Exploring factors relating to extinction disclosures: What motivates companies to report on biodiversity and species protection?

Hassan, Abeer Mohamed, Roberts, Lee and Atkins, Jill ORCID: https://orcid.org/0000-0001-8727-0019 2020. Exploring factors relating to extinction disclosures: What motivates companies to report on biodiversity and species protection? Business Strategy and the Environment 29 (3) , pp. 1419-1436. 10.1002/bse.2442

Full text not available from this repository.

Abstract

This paper seeks to contribute to the existing business strategy and the environment literature by investigating the disclosure practices of biodiversity/extinction (B/E) and threatened species. We use greenwashing theory to understand global companies' motivation to report on B/E information. Data are collected from 200 Fortune Global companies for 3 years. We develop our comprehensive 53 disclosure index and create and test OLS regression model to measure the relationships between B/E disclosures and its determinants factors including environmental performance, industry sector, country, assurance, environmental awards, presence of biodiversity partners, and the number of species' related disclosure. Our results reveal that there are positive significant relationships between B/E disclosure and assurance provided by the Big 4: gaining an environmental award, companies from high biodiversity risk sectors, developing countries, presence of biodiversity partners, and how many specific biodiversity words are published in companies' reports. On the other hand, there are positive insignificant relationships between B/E disclosure and assurance: poor performers and the number of species disclosed in companies' reports. Our findings have important implications for regulators and policymakers. Our evidence appears to be robust when controlling for possible endogeneities. © 2020 John Wiley & Sons, Ltd and ERP Environment

Item Type:	Article
Date Type:	Publication
Status:	Published
Schools:	Business (Including Economics)
Publisher:	Wiley
ISSN:	0964-4733
Date of Acceptance:	25 November 2019
Last Modified:	17 Apr 2023 15:00
URI:	https://orca.cardiff.ac.uk/id/eprint/158640

Citation Data

Cited 53 times in Scopus. View in Scopus. Powered By Scopus® Data

Actions (repository staff only)

Edit Item