organization and its stakeholders to identify value contribution to society. The insights from the single case study contribute to our conceptual framework for social value for sustainability that distinguishes deliberate social value invested, unintentional social value provided, social value transformation, social value created, and value contribution to society.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5818-5832"},"PeriodicalIF":9.1,"publicationDate":"2025-06-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.70002","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990811","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}

{"title":"Exploring the Influence of Accounting Reporting Complexity on ESG Disclosure","authors":"Hamzeh Al Amosh","doi":"10.1002/csr.70000","DOIUrl":"https://doi.org/10.1002/csr.70000","url":null,"abstract":"<div>\u0000 \u0000 <p>This study investigates the impact of accounting reporting complexity on the quality of environmental, social, and governance (ESG) disclosures, examining both the individual components of ESG reporting and the overall ESG score. Using a sample of 5146 firm-year observations from U.S.-based companies between 2012 and 2021, the study finds a significant negative impact of accounting reporting complexity on both environmental and overall ESG disclosures. This suggests that firms with complex financial reporting structures may be more likely to limit their sustainability-related disclosures, whether due to resource constraints, managerial discretion, or the difficulty of integrating ESG data within an already intricate reporting framework. The study also finds a weaker and only marginally significant negative effect of accounting complexity on social and governance disclosures, indicating that these dimensions may be less susceptible to the challenges posed by complex financial reporting. The findings are analyzed through the combined lenses of agency theory and information manipulation theory (IMT). Complex financial reporting frameworks create conditions conducive to the selective presentation of ESG information, as shareholders and other stakeholders often lack the capacity to verify every data point. From an agency theory standpoint, managers already possess deeper knowledge of firm operations, and intricate accounting systems further expand their discretion in deciding which details to highlight or suppress, limiting outsiders' ability to evaluate true sustainability performance. Meanwhile, information manipulation theory emphasizes how such complexity enables managers to shape disclosures in ways that amplify favorable outcomes while obscuring less impressive results. Consequently, reporting complexity heightens information asymmetry and increases monitoring costs, complicating the disclosure of critical ESG-related data and diminishing the transparency and credibility of sustainability reporting. The practical implications underscore the need for firms to address the transparency challenges posed by complex reporting structures by adopting standardized ESG reporting frameworks that ensure greater comparability and clarity. These findings also highlight the importance for policymakers and regulators to consider the role of financial reporting complexity when designing sustainability reporting guidelines.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5760-5778"},"PeriodicalIF":9.1,"publicationDate":"2025-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990741","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}

{"title":"Can Chain Leaders Stop Greenwashing Practices in Supply Chain Governance? An Empirical Investigation Into Business Strategies","authors":"Zhe Sun,&nbsp;Lei Liu,&nbsp;Liang Zhao,&nbsp;Diana Korayim,&nbsp;Rsha Alghafes","doi":"10.1002/csr.70011","DOIUrl":"https://doi.org/10.1002/csr.70011","url":null,"abstract":"<p>In the context of the global green transformation of supply chains, corporate greenwashing has exhibited a networked diffusion trend, yet the role of chain leaders in this governance process remains unclear. Based on resource orchestration theory (ROT), this study uses data from Chinese A-share listed firms and their supply chain partners spanning 2011–2022 as a sample to explore the mechanisms by which the dominant position of chain leaders suppresses greenwashing within supply chains. It also examines the contextual effects of digital transformation and government supervision. The findings reveal that: (1) chain leaders utilize dual pathways, namely, coordination (reducing supply–demand coordination costs and reconstructing business credit networks) and guidance (cultivating green cognition and facilitating green technological spillovers) to suppress greenwashing; (2) digital transformation unexpectedly exacerbates greenwashing, whereas government supervision strengthens governance efficacy; (3) greenwashing among geographically proximate partners and customer partners is more significantly influenced by chain leaders' governance. This study challenges the traditional supply chain efficiency paradigm by introducing a network-embedded explanation for greenwashing behavior.</p>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5795-5817"},"PeriodicalIF":9.1,"publicationDate":"2025-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/csr.70011","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990750","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}

