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DOES THE INSTITUTIONAL ENVIRONMENT AFFECT SUSTAINABILITY REPORTING? WORLDWIDE EVIDENCE

Year 2024, Volume: 26 Issue: 1, 1 - 29, 31.03.2024

Merve Kılıç Karamahmutoğlu

https://doi.org/10.31460/mbdd.1370759

Abstract

This study aims to examine the association between the institutional environment and the adoption of Global Reporting Initiative (GRI) guidelines. The research sample covers the largest 500 companies in the world, based on Fortune magazine’s 2020 ranking. A logistic regression is conducted to examine the relationship between the institutional environment and GRI adoption. The findings reveal that companies from countries with high environmental development and social progress and strong governance are more likely to release GRI-based sustainability reports. This study implies the significant role of country-level institutional factors in corporate reporting.

Keywords

Institutional Environment Institutional Factors Sustainability Reporting GRI

References

  • Ali, W., & Frynas, J. G. (2018). The role of normative CSR-promoting institutions in stimulating CSR disclosures in developing countries. Corporate Social Responsibility and Environmental Management, 25(4), 373-390. https://doi.org/10.1002/csr.1466
  • Amini, M., Bienstock, C. C., & Narcum, J. A. (2018). Status of corporate sustainability: A content analysis of Fortune 500 companies. Business Strategy and the Environment, 27(8), 1450-1461. https://doi.org/10.1002/bse.2195
  • Amor-Esteban, V., Galindo-Villardón, M., & García-Sánchez, I.-M. (2019). A multivariate proposal for a national corporate social responsibility practices index (NCSRPI) for international settings. Social Indicators Research, 143(2), 525-560. https://doi.org/10.1007/s11205-018-1997-x
  • Baughn, C. C., (Dusty) Bodie, N. L., & McIntosh, J. C. (2007). Corporate social and environmental responsibility in Asian countries and other geographical regions. Corporate Social Responsibility and Environmental Management, 14(4), 189-205. https://doi.org/10.1002/csr.160
  • Campbell, J. L. (2007). Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review, 32(3), 946-967. https://doi.org/10.5465/amr.2007.25275684
  • Cardenas, M., Ayala, J. J. G., & Hernandez-Aguilera, J. N. (2020). Boosting ESG finance for the post-Covid-19 world. Retrieved December 11, 2023, from https://intelego-eu.com/wp-content/uploads/2020/05/BoostingESGFinancePost-COVID_CGEP_Commentary_042220-3-1.pdf
  • Christensen, H. B., Hail, L., & Leuz, C. (2021). Mandatory CSR and sustainability reporting: Economic analysis and literature review. Review of Accounting Studies, 26(3), 1176-1248. https://doi.org/10.1007/s11142-021-09609-5
  • DiMaggio, P. J., & Powell, W. W. (1983). The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, 48(2), 147-160. https://doi.org/10.2307/2095101
  • Doh, J. P., & Guay, T. R. (2006). Corporate social responsibility, public policy, and NGO activism in Europe and the United States: An institutional‐stakeholder perspective. Journal of Management Studies, 43(1), 47-73. https://doi.org/10.1111/j.1467-6486.2006.00582.x
  • Fifka, M. S., & Pobizhan, M. (2014). An institutional approach to corporate social responsibility in Russia. Journal of Cleaner Production, 82, 192-201. https://doi.org/10.1016/j.jclepro.2014.06.091
  • Fortune (2020). Fortune Global 500 list 2020. Retrieved September 25, 2021, from https://fortune.com/ranking/global500/2020/
  • Freeman, R. E. (1984). Strategic management: A stakeholder perspective. Prentice Hall.
  • Gallego‐Álvarez, I., & Pucheta‐Martínez, M. C. (2020). Corporate social responsibility reporting and corporate governance mechanisms: An international outlook from emerging countries. Business Strategy & Development, 3(1), 77-97. https://doi.org/10.1002/bsd2.80
  • Gerged, A. M., & Almontaser, T. (2021). Corporate adoption of SDG reporting in a non-enabling institutional environment: Insights from Libyan oil industries. Resources Policy, 74, 102240. https://doi.org/10.1016/j.resourpol.2021.102240
  • GRI (2021). GRI 1: Foundation 2021. Retrieved December 13, 2023, from https://www.globalreporting.org/standards/download-the-standards/
