{"title":"利用自然语言处理技术识别企业社会责任报告中的 \"洗绿 \"行为","authors":"Nina Gorovaia, Michalis Makrominas","doi":"10.1111/eufm.12509","DOIUrl":null,"url":null,"abstract":"A textual analysis of corporate‐social responsibility (CSR) reports reveals that companies engaged in environmental violations report differently from firms with a clean record. The violators issue longer, more positive and more frequent reports to relay environmental content that is more copious but less readable. The violator firms appear to modify their reporting practices right after committing a violation. The findings suggest that culpable firms exploit the current unregulated–unaudited state of CSR reporting as a means of greenwashing and call for institutional change. Our results are robust to a number of industry‐firm characteristics, including board composition, ownership dispersion and international presence.","PeriodicalId":501261,"journal":{"name":"European Financial Management ","volume":"92 1","pages":""},"PeriodicalIF":0.0000,"publicationDate":"2024-07-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Identifying greenwashing in corporate‐social responsibility reports using natural‐language processing\",\"authors\":\"Nina Gorovaia, Michalis Makrominas\",\"doi\":\"10.1111/eufm.12509\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"A textual analysis of corporate‐social responsibility (CSR) reports reveals that companies engaged in environmental violations report differently from firms with a clean record. The violators issue longer, more positive and more frequent reports to relay environmental content that is more copious but less readable. The violator firms appear to modify their reporting practices right after committing a violation. The findings suggest that culpable firms exploit the current unregulated–unaudited state of CSR reporting as a means of greenwashing and call for institutional change. Our results are robust to a number of industry‐firm characteristics, including board composition, ownership dispersion and international presence.\",\"PeriodicalId\":501261,\"journal\":{\"name\":\"European Financial Management \",\"volume\":\"92 1\",\"pages\":\"\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-07-19\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"European Financial Management \",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://doi.org/10.1111/eufm.12509\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"\",\"JCRName\":\"\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"European Financial Management ","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.1111/eufm.12509","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
Identifying greenwashing in corporate‐social responsibility reports using natural‐language processing
A textual analysis of corporate‐social responsibility (CSR) reports reveals that companies engaged in environmental violations report differently from firms with a clean record. The violators issue longer, more positive and more frequent reports to relay environmental content that is more copious but less readable. The violator firms appear to modify their reporting practices right after committing a violation. The findings suggest that culpable firms exploit the current unregulated–unaudited state of CSR reporting as a means of greenwashing and call for institutional change. Our results are robust to a number of industry‐firm characteristics, including board composition, ownership dispersion and international presence.