{"title":"Corporate Awareness of Climate Change and Its Management: An Indian Perspective","authors":"Lekshmi Kumar,&nbsp;Ashish Aggarwal","doi":"10.1002/csr.70006","DOIUrl":"https://doi.org/10.1002/csr.70006","url":null,"abstract":"<div>\u0000 \u0000 <p>Awareness about climate change and ways to manage it are necessary prerequisites for any business aiming to reduce carbon emissions. A survey of 107 managers was used in one of the earliest attempts to know the climate change perception and carbon management awareness of Indian businesses. The respondents also gave specific and pertinent qualitative comments. The consensus on the magnitude of climate change and the role of humans and businesses is not reflected while acknowledging their organization's role in exacerbating the situation. Service-sector organizations consider themselves less energy-intensive and less polluting. Large companies, those from the manufacturing sector, private ownership, global presence, and respondents from sustainability functions were more aware of carbon management. The Ordinary Least Squares regression with multi-model inference (using the information-theoretic approach) indicated that the respondent's function, industry type, gender, and geography of operation of the organization are significant predictors of climate change and management awareness.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5779-5794"},"PeriodicalIF":9.1,"publicationDate":"2025-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990751","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}

{"title":"ESG Performance and Information Asymmetry: The Moderating Role of Ownership Concentration","authors":"Inês Pinto,&nbsp;Cristina Gaio","doi":"10.1002/csr.3260","DOIUrl":"https://doi.org/10.1002/csr.3260","url":null,"abstract":"<div>\u0000 \u0000 <p>The aim of this paper is to investigate how ESG (environmental, social, and governance) performance can enhance the information environment. We consider whether ESG performance reduces information asymmetry and whether ownership concentration has a moderating effect on the association between ESG performance and information asymmetry. Based on a sample of nonfinancial listed firms from 16 European countries, we find evidence that overall corporate ESG performance reduces information asymmetry. Both the environmental and social pillars independently contribute to this significant relationship. Additionally, we find that a higher concentration of strategic investors negatively moderates the effect of ESG performance on information asymmetry. This effect indicates that this concentration allows these investors to leverage their private information advantage, thereby weakening ESG's role in reducing information asymmetry. Moreover, our results indicate that the positive effect of ESG performance on information asymmetry is more pronounced for firms operating in environmentally sensitive sectors. This finding shows that heightened scrutiny in these industries motivates greater ESG engagement to enhance legitimacy and protect the firm's reputation. Our findings are relevant to managers, capital market agents, and other stakeholders by offering insights into the crucial roles of ESG engagement in the information environment. Additionally, our findings are pertinent to regulators and policymakers as the regulation of ESG issues is an ongoing process.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5747-5759"},"PeriodicalIF":9.1,"publicationDate":"2025-06-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990740","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}

{"title":"Addressing Resource Scarcity: The Role of Responsible Innovation and Resilience in SMEs' Competitive Advantage and Sustainability Performance","authors":"Say Keat Ooi,&nbsp;Khalid Rasheed Memon","doi":"10.1002/csr.70005","DOIUrl":"https://doi.org/10.1002/csr.70005","url":null,"abstract":"<div>\u0000 \u0000 <p>In light of intensifying resource scarcity, fostering sustainable development through innovation has become a strategic imperative, particularly for resource-constrained small and medium-sized enterprises (SMEs). However, not all forms of innovation are responsible. Grounded in the resource-based view and dynamic capability perspective, this study examines how responsible innovation contributes to sustainability performance via the sequential mediating roles of organisational resilience and sustainable competitive advantage. Data were collected from 179 Malaysian SMEs using a two-wave time-lagged design and analysed through partial least squares hierarchical component modelling. The findings reveal that responsible innovation significantly enhances organisational resilience, which in turn strengthens competitive advantage and leads to improved sustainability performance. Both responsible innovation and sustainability performance are modelled as higher-order constructs. The proposed framework demonstrates substantial predictive power and clarifies the internal mechanisms through which SMEs can translate responsible innovation into sustainable outcomes. This study contributes to the literature by linking theoretical insights with empirical evidence and offers practical guidance for SMEs seeking to align with the Sustainable Development Goals.</p>\u0000 </div>","PeriodicalId":48334,"journal":{"name":"Corporate Social Responsibility and Environmental Management","volume":"32 5","pages":"5734-5746"},"PeriodicalIF":9.1,"publicationDate":"2025-06-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"144990735","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}