  • Hackston, D., & Milne, M. J. (1996). Some determinants of social and environmental disclosures in New Zealand companies. Accounting, Auditing & Accountability Journal, 9(1), 77-108. https://doi.org/10.1108/09513579610109987
  • Hahn, R., & Kühnen, M. (2013). Determinants of sustainability reporting: A review of results, trends, theory, and opportunities in an expanding field of research. Journal of Cleaner Production, 59, 5-21. https://doi.org/10.1016/j.jclepro.2013.07.005
  • Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2019). Multivariate data analysis. Cengage Learning.
  • Haji, A. A., Coram, P., & Troshani, I. (2023). Consequences of CSR reporting regulations worldwide: A review and research agenda. Accounting, Auditing & Accountability Journal, 36(1), 177-208. https://doi.org/10.1108/aaaj-05-2020-4571
  • Hamrouni, A., Karaman, A. S., Kuzey, C., & Uyar, A. (2023). Ethical environment, accountability, and sustainability reporting: What is the connection in the hospitality and tourism industry? Tourism Economics, 29(3), 664-695. https://doi.org/10.1177/13548166211062649
  • Han, S.-R., Li, P., Xiang, J.-J., Luo, X.-H., & Chen, C.-Y. (2020). Does the institutional environment influence corporate social responsibility? Consideration of green investment of enterprises—evidence from China. Environmental Science and Pollution Research, 29(9), 12722-12739. https://doi.org/10.1007/s11356-020-09559-6
  • Haniffa, R. M., & Cooke, T. E. (2002). Culture, corporate governance and disclosure in Malaysian corporations. Abacus, 38(3), 317-349. https://doi.org/10.1111/1467-6281.00112
  • Jensen, J. C., & Berg, N. (2012). Determinants of traditional sustainability reporting versus integrated reporting. An institutionalist approach. Business Strategy and the Environment, 21(5), 299-316. https://doi.org/10.1002/bse.740
  • Karmani, M., & Boussaada, R. (2021). Corporate social responsibility and firm performance: Does institutional quality matter? Journal of Applied Accounting Research, 22(4), 641-662. https://doi.org/10.1108/JAAR-07-2020-0153
  • Kaufmann, D., & Kraay, A. (2020). 2020 Worldwide Governance Indicators. Retrieved October 20, 2021, from http://info.worldbank.org/governance/wgi/
  • Khan, M., Lockhart, J., & Bathurst, R. (2020). A multi-level institutional perspective of corporate social responsibility reporting: A mixed-method study. Journal of Cleaner Production, 265, 121739. https://doi.org/10.1016/j.jclepro.2020.121739
  • Kılıç, M., Uyar, A., & Karaman, A. S. (2019). What impacts sustainability reporting in the global aviation industry? An institutional perspective. Transport Policy, 79, 54-65. https://doi.org/10.1016/j.tranpol.2019.04.017
  • Kılıç, M., Uyar, A., Kuzey, C., & Karaman, A. S. (2021). Does institutional theory explain integrated reporting adoption of Fortune 500 companies? Journal of Applied Accounting Research, 22(1), 114-137. https://doi.org/10.1108/JAAR-04-2020-0068
  • Kim, C., Kim, J., Marshall, R., & Afzali, H. (2018). Stakeholder influence, institutional duality, and CSR involvement of MNC subsidiaries. Journal of Business Research, 91, 40-47. https://doi.org/10.1016/j.jbusres.2018.05.044
  • KPMG (2022). Survey of sustainability reporting 2022. Retrieved November 28, 2023, from https://assets.kpmg.com/content/dam/kpmg/se/pdf/komm/2022/Global-Survey-of-Sustainability-Reporting-2022.pdf
  • Krueger, P., Sautner, Z., Tang, D. Y., & Zhong, R. (2023). The effects of mandatory ESG disclosure around the world. SSRN Electronic Journal. Retrieved November 25, 2023, from https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=3832745
  • Legendre, S., & Coderre, F. (2013). Determinants of GRI G3 application levels: The case of the Fortune Global 500. Corporate Social Responsibility and Environmental Management, 20(3), 182-192. https://doi.org/10.1002/csr.1285
  • Li, R., & Ramanathan, R. (2020). Can environmental investments benefit environmental performance? The moderating roles of institutional environment and foreign direct investment. Business Strategy and the Environment, 29(8), 3385-3398. https://doi.org/10.1002/bse.2578
