scholarly journals Non-Financial Environmental Responsibility Information, Information Environment, and Credit Ratings: Evidence from South Korea

2021 ◽  
Vol 13 (3) ◽  
pp. 1315
Author(s):  
Youngtae Yoo
Keyword(s):  
Environmental Management ◽  
Environmental Performance ◽  
Credit Ratings ◽  
Information Environment ◽  
Environmental Responsibility ◽  
Maturity Stage ◽  
Environmental Strategy ◽  
Corporate Environmental Responsibility ◽  
Stakeholder Communication ◽  
Weak Influence

The purpose of this study was to analyze which dimensions of non-financial environmental responsibility information are more reflected in credit ratings. The non-financial environmental responsibility information used in this study was environmental strategy, environmental organization, environmental management, environmental performance, and stakeholder communication. Based on 1085 companies listed on the Korean capital market from 2013 to 2018, this study reports that the more companies engage in environmental responsibility activities, the better their credit ratings are. Specifically, it found that companies with higher environmental performance and stakeholder communication activities received better credit ratings, while higher environmental management and environmental strategy scores had a relatively weak influence. This indicates that among the corporate environmental responsibilities, the more activities requiring relatively little discretion from managers are performed, the more the reputation capital that is accumulated through corporate environmental responsibility (CER) activities, which leads to higher credit ratings. These associations were found to be strengthened in an information environment where there is a higher degree of information asymmetry and the lifecycle of a firm is at a maturity stage.

scholarly journals Spatial Dynamics between Firm Sales and Environmental Responsibility: The Mediating Role of Corporate Innovation

2021 ◽  
Vol 13 (4) ◽  
pp. 1684 ◽  
Author(s):  
Jiafeng Gu
Keyword(s):  
Environmental Performance ◽  
Explanatory Power ◽  
Spatial Dynamics ◽  
Spillover Effect ◽  
External Control ◽  
Environmental Responsibility ◽  
Systematic Research ◽  
Corporate Environmental Responsibility ◽  
Mediating Role ◽  
Corporate Innovation

Corporate environmental responsibility (CER) is increasingly gaining interest among researchers and practitioners. Despite this extensive interest, systematic research regarding the effect of sales on environmental performance remains scarce. In this study, an empirical analysis on a sample of 909 Chinese listed companies from 2010 to 2016 showed that sales positively impact environmental performance. This study also showed that corporate innovation mediates the relationship between sales and environmental performance. Furthermore, this study showed that environmental performance has a positive spatial spillover effect. Enterprises appear to promote their own environmental performance as a response to a rise in the environmental performance of their neighbors. The external control theory of organization has important reference significance and explanatory power for CER behavior in emerging economies.

scholarly journals The Efffect of Environmental Management Accounting, Environmental Strategy on Environmental Performance and Financial Performance Moderated By Managerial Commitment

2021 ◽  
Vol 2 (1) ◽  
pp. 112-119
Author(s):  
Eko Cahyo Mayndarto ◽  
Yvonne Agustine
Keyword(s):  
Environmental Management ◽  
Performance Management ◽  
Significant Influence ◽  
Economic Performance ◽  
Environmental Performance ◽  
Management Accounting ◽  
Environmental Strategy ◽  
Management Commitment ◽  
Environmental Management Accounting ◽  
The Impact

Environmental management (EMA) has been considered as a successful idea to reduce ecological burdens in the form of energy dependence and carbon footprint. In addition to the company's highest emphasis on EMA, the organization's environmental strategy (ENS) is articulated and implemented with ecological motivation. The role of the ENS strengthens the internal awareness of the organization to improve environmental conditions and thereby helps reduce negative environmental stresses. In addition, with increasing environmental regulations in place, the need for sound environmental policies and strategies of the company is essential to protect future growth and market image. Results There is a significant influence of environmental management accounting to encourage environmental performance, there is a significant effect of environmental management accounting to encourage economic performance, there is a significant influence of environmental strategy to encourage environmental performance, there is a significant influence of environmental strategy to encourage economic performance, commitment to moderate management The significant influence of Environmental Management Accounting to encourage Environmental Performance, Management Commitment Cannot Moderate the Effect of Environmental Management Accounting which encourages Economic Performance, Management Commitment to Moderate the significant influence of Environmental Strategy to encourage Environmental Performance and Management Commitment to Moderate the Impact of Environmental Strategy which is significant to encourage Economic Performance .  

scholarly journals Environmental Management Transfer and Environmental Performance by Japanese Firms in Thailand

2014 ◽  
pp. 81-90
Author(s):  
Tatsuo Kimbara ◽  
Kazuma Murakami ◽  
Nirundon Tapachai
Keyword(s):  
Environmental Management ◽  
Environmental Performance ◽  
Government Regulation ◽  
Analytical Framework ◽  
Environmental Management System ◽  
Least Square ◽  
Environmental Strategy ◽  
Ordinary Least Square ◽  
Japanese Firms ◽  
Corporate Social

This paper analyzes the determinants of environmental management transfer and environ-mental performance by Japanese firms in Thailand. For sustainable development, all actors need to contribute to the reduction of environmental loads. This requirement is part of a corporate social responsibility. Data obtained from a questionnaire survey onJapanese subsi-diaries in Thailandareused in the analysis. Government regulation, environmental strategy, organization and environmental performance are the key factors in the analytical framework. This paper uses ordinary least square (OLS) method for estimation. The results of the analy-sis indicate that the environmental management system and green procurement by parent firms are significantly related to the international transfer of these practices. Top leadership and the goal of environmental management in the subsidiary are also significantly related to the transfer.The emphasis of environmental strategy leads to improved environmental perfor-mance. Specifically,water and air performance are related to top initiative. In contrast, CO2and waste performance are related to the priority of environmental management.This paper presentsnew findings in environmental management.

