Setting materiality thresholds for ESG disclosures: A case study of U. S. mine safety disclosures

Olsen, Brett C.; Awuah–Offei, Kwame; Bumblauskas, Daniel

doi:10.1016/j.resourpol.2020.101914

Cited by 25 publications

(13 citation statements)

References 30 publications

Supporting

Mentioning

Contrasting

Order By: Relevance

“…Some scholars argue that it is very important to account for the convexityconcavity nature of such relations [23]. Besides, from the perspective of the regions involved in the ESG-related research objects, previous literature mainly interested in developed countries such as the United States [24][25][26][27], Germany [2,28], the United Kingdom [12], Japan [18] and Australia [17,29], followed by developing countries, especially emerging economies such as China [4,30], India [21], Malaysia [13,14]. Other studies take a global perspective, covering a wider range of countries [3,5,6,16,20,22,[31][32][33][34][35].…”

Section: Introductionmentioning

confidence: 99%

Does ESG Performance Affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises

Xiao

2022

Sustainability

View full text Add to dashboard Cite

Proposing a new scoring method to evaluate the environmental, social, and corporate governance (ESG) performance of Chinese A-share listed companies over the period 2010–2019, this study investigates the impact of ESG on firm value, by taking Tobin’s Q, Return on Assets (ROA) and Market-to-Book ratio (MB) as proxy variables for firm value. We find a significantly positive relationship between ESG composite performance and firm value, which supports the stakeholder theory. This result can hold when we carry out robustness checks, i.e., changing dependent variable, instrument variable (IV) regression, and Heckman’s two-stage estimation. When an existing social responsibility rating (Hexun’s CSR scores) is taken as the proxy of ESG performance, the main conclusion also keeps in line. For the three sub-dimensions, the positive impact of environmental (E) and social (S) performance on firm value can hold, while that of corporate governance (G) cannot pass all the robustness tests. In terms of heterogeneity, there is evidence that the enhancement effect of ESG on firm value for state-owned companies is stronger than that for non-state-owned companies. Besides, the enhancement effect is significant for the non-key pollution-monitored firms but insignificant for the key pollution-monitored firms.

show abstract

Section: Introductionmentioning

confidence: 99%

Does ESG Performance Affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises

Xiao

2022

Sustainability

View full text Add to dashboard Cite

show abstract

“…Decision-making on investments is subjective and depends on the investor's risk appetite, focus on fast and high income or moderate long-term, on the methods used to assess the investment attractiveness of the company and the project. [2][3][4][5] When assessing the investment attractiveness, methods based on the analysis of the financial condition, the value of companies, the determination of discounting indicators, the calculation of maximum need for funds, operational and financial leverage, investment duration, internal rate of return, ratings, backmarking, can be applied. R/S analysis, simulation, game theory, expert review, assessment of the compliance of project goals with the prospects of the business environment -all these methods for assessing investment attractiveness are diverse, and the indicators used are variable.…”

Section: Methodsmentioning

confidence: 99%

Current Parameters of Investments in the Mining Industry

2021

View full text Add to dashboard Cite

The article presents some aspects of the research related to changes in the organization of various components that support the activities of mining companies. ESG factors, requirements, directions of impact are presented, recommendations for bringing companies in line with this concept are given. The key positions of investors when making investment decisions from the point of view of modern non-quantitative criteria are analyzed. The impact of digital transformation on the performance and investment attractiveness of mining companies has been established.

show abstract

“…4.2.6 Models of materiality assessment. Academics have developed several materiality assessment models (Calabrese et al, 2015(Calabrese et al, , 2016(Calabrese et al, , 2017Eccles and Serafeim, 2013;Hsu et al, 2013; with concrete applications for clear-cut issues (Calabrese et al, 2015) in delineated contexts (Hsu et al, 2013;Lindman et al, 2020;Olsen et al, 2021). Guix and Font (2020) integrated the balanced scorecard as a well-established performance management system, with the inclusiveness, materiality and responsiveness principles of the AA1000 Stakeholder Engagement Standard, to aid an organisation in responding to its stakeholder expectations.…”

Section: Materiality Determinants and Indicatorsmentioning

confidence: 99%

Sustainability materiality research: a systematic literature review of methods, theories and academic themes

Fiandrino

Tonelli

Devalle

2022

QRAM

View full text Add to dashboard Cite

Purpose This systematic literature review (SLR) aims to examine the extent of academic knowledge of sustainability materiality research. There is no academic review of this field; therefore, this study aims to close this research gap. Design/methodology/approach The paper systematically reviews the existing literature on sustainability materiality research. Papers were qualitatively classified and analysed in accordance with the theoretical underpinning, research methods and academic themes of sustainability materiality research. Findings The findings of the review show that scholarly work on sustainability materiality has increased exponentially since the 2010s. In terms of research methods, scholars have examined sustainability using content analysis techniques and qualitative approaches. A common theoretical foundation was missing, but an increasing number of articles have been anchored to stakeholder theory. The academic themes have progressively enriched empirical evidence on the evaluation of materiality in sustainability information. Research limitations/implications This review can be useful as an academic basis to open avenues for strengthening theoretical and empirical research on new emerging issues regarding double materiality and dynamic materiality. Originality/value This paper conducts the first SLR of academic knowledge on sustainability materiality research. Eight academic themes are proposed to classify sustainability materiality. Thus, it is an aid to future research in this area.

show abstract

Setting materiality thresholds for ESG disclosures: A case study of U. S. mine safety disclosures

Cited by 25 publications

References 30 publications

Does ESG Performance Affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises

Does ESG Performance Affect Firm Value? Evidence from a New ESG-Scoring Approach for Chinese Enterprises

Current Parameters of Investments in the Mining Industry

Sustainability materiality research: a systematic literature review of methods, theories and academic themes

Contact Info

Product

Resources

About