  • Li, S., Fetscherin, M., Alon, I., Lattemann, C., & Yeh, K. (2010). Corporate social responsibility in emerging markets: The importance of the governance environment. Management International Review, 50(5), 635-654. https://doi.org/10.1007/s11575-010-0049-9
  • Migdadi, Y. K. A.-A., & Omari, A. A. (2019). Identifying the best practices in green operations strategy of hospitals. Benchmarking: An International Journal, 26(4), 1106-1131. https://doi.org/10.1108/bij-09-2017-0242
  • Neter, J., Wasserman, W., & Kutner, M. H. (1996). Applied linear statistical models. McGraw-Hill/Irwin.
  • Nikolaeva, R., & Bicho, M. (2011). The role of institutional and reputational factors in the voluntary adoption of corporate social responsibility reporting standards. Journal of the Academy of Marketing Science, 39(1), 136-157. https://doi.org/10.1007/s11747-010-0214-5
  • Oh, W.-Y., Chang, Y. K., & Jung, R. (2019). Board characteristics and corporate social responsibility: Does family involvement in management matter? Journal of Business Research, 103, 23-33. https://doi.org/10.1016/j.jbusres.2019.05.028
  • Pedersen, E. R. G., Neergaard, P., Pedersen, J. T., & Gwozdz, W. (2013). Conformance and deviance: Company responses to institutional pressures for corporate social responsibility reporting. Business Strategy and the Environment, 22(6), 357-373. https://doi.org/10.1002/bse.1743
  • Rosati, F., & Faria, L. G. D. (2019). Addressing the SDGs in sustainability reports: The relationship with institutional factors. Journal of Cleaner Production, 215, 1312-1326. https://doi.org/10.1016/j.jclepro.2018.12.107
  • Shabana, K. M., Buchholtz, A. K., & Carroll, A. B. (2017). The institutionalization of corporate social responsibility reporting. Business and Society, 56(8), 1107-1135. https://doi.org/10.1177/0007650316628177
  • Simoni, L., Bini, L., & Bellucci, M. (2020). Effects of social, environmental, and institutional factors on sustainability report assurance: Evidence from European countries. Meditari Accountancy Research, 28(6), 1059-1087. https://doi.org/10.1108/medar-03-2019-0462
  • Singh, S., & Mittal, S. (2019). Analysis of drivers of CSR practices’ implementation among family firms in India: A stakeholder's perspective. International Journal of Organizational Analysis, 27(4), 947-971. https://doi.org/10.1108/ijoa-09-2018-1536
  • SPI (2020). 2020 Social Progress Index. Retrieved October 15, 2021, from https://www.socialprogress.org/
  • The World Bank (2020). World Development Indicators. Retrieved October 21, 2021, from https://databank.worldbank.org/source/world-development-indicators
  • Tran, M., & Beddewela, E. (2020). Does context matter for sustainability disclosure? Institutional factors in Southeast Asia. Business Ethics: A European Review, 29(2), 282-302. https://doi.org/10.1111/beer.12265
  • Uyar, A., Karaman, A. S., & Kilic, M. (2021). Institutional drivers of sustainability reporting in the global tourism industry. Tourism Economics, 27(1), 105-128. https://doi.org/10.1177/1354816619886250
  • Van der Zahn, J. M. (2023). Sustainability reporting regime transition and the impact on intellectual capital reporting. Journal of Applied Accounting Research, 24(3), 544-582. https://doi.org/10.1108/jaar-06-2021-0143
  • Vashchenko, M. (2017). An external perspective on CSR: What matters and what does not? Business Ethics: A European Review, 26(4), 396-412. https://doi.org/10.1111/beer.12162
  • Wendling, Z. A., Emerson, J. W., de Sherbinin, A., & Esty, D. C. (2020). 2020 Environmental Performance Index. Yale Center for Environmental Law & Policy. https://epi.yale.edu/
  • Yasser, Q. R., Al Mamun, A., & Ahmed, I. (2017). Corporate social responsibility and gender diversity: Insights from Asia Pacific. Corporate Social Responsibility and Environmental Management, 24(3), 210-221. https://doi.org/10.1002/csr.1400
  • Yuan, J., Al Shraah, A., Kuo, Y.-K., Muda, I., Mabrouk, F., Espinoza-Maguiña, M., & Abdulrehman, N. (2023). Effects of ecological innovation, governance structure, and social development on the adoption of sustainable reporting in the global tourism industry. Economic Research-Ekonomska Istraživanja, 36(2), 2179092. https://doi.org/10.1080/1331677x.2023.2179092

