메뉴 건너뛰기




Volumn 64, Issue 3, 2008, Pages 643-659

Corporate environmental disclosure, financial markets and the media: An international perspective

Author keywords

Analysts' forecasts; Corporate disclosure; Environmental disclosure; Media exposure; Web disclosure

Indexed keywords

CORPORATE STRATEGY; ENVIRONMENTAL ECONOMICS; EQUATION; FINANCIAL MARKET; MEDIA INDUSTRY;

EID: 37049032500     PISSN: 09218009     EISSN: None     Source Type: Journal    
DOI: 10.1016/j.ecolecon.2007.04.012     Document Type: Article
Times cited : (265)

References (58)
  • 1
    • 0141644623 scopus 로고    scopus 로고
    • Determinants of social responsibility disclosures of U.S. Fortune 500 firms: an application of content analysis
    • Alnajjar F.K. Determinants of social responsibility disclosures of U.S. Fortune 500 firms: an application of content analysis. Advances in Environmental Accounting & Management 1 (2000) 163-200
    • (2000) Advances in Environmental Accounting & Management , vol.1 , pp. 163-200
    • Alnajjar, F.K.1
  • 2
    • 1542508930 scopus 로고    scopus 로고
    • The relations among environmental disclosure, environmental performance, and economic performance: a simultaneous equations approach
    • Al-Tuwaijri S., Christensen T.E., and Hughes II K.E. The relations among environmental disclosure, environmental performance, and economic performance: a simultaneous equations approach. Accounting, Organizations and Society 29 (2004) 447-471
    • (2004) Accounting, Organizations and Society , vol.29 , pp. 447-471
    • Al-Tuwaijri, S.1    Christensen, T.E.2    Hughes II, K.E.3
  • 3
    • 21344486362 scopus 로고
    • The market valuation of accounting information: the case of post-retirement benefits other than pensions
    • Amir E. The market valuation of accounting information: the case of post-retirement benefits other than pensions. The Accounting Review 68 4 (1993) 703-725
    • (1993) The Accounting Review , vol.68 , Issue.4 , pp. 703-725
    • Amir, E.1
  • 4
    • 0035730596 scopus 로고    scopus 로고
    • Domestic accounting standards, international accounting standards and the predictability of earnings
    • Ashbaugh H., and Pincus M. Domestic accounting standards, international accounting standards and the predictability of earnings. Journal of Accounting Research 39 (2001) 417-434
    • (2001) Journal of Accounting Research , vol.39 , pp. 417-434
    • Ashbaugh, H.1    Pincus, M.2
  • 5
    • 0003111030 scopus 로고    scopus 로고
    • Factors influencing firms' disclosures about environmental liabilities
    • Barth M.E., McNichols M.F., and Wilson G.P. Factors influencing firms' disclosures about environmental liabilities. Review in Accounting Studies 2 (1997) 35-65
    • (1997) Review in Accounting Studies , vol.2 , pp. 35-65
    • Barth, M.E.1    McNichols, M.F.2    Wilson, G.P.3
  • 6
    • 0001482247 scopus 로고    scopus 로고
    • Corporate environmental reports: the need for standards and environmental assurance services
    • Beets S.D., and Souther C. Corporate environmental reports: the need for standards and environmental assurance services. Accounting Horizons 13 2 (1999) 129-146
    • (1999) Accounting Horizons , vol.13 , Issue.2 , pp. 129-146
    • Beets, S.D.1    Souther, C.2
  • 8
    • 0043183592 scopus 로고    scopus 로고
    • Disclosure of environmental information by Canadian manufacturing companies: a voluntary disclosure perspective
    • Bewley K., and Li Y. Disclosure of environmental information by Canadian manufacturing companies: a voluntary disclosure perspective. Advances in Environmental Accounting & Management 1 (2000) 201-226
    • (2000) Advances in Environmental Accounting & Management , vol.1 , pp. 201-226
    • Bewley, K.1    Li, Y.2
  • 9
    • 84998068444 scopus 로고    scopus 로고
    • Environmental information and market reactions to environmental legislation
    • (Spring)
