CSR reporting practices and the quality of disclosure: An empirical analysis

AccountAbility, 2003 AccountAbility, 1999 Adams, 2004, Accountability, completeness, credibility and the audit expectations gap, Journal of Corporate Citizenship, 14, 97, 10.9774/GLEAF.4700.2004.su.00010 Adams, 1998, Corporate social reporting practices in Western Europe: Legitimating corporate behaviour?, British Accounting Review, 30, 1, 10.1006/bare.1997.0060 Adams, 2000, A comparative analysis of corporate reporting on ethical issues by UK and German chemical and pharmaceutical companies, European Accounting Review, 9, 53, 10.1080/096381800407941 Adams, 2004, The ethical, social and environmental reporting - Performance portrayal gap, Accounting, Auditing and Accountability Journal, 17, 731, 10.1108/09513570410567791 Aerts, 2008, Corporate Environmental Disclosure. Financial Markets and the Media: An International Perspective, Ecological Economics, 64, 643, 10.1016/j.ecolecon.2007.04.012 Al-Tuwaijri, 2004, The relations among environmental disclosure, environmental performance, and economic performance: A simultaneous equation approach, Accounting, Organizations and Society, 29, 447, 10.1016/S0361-3682(03)00032-1 Amran, 2014, The influence of governance structure and strategic corporate social responsibility toward sustainability reporting quality, Business Strategy and the Environment, 23, 217, 10.1002/bse.1767 Ashforth, 1990, The double-edged of organizational legitimation, Organization Science, 1, 177, 10.1287/orsc.1.2.177 Ball, 2010, Using neo-institutionalism to advance social and environmental accounting, Critical Perspectives on Accounting, 21, 283, 10.1016/j.cpa.2009.11.006 Ball, 2000, External transparency or internal capture? The role of third party statements in adding value to corporate environmental reports, Business Strategy and the Environment, 9, 1, 10.1002/(SICI)1099-0836(200001/02)9:1<1::AID-BSE227>3.0.CO;2-H Bansal, 2003, Strategic explanations for the early adoption of ISO 14001, Journal of Business Ethics, 46, 289, 10.1023/A:1025536731830 Basu, 2008, Corporate social responsibility: A process model of sensemaking, Academy of Management Review, 33, 122, 10.5465/amr.2008.27745504 Beattie, 2004, A methodology for analyzing and evaluating narratives in annual reports: A comprehensive descriptive profile and metrics for disclosure quality attributes, Accounting Forum, 28, 205, 10.1016/j.accfor.2004.07.001 Beattie, 1992, The use and abuse of graphs in annual reports: Theoretical Framework and Empirical Study, Accounting and Business Research, 22, 291, 10.1080/00014788.1992.9729446 Bebbington, 2012, The production of normativity: A comparison of reporting regimes, Accounting, Organizations and Society, 37, 78, 10.1016/j.aos.2012.01.001 Beck, 2010, Content analysis in environmental reporting research: Enrichment and rehearsal of the method in a British-German context, The British Accounting Review, 42, 207, 10.1016/j.bar.2010.05.002 Beretta, 2004, A framework for the analysis of firm risk communication, The International Journal of Accounting, 39, 265, 10.1016/j.intacc.2004.06.006 Beretta, 2008, Quantity vs quality: The case of forward looking disclosure, Journal of Accounting, Auditing and Finance, 3, 333, 10.1177/0148558X0802300304 Berrone, 2009 Bird, 2007, What corporate social responsibility activities are valued by the market?, Journal of Business Ethics, 76, 189, 10.1007/s10551-006-9268-1 Blundell, 2009, Alternative approaches to evaluation in empirical microeconomics, Journal of Human Resources, 44, 565, 10.1353/jhr.2009.0009 Boiral, 2013, Sustainability reports as simulacra?. A counter-account of A and A+ GRI reports, Accounting Auditing and Accountability Journal, 26, 1036, 10.1108/AAAJ-04-2012-00998 Bony, 2011, The relevance of the natural environment for corporate social responsibility research, 519 Bonetti, P., Cho, C., & Michelon, G. (2014). Environmental disclosure and the cost of capital: Evidence from the Fukushima nuclear accident, SSRN working paper. Bouten, 2011, Corporate