可持续发展报告中的利益相关者参与披露：意大利食品公司的证据

IF 4.8 Q1 Economics, Econometrics and Finance

Business Ethics-A European Review Pub Date : 2023-12-22 DOI:10.1111/beer.12642

Rubina Michela Galeotti, Mark Anthony Camilleri, Fabiana Roberto, Fabiana Sepe

{"title":"可持续发展报告中的利益相关者参与披露：意大利食品公司的证据","authors":"Rubina Michela Galeotti, Mark Anthony Camilleri, Fabiana Roberto, Fabiana Sepe","doi":"10.1111/beer.12642","DOIUrl":null,"url":null,"abstract":"More businesses are embedding stakeholder engagement (SE) practices in their corporate disclosures. This article explores the extent to which SE practices are featured in the sustainability reports (SRs) of 48 Italian food and beverage businesses, following the latest Global Reporting Initiative (GRI) standards. The researchers analyze the content of their SRs dated 2020 and 2021. They utilize a panel regression technique to examine the relationship between stakeholder engagement disclosures (SED) and corporate financial performance (CFP), and to investigate the mediating role of SR assurance. The results show a positive and significant relationship between SED and CFP. They also confirm that there is a moderating effect from SR assurance on this causal path. However, the findings reveal that SED in SRs of Italian food companies is still moderate. This contribution builds on the logic behind the stakeholder theory. It implies that there is scope for food companies to forge relationships with stakeholders. It indicates that it is in their interest to disclose material information about their SE practices in their SR and to organize third party assurance assessments in order to improve their legitimacy with stakeholders.","PeriodicalId":47954,"journal":{"name":"Business Ethics-A European Review","volume":"11 1","pages":""},"PeriodicalIF":4.8000,"publicationDate":"2023-12-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Stakeholder engagement disclosures in sustainability reports: Evidence from Italian food companies\",\"authors\":\"Rubina Michela Galeotti, Mark Anthony Camilleri, Fabiana Roberto, Fabiana Sepe\",\"doi\":\"10.1111/beer.12642\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"More businesses are embedding stakeholder engagement (SE) practices in their corporate disclosures. This article explores the extent to which SE practices are featured in the sustainability reports (SRs) of 48 Italian food and beverage businesses, following the latest Global Reporting Initiative (GRI) standards. The researchers analyze the content of their SRs dated 2020 and 2021. They utilize a panel regression technique to examine the relationship between stakeholder engagement disclosures (SED) and corporate financial performance (CFP), and to investigate the mediating role of SR assurance. The results show a positive and significant relationship between SED and CFP. They also confirm that there is a moderating effect from SR assurance on this causal path. However, the findings reveal that SED in SRs of Italian food companies is still moderate. This contribution builds on the logic behind the stakeholder theory. It implies that there is scope for food companies to forge relationships with stakeholders. It indicates that it is in their interest to disclose material information about their SE practices in their SR and to organize third party assurance assessments in order to improve their legitimacy with stakeholders.\",\"PeriodicalId\":47954,\"journal\":{\"name\":\"Business Ethics-A European Review\",\"volume\":\"11 1\",\"pages\":\"\"},\"PeriodicalIF\":4.8000,\"publicationDate\":\"2023-12-22\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"Business Ethics-A European Review\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1111/beer.12642\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q1\",\"JCRName\":\"Economics, Econometrics and Finance\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"Business Ethics-A European Review","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1111/beer.12642","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q1","JCRName":"Economics, Econometrics and Finance","Score":null,"Total":0}

引用次数: 0

摘要

越来越多的企业将利益相关者参与（SE）实践纳入其企业信息披露中。本文按照全球报告倡议组织（GRI）的最新标准，探讨了 48 家意大利食品和饮料企业的可持续发展报告（SR）在多大程度上采用了利益相关者参与实践。研究人员分析了这些企业 2020 年和 2021 年可持续发展报告的内容。他们利用面板回归技术研究了利益相关者参与披露（SED）与企业财务绩效（CFP）之间的关系，并探讨了企业社会责任保证的中介作用。结果表明，SED 与 CFP 之间存在显著的正相关关系。研究还证实，SR 保证对这一因果关系有调节作用。然而，研究结果表明，意大利食品公司企业社会责任中的 SED 仍处于中等水平。这一贡献建立在利益相关者理论的逻辑之上。这意味着食品公司有与利益相关者建立关系的空间。它表明，在企业社会责任中披露有关企业社会责任实践的重要信息，并组织第三方保证评估，以提高企业在利益相关者中的合法性，符合企业的利益。

本文章由计算机程序翻译，如有差异，请以英文原文为准。

查看原文本刊更多论文

Stakeholder engagement disclosures in sustainability reports: Evidence from Italian food companies

More businesses are embedding stakeholder engagement (SE) practices in their corporate disclosures. This article explores the extent to which SE practices are featured in the sustainability reports (SRs) of 48 Italian food and beverage businesses, following the latest Global Reporting Initiative (GRI) standards. The researchers analyze the content of their SRs dated 2020 and 2021. They utilize a panel regression technique to examine the relationship between stakeholder engagement disclosures (SED) and corporate financial performance (CFP), and to investigate the mediating role of SR assurance. The results show a positive and significant relationship between SED and CFP. They also confirm that there is a moderating effect from SR assurance on this causal path. However, the findings reveal that SED in SRs of Italian food companies is still moderate. This contribution builds on the logic behind the stakeholder theory. It implies that there is scope for food companies to forge relationships with stakeholders. It indicates that it is in their interest to disclose material information about their SE practices in their SR and to organize third party assurance assessments in order to improve their legitimacy with stakeholders.

求助全文

通过发布文献求助，成功后即可免费获取论文全文。去求助

来源期刊

Business Ethics-A European Review Multiple-

CiteScore

5.90

自引率

0.00%

发文量

期刊介绍： -To offer rigorous and informed analysis of ethical issues and perspectives relevant to organizations and their relationships with society -To promote scholarly research and advance knowledge in relation to business ethics and corporate social responsibility and social entrepreneurship by providing cutting edge theoretical and empirical analysis of salient issues and developments -To be responsive to changing concerns and emerging issues in the business ethics and business and society sphere, and to seek to reflect these in the balance of contributions -To be the publication outlet of choice for all types of original research relating to business ethics and business-society relationships. Original articles are welcomed. Each issue will normally contain several major articles, and there will be an occasional FOCUS section which will contain articles on an issue of particular importance and topicality. Other regular features will include editorial interviews, book reviews, comments and responses to published articles, research notes and case studies. Business Ethics: A European Review is well established as an academic research journal which is at the same time readable, user-friendly and authoritative. It publishes both fully refereed scholarly papers and special contributions such as speeches and reviews. The range of contributions reflects the variety and scope of ethical issues faced by business and other organisations world-wide, and at the same time seeks to address the interests and concerns of the journals readership.