scholarly journals Global Corporate Accountability

2020 ◽  
pp. 45
Author(s):  
Jean-Jacques Lambin
Keyword(s):  
Social Responsibility ◽  
Environmental Performance ◽  
Economic Globalization ◽  
Economic Sustainability ◽  
Corporate Accountability ◽  
Publicly Traded ◽  
Accountability System ◽  
Civil Regulation ◽  
Structural Imbalance

Global corporate accountability refers to the performance of a publicly traded company in non-financial areas such as social responsibility, sustainability and environmental performance. The emergence of global civil regulation is rooted in the perception that economic globalization has created a structural imbalance between the size and power of global firms and markets and the capacity and/or willingness of governments to adequately regulate their corporate conduct. The objective of economic sustainability implies the development within the firm of a societal corporate accountability system, which will help the firm to manage its economic and societal responsibilities and to periodically report to its different stakeholders.

scholarly journals The Effect of Environmental Performance, Foreign Ownership and Leverage to Disclosure of Corporate Social Responsibility (Study on Manufacturing Companies in Indonesia Stock Exchange)

2015 ◽  
Vol 3 (2) ◽  
pp. 08-13
Author(s):  
Musfialdy Musfialdy ◽  
Enni Savitri
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Environmental Performance ◽  
Stock Exchange ◽  
Foreign Ownership ◽  
Linear Regression Method ◽  
Manufacturing Companies ◽  
Ownership Type ◽  
Sample Data ◽  
Corporate Social

Objective - The purpose of this study is to examine the effect of environmental performance, foreign ownership and leverage to disclosure of corporate social responsibility (CSR). Methodology/Technique - CSR of disclosure in this study using performance indicators based GRI (Global Reporting Initiatives). Data collection using purposive sampling method for manufacturing companies in Indonesia stock exchange in 2011 through 2013, there were 85 companies in the sample. Data were analyzed by multiple linear regression method. Findings - The result shows that the environmental performance and leverage effect on disclosure of corporate social responsibility, while foreign ownership doesn't affect on disclosure of corporate social responsibility. Novelty - this study adds to the variable debt and foreign ownership Type of Paper - Empirical Keywords: Corporate Social Responsibility, Environmental Performance, Foreign Ownership and leverage

Global Standards and the Environmental Performance of Industry

2005 ◽  
Author(s):  
Michael T. Rock ◽  
David P. Angel
Keyword(s):  
Environmental Performance ◽  
Economic Globalization ◽  
Social Consequences ◽  
Positive Development ◽  
Environmental Standards ◽  
Global Standards ◽  
Global Environmental ◽  
And Performance ◽  
Development Outcomes ◽  
Institutional Capability

This chapter draws together the evidence of the last three chapters to consider the emergence of global standards as a driver of improvements in the environmental performance of industry. Our particular focus is the growing importance of firm-based global environmental standards as an alternative to the more widely recognized state-centered approaches to setting and implementing environmental standards. Increasing numbers of multinational firms (MNCs) are adopting uniform approaches to environmental management across all of their facilities worldwide, including in some cases process and performance-based environmental standards. Such intra-firm standards have even broader reach when they are also applied to the suppliers of the MNCs as part of standardized supply chain management. In this chapter we examine the rationale behind the adoption of firm-based approaches to global environmental standards, and whether such firm-based approaches add value to traditional state-centered environmental regulation and governance. Why are firm-based global standards being adopted by MNCs, and do these standards constitute a novel and effective approach to improving the environmental performance of industry? The chapter addresses the issue of global standards and the environment from the perspective of recent research within economic geography on issues of economic globalization. We take this starting point precisely because much of the recent interest in global environmental standards among politicians and policy makers is a reaction to economic globalization and to the likely environmental and social consequences of intensified flows of capital, technology, and information on a global scale. The growing force of neoliberal trade and investment regimes, and the rapid growth in foreign direct investment and international trade within the world economy, has led many to call for a new global governance of economic processes that will ensure more positive development outcomes (Rodrik et al. 2002; UNDP 2003). What Rodrik and others have in mind in this regard is some combination of supra-national institutional capability and strengthened state-based regulation to match the growing global reach of MNCs.

scholarly journals The Study on the Relationship between the Environmental and Financial Performances of Corporates Which Have Adopting the System of Environmental Accounting in Taiwan

2019 ◽  
Vol 81 ◽  
pp. 01012
Author(s):  
Wei-Lun Huang ◽  
Yan-Kai Fu
Keyword(s):  
Social Responsibility ◽  
Financial Performance ◽  
Environmental Performance ◽  
Positive Relationship ◽  
Environmental Policies ◽  
Environmental Accounting ◽  
Accounting System ◽  
Review Of Literature ◽  
The Social ◽  
The Relationship

The purpose of this paper is to study the relationship between the environmental and financial performance of Corporates. For the environmental awareness of people, the social responsibility of companies and the environmental policies and laws of government, more and more companies would adopt the system of environmental accounting, and then they would disclosure their environmental performances. From the review of literature and the statistics results on the financial and environmental performances of listed companies which had adopted the environmental accounting system in Taiwan, the results are: 1.the adopting on the system of environmental accounting might make the corporations’ financial performances worse, but not significantly make corporations’ environmental performances better. 2. There should be a positive relationship between the environmental performance and financial performance of companies.

To B or not to B: Etsy’s decision whether to re-incorporate as a public benefit corporation and maintain its B Lab certification

2019 ◽  
Vol 15 (6) ◽  
pp. 510-527
Author(s):  
Gabriele Lingenfelter ◽  
Ronnie Cohen
Keyword(s):  
Corporate Social Responsibility ◽  
Social Responsibility ◽  
Regulatory System ◽  
Business Law ◽  
Publicly Traded ◽  
Socially Responsible ◽  
Content Type ◽  
Benefit Corporation ◽  
Academic Level ◽  
Corporate Social

Theoretical basis As the regulatory system begins to recognize the role of social responsibility reporting, reliable disclosure measures will be required. Issues of transparency, reliability and assurance are likely to arise as securities regulators consider whether and how to require disclosure of non-financial information. Various reporting models are presented in the case to illustrate different ways that these issues can be addressed by privately held and publicly traded corporations. Research methodology The case uses the company, Etsy, Inc., which has established itself as a publicly traded, socially responsible corporation. Etsy must decide whether it will re-incorporate as a benefit corporation in order to maintain its B Lab certification. This decision introduces students to the various measures of corporate social responsibility, the interests of the stakeholders of a corporation and the regulatory environment in which socially responsible, publicly traded corporations operate. The case uses only publicly available information. Case overview/synopsis This teaching case addresses the decision faced by Etsy, Inc. when it became a publicly traded corporation. In order to maintain its certification as a socially responsible corporation by B Lab, it would have to re-incorporate as a Delaware Benefit Corporation. In making this decision, the company had to consider various measures used for corporate social responsibility reporting and transparency and how these might affect Etsy’s stakeholders. Complexity academic level Undergraduate or masters level case that could be used in a business law, commercial law, legal environment or auditing course.

Sign in / Sign up

Export Citation Format

Share Document