Corporate social responsibility and emerging powers

Betz, Joachim

doi:10.1504/ijbge.2015.074352

Cited by 2 publications

(2 citation statements)

References 0 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Moreover, other studies show that companies from emerging economies are now almost on par with those from advanced countries in including CSR measures and policies in their business plans [24]. The findings of [25], in contrast, revealed that most Chinese companies maintain an intermediate level of CSR information disclosure.…”

Section: Literature Reviewmentioning

confidence: 95%

Disclosure of Environmental, Social, and Corporate Governance Information by Spanish Companies: A Compliance Analysis

2022

View full text Add to dashboard Cite

The transposition of Directive 2014/95/EU to Spain through Law 11/2018 of December 28 requires companies to publish information on the impact of their environmental, social, and governance activities (ESG information) in management reports or in a “non-financial statement.” This study aims to assess the readiness of IBEX35 companies to submit ESG reports through their communication and web transparency and to determine whether such ESG information is related to these companies’ financial indicators. The study is pioneering in the analysis of the transparency of non-financial information on the websites of companies listed on the main Spanish stock market index (IBEX 35). It uses exploratory and descriptive analysis to determine whether the companies with the best economic efficiency indicators are also the most transparent in non-financial indicators (ESG) and to what extent these relationships explain the dependency between the two. The findings reveal that IBEX35 companies need to improve their web transparency by presenting solid non-financial reports with ESG sustainability parameters. The results show that companies with economic profitability in Return on Assets that use their debt levels wisely disclose higher levels of ESG information. In other words, financial performance and indebtedness contribute to improving levels of ESG disclosure on the IBEX35. Companies must also improve accessibility to ESG information, update it, and classify it in accordance with current regulations.

show abstract

Section: Literature Reviewmentioning

confidence: 95%

Disclosure of Environmental, Social, and Corporate Governance Information by Spanish Companies: A Compliance Analysis

2022

View full text Add to dashboard Cite

show abstract

“…Based on the mentioned research (Nunes, 2017) we want to know the situation of Spanish companies regarding the accomplishment of the Directive 2014/95/EU to determine RQ1. Some studies show that companies in emerging economies are now nearly on par with those in advanced countries in including CSR measures and policies in their business plans (Betz, 2015). The findings of Yekini et al (2019) reveal, however, that most Chinese companies maintain an intermediate level of CSR information disclosure.…”

Section: Directive 2014/95/eu On Disclosure Of Non-financial Informationmentioning

confidence: 99%

Environmental, Social and Governance Information Disclosure Strategy of the Ten Main Spanish Listed Companies

2022

View full text Add to dashboard Cite

Purpose: This article aims to investigate the environmental, social, and corporate governance (ESG) disclosure strategy and its impact on the financial performance of the top ten companies in terms of operating income/turnover volume. Methodology/Approach: The study methods used include parametric correlations and logistic regression analysis focusing on data from Spanish listed companies in 2019-2020. Findings: The findings show that IBEX35 companies need to improve web transparency in ESG reporting and a significant relationship was found between financial indicators and ESG transparency. Companies with the best positions in liquidity and return on assets rank first in non-financial indicators. Finally, it was found that the sector of the company was a significant variable. Research Limitation/Implication: The findings of this research will help define the ESG strategy and understand the relationship between ESG and financial results. One limitation is that the information on the websites changes frequently. However, the results may contribute to being a point of reference for future studies. Originality/Value of paper: To the best of the authors’ knowledge, no previous research has been conducted to assess the ESG information disclosure strategy based on its web transparency and the financial performance of major Spanish companies.

show abstract

Corporate social responsibility and emerging powers

Cited by 2 publications

References 0 publications

Disclosure of Environmental, Social, and Corporate Governance Information by Spanish Companies: A Compliance Analysis

Disclosure of Environmental, Social, and Corporate Governance Information by Spanish Companies: A Compliance Analysis

Environmental, Social and Governance Information Disclosure Strategy of the Ten Main Spanish Listed Companies

Contact Info

Product

Resources

About