social responsibility reporting: A comprehensive picture?, Accounting Forum, 35, 187, 10.1016/j.accfor.2011.06.007 Brammer, 2006, Corporate social performance and stocks returns: UK evidence from disaggregate measures, Financial Management, 35, 97, 10.1111/j.1755-053X.2006.tb00149.x Brammer, 2005, Corporate reputation and philanthropy: An empirical analysis, Journal of Business Ethics, 61, 29, 10.1007/s10551-005-7443-4 Brammer, 2004, Voluntary social disclosure by large UK companies, Business Ethics: A European Review, 13, 86, 10.1111/j.1467-8608.2004.00356.x Brown, 2009, Democracy, sustainability and dialogic accounting technologies: Taking pluralism seriously, Critical Perspectives on Accounting, 20, 313, 10.1016/j.cpa.2008.08.002 Buhr, 2002, A structuration view on the initiation of environmental reports, Critical Perspectives on Accounting, 13, 17, 10.1016/S1045-2354(00)90441-6 Burrit, 2010, Sustainability accounting and reporting: Fad or trend?, Accounting, Auditing and Accountability Journal, 23, 829, 10.1108/09513571011080144 Busch, 2011, Organizational adaptation to disruptions in the natural environment: The case of climate change, Scandinavian Journal of Management, 27, 389, 10.1016/j.scaman.2010.12.010 Chauvey, 2013, The normativity and legitimacy of the CSR disclosure: Evidence from France, Working Paper Chen, 2010, Toward a more coherent understanding of the organizion-society relationship: A theoretical consideration for social and environmental accounting research, Journal of Business Ethics, 97, 651, 10.1007/s10551-010-0531-0 Cho, 2012, Do actions speak louder than words? An empirical investigation of corporate environmental reputation, Accounting, Organization and Society, 37, 14, 10.1016/j.aos.2011.12.001 Cho, 2012, Impression management in sustainability reports: An empirical investigation of the use of graphs, Accounting and the Public Interest, 12, 16, 10.2308/apin-10249 Cho, 2014, CSR report assurance in the USA: An empirical investigation of determinants and effects, Sustainability Accounting, Management and Policy Journal, 5, 130, 10.1108/SAMPJ-01-2014-0003 Cho, 2015, CSR disclosure: the more things change...?, Accounting, Auditing and Accountability Journal, 28, 14, 10.1108/AAAJ-12-2013-1549 Cho, 2007, The role of environmental disclosures as tools of legitimacy: A research note, Accounting, Organizations and Society, 32, 639, 10.1016/j.aos.2006.09.009 Cho, 2011, Corporate environmental financial reporting and financial markets, 519 Cho, 2010, The language of US corporate environmental disclosure, Accounting, Organizations and Society, 35, 431, 10.1016/j.aos.2009.10.002 Choi, 1999, An investigation of the initial voluntary environmental disclosures made in Korean semi-annual financial reports, Pacific Accounting Review, 11, 75 Clarke, 2007, The materiality of sustainability, 219 Clarkson, 2008, Revisiting the relation between environmental performance and environmental disclosure: An empirical analysis, Accounting, Organizations and Society, 33, 303, 10.1016/j.aos.2007.05.003 Colbert, 2007, Three conceptions of triple bottom line business sustainability and the role for HRM, Human Resource Planning, 30, 21 Cooper, 2007, Corporate social reporting and stakeholder accountability: The missing link, Accounting, Organizations and Society, 32, 649, 10.1016/j.aos.2007.02.001 Cormier, 2007, The revisited contribution of environmental reporting to investors’ valuation of a firm's earnings: An international perspective, Ecological Economics, 62, 613, 10.1016/j.ecolecon.2006.07.030 Cormier, 2003, Environmental reporting management: A continental European perspective, Journal of Accounting and Public Policy, 22, 43, 10.1016/S0278-4254(02)00085-6 Cormier, 2005, Environmental disclosure quality: Do firms respond to economic incentives, public pressures, or institutional conditions, European Accounting Review, 14, 1, 10.1080/0963818042000339617 Dando, 2003, Transparency and assurance: Minding the credibility gap, Journal of Business Ethics, 44, 195, 10.1023/A:1023351816790 Dawkins, 