    • Blacconiere W.G., and Northcut W.D. Environmental information and market reactions to environmental legislation. Journal of Accounting, Auditing & Finance 12 (1997) 149-178 (Spring)
    • (1997) Journal of Accounting, Auditing & Finance , vol.12 , pp. 149-178
    • Blacconiere, W.G.1    Northcut, W.D.2
  • 10
    • 0000230363 scopus 로고
    • Environmental disclosures, regulatory costs and changes in firm value
    • Blacconiere W.G., and Patten D.M. Environmental disclosures, regulatory costs and changes in firm value. Journal of Accounting and Economics 18 3 (1994) 357-377
    • (1994) Journal of Accounting and Economics , vol.18 , Issue.3 , pp. 357-377
    • Blacconiere, W.G.1    Patten, D.M.2
  • 11
    • 0031184823 scopus 로고    scopus 로고
    • Disclosure level and the cost of equity capital
    • Botosan C. Disclosure level and the cost of equity capital. The Accounting Review 72 (1997) 323-349
    • (1997) The Accounting Review , vol.72 , pp. 323-349
    • Botosan, C.1
  • 12
    • 0034257391 scopus 로고    scopus 로고
    • Motivations for a change in disclosure frequency and its consequences: an examination of voluntary quarterly segment disclosures
    • Botosan C., and Harris M.S. Motivations for a change in disclosure frequency and its consequences: an examination of voluntary quarterly segment disclosures. Journal of Accounting Research 38 2 (2000) 329-353
    • (2000) Journal of Accounting Research , vol.38 , Issue.2 , pp. 329-353
    • Botosan, C.1    Harris, M.S.2
  • 14
    • 33947671702 scopus 로고    scopus 로고
    • The public disclosure of environmental performance information-a dual test of media agenda setting theory and legitimacy theory
    • (Winter)
    • Brown N., and Deegan C. The public disclosure of environmental performance information-a dual test of media agenda setting theory and legitimacy theory. Accounting and Business Research 29 1 (1998) 21-41 (Winter)
    • (1998) Accounting and Business Research , vol.29 , Issue.1 , pp. 21-41
    • Brown, N.1    Deegan, C.2
  • 15
    • 2442596767 scopus 로고    scopus 로고
    • Transparency, financial accounting information, and corporate governance
    • Bushman R., and Smith A. Transparency, financial accounting information, and corporate governance. Economic Policy Review 9 1 (2003) 65-87
    • (2003) Economic Policy Review , vol.9 , Issue.1 , pp. 65-87
    • Bushman, R.1    Smith, A.2
  • 17
    • 2442676388 scopus 로고    scopus 로고
    • The market valuation of environmental capital expenditures by pulp and paper companies
    • Clarkson P., Li Y., and Richardson G.D. The market valuation of environmental capital expenditures by pulp and paper companies. The Accounting Review 79 2 (2004) 329-354
    • (2004) The Accounting Review , vol.79 , Issue.2 , pp. 329-354
    • Clarkson, P.1    Li, Y.2    Richardson, G.D.3
  • 18
    • 84986082924 scopus 로고    scopus 로고
    • An examination of social and environmental reporting strategies
    • Cormier D., and Gordon I.M. An examination of social and environmental reporting strategies. Accounting Auditing & Accountability Journal 14 5 (2001) 587-616
    • (2001) Accounting Auditing & Accountability Journal , vol.14 , Issue.5 , pp. 587-616
    • Cormier, D.1    Gordon, I.M.2
  • 19
    • 84990380988 scopus 로고    scopus 로고
    • Corporate environmental disclosure strategies: determinants, costs and benefits
    • Cormier D., and Magnan M. Corporate environmental disclosure strategies: determinants, costs and benefits. Journal of Accounting, Auditing & Finance 14 3 (1999) 429-451
    • (1999) Journal of Accounting, Auditing & Finance , vol.14 , Issue.3 , pp. 429-451
    • Cormier, D.1    Magnan, M.2
  • 20
  • 21
    • 85006639074 scopus 로고    scopus 로고
    • Environmental disclosure quality: do firms respond to economic incentives, public pressures or institutional conditions?
    • Cormier D., Magnan M., and Van Velthoven B. Environmental disclosure quality: do firms respond to economic incentives, public pressures or institutional conditions?. European Accounting Review 14 1 (2005) 1-37
