Previous financial disclosure literature suggests that private and public firms exhibit different characteristics in their financial reporting behavior. And yet literature on greenhouse gas (GHG) emissions disclosure has so far paid little attention to private firms, despite the fact that this type of firm is responsible for significant GHG emissions. This study analyzes the GHG disclosure behavior of German private firms, considering not only the typical theoretical foundations in environmental disclosure literature – approaches from sociopolitical theories – but also arguments from disclosure theory. The results suggest that if a private firm’s decision to disclose GHG emissions information is divided into two sequential steps – the first step being to decide whether or not to disclose such information, and the second being to decide on the extent of the information to be disclosed – these two steps can be assigned to two different disclosure incentives: the initial disclosure decision seems to be triggered by sociopolitical issues, while the decision on the extent of disclosure is driven by information demands of capital providers.
Greenhouse Gas Emissions Disclosure Private Firms Greenhouse Gas Emissions Sociopolitical Theories Gas Emissions Disclosure Greenhouse Gas Sequential Steps Disclosure Incentives Disclosure Literature Disclosure Theory
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Round-ups are the summaries of handpicked papers around trending topics published every week. These would enable you to scan through a collection of papers and decide if the paper is relevant to you before actually investing time into reading it.
Climate change Research Articles published between Jan 23, 2023 to Jan 29, 2023
Jan 30, 2023
Articles Included: 3
Climate change adaptation has shifted from a single-dimension to an integrative approach that aligns with vulnerability and resilience concepts. Adapt...Read More
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