气候变化领域集成服务门户(CCPortal): CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?

CCPortal

DOI	10.1016/j.enpol.2020.112007
	CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?
	Karaman A.S.; Orazalin N.; Uyar A.; Shahbaz M.
发表日期	2021
ISSN	03014215
卷号	149
英文摘要	Drawing on signaling theory and the greenwashing tendency, the objective of this study is to explore the connection among four facets of corporate social responsibility (CSR) practice: CSR performance, CSR reporting, following the Global Reporting Initiative (GRI) guidelines in preparing CSR reports, and verifying the reliability of CSR reports through an external assurance statement. The sample of the study includes 2244 firm-year observations of energy firms listed in the Thomson Reuters Eikon database for the period 2012–2018. Panel data analysis with fixed effects is used as the empirical methodology. The findings lend support to signaling theory and reject a greenwashing tendency in the energy sector with the validation of hypothesized relationships. More specifically, higher CSR performers show their CSR commitment by issuing CSR reports as well as by adopting GRI guidelines in their CSR reports and verifying the reliability of the contents of their reports through an external assurance statement. Moreover, GRI framework adopters are more likely to obtain external assurance of their reports. The examination of these relationships considering the economic development levels of countries highlights notable differences: all hypothesized connections are stronger for firms established in middle-income countries than for those in high-income countries except for one dimension. © 2020 Elsevier Ltd
关键词	CSR Performance CSR Reporting Energy sector External assurance High-income countries Middle-income countries
英文关键词	Reliability theory; Corporate social responsibilities (CSR); Fixed effects; Global Reporting Initiative; GRI guidelines; Middle-income countries; One dimension; Panel data analysis; Signaling theory; Economic and social effects; corporate social responsibility; database; economic development; electricity generation; electricity industry; guideline; industrial performance; panel data; performance assessment; theoretical study
语种	英语
来源期刊	Energy Policy
文献类型	期刊论文
条目标识符	http://gcip.llas.ac.cn/handle/2XKMVOVA/205182
作者单位	College of Engineering and Technology, American University of the Middle East, Kuwait; Bang College of Business, KIMEP University, Almaty, Kazakhstan; CERIIM, Excelia Business School, France; School of Management and Economics, Beijing Institute of Technology, China
推荐引用方式 GB/T 7714	Karaman A.S.,Orazalin N.,Uyar A.,et al. CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?[J],2021,149.
APA	Karaman A.S.,Orazalin N.,Uyar A.,&Shahbaz M..(2021).CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?.Energy Policy,149.
MLA	Karaman A.S.,et al."CSR achievement, reporting, and assurance in the energy sector: Does economic development matter?".Energy Policy 149(2021).