    • (2005) European Accounting Review , vol.14 , Issue.1 , pp. 1-37
    • Cormier, D.1    Magnan, M.2    Van Velthoven, B.3
  • 22
    • 0000962356 scopus 로고
    • The impact of corporate characteristics on social responsibility disclosure: a typology and frequency-based analysis
    • Cowen S.S., Ferreri L.B., and Parker L.D. The impact of corporate characteristics on social responsibility disclosure: a typology and frequency-based analysis. Accounting, Organizations and Society (1987) 111-122
    • (1987) Accounting, Organizations and Society , pp. 111-122
    • Cowen, S.S.1    Ferreri, L.B.2    Parker, L.D.3
  • 24
    • 0001091248 scopus 로고    scopus 로고
    • A study of the environmental disclosure practices of Australian corporations
    • Deegan C., and Gordon B. A study of the environmental disclosure practices of Australian corporations. Accounting and Business Research 26 3 (1996) 187-199
    • (1996) Accounting and Business Research , vol.26 , Issue.3 , pp. 187-199
    • Deegan, C.1    Gordon, B.2
  • 25
    • 84986043580 scopus 로고    scopus 로고
    • Do Australian companies report environmental disclosures by firms prosecuted successfully by environmental protection authority
    • Deegan C., and Rankin M. Do Australian companies report environmental disclosures by firms prosecuted successfully by environmental protection authority. Accounting Auditing & Accountability Journal 9 2 (1996) 50-67
    • (1996) Accounting Auditing & Accountability Journal , vol.9 , Issue.2 , pp. 50-67
    • Deegan, C.1    Rankin, M.2
  • 26
    • 84986037627 scopus 로고    scopus 로고
    • An examination of the corporate social and environmental disclosures of BHP from 1983-1997 - a test of legitimacy theory
    • Deegan C., Rankin M., and Tobin J. An examination of the corporate social and environmental disclosures of BHP from 1983-1997 - a test of legitimacy theory. Accounting Auditing & Accountability Journal 15 3 (2002) 312-343
    • (2002) Accounting Auditing & Accountability Journal , vol.15 , Issue.3 , pp. 312-343
    • Deegan, C.1    Rankin, M.2    Tobin, J.3
  • 29
    • 84986065112 scopus 로고    scopus 로고
    • Some determinants of social and environmental disclosures in New Zealand companies
    • Hackston D., and Milne M.J. Some determinants of social and environmental disclosures in New Zealand companies. Accounting Auditing & Accountability Journal 25 (1996) 77-108
    • (1996) Accounting Auditing & Accountability Journal , vol.25 , pp. 77-108
    • Hackston, D.1    Milne, M.J.2
  • 30
    • 0001717265 scopus 로고    scopus 로고
    • The market valuation of IAS versus US-GAAP accounting measures using form 20-F reconciliations
    • Harris M.S., and Muller III K.A. The market valuation of IAS versus US-GAAP accounting measures using form 20-F reconciliations. Journal of Accounting and Economics 28 1-3 (1999) 285-312
    • (1999) Journal of Accounting and Economics , vol.28 , Issue.1-3 , pp. 285-312
    • Harris, M.S.1    Muller III, K.A.2
  • 31
    • 0012319054 scopus 로고    scopus 로고
    • Information asymmetry, corporate disclosure, and capital markets: a review of empirical disclosure literature
    • Healy P.M., and Palepu K.G. Information asymmetry, corporate disclosure, and capital markets: a review of empirical disclosure literature. Journal of Accounting and Economics 31 1/3 (2001) 405-440
    • (2001) Journal of Accounting and Economics , vol.31 , Issue.1-3 , pp. 405-440
    • Healy, P.M.1    Palepu, K.G.2
  • 32
    • 0000388461 scopus 로고    scopus 로고
    • Stock performance and intermediation changes surrounding sustained increases in disclosure
    • Healy P., Hutton A.P., and Palepu K.G. Stock performance and intermediation changes surrounding sustained increases in disclosure. Contemporary Accounting Research 16 3 (1999) 485-520
    • (1999) Contemporary Accounting Research , vol.16 , Issue.3 , pp. 485-520