KURUMSAL ÇEVRE SÜRDÜRÜLEBİLİRLİK RAPORLAMASINI ETKİLER Mİ? DÜNYA ÇAPINDA BİR ARAŞTIRMA

Year 2024, Volume: 26 Issue: 1, 1 - 29, 31.03.2024

Merve Kılıç Karamahmutoğlu

https://doi.org/10.31460/mbdd.1370759

Abstract

Bu çalışma, kurumsal çevre ile Küresel Raporlama Girişimi (Global Reporting Initiative-GRI) ilkelerinin uygulanması arasındaki ilişkiyi incelemeyi amaçlamaktadır. Çalışmanın örneklemi, Fortune dergisinin 2020 yılı sıralaması doğrultusunda belirlenen dünyanın en büyük 500 işletmesini kapsamaktadır. Kurumsal çevre ve GRI uygulaması arasındaki ilişki lojistik regresyon yöntemi ile analiz edilmiştir. Çalışmanın sonuçları, yüksek çevresel gelişme ve sosyal ilerleme ve güçlü kurumsal yapıya sahip ülkelerdeki işletmelerin GRI çerçevesi ile uyumlu sürdürülebilirlik raporu yayınlama eğiliminin daha yüksek olduğunu göstermiştir. Bu çalışma, ülke düzeyindeki kurumsal faktörlerin şirket raporlamasındaki önemli rolünü ortaya koymuştur.

