The causality direction between environmental performance and financial performance in Australian mining companies - A panel data analysis

2020 ◽  
pp. 101894
Author(s):  
Abdul Rashid Abban ◽  
Mohammad Zahid Hasan
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Financial Performance ◽  
Environmental Performance ◽  
Panel Data Analysis ◽  
Mining Companies

How does environmental performance map into environmental disclosure?

2019 ◽  
Vol 10 (1) ◽  
pp. 62-96 ◽  
Author(s):  
Hani Tadros ◽  
Michel Magnan
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Environmental Performance ◽  
Panel Data Analysis ◽  
Environmental Disclosure ◽  
Cross Sectional ◽  
Content Type ◽  
Period Effects ◽  
Environmental Disclosures ◽  
Sustainability Reports

Purpose Focusing on a sample of firms from environmentally sensitive industries over several years, this study aims to reexamine the association between environmental disclosure and environmental performance. Design/methodology/approach The authors use a panel data analysis to examine how the interaction between environmental performance and economic and legitimacy factors influence firms’ environmental disclosures. Findings Results suggest that environmental performance moderates the effect of economic and legitimacy incentives on firms’ propensity to provide proprietary environmental disclosure, with both sets of incentives being influential. More specifically, there appears to be a reporting bias based on the firm’s environmental performance whereas the high-performers disclose more environmental information in the three following vehicles: annual report, 10-K and sustainability reports combined. Results also show that economic and legitimacy factors influence the disclosure decisions of the low and high environmental performers differently. Practical implications Understanding the determinants of environmental disclosure for high and low environmental performers helps regulators to close the reporting gap between these firms. Social implications There is little evidence to suggest that firms with low-environmental performance attempt to use their disclosures to legitimize their environmental operations. Originality/value The study examines environmental disclosures of 78 firms over a period of 14 years in annual, 10-K and sustainability reports. The panel data analysis controls for significant cross-sectional and period effects.

scholarly journals Desempenho Financeiro e a Questão dos Investimentos Sócio-Ambientais10.5773/rgsa.v3i3.177

2009 ◽  
Vol 3 (3) ◽  
pp. 72
Author(s):  
Paulo Sérgio Ceretta ◽  
Fernanda Barba ◽  
Fernando Casarin ◽  
Maximiliano Kruel ◽  
Bruno Milani
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Social Responsibility ◽  
Financial Performance ◽  
Panel Data Analysis ◽  
Balance Sheet ◽  
Net Income ◽  
The Sustainable Development ◽  
Operational Result ◽  
On Line

A preocupação com o desenvolvimento sustentável demonstra a busca das empresas pela sua sobrevivência em longo prazo através de uma relação transparente e ética com sociedade, ambiente, funcionários e familiares, empregando ações pró-ativas para projetos voltados à responsabilidade social e garantindo qualidade de natureza social, econômica e ambiental. Esta atitude evidencia uma consciência empresarial de que sua atividade lucrativa impacta a comunidade e o ambiente circunstante e que, garantir que esse impacto seja o menor possível, faz parte de sua atividade empresarial. Esses investimentos, entretanto, geram custos para as empresas, custos que as empresas buscam recuperar através dos benefícios obtidos através desses. O objetivo deste estudo é verificar se existe relação entre os investimentos sócio-ambientais e a performance financeira empresarial. O estudo empírico foi realizado utilizando a análise de dados em painel com uma amostra de 59 empresas que operam no Brasil, com balanço disponível em meio eletrônico, dos anos de 2005 a 2008. Foi identificada relação significativa entre os indicadores sociais externos e a receita líquida e entre indicadores sociais internos, indicadores sociais externos, indicadores sociais externos defasados em um período com o resultado operacional líquido. Palavras-chave: Responsabilidade sócio-ambiental. Performance financeira. Análise de dados em painel. Abstract The concern with the sustainable development shows the attempt of companies for their survival in the long term through an ethical and transparent relationship with society, environment, employees and their families. They do so by acting on proactive projects aimed on social responsibility and providing the improvement of quality on social, economic and environmental levels. Such procedure evidences an entrepreneurial awareness that their profitable activity has impact on the community and the environment around them and that making this impact as little as possible is also part of their activity. These investments, however, result on costs which companies try to make up for through benefits obtained from the investments themselves. The purpose of this study is to verify whether there is a relationship between environmental and social investments and corporate financial performance. The empirical study was carried out using panel data analysis with a sample of 59 companies operating in Brazil, with social balance-sheet available on-line, from 2005 to 2008. A significant relationship was identified between external social indexes and net income and between internal social indexes, external social indexes, external social indexes lagged for one period with net operational result. Keywords: Environmental and social responsibility. Financial performance. Panel Data Analysis.

scholarly journals The Financial Performance on Asset Quality of Insurance Industry in Egypt (Panel Data Analysis)

2021 ◽  
Vol 14 (6) ◽  
pp. 24
Author(s):  
Salah Mohamed Eladly
Keyword(s):  
Data Analysis ◽  
Panel Data ◽  
Financial Performance ◽  
Linear Relationship ◽  
Insurance Industry ◽  
Panel Data Analysis ◽  
Test Statistic ◽  
Independent Variable ◽  
Asset Quality

This study is an attempt to analyze the  impact of the financial performance on asset quality of insurance industry in Egypt as  applied on a sample of 19 insurance companies over the period 1999-2019.The financial performance measured by profitability (return on equity-return on investment) and liquidity results show that there is a significant negative linear relationship between the independent variable in terms ofX3, and the dependent variable; y, at a significant level less than (0.01), while there is no significant linear relationship between the independent variable of X1,X2, and dependent variable; y at a significant level greater than (0.05) . The study methodology used panel data analysis according to ARDL model and OLS, beside the robustness check supports these results using the Jarque-Bera test and the Durbin-Watson test statistic

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