    • Healy, P.1    Hutton, A.P.2    Palepu, K.G.3
  • 33
    • 37049006231 scopus 로고    scopus 로고
    • The determinants of an environmentally responsive firm: an empirical approach
    • Henriques I., and Sadorski P. The determinants of an environmentally responsive firm: an empirical approach. Journal of Environmental Economics and Management 30 3 (1999) 87-99
    • (1999) Journal of Environmental Economics and Management , vol.30 , Issue.3 , pp. 87-99
    • Henriques, I.1    Sadorski, P.2
  • 34
    • 0037725009 scopus 로고    scopus 로고
    • Disclosure practices, enforcement of accounting standards and analysts' forecasts accuracy: an international study
    • Hope O.K. Disclosure practices, enforcement of accounting standards and analysts' forecasts accuracy: an international study. Journal of Accounting Research 41 2 (2003) 272-273
    • (2003) Journal of Accounting Research , vol.41 , Issue.2 , pp. 272-273
    • Hope, O.K.1
  • 35
    • 0041370067 scopus 로고    scopus 로고
    • Corporate environmental disclosures: are they useful in determining environmental performance?
    • Hughes S.B., Anderson A., and Golden S. Corporate environmental disclosures: are they useful in determining environmental performance?. Journal of Accounting and Public Policy 20 (2001) 217-240
    • (2001) Journal of Accounting and Public Policy , vol.20 , pp. 217-240
    • Hughes, S.B.1    Anderson, A.2    Golden, S.3
  • 37
    • 37049025323 scopus 로고    scopus 로고
    • Valuation Analysis of Environmental Disclosures
    • California Polytechnic State University
    • Lancaster K.A.S. Valuation Analysis of Environmental Disclosures. Working Paper (1998), California Polytechnic State University
    • (1998) Working Paper
    • Lancaster, K.A.S.1
  • 38
    • 0030305317 scopus 로고    scopus 로고
    • Corporate disclosure policy and analyst behavior
    • Lang M., and Lundholm R. Corporate disclosure policy and analyst behavior. The Accounting Review 71 4 (1996) 467-492
    • (1996) The Accounting Review , vol.71 , Issue.4 , pp. 467-492
    • Lang, M.1    Lundholm, R.2
  • 39
    • 0037505903 scopus 로고    scopus 로고
    • IAS versus U.S.GAAP: information asymmetry-based evidence from Germany's new market
    • Leuz C. IAS versus U.S.GAAP: information asymmetry-based evidence from Germany's new market. Journal of Accounting Research 41 3 (2003) 445-472
    • (2003) Journal of Accounting Research , vol.41 , Issue.3 , pp. 445-472
    • Leuz, C.1
  • 40
    • 84933494103 scopus 로고
    • Information disclosure strategy
    • (Summer)
    • Lev B. Information disclosure strategy. California Management Review 34 (1992) 9-32 (Summer)
    • (1992) California Management Review , vol.34 , pp. 9-32
    • Lev, B.1
  • 41
    • 0000543130 scopus 로고    scopus 로고
    • Corporate disclosure of environmental liability information: theory and evidence
    • Li Y., Richardson G.D., and Thornton D.B. Corporate disclosure of environmental liability information: theory and evidence. Contemporary Accounting Research 14 3 (1997) 435-474
    • (1997) Contemporary Accounting Research , vol.14 , Issue.3 , pp. 435-474
    • Li, Y.1    Richardson, G.D.2    Thornton, D.B.3
  • 42
    • 84993099527 scopus 로고
    • Factors influencing voluntary annual report disclosures by U.S., U.K. and continental European multinational corporations
    • Meek G.K., Roberts C.B., and Gray S.J. Factors influencing voluntary annual report disclosures by U.S., U.K. and continental European multinational corporations. Journal of International Business Studies 26 3 (1995) 555-572
    • (1995) Journal of International Business Studies , vol.26 , Issue.3 , pp. 555-572
    • Meek, G.K.1    Roberts, C.B.2    Gray, S.J.3
  • 43
    • 0000905963 scopus 로고    scopus 로고
    • Managing public impressions: environmental disclosures in annual reports
    • Neu D., Warsame H., and Pedwell K. Managing public impressions: environmental disclosures in annual reports. Accounting, Organizations and Society 23 3 (1998) 265-282