2011, Coming clean: The impact of environmental performance and visibility on corporate climate change disclosure, Journal of Business Ethics, 100, 303, 10.1007/s10551-010-0681-0 De Villers, 2014, The institutionalization of Corporate social responsibility reporting, The British Accounting Review, 10.1016/j.bar.2014.03.001 Deephouse, 1996, Does isomorphism legitimate?, Academy of Management Journal, 39, 1024, 10.2307/256722 Dhaliwal, 2014, Corporate social responsibility disclosure and the cost of equity capital: The roles of stakeholder orientation and financial transparency, Journal of Accounting and Public Policy, 10.1016/j.jaccpubpol.2014.04.006 Dhaliwal, 2011, Voluntary nonfinancial disclosure and the cost of equity capital: The initiation of corporate social responsibility reporting, The Accounting Review, 86, 59, 10.2308/accr.00000005 Dhaliwal, 2012, Nonfinancial disclosure and analyst forecast accuracy: International evidence on corporate social responsibility disclosure, The Accounting Review, 87, 723, 10.2308/accr-10218 DiMaggio, 1983, The iron cage revisited. Institutional isomorphism and collective rationality in organizational fields, American Sociological Review, 48, 147, 10.2307/2095101 Doane, 2000 Dowling, 1975, Organizational legitimacy: Social values and organizational behaviour, Pacific Sociological Review, 18, 122, 10.2307/1388226 Edgley, 2010, Stakeholder inclusivity in social and environmental report assurance, Accounting, Auditing and Accountability Journal, 23, 532, 10.1108/09513571011041615 Elsbach, 1994, Managing organizational legitimacy in the California cattle industry: The construction and effectiveness of verbal accounts, Administrative Science Quarterly, 39, 57, 10.2307/2393494 Etzion, 2010, The role of analogy in the institutionalization of sustainability reporting, Organization Science, 21, 1092, 10.1287/orsc.1090.0494 Fédération des Experts Comptables Européens (FEE), 2002 Forbes, 2011, The new corporate environmentalism and the symbolic management of organizational culture, 519 Freedman, 2004, Evidence on the pernicious effect of financial report environmental disclosure, Accounting Forum, 28, 27, 10.1016/j.accfor.2004.04.006 Freedman, 1990, The association between environmental performance and environmental disclosure in annual reports and 10Ks, Advances in Public Interest Accounting, 2, 183 Freedman, 1998, Social disclosure, attestation and the single audit act, Critical Perspectives on Accounting, 9, 201, 10.1006/cpac.1997.0168 Global Reporting Initiative (GRI), 2012 Global Reporting Initiative (GRI), 2002 Gray, 2011, Sustainability and social responsibility reporting and the emergence of the external social audits: The struggle for accountability?, 519 Gray, 1995, Corporate social and environmental reporting: A review of the literature and a longitudinal study of UK disclosure, Accounting, Auditing and Accountability Journal, 8, 47, 10.1108/09513579510146996 Gray, 1988, Corporate social reporting: Emerging trends in accountability and the social contract, Accounting, Auditing and Accountability Journal, 1, 6, 10.1108/EUM0000000004617 Gray, 2002, The social accounting project and accounting organizations and society privileging engagement, imaginings, new accountings and pragmatism over critique?, Accounting, Organizations and Society, 27, 687, 10.1016/S0361-3682(00)00003-9 Gray, 2010, Is accounting for sustainability actually accounting for sustainability and how would we know? An exploration of narratives of organisations and the planet, Accounting, Organizations and Society, 35, 47, 10.1016/j.aos.2009.04.006 Hackston, 2006, Some determinants of social and environmental disclosures in New Zealand companies, Accounting, Auditing and Accountability Journal, 9, 77, 10.1108/09513579610109987 Heckman, 1978, Dummy endogenous variables in a simultaneous equation system, Econometrica, 46, 931, 10.2307/1909757 Henry, 2010, Eco-control: The influence of management control systems on environmental and economic performance, Accounting Organizations and