Keywords

Kurumsal Çevre Kurumsal Faktörler Sürdürülebilirlik Raporlaması GRI

References

  • Ali, W., & Frynas, J. G. (2018). The role of normative CSR-promoting institutions in stimulating CSR disclosures in developing countries. Corporate Social Responsibility and Environmental Management, 25(4), 373-390. https://doi.org/10.1002/csr.1466
  • Amini, M., Bienstock, C. C., & Narcum, J. A. (2018). Status of corporate sustainability: A content analysis of Fortune 500 companies. Business Strategy and the Environment, 27(8), 1450-1461. https://doi.org/10.1002/bse.2195
  • Amor-Esteban, V., Galindo-Villardón, M., & García-Sánchez, I.-M. (2019). A multivariate proposal for a national corporate social responsibility practices index (NCSRPI) for international settings. Social Indicators Research, 143(2), 525-560. https://doi.org/10.1007/s11205-018-1997-x
  • Baughn, C. C., (Dusty) Bodie, N. L., & McIntosh, J. C. (2007). Corporate social and environmental responsibility in Asian countries and other geographical regions. Corporate Social Responsibility and Environmental Management, 14(4), 189-205. https://doi.org/10.1002/csr.160
  • Campbell, J. L. (2007). Why would corporations behave in socially responsible ways? An institutional theory of corporate social responsibility. Academy of Management Review, 32(3), 946-967. https://doi.org/10.5465/amr.2007.25275684
  • Cardenas, M., Ayala, J. J. G., & Hernandez-Aguilera, J. N. (2020). Boosting ESG finance for the post-Covid-19 world. Retrieved December 11, 2023, from https://intelego-eu.com/wp-content/uploads/2020/05/BoostingESGFinancePost-COVID_CGEP_Commentary_042220-3-1.pdf
  • Christensen, H. B., Hail, L., & Leuz, C. (2021). Mandatory CSR and sustainability reporting: Economic analysis and literature review. Review of Accounting Studies, 26(3), 1176-1248. https://doi.org/10.1007/s11142-021-09609-5
  • DiMaggio, P. J., & Powell, W. W. (1983). The iron cage revisited: Institutional isomorphism and collective rationality in organizational fields. American Sociological Review, 48(2), 147-160. https://doi.org/10.2307/2095101
  • Doh, J. P., & Guay, T. R. (2006). Corporate social responsibility, public policy, and NGO activism in Europe and the United States: An institutional‐stakeholder perspective. Journal of Management Studies, 43(1), 47-73. https://doi.org/10.1111/j.1467-6486.2006.00582.x
  • Fifka, M. S., & Pobizhan, M. (2014). An institutional approach to corporate social responsibility in Russia. Journal of Cleaner Production, 82, 192-201. https://doi.org/10.1016/j.jclepro.2014.06.091
  • Fortune (2020). Fortune Global 500 list 2020. Retrieved September 25, 2021, from https://fortune.com/ranking/global500/2020/
  • Freeman, R. E. (1984). Strategic management: A stakeholder perspective. Prentice Hall.
  • Gallego‐Álvarez, I., & Pucheta‐Martínez, M. C. (2020). Corporate social responsibility reporting and corporate governance mechanisms: An international outlook from emerging countries. Business Strategy & Development, 3(1), 77-97. https://doi.org/10.1002/bsd2.80
  • Gerged, A. M., & Almontaser, T. (2021). Corporate adoption of SDG reporting in a non-enabling institutional environment: Insights from Libyan oil industries. Resources Policy, 74, 102240. https://doi.org/10.1016/j.resourpol.2021.102240
  • GRI (2021). GRI 1: Foundation 2021. Retrieved December 13, 2023, from https://www.globalreporting.org/standards/download-the-standards/
  • Hackston, D., & Milne, M. J. (1996). Some determinants of social and environmental disclosures in New Zealand companies. Accounting, Auditing & Accountability Journal, 9(1), 77-108. https://doi.org/10.1108/09513579610109987
  • Hahn, R., & Kühnen, M. (2013). Determinants of sustainability reporting: A review of results, trends, theory, and opportunities in an expanding field of research. Journal of Cleaner Production, 59, 5-21. https://doi.org/10.1016/j.jclepro.2013.07.005
  • Hair, J. F., Black, W. C., Babin, B. J., & Anderson, R. E. (2019). Multivariate data analysis. Cengage Learning.
  • Haji, A. A., Coram, P., & Troshani, I. (2023). Consequences of CSR reporting regulations worldwide: A review and research agenda. Accounting, Auditing & Accountability Journal, 36(1), 177-208. https://doi.org/10.1108/aaaj-05-2020-4571
  • Hamrouni, A., Karaman, A. S., Kuzey, C., & Uyar, A. (2023). Ethical environment, accountability, and sustainability reporting: What is the connection in the hospitality and tourism industry? Tourism Economics, 29(3), 664-695. https://doi.org/10.1177/13548166211062649
  • Han, S.-R., Li, P., Xiang, J.-J., Luo, X.-H., & Chen, C.-Y. (2020). Does the institutional environment influence corporate social responsibility? Consideration of green investment of enterprises—evidence from China. Environmental Science and Pollution Research, 29(9), 12722-12739. https://doi.org/10.1007/s11356-020-09559-6
  • Haniffa, R. M., & Cooke, T. E. (2002). Culture, corporate governance and disclosure in Malaysian corporations. Abacus, 38(3), 317-349. https://doi.org/10.1111/1467-6281.00112
  • Jensen, J. C., & Berg, N. (2012). Determinants of traditional sustainability reporting versus integrated reporting. An institutionalist approach. Business Strategy and the Environment, 21(5), 299-316. https://doi.org/10.1002/bse.740
  • Karmani, M., & Boussaada, R. (2021). Corporate social responsibility and firm performance: Does institutional quality matter? Journal of Applied Accounting Research, 22(4), 641-662. https://doi.org/10.1108/JAAR-07-2020-0153
  • Kaufmann, D., & Kraay, A. (2020). 2020 Worldwide Governance Indicators. Retrieved October 20, 2021, from http://info.worldbank.org/governance/wgi/
  • Khan, M., Lockhart, J., & Bathurst, R. (2020). A multi-level institutional perspective of corporate social responsibility reporting: A mixed-method study. Journal of Cleaner Production, 265, 121739. https://doi.org/10.1016/j.jclepro.2020.121739