    • (1998) Accounting, Organizations and Society , vol.23 , Issue.3 , pp. 265-282
    • Neu, D.1    Warsame, H.2    Pedwell, K.3
  • 46
    • 0001647340 scopus 로고
    • Intra-industry environmental disclosures in response to the Alaskan oil spill: a note on legitimacy theory
    • Patten D.M. Intra-industry environmental disclosures in response to the Alaskan oil spill: a note on legitimacy theory. Accounting, Organizations and Society 17 5 (1992) 471-475
    • (1992) Accounting, Organizations and Society , vol.17 , Issue.5 , pp. 471-475
    • Patten, D.M.1
  • 47
    • 0842334913 scopus 로고    scopus 로고
    • Media exposure, public policy pressure, and environmental disclosure: an examination of the impact of TRI data availability
    • Patten D.M. Media exposure, public policy pressure, and environmental disclosure: an examination of the impact of TRI data availability. Accounting Forum 26 2 (2002) 153-171
    • (2002) Accounting Forum , vol.26 , Issue.2 , pp. 153-171
    • Patten, D.M.1
  • 48
    • 0036837339 scopus 로고    scopus 로고
    • The relation between environmental performance and environmental disclosure: a research note
    • Patten D.M. The relation between environmental performance and environmental disclosure: a research note. Accounting, Organizations and Society 27 (2002) 763-773
    • (2002) Accounting, Organizations and Society , vol.27 , pp. 763-773
    • Patten, D.M.1
  • 49
    • 0035486086 scopus 로고    scopus 로고
    • Social disclosure, financial disclosure and the cost of capital
    • Richardson A.J., and Welker M. Social disclosure, financial disclosure and the cost of capital. Accounting, Organizations and Society 26 7/8 (2001) 597-616
    • (2001) Accounting, Organizations and Society , vol.26 , Issue.7-8 , pp. 597-616
    • Richardson, A.J.1    Welker, M.2
  • 50
    • 0001232952 scopus 로고
    • Determinants of corporate social responsibility disclosure: an application of stakeholder theory
    • Roberts R.W. Determinants of corporate social responsibility disclosure: an application of stakeholder theory. Accounting, Organizations and Society 17 6 (1992) 595-612
    • (1992) Accounting, Organizations and Society , vol.17 , Issue.6 , pp. 595-612
    • Roberts, R.W.1
  • 52
    • 21344476154 scopus 로고
    • Why firms voluntarily disclose bad news
    • (Spring)
    • Skinner D. Why firms voluntarily disclose bad news. Journal of Accounting Research 32 (1994) 38-60 (Spring)
    • (1994) Journal of Accounting Research , vol.32 , pp. 38-60
    • Skinner, D.1
  • 55
    • 0030306683 scopus 로고    scopus 로고
    • The relation between a prior earnings forecast by management and analyst response to a current management forecast
    • Williams P.A. The relation between a prior earnings forecast by management and analyst response to a current management forecast. The Accounting Review 71 (1996) 103-116
    • (1996) The Accounting Review , vol.71 , pp. 103-116
    • Williams, P.A.1
  • 56
    • 4944220459 scopus 로고    scopus 로고
    • Corporate social disclosures by listed companies on their web sites: an international comparison
    • Williams S.M., and Ho Wern Pei C.A. Corporate social disclosures by listed companies on their web sites: an international comparison. The International Journal of Accounting 34 3 (1999) 389-419
    • (1999) The International Journal of Accounting , vol.34 , Issue.3 , pp. 389-419
    • Williams, S.M.1    Ho Wern Pei, C.A.2
  • 58
    • 49049139717 scopus 로고
    • An evaluation of environmental disclosures made in corporate annual reports
    • Wiseman J. An evaluation of environmental disclosures made in corporate annual reports. Accounting, Organizations and Society 7 4 (1982) 53-64
    • (1982) Accounting, Organizations and Society , vol.7 , Issue.4 , pp. 53-64
    • Wiseman, J.1


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.