Society, 35, 63, 10.1016/j.aos.2009.02.001 Hoffman, 2014, Sustainability-related supply chain risks: Conceptualization and management, Business Strategy and the Environment, 23, 160, 10.1002/bse.1778 Hopwood, 2009, Accounting and the environment, Accounting, Organizations and Society, 34, 433, 10.1016/j.aos.2009.03.002 Hughes, 2001, Corporate environmental disclosures: Are they useful in determining environmental performance?, Journal of Accounting and Public Policy, 20, 217, 10.1016/S0278-4254(01)00031-X Husillos, 2011, The emergence of triple bottom line reporting in Spain, Revista Española de Financiación y Contabilidad, 60, 195, 10.1080/02102412.2011.10779701 Joseph, 2012, Ambiguous but tethered: An accounting basis for sustainability reporting, Critical Perspectives on Accounting, 23, 93, 10.1016/j.cpa.2011.11.011 Kent, 2013, Attaining legitimacy by employee information in annual reports, Accounting Auditing and Accountability Journal, 26, 1072, 10.1108/AAAJ-03-2013-1261 King, 2000, Industry self-regulation without sanctions: The chemical industry's responsible care program, Academy of Management Journal, 43, 698, 10.2307/1556362 Kolk, 2001, Environmental reporting by the Fortune Global 250: Exploring the influence of nationality and sector, Business Strategy and the Environment, 10, 15, 10.1002/1099-0836(200101/02)10:1<15::AID-BSE275>3.0.CO;2-Y Kolk, 2008, Corporate responses in an emerging climate regime: The institutionalization and commensuration of carbon disclosure, European Accounting Review, 17, 719, 10.1080/09638180802489121 KPMG, 2011 KPMG, 2013 Krippendorff, 2004, Reliability in Content Analysis, 30, 411 Larrinaga, 2014, The institutionalization of sustainability reporting Lewis, 1999, Ethical relativism: A reason for differences in corporate social reporting?, Critical Perspective on Accounting, 10, 521, 10.1006/cpac.1998.0280 Mahoney, 2013, A research note on standalone corporate social responsibility reports: Signaling or greenwashing?, Critical Perspectives on Accounting, 24, 350, 10.1016/j.cpa.2012.09.008 Mallin, 2013, Monitoring intensity and stakeholders’ orientation: How does governance affect social and environmental disclosure?, Journal of Business Ethics, 114, 29, 10.1007/s10551-012-1324-4 Malsh, 2013, Politicizing the expertise of the accounting industry in the realm of corporate social responsibility, Accounting, Organizations and Society, 38, 149, 10.1016/j.aos.2012.09.003 Manetti, 2009, Assurance services for sustainability reports: Standards and empirical evidence, Journal of Business Ethics, 87, 289, 10.1007/s10551-008-9809-x Merkl-Davies, 2007, Discretionary disclosure strategies incorporate narratives: Incremental information or impression management?, Journal of Accounting Literature, 26, 116 Meyer, 1977, Institutionalized organizations: Formal structure as myth and ceremony, American Journal of Sociology, 83, 340, 10.1086/226550 Michelon, 2011, Sustainability disclosure and reputation: A comparative study, Corporate Reputation Review, 14, 79, 10.1057/crr.2011.10 Michelon, 2012, The effect of corporate governance on sustainability disclosure, Journal of Management and Governance, 16, 477, 10.1007/s10997-010-9160-3 Mills, 1984, Financial profiles and the disclosure of expenditures for socially responsible purposes, Journal of Research, 12, 407 Milne, 2013, W(h)ither Ecology? The triple bottom line, the global reporting initiative, and corporate sustainability reporting, Journal of Business Ethics, 118, 13, 10.1007/s10551-012-1543-8 Milne, 2007, Future prospects for sustainability reporting, 184 Milne, 2002, Positive accounting theory, political costs and social disclosure analyses: A critical look, Critical Perspectives on Accounting, 13, 369, 10.1006/cpac.2001.0509 Moneva, 2006, GRI and the camouflaging of corporate unsustainability, Accounting Forum, 30, 121, 10.1016/j.accfor.2006.02.001 Moser, 2012, A broader perspective on corporate social responsibility research in accounting, The Accounting Review, 87, 797, 10.2308/accr-10257 Neu, 1998, Managing public