E-Business Disclosure for Sustainability on Selected Listed Companies in Indonesia's Stock Exchange Market

2014 ◽  
Vol 5 (3) ◽  
pp. 32-39
Author(s):  
Vincent Didiek Wiet Aryanto
Keyword(s):  
Environmental Management ◽  
Environmental Performance ◽  
Stock Exchange ◽  
Listed Companies ◽  
Environmental Responsibility ◽  
Exchange Market ◽  
Business Sustainability ◽  
The Public ◽  
Sustainability Reports ◽  
Sustainability Practices

To date, most listed corporations in Indonesia's Stock Exchange Market (BEI) disclose information on e-business sustainability concerning their environmental performance in response to stakeholder demand for environmental responsibility and accountability. How was e-business sustainability performed by some corporations on their websites? This article investigates the environmental management and business sustainability practices of the publicly listed companies in Indonesia as informed to the public by their websites. Based on a content analysis of the e-business sustainability reports, this article analyzes the content of corporate environmental and e-business sustainability disclosures with respect to the following areas: company compliance and company non-compliance to the sets of environment regulations and policies implied in the PROPER program.

scholarly journals The Influence of Environmental Strategy, Environmental Reporting and Environmental Management Control System on Environmental and Economic Performance

Energies ◽  
2021 ◽  
Vol 14 (15) ◽  
pp. 4637
Author(s):  
Petr Petera ◽  
Jaroslav Wagner ◽  
Renáta Pakšiová
Keyword(s):  
Environmental Management ◽  
Control System ◽  
Economic Performance ◽  
Environmental Performance ◽  
Structural Equation ◽  
Positive Impact ◽  
Management Control ◽  
Environmental Strategy ◽  
Environmental Reporting ◽  
Management Control System

The importance of corporate social responsibility, especially in the environmental domain, continues to grow in an era of mounting climate urgency. This study is based on original, empirical, survey-based research in two post-communist European countries and seeks to add a geographical viewpoint and to investigate the influence of innovative constructs (environmental reporting, environmental strategy, environmental management control system) on environmental and economic performance. Data are analysed through partial least squares structural equation modelling, which enables the use of a complex model with several links between constructs. Findings reveal that environmental strategy has a positive impact on the use of an environmental management control system and an indirect positive impact on environmental performance. The environmental management control system has been shown to have a positive influence on environmental performance and, ultimately, on economic performance.

scholarly journals Promoting or Inhibiting? The Impact of Enterprise Environmental Performance on Economic Performance: Evidence From China's Large Iron and Steel Enterprises

2021 ◽  
Author(s):  
Rong Liu ◽  
Feng He ◽  
Jianyu Ren
Keyword(s):  
Economic Performance ◽  
Environmental Performance ◽  
Environmental Responsibility ◽  
Data Envelopment ◽  
Corporate Environmental Responsibility ◽  
Iron And Steel ◽  
Environmental Performance Evaluation ◽  
The Impact ◽  
The Relationship ◽  
Production And Operation

Abstract In recent years, people have realized the importance of corporate environmental responsibility. In this study, we combine the Slack-based Measurement (SBM) model with the "Super-efficiency" model to construct the environmental performance evaluation based on Data Envelopment Analysis (DEA) to measure the environmental performance of China's large iron and steel enterprises from 2009 to 2017. Then, it studies the impact of environmental performance on enterprise economic performance through regression analysis. The results show that the impact of environmental performance of China's large iron and steel enterprises on economic performance shows an inverted U-shaped relationship. The conclusion is helpful to encourage enterprises to actively carry out environmental management, so as to maintain and enhance the competitiveness of enterprises. Therefore, this paper suggests that iron and steel enterprises should balance the relationship between environmental responsibility and economic performance in order to maximize enterprise performance. The main purpose of this paper is to let enterprises solve the negative externalities in production through internalization, and encourage enterprises to adopt environmental protection behavior for production and operation.

scholarly journals MANIFESTASI KINERJA LINGKUNGAN DALAM PERSPEKTIF ILMU AKUNTANSI DI PERUSAHAAN KOTA CILEGON

2020 ◽  
Vol 5 (2) ◽  
pp. 181-194
Author(s):  
Pebrianti Pebrianti ◽  
Tubagus Ismail ◽  
Munawar Muchlish ◽  
Mochamad Fahru Komarudin
Keyword(s):  
Environmental Management ◽  
Data Collection ◽  
Environmental Performance ◽  
Management Accounting ◽  
Environmental Accounting ◽  
Environmental Strategy ◽  
Survey Techniques ◽  
Environmental Management Accounting ◽  
Different Characteristics ◽  
The City

Environmental problems with pollution are generally caused by waste resulting from poorly managed waste disposal systems from the production process. Around 64 of the 470 watersheds are in critical condition. The causes are varied, including industrial waste containing various chemicals. This is because the use of corporate environmental accounting is less proactive to the management of the application of corporate environmental management accounting that is not good. The results of the proper assessment of the company's environmental performance in Banten 2017-2018 there were 9 companies that received a red rating greater than the 2016-2017 assessment year which only 5 companies. This type of research is a comparative causal study. Based on the type of data, this research is a quantitative study, because the data used is in the form of numbers. The method used in data collection in this study is to use survey techniques, namely data collection by questionnaire in 36 companies in the city of Cilegon who follow environmental proper. In this study the data was processed using PLS static tools to have different characteristics from previous studies. Based on the results of the study it can be concluded that Environmental Management Accounting, Environmental Strategy, Physical environmental accounting, Monetary environmental accounting have a positive and significant effect directly on Environmental Performance. And the Environmental Strategy has a positive and significant effect on Environmental Management Accounting directly.

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