How a Two-Step Approach Discloses Different Determinants of Voluntary Social and Environmental Reporting
Abbreviated Journal Title
J. Bus. Finan. Account.
content analysis; corporate social responsibility; disclosure; estimation methods; Hurdle model; RESPONSIBILITY DISCLOSURE; ECONOMIC-PERFORMANCE; EMPIRICAL-ANALYSIS; CORPORATE; COMPANIES; FIRMS; LEGITIMACY; MODELS; MEDIA; Business, Finance
Previous research on the determinants of voluntary social and environmental disclosure assumes that the determinants underlying the company's decision to disclose and the disclosure level are the same. This paper addresses the influence of this assumption on: (i) the operationalization of the dependent variables; (ii) the estimation method; and (iii) the subsequent empirical results, using both a sample of listed Belgian and US firms. Overall, the findings suggest that not distinguishing between the determinants underlying the decision to disclose and the disclosure level may be misleading.
Journal of Business Finance & Accounting
"How a Two-Step Approach Discloses Different Determinants of Voluntary Social and Environmental Reporting" (2012). Faculty Bibliography 2010s. 2325.