impressions: Environmental disclosures in annual reports, Accounting, Organizations and Society, 23, 265, 10.1016/S0361-3682(97)00008-1 Nielsen, 2009, Discourses of transparency in the intellectual capital reporting debate: Moving from generic reporting models to management defined information, Critical Perspectives on Accounting, 20, 847, 10.1016/j.cpa.2008.09.007 O’Dwyer, 2005, Assurance statement practice in environmental, social and sustainability reporting: A critical evaluation, British Accounting Review, 37, 205, 10.1016/j.bar.2005.01.005 Owen, 2007, Assurance practice in sustainability reporting, 168 Owen, 2000, The new social audits: Accountability managerial capture or the agenda of social champions?, European Accounting Review, 9, 81, 10.1080/096381800407950 Patten, 2014, Stand-alone reporting by U.S. retail companies, Accounting Forum, 38, 132, 10.1016/j.accfor.2014.01.002 Patten, 1991, Exposure, legitimacy and social disclosure, Journal of Accounting and Public Policy, 10, 297, 10.1016/0278-4254(91)90003-3 Patten, 1992, Intra-industry environmental disclosures in response to the Alaskan oil spill: A note on legitimacy theory, Accounting, Organizations and Society, 17, 471, 10.1016/0361-3682(92)90042-Q Patten, 2005, The accuracy of financial report projections of future environmental capital expenditures: A research note, Accounting, Organizations and Society, 30, 457, 10.1016/j.aos.2004.06.001 Patten, 2002, The relation between environmental performance and environmental disclosure: A research note, Accounting, Organizations and Society, 27, 763, 10.1016/S0361-3682(02)00028-4 Reid, 2009, Responding to public and private politics: Corporate disclosure of climate change strategies, Strategic Management Journal, 29, 1027 Rodrigue, 2013, Is environmental governance substantive or symbolic? An empirical investigation, Journal of Business Ethics, 114, 107, 10.1007/s10551-012-1331-5 Sharma, 2000, Managerial interpretations and organizational context as predictors of corporate choice of environmental strategy, Academy of Management Journal, 43, 681, 10.2307/1556361 Siegel, 2009, Green management matters only if it yields more green: An economic/strategic perspective, The Academy of Management Perspective, 23, 5 Spence, 2009, Social accounting's emancipatory potential: A Gramscian critique, Critical Perspectives on Accounting, 20, 205, 10.1016/j.cpa.2007.06.003 Suchman, 1995, Managing legitimacy: Strategic and institutional approaches, Academy of Management Review, 20, 571, 10.2307/258788 Sutton, 1998, Towards a framework for a corporate single audit: Meeting financial statement users’ needs, Critical Perspectives on Accounting, 9, 177, 10.1006/cpac.1997.0165 Swift, 2002, From methods to ideologies: Closing the assurance expectations gap in social and ethical accounting auditing and reporting, Journal of Corporate Citizenship, 8, 81, 10.9774/GLEAF.4700.2002.wi.00009 Thomson, 2005, Social and environmental reporting in the UK: A pedagogic evaluation, Critical Perspectives on Accounting, 16, 507, 10.1016/j.cpa.2003.06.003 Thorne, 2014, Motivations for issuing standalone CSR reports: A survey of Canadian firms, Accounting Auditing and Accountability Journal, 27, 686, 10.1108/AAAJ-07-2013-1393 Tinker, 1991, Falling down the hole in the middle of the road: Political quietism in corporate social reporting, Accounting Auditing and Accountability Journal, 4, 28, 10.1108/09513579110000504 UNEP/SustainAbility reporting guidelines, 1996 Unerman, 2007, Introduction to sustainability accounting and accountability, 1 Wiseman, 1982, An evaluation of environmental disclosures made in corporate annual reports, Accounting, Organizations and Society, 7, 53, 10.1016/0361-3682(82)90025-3 Wong, 2014, Corporate social disclosures: A user perspective on assurance, Accounting, Auditing and Accountability Journal, 27, 863, 10.1108/AAAJ-06-2013-1389 Zorio, 2013, Sustainability development and the quality of assurance reports: Empirical evidence, Business Strategy and the Environment, 22, 484, 10.1002/bse.1764