  • Kılıç, M., Uyar, A., & Karaman, A. S. (2019). What impacts sustainability reporting in the global aviation industry? An institutional perspective. Transport Policy, 79, 54-65. https://doi.org/10.1016/j.tranpol.2019.04.017
  • Kılıç, M., Uyar, A., Kuzey, C., & Karaman, A. S. (2021). Does institutional theory explain integrated reporting adoption of Fortune 500 companies? Journal of Applied Accounting Research, 22(1), 114-137. https://doi.org/10.1108/JAAR-04-2020-0068
  • Kim, C., Kim, J., Marshall, R., & Afzali, H. (2018). Stakeholder influence, institutional duality, and CSR involvement of MNC subsidiaries. Journal of Business Research, 91, 40-47. https://doi.org/10.1016/j.jbusres.2018.05.044
  • KPMG (2022). Survey of sustainability reporting 2022. Retrieved November 28, 2023, from https://assets.kpmg.com/content/dam/kpmg/se/pdf/komm/2022/Global-Survey-of-Sustainability-Reporting-2022.pdf
  • Krueger, P., Sautner, Z., Tang, D. Y., & Zhong, R. (2023). The effects of mandatory ESG disclosure around the world. SSRN Electronic Journal. Retrieved November 25, 2023, from https://papers.ssrn.com/sol3/Papers.cfm?abstract_id=3832745
  • Legendre, S., & Coderre, F. (2013). Determinants of GRI G3 application levels: The case of the Fortune Global 500. Corporate Social Responsibility and Environmental Management, 20(3), 182-192. https://doi.org/10.1002/csr.1285
  • Li, R., & Ramanathan, R. (2020). Can environmental investments benefit environmental performance? The moderating roles of institutional environment and foreign direct investment. Business Strategy and the Environment, 29(8), 3385-3398. https://doi.org/10.1002/bse.2578
  • Li, S., Fetscherin, M., Alon, I., Lattemann, C., & Yeh, K. (2010). Corporate social responsibility in emerging markets: The importance of the governance environment. Management International Review, 50(5), 635-654. https://doi.org/10.1007/s11575-010-0049-9
  • Migdadi, Y. K. A.-A., & Omari, A. A. (2019). Identifying the best practices in green operations strategy of hospitals. Benchmarking: An International Journal, 26(4), 1106-1131. https://doi.org/10.1108/bij-09-2017-0242
  • Neter, J., Wasserman, W., & Kutner, M. H. (1996). Applied linear statistical models. McGraw-Hill/Irwin.
  • Nikolaeva, R., & Bicho, M. (2011). The role of institutional and reputational factors in the voluntary adoption of corporate social responsibility reporting standards. Journal of the Academy of Marketing Science, 39(1), 136-157. https://doi.org/10.1007/s11747-010-0214-5
  • Oh, W.-Y., Chang, Y. K., & Jung, R. (2019). Board characteristics and corporate social responsibility: Does family involvement in management matter? Journal of Business Research, 103, 23-33. https://doi.org/10.1016/j.jbusres.2019.05.028
  • Pedersen, E. R. G., Neergaard, P., Pedersen, J. T., & Gwozdz, W. (2013). Conformance and deviance: Company responses to institutional pressures for corporate social responsibility reporting. Business Strategy and the Environment, 22(6), 357-373. https://doi.org/10.1002/bse.1743
  • Rosati, F., & Faria, L. G. D. (2019). Addressing the SDGs in sustainability reports: The relationship with institutional factors. Journal of Cleaner Production, 215, 1312-1326. https://doi.org/10.1016/j.jclepro.2018.12.107
  • Shabana, K. M., Buchholtz, A. K., & Carroll, A. B. (2017). The institutionalization of corporate social responsibility reporting. Business and Society, 56(8), 1107-1135. https://doi.org/10.1177/0007650316628177
  • Simoni, L., Bini, L., & Bellucci, M. (2020). Effects of social, environmental, and institutional factors on sustainability report assurance: Evidence from European countries. Meditari Accountancy Research, 28(6), 1059-1087. https://doi.org/10.1108/medar-03-2019-0462
  • Singh, S., & Mittal, S. (2019). Analysis of drivers of CSR practices’ implementation among family firms in India: A stakeholder's perspective. International Journal of Organizational Analysis, 27(4), 947-971. https://doi.org/10.1108/ijoa-09-2018-1536
  • SPI (2020). 2020 Social Progress Index. Retrieved October 15, 2021, from https://www.socialprogress.org/
  • The World Bank (2020). World Development Indicators. Retrieved October 21, 2021, from https://databank.worldbank.org/source/world-development-indicators
  • Tran, M., & Beddewela, E. (2020). Does context matter for sustainability disclosure? Institutional factors in Southeast Asia. Business Ethics: A European Review, 29(2), 282-302. https://doi.org/10.1111/beer.12265
  • Uyar, A., Karaman, A. S., & Kilic, M. (2021). Institutional drivers of sustainability reporting in the global tourism industry. Tourism Economics, 27(1), 105-128. https://doi.org/10.1177/1354816619886250
  • Van der Zahn, J. M. (2023). Sustainability reporting regime transition and the impact on intellectual capital reporting. Journal of Applied Accounting Research, 24(3), 544-582. https://doi.org/10.1108/jaar-06-2021-0143
  • Vashchenko, M. (2017). An external perspective on CSR: What matters and what does not? Business Ethics: A European Review, 26(4), 396-412. https://doi.org/10.1111/beer.12162
  • Wendling, Z. A., Emerson, J. W., de Sherbinin, A., & Esty, D. C. (2020). 2020 Environmental Performance Index. Yale Center for Environmental Law & Policy. https://epi.yale.edu/
  • Yasser, Q. R., Al Mamun, A., & Ahmed, I. (2017). Corporate social responsibility and gender diversity: Insights from Asia Pacific. Corporate Social Responsibility and Environmental Management, 24(3), 210-221. https://doi.org/10.1002/csr.1400
  • Yuan, J., Al Shraah, A., Kuo, Y.-K., Muda, I., Mabrouk, F., Espinoza-Maguiña, M., & Abdulrehman, N. (2023). Effects of ecological innovation, governance structure, and social development on the adoption of sustainable reporting in the global tourism industry. Economic Research-Ekonomska Istraživanja, 36(2), 2179092. https://doi.org/10.1080/1331677x.2023.2179092
There are 52 citations in total.

Details

Primary Language English
Subjects Business Administration
Journal Section MAIN SECTION
Authors

Merve Kılıç Karamahmutoğlu 0000-0001-8480-2251

Early Pub Date March 25, 2024
Publication Date March 31, 2024
Submission Date October 3, 2023
Published in Issue Year 2024 Volume: 26 Issue: 1

Cite

APA Kılıç Karamahmutoğlu, M. (2024). DOES THE INSTITUTIONAL ENVIRONMENT AFFECT SUSTAINABILITY REPORTING? WORLDWIDE EVIDENCE. Muhasebe Bilim Dünyası Dergisi, 26(1), 1-29. https://doi.org/10.31460/mbdd.1370759
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Authorship
MBDD follows the guidelines in COPE Authorship Guideline to ensure fair recognition of contributions to a research paper (https://publicationethics.org/guidance/discussion-document/authorship ). Authorship carries both credit and responsibility, and it is essential that all listed authors have made significant contributions to the research.

For multi-author studies, the Contributions of Authors must be declared after the conclusion and before the bibliography of the paper. The authors' initials and last names should be used to indicate which author contributed to which part of the manuscript. Details can be found by clicking the “Article Submission Checklist” button. The authors can acknowledge contributions that do not merit authorship.


The author(s) should disclose the use of generative Artificial Intelligence (AI) and AI-assisted tools in design and implementation of the research. Such use need to be disclosed within the methodology section of the manuscript. Use of AI does not preclude the manuscript from publication, rather provides a transparent picture of the research.